The wireless mesh network market is anticipated to reach around $119.2 billion by 2026 according to a new research published by Report Ocean Market Research. In 2017, the smart cities and warehouses segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global wireless mesh network market revenue during the forecast period.
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The growing need for efficient and stable network performance, along with the ability of wireless mesh network to flexibly expand and increase performance has boosted growth of the wireless mesh network market. Furthermore, the rising penetration of mobile devices, and rising adoption of mobile-connected devices further support the growth of this market. Additionally, the increasing demand of wireless mesh network from small and medium enterprises has supported market growth over the years. Increasing investments by vendors in technological advancements, growing demand for wireless broadband services, and declining costs of connected devices would accelerate the growth wireless mesh network market during the forecast period. However, data privacy and security concerns are expected to hinder market growth. Growing demand from emerging economies, increasing adoption of IoT and smart grid applications are expected to provide numerous growth opportunities in the coming years.
Wireless mesh networks are increasingly being used for environmental monitoring and precision agriculture. The farming industry is using automation and technology to increase profitability and reduce operating costs and the use of sensors in fields, tractors and vineyards for monitoring and management of farm operations has resulted in increased crop production and less resource wastage has also supported the wireless mesh network market growth in the recent past.
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Low frequency wireless mesh networks using sensor networks are deployed for environmental conditional monitoring, whereas high frequency wireless mesh networks are being used for tractor automation and precision agriculture and has increased the demand for wireless mesh network.
North America generated the highest revenue in the market in 2017, and is expected to lead the global wireless mesh network market throughout the forecast period. The presence of established telecom and cloud infrastructure in this region, and growing trend of IoT drive the wireless mesh network market growth in the North America. The growing demand of mobile devices, and technological advancements further support market growth in the region. The use of smart technologies in energy and utilities, industrial automation, and intelligent buildings is expected to support market growth in this region during the forecast period.
The major players operating in wireless mesh network market include Ruckus Wireless, Cisco Systems, Aruba Networks, Tropos Networks, Strix Wireless Systems Pvt Ltd, Firetide, Inc., Cambium Networks, Qualcomm, Rajant Corporation, Synapse Wireless. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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Table of Content
Chapter 1: Global Wireless Mesh Network Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Wireless Mesh Network market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Wireless Mesh Network Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Wireless Mesh Network market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Wireless Mesh Network market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Wireless Mesh Network market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Wireless Mesh Network market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Wireless Mesh Network business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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