Owing to the benefits of versatility in providing wide network coverage without incurring heavy costing to the organization is one of the major factors that is responsible for growth in the global wireless mesh network market. This system offers the organization the advantage in terms of scalability which could help the business to grow at a higher rate by facilitating better services to the consumer. It becomes easy for the business organization to add the node to a network when any such situation arises, thus these possible determinants influence the growth in the market.
Asia Pacific Region to Render Ample Investment Avenues
The Asia Pacific Region is anticipated to generate the substantial fraction of sales in the estimated years based on regional performance and segmentation. This is ascertained by the easily adoption of latest technologies in the fields such as Video Streaming and Surveillance, Disaster Management and Public Safety , Telecommunication, Border Security, Smart Building , Home Automation and Smart Manufacturing. Moreover, with increase in rate of terrorist attack and assassination demand of wireless network system gain a prominent position in Asian Pacific nations such as China, Japan and India. With the increase standard of living and heavy burden on internet, encourage the organization to upscale their strategies and opt for better service that provide high speed internet and wide coverage to the end user.. Based on comparable market fundamentals , the north American market is following suit and established itself as valuable region. Additionally, the European market is estimated to garner a significant market with increase in resources, supported by booming in the economy of nations.
Disaster Management and Public Safety Dominate the Market
The disaster management & rescue operation segment is predicted to dominate the market over the forecast years. With the increasing proportion of climatic disasters due to rise in temperatures, rescue operations need to be modified with the assistance of mesh networks. These networks are also adopted in military applications for strengthening communication between the various segment of team despite the bad or weak network connection in the area. The video surveillance segment is anticipated to vouch for the highest GR as video surveillance offers a human-friendly interface and thus is a preferred security solution over others.
Oil& Gas field to remain a top
Over the course of forecast period, oil& gas segment prove to have highest share in the market.The oil and gas industry sees the highest adoption of WMN due to the market's volatility and operators' innovative efforts to maximise production while reducing costs. Through the deployment of technology like online courses and webinars, WMN is used in the government sector to enhance the quality of communication and the education sector.
Similar to that, it is finding success in the healthcare industry because to wireless mobility, which enables instant access to patient data at the medical facility.
2.4 GHz Radio Frequency to Emerge as the Most Lucrative Segment
During the estimated period , 2.4GHz radio frequency band segment is anticipated to continue to have largest in the market. The radio frequency bands are used by many industrial, medical, and scientific instruments, which is anticipated to accelerate the segment's growth. In addition, long and short range antenna that are employed to keep the system small are covered by this radio frequency spectrum. The market in North America, which has seen the most advancements in communications infrastructure, is also anticipated to be dominated by this sector.
The need for a better network to provide wide coverage and adaptability across households, surveillance, disaster management and public safety, telecommunication as well as border security has hiked the reliance upon the wireless mesh network.
Attributes such as enhanced data security than the traditional system to the end users across industries such as workforce and asset tracking, predictive maintenance, logistics and supply chain management and other like advance manufacturing application industries are fostering commendable progress in wireless mesh networks
Advantages such as flexible management infrastructure, relatively less expensive setup cost along with resilient and reliable features help wireless mesh network systems to gain upper hand against the traditional market system. Due to any unforeseen events, if there is sudden breakage between the two nodes, its other respective nodes can immediately find another route using a routing protocol. This ensures the benefit of stability which is not available in traditional systems.
Wireless mesh network function through network topology where it provide an effective channel between each node and comprises various network gateways that connect the whole network with its users including consumers, thus providing a cost effective substitute for stabilization of a network infrastructure. These factors collectively incite the thumping growth in the global Wireless mesh network market, securing an overall market size USD 13.08 Billion at a CAGR of 10.1% in the estimated period of 2019 to 2029.
Instant and manageable deployment of the wireless mesh network has ened its popularity in the public safety infrastructure. Government has taken initiative for providing in disaster struck area by establishing wireless mesh network, resulting its increase in popularity in global wireless mesh network market.
One of conventional projects in field of oil and gas commerce such as smart metering employs wireless mesh network for attaching meters with each other and transmission of data for research. Former electricity and gas meters are promptly being replaced with the help of advanced metering infrastructure. It facilitates the two way communication between consumers and utilities. The rising adoption of such smart meters is estimated to boost the favorability of utilization of wireless mesh networks, resulting in augmenting the global market of wireless mesh network during the upcoming years.
Driving factors such as deployment and Provisioning, Network Planning, Network Security, Network Analytics, Support and Maintenance, Network Testing, Network Consulting, and Network Optimization are the different components of the market. Enhancing appetite for smart street lighting infrastructure that regulates the density of lights for profitable services and protects civilians from terrorism and assassination with the assistance of video supervision, due to an expansion in the usage of artificial intelligence, which stimulates the market development of the Wireless Mesh Network Market.
However, the initial cost of setting up and installation charges of wireless mesh network is usually high-priced which makes it unfavorable for small enterprises that are more on tight funds, resulting in low growth in market. But feature the s like high speed and feasibility likely to drive new opportunities in the global wireless mesh network market.
The major players of Global Wireless Mesh Network are Rajant Corporation, Cambium Networks, SCAN RF Projects ,Cisco Systems, Concentris Systems LLC, ABB (Tropos Networks Inc.), Zebra Technologies, Firetide Inc. , Synapse Wireless Inc., Fluidmesh Networks LLC, Aruba Networks Inc., Qorvus Systems Inc., P2 Wireless Technologies, General Dynamics Mission Systems, Inc.
Wireless Mesh Network Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 13.08 Billion|
|Growth Rate||CAGR of 10.1 % during 2021-2028|
|Segment Covered||Component, Mesh Design, Service, Radio Frequency, Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Rajant Corporation, Cambium Networks, SCAN RF Projects ,Cisco Systems, Concentris Systems LLC, ABB (Tropos Networks Inc.), Zebra Technologies, Firetide Inc. , Synapse Wireless Inc., Fluidmesh Networks LLC, Aruba Networks Inc., Qorvus Systems Inc., P2 Wireless Technologies, General Dynamics Mission Systems, Inc.|
Key Segments of the Global Wireless Mesh Network Market
Component Overview, 2019-2029 (USD Billion)
- Physical Appliances
- Mesh Platform
Mesh Design Overview, 2019 – 2029 (USD Billion)
- Infrastructure Wireless Mesh
- Ad – Hoc Mesh
Service Overview, 2019 – 2029 (USD Billion)
- Deployment and Provisioning
- Network Planning
- Network Security
- Network Analytics
- Support and Maintenance
- Network Testing
- Network Consulting
- Network Optimization
Radio Frequency Overview, 2019- 2029 (USD Billion)
- Sub 1GHz Band
- 2.4 GHz Band
- 4.9 GHz Band
- 5 GHz Band
Application Overview, 2019 – 2029 (USD Billion)
- Video Streaming and Surveillance
- Disaster Management and Public Safety
- Border Security
- Smart Building
- Home Automation and Smart Manufacturing
Region Overview, 2019 – 2029 (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa