May 28, 2020
According to the research report titled ‘Wireless Mesh Network Market Size By Component, By Architecture, By Operating Frequency, By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report LLC, global wireless mesh network is expected to register significant growth by the year 2026.
Wireless mesh network is a communication network which is developed using nodes. These nodes can be gateways, mesh clients or mesh routers. Inclination towards using wireless mesh network owing to better reliability and redundancy is a major factor driving the market growth.
As per service type, network planning & consulting segment held 45% market share in 2019 and is expected to record substantial growth during the forecast period. Increasing utilization of mesh network integration & installation services by various enterprises is fueling the segmental growth. The service allows organizations to include external areas using wireless LAN and offers resilient and self-healing solutions to critical operations. They opt for full Wi-Fi mesh network as it provides with superior redundancy as well as better fault tolerance.
In terms of operating frequency, sub 1 GHz wireless mesh network market segment is anticipated to expand with a CAGR of 20% through 2026. The frequency not only lowers power consumption but also offers long-range wireless connectivity. Network with sub 1GHz frequency also comprises of multi-hop communication system which helps in extending network coverage. It is extensively deployed for building automation and factory automation control.
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Based on the application landscape, disaster management & public safety segment accounted for 10% market share in 2019 and is poised to acquire commendable revenues in the forthcoming years. Wireless mesh network is not only resilient to failures during post-disaster situations, but also enables information sharing across the wireless networks when internet services are unavailable. Moreover, rising integration of broadband wireless mesh networks is allowing emergency medical technicians, police offers, public safety works, and firefighters to unveil the potential of new applications.
From a geographical point of view, Europe wireless mesh network market contributed 30% of total share in 2019 and is slated to witness robust growth in the forthcoming years. Rising adoption of handheld and mobile devices in tandem with growing usage of wireless devices are promoting the business outlook in the region.
The prominent companies operating in global wireless mesh network industry are Zebra Technologies Corp., TP-Link Technologies Co. Ltd., Synapse Wireless Inc., Ruckus Networks (ARRIS), Rajant Corp., Qualcomm Inc., Qorvo Inc., Netgear Inc., Mesh Dynamics Inc., LumenRadio AB, Hype Labs Inc., Google LLC, Fluidmesh Networks LLC, Firetide Inc., eero LLC, Digi International, Concentris Systems LLC, Cisco Systems Inc., Cambium Networks Ltd., Aruba Networks and ABB Ltd. among others.