The Global Wireless Mesh Network Market was valued at USD 5.44 Billion in 2021, and it is expected to reach a value of USD 13.08 Billion by 2028, at a CAGR of 13.35 % over the forecast period (2022 - 2028).
The Global Wireless Mesh Network is driven by Artificial intelligence, which is largely driven by the expanding internet and telephone connection. The market is also being propelled ahead by growing demand for sophisticated street lighting infrastructure that modulates light intensity for use. The oil and gas, mining, and chemical sectors are all benefiting from the rising usage of wireless mesh networks. The video surveillance segment is the most popular application in the business, and it is expected to remain so in the forecast period of 2022-2027.
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Top Player's Company Profiles
- Cambium Network Ltd. (US)
- Strix Systems (India)
- Rajant Corporation (US)
- Wirepas Ltd (Finland)
- Synapse Wireless (US)
- Hewlett Packard Enterprise Development LP (US)
- Ruckus Networks (US)
- Qorvo Inc. (US)
- ABB (Switzerland)
- Cisco Systems Inc. (US)
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Global Wireless Mesh Network Market Segmental Analysis
The Global Wireless Mesh Network Market is segmented based on Component, Service, and Region. Based on the Component, the Global Wireless Mesh Network Market is segmented as Physical Appliances, Mesh Platforms, and Services. Based on the Services, the Global Wireless Mesh Network Market is segmented as Deployment and Provisioning, Network Planning, Network Security, Network Analytics, Support and Maintenance, Network Testing, Network Consulting, and Network Optimization. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Analysis by Component
Physical appliances, which include mesh routers, switches, access points, and controllers, account for a substantial portion of the industry. Mesh routers are used to replace traditional routers in mesh networks and offer a dynamic policy-based application channel between heterogeneous devices.
Some wireless mesh network vendors provide a platform and technology-based solutions for converting mesh nodes into routers and access points. Every network node serves as both a receiver and a transmitter of data. If a node fails, the connected node searches for a new node to join, lowering the likelihood of the network failing, and boosting the Wireless Mesh Network Market's development.
Analysis by Service
Deployment and Provisioning, Network Planning, Network Security, Network Analytics, Support and Maintenance, Network Testing, Network Consulting, and Network Optimization are the different segments of the market. Increasing demand for smart street lighting infrastructure that controls the density of lights for favorable services and protects civilians from terrorism and assassination with the help of video surveillance, due to an increase in the use of artificial intelligence, which boosts the market growth of the Wireless Mesh Network Market.
Global Wireless Mesh Network Key Market Trends
- Outdoor wireless access takes advantage of the rising popularity of low-cost Wi-Fi clients, opening up new service options and applications that boost user productivity and responsiveness. Customers with limited budgets and resources are likely to use wireless LAN (WLAN) solutions that take full advantage of current tools and network resources to solve simplicity of deployment, expertise, and WLAN security challenges in a cost-effective manner as demand for outside wireless access grows.
- Outdoor wireless solutions, on the other hand, are projected to face challenges in terms of environment, coverage, the total cost of ownership (TCO), and physical device security as compared to indoor wireless systems.
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