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Wireless Mesh Network Market Analysis, Growth Drivers, Key Findings and Trends by Forecast to 2030

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Wireless Mesh Network Market Analysis, Growth Drivers, Key Findings and Trends by Forecast to 2030

Overview

The global wireless mesh network market size is expected to reach USD 14.16 Billion by the end of the year 2030, growing at a compound annual growth rate of 9.11%. The need for a stable and consistent network is expected to support the market growth along with the growing demand for intelligent transport systems. As predicted by analysts, security issues will negatively affect the market’s performance from 2019 to 2025. During the forecast period, the market will be supported by the rising adoption of smart connected devices and the growing demand in bandwidth requirements.

Data security issues along with privacy concerns on the other hand will challenge networking sector based organizations functioning in the global wireless mesh network market. Analysts have split the market into application, component, end-user, mesh design, and radiofrequency segments based on products and services. Networking based companies have been profiled. The high cost of the wireless mesh network is set to affect the global market during the forecast period 2019 to 2025. The report also provides the market’s performance forecasts till 2025. Strategies of networking based companies are studied. The networking sector itself is supported by the fall in the price of connected devices as well as advances in telecommunication technology. During the forecast period 2019 to 2025, the wireless mesh network market is set to witness a health growth across application, component, end-user, mesh design, and radiofrequency segments as well as regional markets.

Wireless Mesh Network Market Key Players:

Veniam (US), Filament (US), Fluidmesh Networks LLC (US), Firetide Inc. (US), Cambium Network Ltd. (US), Strix Systems (India), Rajant Corporation (US), Wirepas Ltd (Finland), Synapse Wireless (US), Hewlett Packard Enterprise Development LP (US), Ruckus Networks (US), Qorvo Inc. (US), ABB (Switzerland), Cisco Systems Inc. (US), Qualcomm Technologies Inc. (US)

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Market Segmentation

The networking sector has seen growth across application, component, end-user, mesh design, and radiofrequency segments owing to use of high-speed video apps on public transport facilities and the increasing adoption in battlefield surveillance. To study the market, analysts have further segmented application, component, and end-user, mesh design, and radiofrequency into physical appliances, services, and mesh platforms on the basis of component. The market is further segmented into radio frequency sub segment which is split into 2.4 GHz band, 4.9 GHz band, 5 GHz band, and Sub 1 GHz band. Additionally, the wireless mesh network market on the basis of mesh design is segmented into wireless infrastructure mesh and AD-HOC mesh. The market is further segmented into the application sub segment which is split into border security (GPS tracking), disaster management and public safety, smart building and home automation, smart manufacturing, smart mobility, telecommunication, video streaming and surveillance, and others. Additionally, the wireless mesh network market on the basis of end-user is segmented into education, government (public safety), healthcare, hospitality, mining, smart cities and smart warehouse, transportation and logistics, oil and gas, and others.

The segmental analysis presented in the report provides networking field based organizations insights into key growth factors such as the growing recognition of racing-car telemetry as well as challenges such as the lack of R&D investments the market will face from 2019 to 2025. The need for interest in closed communities and the rising adoption of the Internet of Things are some of the key factors having an influence on networking industry based companies, suggest analysts as per the wireless mesh network market report. But the report also identifies the lack of developed infrastructure and growing concerns regarding high cost as major threats companies in networking will face till 2025.

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Regional Overview

Networking market based companies in the wireless mesh network market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. The growing adoption of the internet of things (IoT) technology will be a key growth driver for regional markets. However, the lack of demand

from developing countries will turn out to be a threat. For the forecast period 2019 to 2025. Each of these regional markets are studied in the report. Starting from North America, the regional market and networking vertical based companies are spread across the United States, Mexico, and Canada.

The high cost of product and maintenance will turn out to be a major challenge from 2019 to 2025. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by the increasing preference of consumers as well as a rise in the disposable income, suggests the report. Similarly, the networking sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the wireless mesh network market covers the Middle East and Africa. The wireless mesh network market forecast based on the findings are presented for the forecast period till 2025.

 

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