Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 8.88 Billion | USD 18.96 Billion | 8.92% | 2023 |
The global wireless mesh network market size was worth around USD 8.88 billion in 2023 and is predicted to grow to around USD 18.96 billion by 2032 with a compound annual growth rate (CAGR) of roughly 8.92% between 2024 and 2032.
The report covers forecasts and analysis for the wireless mesh networks market on a global and regional level. The study provides historic data for 2018 to 2022 and the forecast from 2024 to 2032 based on revenue (USD Billion).
Wireless mesh network is a key enabling technology for the fourth generation wireless system which provides flexible, high capacity wireless backhaul over large geographical areas. Wireless mesh network allows the population in the remote areas along with the small businesses that operate in the rural areas to connect their networks together with affordable internet connections. The wireless mesh network helps to solve the congestion problem with traffic management solutions where data is analyzed and preventive solutions are provided for free-flowing traffic.
The study includes drivers and restraints for the wireless mesh networks market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the wireless mesh networks market on a global level.
This report offers comprehensive coverage on global wireless mesh networks market along with, market trends, drivers, and restraints of the wireless mesh networks market. The report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the wireless mesh networks market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary, and the primary research team of industry experts.
The primary factor that drives the growth of the wireless mesh network is service maintenance and cost-effectiveness of the product. This is encouraging the middle communities to adopt it. The other factors that are driving the market are the government initiatives for growing adoption of the Internet of things technology, enhanced security regulations pertaining to worker safety in the oil and gas industry, and development of smart cities in the emerging economies. The technological progress over the past few years has also fuelled the growth of the wireless mesh network market. However, the data security and privacy concerns are the main challenges which can hinder the growth of the wireless mesh network market. A wireless mesh network is exposed to some threats such as multi-hop nature, which delays the treatment and protection of the attacks, and multi-tier security system, where security is needed not only between client nodes but also between mesh routers and mesh clients.
Report Attributes | Report Details |
---|---|
Report Name | Wireless Mesh Network Market Research Report |
Market Size in 2023 | USD 8.88 Billion |
Market Forecast in 2032 | USD 18.96 Billion |
Growth Rate | CAGR of 8.92% |
Number of Pages | 201 |
Key Companies Covered | Qualcomm, Cisco Systems, Aruba Networks, ABB, Qorvo, Synapse Wireless, Wirepas, Rajant Corporation, Strix Systems, Cambium Networks, Ruckus Wireless, and Firetide. |
Segments Covered | By Mesh Design, By Radio Frequency, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The study provides a decisive view on the wireless mesh networks market by segmenting the market based on mesh design, radio frequency, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By mesh design, the market is segmented into infrastructure wireless mesh.
By radio frequency, the global wireless mesh networks market is segmented into Sub 1 GHz Band, 2.4 GHz Band, 4.9 GHz Band, and 5 GHz Band.
By application, the market is bifurcated into the oil & gas industry, video streaming and surveillance, disaster management and public safety, smart mobility, and others.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is expected to hold the largest market share in the wireless mesh network market. The adoption of the Internet of things (IoT) across various industries drives the market in this region. APAC has adopted advanced new technologies and it is a lucrative market for the wireless mesh network.
Key participants operating in the global wireless mesh networks market include
Global Wireless Mesh Networks Market: Mesh Design Segment Analysis
Global Wireless Mesh Networks Market: Radio Frequency Segment Analysis
Global Wireless Mesh Networks Market: Application Segment Analysis
Global Wireless Mesh Networks Market: Regional Segment Analysis
FrequentlyAsked Questions
Wireless mesh network is a key enabling technology for the fourth generation wireless system which provides flexible, high capacity wireless backhaul over large geographical areas.
According to study, the global Wireless Mesh Network Market size was worth around USD 8.88 billion in 2023 and is predicted to grow to around USD 18.96 billion by 2032.
The CAGR value of Wireless Mesh Network Market is expected to be around 8.92% during 2024-2032.
North America has been leading the global Wireless Mesh Network Market and is anticipated to continue on the dominant position in the years to come.
The global Wireless Mesh Network Market is led by players like Qualcomm, Cisco Systems, Aruba Networks, ABB, Qorvo, Synapse Wireless, Wirepas, Rajant Corporation, Strix Systems, Cambium Networks, Ruckus Wireless, and Firetide.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed