Wireless Mesh Network Market To Report Impressive Growth, Revenue To Surge To US$ 9.08 Billion By 2024

24-Oct-2018 | Zion Market Research

With the presence of a large pool of participants, the global wireless mesh network market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Cisco Systems, Qualcomm, Aruba Networks, Wirepas, Synapse Wireless, ABB Group, Strix Systems, Rajant Corporation, Qorvo, Cambium Networks Company, Ruckus Wireless Company, and Firetide are some of the key vendors of wireless mesh network across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the wireless mesh network market study.

Citing an instance, in October 2018, Fulham Co., Inc., a major supplier of lighting parts & electronics for commercial as well as special applications, declared the availability of innovative Bluetooth Bridge 0-10V LED controller – a first series in Bluetooth low energy component devised to link luminaries to the Bluetooth’s mesh ecosystem.

Browse the full "Wireless Mesh Network Market by Mesh Design (Infrastructure Wireless Mesh and Ad-Hoc Mesh), by Radio Frequency (Sub 1 GHz Band, 2.4 GHz Band, 4.9 GHz Band, and 5 GHz Band), for Application (Oil & Gas Industry, Video Streaming and Surveillance, Disaster Management and Public Safety, Smart Mobility, and Others) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024" report at https://www.zionmarketresearch.com/report/wireless-mesh-network-market

As estimated in this report, the global wireless mesh network market stood at US$ 3.84 billion in 2017. Witnessing a tremendous rise during the period from 2017 to 2024, the revenue in this wireless mesh network market is expected to reach US$ 9.08 billion by the end of the forecast period.

Global Wireless Mesh Networks Market

Paradigm Shift In Technology And Smart City Concept To Expand Market Scope

“Cost –efficacy and service maintenance of the product are anticipated to drive the growth of wireless mesh network market over the years to come,” says the author of this wireless mesh network market study. Apart from this, extensive requirement of bandwidth is anticipated to boost wireless mesh network market trends in the forthcoming years. In addition, favorable government initiatives for the increased adoption of the Internet of Things (IoT), development of the smart cities in the emerging economies, and the enhanced security policies applicable for the worker’s safety in the oil and gas industry are the major growth drivers for the wireless mesh network market.

Data security and privacy, however, are anticipated to obstruct the expansion of the wireless mesh network market in the forthcoming years.

Extensive Adoption Of Security Surveillance To Aid Regional Dominance

Regionally, North America has been leading the worldwide wireless mesh network market and is anticipated to continue on the dominant position in the years to come, states the wireless mesh network market study. Massive acceptance of security surveillance on higher levels and massive demand for mission-critical applications are the key factors behind the dominance of the North America wireless mesh network market. The high number of market players being headquartered in North America is another significant factor that is supporting the growth of this regional wireless mesh network market.

The global wireless mesh network market is segmented as follows:

By Mesh Design Segment

  • Infrastructure Wireless Mesh
  • Ad-Hoc Mesh

By Radio Frequency Analysis

  • Sub 1 GHz Band
  • 2.4 GHz Band
  • 4.9 GHz Band
  • 5 GHz Band

By Application

  • Oil & Gas Industry
  • Video Streaming and Surveillance
  • Disaster Management and Public Safety
  • Smart Mobility
  • Others

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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