Wireless Mesh Networking (Wmn) Market - Forecast (2022 - 2027)

The Wireless Mesh Networking market size was valued at $1.26 billion in 2019, and it is estimated to grow at a CAGR of 11.85% during 2022-2027. The growth is mainly attributed to the increasing uptake of wireless mesh networks on account of its reliable network capabilities including faster data transmission and easier network deployment. Additionally, the adoption of advanced technologies such as the internet of things (IoT) and 5G is set to drive the market growth.

Report Coverage

The report: “Wireless Mesh Networking Market Forecast (2022-2027)” covers an in-depth analysis of the following segments of the Wireless Mesh Networking Market.

• By Service: Deployment and Provisioning, Network Planning, Network Security
• By Radio Frequency: Sub 1 GHz Band, 2.4 GHz Band, 4.9 GHz Band, 5 GHz Band
• By Component: Physical Appliances, Mesh Platforms, Services
• By Mesh Design: Infrastructure WirelessMesh, Ad-Hoc Mesh
• By End User Type: Education, Government, Healthcare, Hospitality and Others
• By Geography: North America (the U.S., Canada and Mexico); South America (Brazil, Argentina, Rest of Americas); Europe (U.K., Germany, Italy, France, Rest of Europe); APAC (China, Japan, South Korea, India, Rest of APAC); RoW (the Middle East & Africa)

Key Takeaways

• North America dominated the Wireless Mesh Networking market in term of revenue in 2019 owing to the presence of a major number of players.
• Adoption of advanced technologies such as IoT, automation technologies in industries is poised to propel the market growth.
• Increasing adoption of Wireless Mesh Networking in data centers with a growing trend of 5G technology is set to drive the market.
• Low capacity and high maintenance is the major challenge that hampers the market growth.

Mesh Design - Segment Analysis

Infrastructure Design held the major share of 68.15% in 2019 due to the increasing popularity of infrastructure based architecture for providing seamless peer to peer network access. This architecture helps industries in accessing point based technology which serves as routers, reducing the need for cabling and decreasing installation costs. It helps endpoint devices to maintain end-to-end connectivity even in case of network disconnection from one of the mesh nodes. This set to drive the market growth.

Industry Vertical - Segment Analysis

Healthcare is the fastest growing segment in the Wireless Mesh Networking market and estimated to grow at a CAGR of 12.29% during the forecast period 2022-2027. Healthcare organizations can benefit from wireless mesh network technology for low frequency for applications such as asset tracking and automating certain building functions. Asset tracking has become more prominent in healthcare because it saves organizations money and also also helps save time because clinicians don’t need to locate devices.

Geography- Segment Analysis

North America dominated the Wireless Mesh Networking market in 2019 with a market share of 35.12%, followed by Europe and APAC owing to the presence of a large number of players. In addition to these, the early adoption of advanced technologies in industries which drives the market growth. The growth can be attributed to increased demand for high range and low power consuming wide area networks is set to push the market growth. Increasing adoption of wireless mesh networking for various applications such as home networking, video surveillance and medical device connectivity applications is set to drive the market growth.

Drivers -Wireless Mesh Networking Market

Adoption of advanced technologies

With the increasing adoption of advanced technologies such as IoT is set to drive the market growth. A Mesh network is a way in which the infrastructure nodes are connected. These nodes connect to multiple other nodes and communicate with each other to transfer data. Mesh networks for IoT devices have some very significant benefits such as self-healing, self-configuring, scalability and reliability and cost reduction. In IoT applications, it will be useful to have a wireless transmission technology appropriate not only for connecting a vast number of simple, cheap devices, but also for interconnecting them. This is poised to drive the wireless mesh networking market.

Growing demand for 5G

Increasing investments for 5G network communication have created a demand for the wireless mesh network. For instance, in 2019, in India many telecom companies such as Airtel, Reliance Jio, and Vodafone Idea had planned to invest $30.5 billion to rollout 5G services. Increasing demand wireless networks is poised to boost the demand for wireless mesh networks market.

Challenges - Wireless Mesh Networking Market

Low Capacity and High Maintenance

Low capacity and high maintenance are the major challenges that hamper the market growth. A Mesh network is the most effective when it’s used to send small packages of information. Increased workload for each node in a mesh makes the system more complex. Increasing the range of the system can add a variety of unwanted complications due to the increased in the data load which set to restrict the market growth.

Market Landscape

Technology launches, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in the Wireless Mesh Networking market. Wireless Mesh Networking top 10 companies include Aruba Networks, BelAir Networks Inc, Cisco Systems Inc, Firetide Inc, Rajant Corporation, Ruckus Wireless Inc, Stix Wireless Systems Pvt Ltd, Synapse Wireless Inc, Tropos Networks (ABB Group), Zebra Technologies Corporation and others.

Acquisitions/Technology Launches

• In April 2020, Cisco has planned to acquire Fluidmesh Networks in order to strengthen its wireless solutions for the industrial internet of things (IIoT). This increases the Company’s wireless mesh networking market share.
• In February 2019, Amazon had acquired Wi-Fi mesh network startup Eero in order to strengthen its wireless mesh networking portfolio and this set to push the Company’s market share.

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