Wireless Mesh Network Market Study Landscape And Industry Innovations Encountered Huge Growth

According to a new market report published by Transparency Market Research entitled“Wireless Mesh Network Market (By Radio Frequency Band – sub 1 GHz, 2.4 GHzH, 4.9 GHz and 5 GHz; By Application – Hospitality, Government, Logistics, Mining, Education, Health Care, Others) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020 – 2027,”the globalwireless mesh network marketis expected to reach a value ofUS$ 11,622.9 Mnby2027.The market is estimated to expand at a CAGR of9.5%during the forecast period from2020to2027.

 

Wireless mesh networks are experiencing significant growth in deployments. The rising adoption of mesh networks by energy and mining industry verticals for connectivity and safety infrastructure is increasing the demand for wireless mesh networks. Reduced cost with the help of wireless connectivity is also expected to increase the popularity of wireless mesh networks during the forecast period. High bandwidth and self-management functions have increased the adoption of wireless mesh networks. Scalability of mesh networks helps in improving the efficiency of any application as the size of network could be easily adjusted according to the requirements.

 

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Replacement of old electricity and gas meters with the new connected smart meters has also increased the demand for wireless mesh networks during the recent years. In 2018, North America held the major market share in terms of revenue generated from wireless mesh networks globally, followed by Europe. However, Asia Pacific and Latin America are forecast to grow at a faster rate than these mature markets.

 

Among the wireless mesh network radio frequency bands, 2.4 GHz held the largest market share of approximately59.6%in2018,as the 2.4 GHz is an open license band which offers up to 14 channels for communication. It has comparatively more range of connectivity than the higher frequency bands. Voice, video and data connectivity applications use the 2.4 GHz frequency band for better connectivity. Also, it has high penetration capabilities for obstacles such as thick wall and ceiling. 2.4 GHz frequency band is a globally accepted band and devices operating in this frequency are readily available. In the application segment, others section accounted for a major share of revenue in2018. Mining and oil and gas industries have the highest adoption of wireless mesh network. Worker safety rules and regulations have forced enterprises to install security applications within the facilities. These security applications are using wireless mesh networks for communication and connectivity. Underground mining operations poses a great amount of risk to worker’s health, wireless mesh networks can provide reliable connectivity for continuous communication with the control center. However, the government section is expected to grow at the fastest rate due to increasing implementation in the public safety and communication infrastructure. Smart city projects are being implemented by government institutes for improving the overall operations and functions involved in the day connected environment.

 

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Wireless mesh networks can be easily established as they are self-forming networks. New nodes are automatically detected and connected by the network. In disaster struck areas quickly establishing public safety communication networks is a challenge. This challenge is solved by wireless mesh networks. Also, a specific community or local network can use wireless mesh network for internal communication and data transfer without any Internet connection.

 

Some of the key players operating in the wireless mesh network market includeRajant Corporation, Cambium Networks, SCAN RF Projects, Cisco Systems, Concentris Systems LLC, ABB (Tropos Networks Inc.), Zebra Technologies, Firetide Inc., Synapse Wireless Inc., Fluidmesh Networks LLC, Aruba Networks Inc., Qorvus Systems Inc., P2 Wireless Technologies and General Dynamics Mission Systems, Inc.

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Contact Information:

Transparency Market Research
State Tower
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

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