The wireless mesh network market is projected to grow steadily during the forecast period.
A wireless mesh network is a communication network made up of multiple wireless mesh nodes that communicate with one another to share the network over a vast geographical area. Except for the source node, these network technologies have a substantial advantage over standard wireless networks since wireless mesh networks do not require Ethernet cables or any other type of physical wiring. Without the requirement for network administration, the self-configuring wireless mesh network enables the spontaneous integration of new mesh nodes. The rapid adoption of Artificial Intelligence (AI) and Internet-of-Things (IoT) technologies in many industries are accounting for the growth of the wireless mesh network market during the forecast period. Furthermore, the rising utilization of mobile and handset devices, as well as a growth in appropriate smartphone technologies, will propel the industry forward. Increasing demand for smart street lighting infrastructure that adjusts the density of lights for beneficial purposes and is used for protecting the public from assassination and terrorism using video surveillance is further boosting the market growth of the wireless mesh network market.
Rising demand for intelligent transportation systems across various industry sectors such as healthcare, government, and manufacturing, which require a strong network to provide a smooth workflow, increasing adoption of smart connected devices, rising demand for bandwidth, a drop in the price of connected devices, and advancements in wireless LAN technology are all driving the Wireless Mesh Network Market forward. Wurth Elektronik has partnered with Wirepas, a leading Finnish software firm, to develop a variety of 2.4GHz wireless mesh network modules for large-scale IoT adoption in December 2020. Adoption in battlefield surveillance, the need for the best wireless mesh network and DIY wireless mesh network, growing used of established communications in the oil & gas industry, the need for interest in closed communities, growing recognition of racing-car telemetry, and use in electric smart meters, laptops, and Wi-Fi devices with data-exchange capabilities are all factors driving the market growth. Also, Netgear's new Wi-Fi Orbi Mesh Router, the RBK853, was released in India in December 2020.
These networks also have the power of self-organization and auto-configuration. a wireless mesh networks can easily expand coverage, capacity, and availability by simply deploying more WAPs without disrupting other nodes. Wireless mesh networking (WMN) is especially well suited for tracking pallets and monitoring huge physical items with a highly dependable wireless communication network due to its connectivity advantage and low cost. WMNs make it simple to track vital data throughout the factory floor and different locations, allowing you to see problems before they happen. Many vendors are flocking to offer industry-specific products as a result of this. Technology is also useful for detecting sun exposure and water levels in crops, which is becoming more automated in the agriculture sector. It can construct a cellular-connected IoT farm at a reasonable cost by scaling mesh-enabled nodes across a large area.
One of the major reasons for the growth of the wireless mesh network market is the growing application of wireless mesh networks in the healthcare industry, especially during the COVID-19 pandemic. For low-frequency applications such as asset tracking and automating certain building operations, healthcare companies can profit from wireless mesh network technologies. Asset monitoring is becoming increasingly popular in healthcare since it saves money and time by eliminating the need for physicians to look for gadgets. Also, in healthcare, Bluetooth mesh networking has the potential to save money and simplify the maintenance of automated features. Bluetooth mesh networking connects enabled devices to the network using low-power radio technologies. It generates large-scale device networks by employing a controlled flood method to message transmission that is simple, dependable, and well-suited for low-power wireless mesh networks that handle a variety of traffic. These factors are accounting for the growth of wireless mesh networks during the forecast period.
A major restraint in the growth of the wireless mesh network market is the high cost associated with the deployment of wireless mesh technology. Also, the data security issues coupled with the rising privacy concerns will limit the growth of the wireless mesh network market during the forecast period. The high cost associated with the installation of wireless mesh networks has posed a major challenge to new entrants in the market and also has limited the deployment of the wireless mesh networks in small and medium enterprises which in turn restrains the growth of the wireless mesh network market.
The COVID-19 epidemic has heightened the requirement for adaptability, which will boost connectivity in the future. The communication infrastructure and data center industries are projected to be more flexible over the lockdown period, with constant strategic investments to support rising network traffic and the use of data for remote working and work from home. During the outbreak, demand for connectivity services and related infrastructure has increased, with governments employing business analytics services to disseminate viral alerts and school closures requiring students to use interactive solutions like Google Classroom. Furthermore, telemedicine is becoming increasingly popular, which is fueling the growth of the wireless mesh network market during the course of the pandemic.
|Growth Rate||CAGR of during the forecast period|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Type, Component, Design, End-User Industry, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Motorola, Inc., Hitachi ABB, Ericsson, Cisco Systems, Strix Systems, Synapse Wireless, Broadcom, Firetide, Inc., Fluidmesh Networks LLC, MeshPlusPlus , Inc.|
|Customization scope||Free report customization with purchase|
Fluidmesh Networks LLC
MeshPlusPlus , Inc.
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