What is the global market size of Wireless Mesh Network Market?

Global Wireless Mesh Network Market size was valued at USD 7.63 billion in 2021 and is poised to grow from USD 8.29 billion in 2022 to USD 15.95 billion by 2030, growing at a CAGR of 8.6% in the forecast period (2023-2030).

Global Wireless Mesh Network Market Size, Share, Growth Analysis, By Component(Physical Appliances, Mesh Platforms), By Service(Deployment, Provisioning) - Industry Forecast 2024-2031

Report ID: SQMIG45H2051 | Region: Global | Published Date: April, 2024
Pages: 157 | Tables: 70 | Figures: 75

Global Wireless Mesh Network Market Insights

Global Wireless Mesh Network Market size was valued at USD 7.63 billion in 2019 and is poised to grow from USD 8.29 billion in 2023 to USD 15.95 billion by 2031, growing at a CAGR of 8.6% in the forecast period (2024-2031).

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.

US Wireless Mesh Network Market is poised to grow at a sustainable CAGR for the next forcast year.

Global Wireless Mesh Network Market Report Snapshots

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The Global Wireless Mesh Network market is highly fragmented, despite the presence of numerous large industry participants. These industry leaders are always producing new and innovative products to fulfill their clients' ever-increasing expectations. In order to improve their market position and recruit new clients, they are also expanding their client base by entering new regions, notably in emerging nations. 'Firetide Inc', 'Cisco Systems', 'Aruba Networks', 'Ruckus Wireless', 'Strix Systems', 'Cambium Networks', 'Rajant Corporation', 'Tropos Networks', 'Synapse Wireless', 'Netgear', 'BelAir Networks', 'Qorvus Systems', 'Fluidmesh Networks', 'Concentris Systems', 'ABB', 'Motorola Solutions', 'Hewlett-Packard (HP)', 'Nokia Corporation', 'Qualcomm Technologies, Inc.', 'Aerohive Networks'

The requirement for a stable connection in the office may aid to propel market expansion forward during the forecast period. As a result, the wireless mesh network transfers data in the most efficient and time-efficient manner feasible, improving the overall efficiency of the network's interaction.

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.

The global wireless mesh network market is segmented by region and examines development opportunities and current trends in Europe, North America, Asia Pacific (APAC), South America, and the Middle East and Africa (MEA). The early adoption of new advanced technologies, the desire for the finest wireless mesh local network, and the advent of new breakthroughs such as cloud networking, virtualization, network analytics, IoT, and SaaS enable consumers and companies to embrace this connection to produce premium and durable connectivity, and the presence of well-established and viable financial systems that assist them are among the elements that led to this expansion.

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Global Wireless Mesh Network Market Size, Share, Growth Analysis, By Component(Physical Appliances, Mesh Platforms), By Service(Deployment, Provisioning) - Industry Forecast 2024-2031

Global Wireless Mesh Network Market Insights

Global Wireless Mesh Network Market Report Snapshots

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