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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Wireless Mesh Network Market Outlook
The global wireless mesh network market attained a value of about USD 7.19 billion in 2023. The market is anticipated to grow in the forecast period of 2024-2032 at a CAGR of approximately 13.6% to reach a value of nearly USD 22.66 billion by 2032.
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Properties and Applications
A wireless mesh (WMN) network refers to a network of radio nodes arranged into a mesh topology. It is one of the types of ad hoc wireless networks. A mesh refers to the rich link between devices or nodes. Wireless mesh networks often include mesh clients, mesh routers, and gateways. Topology is more static in a wireless mesh network, allowing routes to converge, and data can be transmitted to their destinations. It is, therefore, a centralized low mobility wireless ad hoc network.
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Based on radio frequency, the market can be divided into:
- Sub 1 GHz Band
- 2.4 GHz Band
- 4.9 GHz Band
- 5 GHz Band
The market can be broadly categorised on the basis of its applications into:
- Home Networking
- Video Surveillance
- Disaster Management and Rescue Operations
- Medical Device Connectivity
- Traffic Management
Based on architecture, the market is divided into:
- Infrastructure
- Hybrid
- Client
It finds its end-uses in the following sectors:
- Education
- Government
- Healthcare
- Hospitality
- Mining
- Oil and Gas
- Transportation and Logistics
- Smart Cities and Smart Warehouses
- Others
The EMR report looks into the regional markets of wireless mesh networks like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The market is driven primarily by the growing internet and telephone connectivity due to artificial intelligence. The increasing support for intelligent street lighting infrastructure that regulates the light intensity for use is also driving the market forward. The increasing communication facilities in oil and gas, mining, and chemical sectors via wireless mesh networks are further aiding the industry growth.
The application segment of the industry is being led by the video surveillance segment and is expected to be the dominating application sector in the forecast period of 2024-2032 as well. The oil and gas segment is leading the end-use segment.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global wireless mesh network market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Cisco Systems, Inc.
- Rajant Corporation
- Concentris Systems LLC
- Hitachi Energy Ltd
- Cambium Networks, Ltd.
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Radio Frequency |
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| Breakup by Application |
|
| Breakup by Architecture |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market attained a value of approximately USD 7.19 billion.
The market is projected to grow at a CAGR of 13.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 22.66 billion by 2032.
The major drivers of the market include increasing communication facilities in oil and gas, mining, and chemical sectors, rising concerns over security threats at public and private sites, increasing number of smart city projects, and advancements in wireless communications.
The key trends of the market are the rapidly growing telephone and internet connectivity, growing usage of artificial intelligence (AI), and the increasing support for intelligent street lighting infrastructure.
The major regions in the market are North America, Latin America, Europe, Middle East and Africa, and Asia Pacific.
Based on radio frequency, the market can be divided into sub 1 GHz band, 2.4 GHz band, 4.9 GHz band, and 5 GHz band.
Home networking, video surveillance, disaster management and rescue operations, medical device connectivity, and traffic management, are the leading applications in the global wireless mesh network market.
Based on architecture, the market is divided into infrastructure, hybrid, and client.
The various end uses of wireless mesh networks in the market are education, government, healthcare, mining, oil and gas, transportation and logistics, and smart cities and smart warehouses, among others.
The major players in the market are Cisco Systems, Inc., Rajant Corporation, Concentris Systems LLC, Hitachi ABB Power Grids Ltd., and Cambium Networks, Ltd., among others.
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