Wireless Mesh Network Market Share, Growth & Forecast [2030]

Report Description

The wireless mesh network market size was valued at around USD 5.54 Billion in 2021 and is expected to reach USD 15.58 Billion by 2030, expanding at a CAGR of 13.50% during the forecast period, 2022–2030. Rapid rise in the use of artificial intelligence, growing adoption of internet-of-things technologies in several industries, and increasing use of mobile and handset devices are the main factor boosting the market growth of the wireless mesh network market.

Get Free Sample Report

A mesh refers to good interconnection among the devices or nodes. The wireless mesh network is a communication network that is spread across several wireless mesh nodes, which inter-communicate to share the network across a large geographical area. Wireless mesh networks consist of mesh routers, mesh clients, and gateways. If nodes frequently or constantly move, it means mesh requires more time to update the routes than to deliver data. Mesh clients are cell phones, laptops, and other wireless devices, which may or may not be connected to the Internet.

These network technologies provide an advantage over traditional wireless networks as they do not need ethernet cables or any form of physical wiring. The wireless mesh network is an auto-configuring network, which allows the integration of mesh nodes automatically and helps enhance capacity, coverage, and availability by deploying WAPs without disturbing nodes, making it easy to expand to the network.

The wireless mesh network offers a cost-effective alternative for establishing a well designed network infrastructure. The cost required to connect and install the wires is entirely eliminated as it does not require wired connection. The wireless connectivity aids in overcoming several difficulties such as mountain terrain, water bodies, and others. Wireless mesh networks are adjustable in nature and the removal of nodes is easy due to their self-balancing and self-forming properties. The new nodes can be detected automatically, and alternative routes are created after any node is removed. Therefore, the flexibility offered by mesh networks is often responsible for their growing adoption across the globe.

A wireless mesh network (WMN) enables citywide public Wi-Fi, which improves the delivery of urban services. It is estimated that wireless devices account for two-thirds of the Internet Protocol traffic. In metro cities, wireless mesh network solves the congestion problem related to traffic management solutions where traffic data is properly analyzed and solutions are provided for free-flowing of traffic.

Mesh wireless networks allow home users to extend network coverage throughout their homes without any hurdles such as WiFi signal dead zones or internet speed issues. Wireless mesh network systems extend residential network coverage and reduce the possibility of connectivity failures by creating different routes for data transmission.

COVID-19 Impact

The wireless mesh network market grew the covid-19 pandemic. The lockdown was imposed by several nations around the world as a part of measures to prevent the spread of coronavirus. People were asked to work from home, the world was using digital technologies to fight this global crisis. These digital technologies in one way or the other, rely on the availability of wireless communication systems. It helped many sectors as combat the pandemic by continuously monitoring the spread of the virus, allowing virtual education and conferencing, and enabling healthcare automation.

Market Dynamics

This research report presents a complete overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The wireless mesh network market report has up-to-date insights about market dynamics and market scenarios that can shape the overall market performance and output during the forecast period.

Get Free Sample Report

Key Trends:

High Adoption of the Internet of Things (IOT) Devices and Artificial Intelligence
The growing adoption of the Internet of things (IoT) devices for improving connectivity, data sharing, and gradually increasing bandwidth necessity propels the demand for wireless mesh networks. Artificial intelligence is increasing internet and telephone connections worldwide and fueling the demand for street lighting infrastructure, which is expected to spur the sales of cell phones, laptops, and others during the forecast period. This is one of the key trends observed in the market.

Key Drivers:

Increasing adoption of wireless network in several industries
The oil & gas, mining, and chemical sectors are benefiting from the rising usage of wireless mesh networks. The use of automation and technology in the agriculture sector is enabling farmers track crop growth and sun exposure. It scales at a low cost with mesh-enabled nodes across the land and develops a cellular-connected IoT farm. Video surveillance helps nearly all business segments to track the entire process, which is anticipated to aid in the wireless network market growth during the forecast period.

Launch of fast and easy deployment wireless mesh networks
Companies are increasingly developing fast and easy to deploy wireless mesh networks, which has increased its demand in the public safety infrastructure. Wireless mesh network can be speedily established in disaster struck areas as a part of a disaster relief program.

Low cost and good connectivity
Wireless mesh networking (WMN) is best suited for tracking pallets and monitoring large physical objects and highly reliable wireless connectivity network due to its low cost and connectivity. Through wireless mesh networking, one can easily track key data across the factory floor and multiple locations to identify if there are any issues before it occurs, which in turn, attracts many vendors to provide an industry-oriented product.

The global wireless mesh network (WMN) market is expected to expand during the forecast period, due to the advancements in the wireless communication system sector. Low cost, strong communications, and flexible scale are the main advantages driving the global wireless mesh network market during the forecast period.

Existing Challenges:

Privacy concerns and data security to hamper the market
The use of wireless technologies includes concerns about security, privacy, and misinformation act as major challenges that can hamper the market growth during the forecast period. Technical issues, risks associated with data theft, and device hacking are challenging the wireless mesh network market.

Emerging Opportunities:

Advancements in IoT
New and advanced Internet of Things (IoT)-enabled products and technological advancements in the wireless mesh network market are projected to create immense opportunities in the coming years. The new and advanced Internet of Things (IoT)-enabled products are being launched that are connected to each other with the help of wireless mesh networks. In this network, the IoT devices work as nodes in network and forward data packets to other nodes in the network.

Investments in R&D
Continuous research and development activities and technological advancement in the wireless mesh network market are projected to make it a create immense opportunities for the market players during the forecast period.

Scope of the Report

The report on the global wireless mesh network market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Market Segment Insights

Physical appliances segment to expand at a robust growth rate

Based on components, the wireless mesh network market is divided into physical appliances, mesh platforms, and services. The physical appliances segment is expected to expand at a robust growth rate during the forecast period due to rising awareness about its several advantages. A mesh router is a replacement for traditional routers, which provides a policy-based, dynamic, application path across various heterogeneous devices in the mesh networks market.

The mesh platforms segment is anticipated to hold a key share of the market in the coming years owing to some of the wireless mesh network vendors offering solutions that are based on platforms and technologies that can convert mesh nodes into routers and access points. Each of the nodes in the network is a receiver and a sender of the information. In any case, if a node is down the connected node would find another node to get connected, which reduces the chance of network failure.

The 2.4 GHz segment to expand at a considerable CAGR

On the basis of radio frequency, the market is segregated into sub 1 GHz, 2.4 GHz, 4.9 GHz, 5 GHz. The 2.4 GHz segment is projected to register a considerable CAGR during the forecast period, owing to its rising use in a large number of cordless phones, microwaves, Bluetooth devices, Wi-Fi, and other wireless devices.

The Ad-hoc segment holds a key share of the market

On the basis of mesh design, the wireless mesh network market is bifurcated into infrastructure wireless mesh and ad-hoc mesh. The ad-hoc mesh network segment holds a key share of the market during the forecast period, as the network is created as per requirement, without the need for any prior complex network design and planning. The ad-hoc mesh network is extremely useful for a short-term network, as it provides high-speed wireless connectivity for users in disaster struck areas.

Video surveillance is expected to be the fastest growing segment

Basis on applications, the wireless mesh network market is segmented into video surveillance, home networking, disaster management and rescue operations, medical device connectivity, traffic management, and others. The video surveillance segment is expected to be the fastest growing segment during the forecast period, owing to the rising concerns about security threats at public and private sites.  

Get Free Sample Report

North America expected to dominate the market

In terms of regions, the global wireless mesh network market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projected period, owing to rapid adoption of wireless mesh networking technology. Countries in this region have remarkable advantages in sustainable and established economies that can make substantial investments in research and development activities, which is contributing to the development of new technologies such as cloud networking, Software-as-a-Service (SaaS)-based applications, Internet of Things (IoT), network analytics, virtualization, and businesses of this domain in these regions are moving to wireless mesh network technology and adopting and building a consistent cost-effective network in the region.

The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, due to the presence of rapidly growing economies such as China, India, Japan, Singapore, and Australia. Asia Pacific has observed the progressive and dynamic adoption of new technologies and has always been an immense market for wireless mesh networks. Countries such as China, Singapore, and Japan have developed technological infrastructures that facilitate the adoption of mesh network solutions in various industries in the region, which fuels the wireless mesh network market growth during the forecast period.

Get Free Sample Report