Market Overview
The global wireless mesh network market size was valued at USD 8.50 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 9.1% from 2023 to 2032.
A wireless mesh network (WMN) is a type of wireless network in which multiple devices are interconnected via a mesh topology. Each device in the network acts as a node, forwarding data packets to other nodes to ensure that the data reaches its destination. Wireless mesh networks are commonly used in large-scale outdoor applications, such as smart cities, public transportation systems, and industrial automation.
The wireless mesh network market is experiencing significant growth due to the increasing demand for reliable, high-performance wireless communication systems in a variety of industries. The market is expected to be worth billions of dollars in the coming years, driven by factors such as the increasing adoption of IoT devices, the growing need for high-speed wireless networks, and the expanding use of wireless mesh networks in smart cities and other large-scale applications.
Overall, the wireless mesh network market is characterized by strong growth potential, driven by the increasing demand for reliable, high-performance wireless communication systems in various industries. The market is expected to continue growing in the coming years, driven by the deployment of IoT devices and the increasing adoption of wireless mesh networks in smart cities and other large-scale applications.
Segmental Overview
Component:
The wireless mesh network market can be segmented into mesh routers, mesh clients, and mesh access points.
Service:
The wireless mesh network market can be segmented into network planning and consulting, deployment and provisioning, and maintenance and support.
Mesh Design:
The wireless mesh network market can be segmented into infrastructure and ad-hoc mesh networks.
Radio Frequency:
The wireless mesh network market can be segmented into sub-1 GHz, 2.4 GHz, and 4.9 GHz and above.
Application:
The wireless mesh network market can be segmented into video streaming and surveillance, traffic management, remote monitoring and control, and others.
Geography:
The wireless mesh network market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Overall, these segments provide insights into the different factors that influence the adoption and deployment of wireless mesh networks in various industries and geographies. For example, the demand for wireless mesh networks in traffic management applications may be higher in urban areas, while the demand for wireless mesh networks in remote monitoring and control applications may be higher in industrial settings. Similarly, different frequency bands may be preferred for different types of applications, such as sub-1 GHz for long-range and low-power IoT devices, and 2.4 GHz for high-speed data transmission. The regional segmental analysis can help identify growth opportunities in different regions based on factors such as government regulations, infrastructure development, and industry trends.
Regional Overview
North America:
The North America region is expected to hold the largest share of the wireless mesh network market during the forecast period, driven by the presence of major wireless mesh network vendors and the high adoption of wireless mesh networks in smart city and transportation applications. The US and Canada are the major contributors to the growth of the wireless mesh network market in the region. The deployment of wireless mesh networks in public safety and security applications is also driving the growth of the market in the region.
Europe:
The Europe region is expected to hold a significant share of the wireless mesh network market during the forecast period, driven by the increasing adoption of IoT devices and the growing need for high-speed wireless networks in industries such as manufacturing, logistics, and healthcare. The UK, Germany, France, and Italy are the major contributors to the growth of the wireless mesh network market in the region.
Asia Pacific:
The Asia Pacific region is expected to be the fastest-growing market for wireless mesh networks during the forecast period, driven by the increasing adoption of IoT devices and the growing need for high-speed wireless networks in industries such as manufacturing, logistics, and transportation. The increasing investment in smart city projects in countries such as China, India, and Japan is also driving the growth of the market in the region.
Latin America:
The Latin America region is expected to show significant growth in the wireless mesh network market during the forecast period, driven by the increasing adoption of wireless mesh networks in smart city projects, public safety and security applications, and industrial automation. Brazil, Mexico, and Argentina are the major contributors to the growth of the wireless mesh network market in the region.
Middle East and Africa:
The Middle East and Africa region is expected to show significant growth in the wireless mesh network market during the forecast period, driven by the increasing investment in smart city projects and the growing need for high-speed wireless networks in industries such as oil and gas, mining, and transportation. The UAE, Saudi Arabia, and South Africa are the major contributors to the growth of the wireless mesh network market in the region.
Overall, the growth of the wireless mesh network market in each region is driven by different factors, such as government initiatives, infrastructure development, industry trends, and the adoption of new technologies. The regional analysis can help companies identify growth opportunities in different regions based on these factors.
Competitive Analysis
Key Players:
The wireless mesh network market is highly competitive, with several established players competing for market share. Some of the key players in the market include Cisco Systems, Inc., Aruba Networks, Inc., Ruckus Wireless, Inc., Synapse Wireless, Inc., Tropos Networks, Inc., and Firetide, Inc.
Product Offerings:
The wireless mesh network market offers a wide range of products and services, including hardware, software, and services. The hardware segment includes mesh routers, mesh access points, and mesh gateways, while the software segment includes network management software and security software. The services segment includes consulting, integration, and maintenance services.
Market Share:
The wireless mesh network market is dominated by a few key players, with Cisco Systems, Inc. and Aruba Networks, Inc. holding the largest market share. Other players, such as Ruckus Wireless, Inc. and Synapse Wireless, Inc., also hold a significant market share.
Competitive Strategies:
To gain a competitive advantage in the wireless mesh network market, players are focusing on product innovation, partnerships, and acquisitions. For example, in 2019, Cisco Systems, Inc. acquired Acacia Communications, a provider of high-speed optical interconnect technology, to expand its networking portfolio. Similarly, Aruba Networks, Inc. has partnered with several companies to expand its wireless mesh network offerings, including Microsoft, Siemens, and Dell.
Regional Presence:
Players in the wireless mesh network market have a strong regional presence, with companies such as Ruckus Wireless, Inc. and Tropos Networks, Inc. having a strong presence in the North America region, while companies such as Zebra Technologies Corporation and Cambium Networks Corporation have a strong presence in the Asia Pacific region.
Overall, the wireless mesh network market is highly competitive, with key players focusing on product innovation and strategic partnerships to gain a competitive advantage. Companies with a strong regional presence may also have an advantage in capturing market share in specific regions.
Global Wireless Mesh Network Market: Market Size EstimationWe Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
Only Three Thousand Nine Hundred Fifty US dollar
Only Four Thousand Nine Hundred Fifty US dollar
Only Five Thousand Nine Hundred Fifty US dollar