Wireless Mesh Network Market Introduction

A Wireless Mesh Network (WMN) is a type of wireless network that is made up of radio nodes that are interconnected to provide a reliable and scalable wireless communication network. In a WMN, each node in the network can communicate with other nodes, acting as a relay for data packets to travel through the network, resulting in the creation of a highly resilient and decentralized network.The use of WMNs is gaining popularity due to its benefits such as its ability to provide seamless wireless connectivity in a variety of environments, its cost-effectiveness, and its scalability. WMNs are being used in a variety of applications such as residential, commercial, and industrial sectors. They are used in public places such as airports, shopping malls, and coffee shops to provide Wi-Fi access to customers. They are also being used in industrial settings such as factories and warehouses for machine-to-machine communication.The global wireless mesh network market is expected to grow significantly in the coming years due to the increasing demand for wireless connectivity in various sectors, the rising adoption of smart devices, and the increasing need for efficient and cost-effective communication networks. The market is also being driven by the development of new technologies such as the Internet of Things (IoT) and the increasing adoption of cloud-based solutions. North America is expected to be the largest market for WMNs due to the presence of major technology vendors and the high adoption rate of wireless technologies in the region. However, the Asia-Pacific region is expected to witness the highest growth rate due to the increasing adoption of smart devices and the rising demand for wireless connectivity in emerging economies such as China and India.

Wireless Mesh Network Market Size

The global wireless mesh network market size was valued at USD 4.4 billion in 2020 and is expected to reach USD 9.4 billion by 2025, growing at a CAGR of 16.9% during the forecast period.The growth of the wireless mesh network market can be attributed to the increasing demand for high-speed and reliable wireless communication networks in various sectors such as residential, commercial, and industrial. Additionally, the rising adoption of smart devices and the Internet of Things (IoT) is also driving the growth of the market.In terms of geography, North America is expected to hold the largest market share due to the presence of major technology vendors and the high adoption rate of wireless technologies in the region. The Asia-Pacific region is expected to witness the highest growth rate due to the increasing adoption of smart devices and the rising demand for wireless connectivity in emerging economies such as China and India.Overall, the wireless mesh network market is expected to continue to grow in the coming years due to the increasing demand for wireless connectivity and the development of new technologies that require efficient and reliable communication networks.

Wireless Mesh Network Market Share

The global wireless mesh network market is highly competitive and is dominated by several key players. Some of the major players in the market include Cisco Systems Inc., Qualcomm Incorporated, Aruba Networks, Cambium Networks, Ltd., Synapse Wireless, Inc., Wirepas Ltd., Rajant Corporation, Ruckus Wireless Inc., Qorvo, Inc., and Strix Systems Inc.In 2020, the North American region held the largest market share in the wireless mesh network market due to the presence of major technology vendors and the high adoption rate of wireless technologies in the region. The Asia-Pacific region is expected to witness the highest growth rate due to the increasing adoption of smart devices and the rising demand for wireless connectivity in emerging economies such as China and India.In terms of application, the smart cities and municipalities segment is expected to hold the largest market share due to the increasing demand for efficient and reliable communication networks in urban areas. The industrial segment is also expected to witness significant growth due to the rising adoption of wireless communication networks in factories and warehouses for machine-to-machine communication.Overall, the wireless mesh network market is expected to continue to be dominated by a few key players, but with the increasing adoption of wireless communication technologies, new players are expected to enter the market and increase competition.

Wireless Mesh Network Market Trends

The wireless mesh network market is a rapidly evolving space, with many trends shaping its growth and development. Here are some of the key trends that are currently driving the wireless mesh network market:

1. Increasing Demand for Smart Cities: The growth of smart cities is driving demand for wireless mesh networks, as they provide a reliable, high-speed network for connecting various IoT devices and sensors.
2. Growth of Industrial IoT: The increasing adoption of industrial IoT (IIoT) is another major trend driving the wireless mesh network market, as IIoT devices require a reliable, low-latency network to communicate.
3. Growing Popularity of Cloud Computing: The growth of cloud computing is driving demand for wireless mesh networks that can support the high-bandwidth, low-latency requirements of cloud-based applications.
4. Emergence of 5G Networks: The emergence of 5G networks is driving demand for wireless mesh networks that can support the high bandwidth and low latency required for 5G applications.
5. Increasing Adoption of Wireless Sensor Networks: Wireless sensor networks (WSNs) are becoming increasingly popular in a range of industries, including agriculture, manufacturing, and logistics. WSNs require a reliable, low-latency network, which is driving demand for wireless mesh networks.
6. Advancements in Mesh Network Technology: Advances in mesh network technology, such as the use of AI and machine learning algorithms, are making wireless mesh networks more reliable, secure, and efficient.
7. Growing Importance of Network Security: As wireless mesh networks become more widely adopted, the importance of network security is increasing. This is driving demand for mesh network solutions that offer advanced security features such as encryption and intrusion detection.

Overall, the wireless mesh network market is expected to continue growing in the coming years, as more industries adopt IoT and cloud-based applications that require reliable, high-speed networks.

Wireless Mesh Network Market Driving Factors

The wireless mesh network market is being driven by a variety of factors, including:

1. The Growth of the Internet of Things (IoT): The rise of IoT devices, such as smart homes, smart cities, and connected cars, is driving the need for reliable, low-latency networks that can support large volumes of data.
2. Increasing Demand for High-Speed Internet: Consumers and businesses alike are demanding faster internet speeds, which is driving the need for more efficient wireless mesh networks that can deliver reliable high-speed connectivity.
3. Cost-Effective Networking Solutions: Wireless mesh networks offer a cost-effective alternative to traditional wired networks, as they require less infrastructure and can be deployed quickly.
4. The Emergence of 5G Networks: The rollout of 5G networks is driving the need for wireless mesh networks that can support the high bandwidth and low latency required for 5G applications.
5. Growing Popularity of Cloud Computing: The growing popularity of cloud computing is driving the need for wireless mesh networks that can support the high-bandwidth, low-latency requirements of cloud-based applications.
6. Increasing Demand for Smart City Infrastructure: The growth of smart cities is driving the need for wireless mesh networks that can support the large number of IoT devices and sensors required for smart city infrastructure.
7. Technological Advancements: Advances in wireless mesh network technology, such as the use of AI and machine learning algorithms, are making these networks more efficient, reliable, and secure.

Overall, the wireless mesh network market is being driven by the need for reliable, cost-effective, and high-speed networks that can support a wide range of IoT and cloud-based applications. As these trends continue to accelerate, the demand for wireless mesh networks is expected to grow in the coming years.

Wireless Mesh Network Market Regional Analysis

The global wireless mesh network market can be analyzed geographically into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.North America is expected to hold the largest market share due to the presence of major technology vendors and the high adoption rate of wireless technologies in the region. The increasing demand for wireless communication networks in various applications such as smart cities, transportation, and healthcare is also driving the growth of the market in this region.Europe is also expected to witness significant growth in the wireless mesh network market due to the increasing adoption of smart devices and the rising demand for wireless connectivity in the region. The government initiatives and investments in smart city projects are also expected to drive the growth of the market in this region.The Asia-Pacific region is expected to witness the highest growth rate due to the increasing adoption of smart devices and the rising demand for wireless connectivity in emerging economies such as China and India. The increasing government investments in infrastructure development and the development of smart cities are also driving the growth of the market in this region.The Middle East & Africa and Latin America regions are also expected to witness significant growth in the wireless mesh network market due to the increasing adoption of wireless communication technologies and the rising demand for efficient and reliable communication networks in various sectors.Overall, the wireless mesh network market is expected to continue to grow in all regions due to the increasing demand for wireless connectivity and the development of new technologies that require efficient and reliable communication networks.

Wireless Mesh Network Market Forecasts 2030 

The wireless mesh network market is expected to experience significant growth over the next decade, driven by the increasing adoption of IoT and cloud-based applications, the emergence of 5G networks, and the growth of smart city infrastructure. Here are some of the key forecasts for the wireless mesh network market through 2030:

1. Market Size: The wireless mesh network market is expected to grow from USD 3.9 billion in 2021 to USD 11.2 billion by 2030, at a CAGR of 11.6% during the forecast period.
2. Industrial IoT: The industrial IoT (IIoT) segment is expected to be the fastest-growing application area for wireless mesh networks, with a CAGR of over 15% through 2030. The demand for reliable, low-latency networks to support IIoT devices is driving this growth.
3. Smart Cities: The smart cities segment is also expected to experience significant growth, with a CAGR of over 14% through 2030. The growth of smart city infrastructure is driving demand for wireless mesh networks that can support the large number of IoT devices and sensors required for these applications.
4. 5G Networks: The emergence of 5G networks is expected to drive demand for wireless mesh networks that can support the high bandwidth and low latency required for 5G applications. The 5G segment is expected to grow at a CAGR of over 13% through 2030.
5. North America: North America is expected to be the largest regional market for wireless mesh networks, with a market share of over 35% by 2030. The growth of smart city infrastructure and the increasing adoption of IIoT devices are driving demand in this region.
6. Asia Pacific: The Asia Pacific region is expected to be the fastest-growing regional market, with a CAGR of over 13% through 2030. The growth of smart city infrastructure and the increasing adoption of IoT and cloud-based applications are driving demand in this region.

Overall, the wireless mesh network market is expected to experience significant growth over the next decade, driven by a range of factors including the growth of IoT, cloud-based applications, and smart city infrastructure.

Wireless Mesh Network Market Key Industry Players

The global wireless mesh network market is highly competitive and is dominated by several key players. Here are some of the major players in the market:

1. Cisco Systems Inc.
2. Qualcomm Incorporated
3. Aruba Networks
4. Cambium Networks, Ltd.
5. Synapse Wireless, Inc.
6. Wirepas Ltd.
7. Rajant Corporation
8. Ruckus Wireless Inc.
9. Qorvo, Inc.
10. Strix Systems Inc.

These players are involved in strategic initiatives such as mergers and acquisitions, partnerships, collaborations, and new product launches to strengthen their market position and expand their business. For instance, in August 2021, Cambium Networks, Ltd. announced the acquisition of Xirrus Wi-Fi and cloud services business from Riverbed Technology, Inc. to expand its wireless networking offerings. Similarly, in July 2021, Qualcomm Technologies, Inc. announced the launch of its new Wi-Fi 6E chips for mobile and fixed wireless routers, which will improve the speed and efficiency of wireless networks.Other notable players in the market include TP-Link Technologies Co., Ltd., Firetide, Inc., Fluidmesh Networks LLC, Strix Wireless Systems Pvt. Ltd., and Wirepas Oy. These players are also involved in various strategic initiatives to strengthen their market position and expand their customer base.