Wireless Mesh Networking Market worth over $8bn by 2026

Wireless Mesh Networking Market size is anticipated to surpass USD 8 billion by 2026, according to a new research report by Global Market Insights Inc.
 

The wireless mesh networking market growth is supported by increasing emphasis of enterprises to reduce the infrastructure cost of networking devices. The lack of networking cables and minimal hardware requirements makes wireless mesh networks an attractive option for delivering affordable connectivity. These network systems eliminate the issues of a single point of failure, where the failure of one node shuts down the entire system. In mesh systems, the connectivity is maintained by rerouting signals through functional nodes, bypassing the faulty node and ensuring minimal system downtimes.
 

Surging demand for managed services to ensure always-on connectivity of wireless mesh networks

The services segment held a wireless mesh networking market share of around 20% in 2019 and is set to witness a growth rate of nearly 20% over the forecast period. Enterprises are increasingly procuring wireless mesh networking services for ensuring the Quality of Service (QoS), scalable capacity, and always-on communication environments without incurring the costs of maintaining a dedicated IT team. Service providers offer the convenience of easy installation and reduced deployment costs, providing post-installation maintenance services.
 

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In the services segment, the managed services sub-segment accounted for over 20% share of the wireless mesh networking market and is set to exhibit a growth rate of over 20% from 2020 to 2026. Managed service providers are focusing on capturing a significant share of the growing market by offering innovative & affordable services such as mesh network element management, interruption prevention, and preventive maintenance.
 

Hybrid architecture is gaining market traction due to improved bandwidth capabilities

The hybrid architecture segment held over 5% market revenue share in 2019 and will grow at 20% CAGR till 2026. The increasing market share is attributed to growing popularity of hybrid wireless mesh networking protocols to improve network bandwidth and offer resilient connectivity through mesh routing. Hybrid architecture allows networks to intercommunicate irrespective of wireless technologies being used. A mesh node running on an IP-based hybrid wireless mesh networking can effectively communicate with another mesh node, operating through 802.11 local area network, which increases inter-technology integration and seamless connectivity experience.
 

Browse key industry insights spread across 255 pages with 333 market data tables and 31 figures & charts from the report, “Wireless Mesh Networking Market Size By Component (Product [Mesh Wi-Fi Appliances, Platform], Service [Network Planning & Consulting, Deployment & Provisioning,  Managed Services]), By Architecture (Client-based, Infrastructure-based, Hybrid), By Operating Frequency (Sub 1 GHz, 2.4GHz, 4.9 GHz, 5 GHz), By Application (Smart Homes, Video Streaming and VoIP, Disaster Management & Public Safety, Smart Mobility, Surveillance & Security, Smart Utilities), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/wireless-mesh-network-market
 

High network transmission speeds offered by 5GHz frequencies proliferating the wireless mesh networking market size

The 5GHz frequency segmented is poised to expand at 15% between 2020 and 2026. The 5GHz frequency is highly immune to interference from other wireless devices, leading to better internet access speeds and reducing the possibilities of network disruption. The resilience &reliability of wireless networks offered by 5GHz technologies is expected to augment their market share as these solutions ensure that the wireless system is not affected by spectrum overcrowding. Enterprises are swiftly adopting 5GHz wireless mesh networks to relieve the problems related to slow network speeds and connection drops.
 

Surging demand for mesh-based video surveillance propels the market share of the surveillance & security industry

The surveillance & security segment accounted for around 10% market in 2019. Wireless mesh networks are highly suited for wireless video surveillance as it offers multiple device connectivity through every individual mesh node. This enabled enterprises to connect several remote video cameras without hampering the performance of the network bandwidth. Wireless mesh systems offer high reliability over traditional wireless networks as each camera can act as a relay point to transmit signals, even in case of network failure.
 

Increasing adoption of IoT technologies is laying a significant impact on North America

The North America wireless mesh networking market accounted for over 35% revenue share in 2019 and is expected to exhibit a growth of over 10% through 2026 due to rising demand for wireless mesh technologies to support IoT devices. The evolving landscape of automation-based technologies across several verticals has driven the adoption of IoT in the region, creating a positive outlook for the market. The proliferation of Low Power Wide Area Networks (LP-WAN) in the U.S. will augment the market growth of the region.
 

The key players operating in the market are focusing on offering innovative solutions and improving the performance of their existing products through continuous R&D initiatives. With the rising demand for wireless mesh systems and increasing market competition, enterprises are seeking out various strategies to differentiate their product offerings from other rival organizations. For instance, in October 2019, Google launched Nest Wi-Fi, which is claimed to offer extensive wireless coverage for areas up to 3,800 square feet within an affordable price range.
 

Some of the key players operating in the wireless mesh networking market include ABB Ltd, Aruba Networks, Cambium Networks, Ltd., Cisco Systems, Inc., Concentris Systems LLC., Digi International, eero LLC., Firetide, Inc., Fluidmesh Networks, LLC., Google LLC., Hype Labs, Inc., LumenRadio AB, Mesh Dynamics, Inc., Netgear, Inc., Qorvo, Inc., Qualcomm, Inc., Rajant Corporation, Ruckus Networks (ARRIS), StrixSystems, Synapse Wireless, Inc., TP-Link Technologies Co., Ltd., and Zebra Technologies Corporation.
 

The increasing popularity of IoT & automation across various industry verticals has propelled the adoption of wireless mesh systems. The wireless mesh technologies are offering reliable communication through high bandwidth and low network interference along with significant cost reduction.