Wireless Mesh Network Market Report 2024 (Global Edition)

Global Wireless Mesh Network Market Report 2024 Market Size Split by Component Outlook: (Physical Appliances, Mesh Platforms, Services), by Mesh Design Outlook: (Infrastructure Wireless Mesh, Ad-Hoc M...

Wireless Mesh Network Market Report Description

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Competitive Landscape of the Wireless Mesh Network Market

Important industry participants are concentrating on strategic projects to strengthen their competitive advantage and spur expansion. They are making significant investments in R&D to create and launch cutting-edge WMN solutions with enhanced scalability and performance. Expanding market reach and integrating complementary technologies are being accomplished through partnerships and cooperation with infrastructure firms and technology providers. Key firms are also concentrating on regional expansions in order to seize new growth prospects, especially in emerging markets. Additionally, they are putting a higher priority on customer-centric solutions by providing specialized services and support to satisfy a range of industrial demands.

July 2024: A Memorandum of Understanding (MOU) has been signed by Cisco, the global leader in networking and security, and HTX (Home Team Science and Technology Agency) to test 5G and AI technologies to improve Singapore's homeland security. Mr. Chan Tsan, the CEO of HTX, and Mr. Jonathan Davidson, the executive vice president and general manager of Cisco Networking, signed the memorandum of understanding during a ceremony at Cisco's global headquarters in San Jose, California. (Source: https://newsroom.cisco.com/c/r/newsroom/en/us/a/y2024/m07/cisco-and-htx-sign-mou-to-pilot-5g-and-ai-technologies-to-enhance-homeland-security.html#:~:text=Cisco%20signed%20a%20Memorandum%20of,and%20network%20operations%20in%20Singapore. ) May 2023: The two-band mesh Wi-Fi 6 system AQUILA PRO AI M30 AX3000 was introduced by Taiwanese networking equipment manufacturer D-Link Corporation. The three main issues that Wi-Fi users face are coverage, speed, and dependability. This state-of-the-art, MIT (made in Taiwan) quality-assured mesh router is designed to solve these issues. With its integrated AI algorithm, the AQUILA PRO AI M30 is poised to transform home networking. In order to increase circular coverage and remove dead zones, the AQUILA PRO AI M30 mesh Wi-Fi system employs a unique antenna array design. (Source: https://www.dlink.com/en/press-centre/press-releases/2023/may/01/aquila-pro-ai ) January 2023: With the release of Motorola home network devices on HomeDepot.com, the Motorola brand announced the growth of its online presence. Home Improvement customers in North America may now purchase Motorola-branded networking solutions straight from the company thanks to its e-commerce collaboration. The Motorola MH7603 WiFi 6 Mesh System is one of eight high-performance devices from the Motorola home network portfolio that Minim's e-commerce partnership with Home Depot will provide as the adoption of WiFi 6-enabled devices continues. (Source: https://www.globenewswire.com/news-release/2023/01/31/2598461/0/en/Motorola-Network-Portfolio-Launches-On-HomeDepot-com.html )

Top Companies Market Share in Wireless Mesh Network Industry: (In no particular order of Rank)

• Ruckus Wireless
• Aruba Networks
• Cisco Systems
• Wyld Networks
• ADRAN
• Tropos Networks
• Cambium Networks
• Firetide
• Inc.
• Qualcomm
• Rajant Corporation
• Synapse Wireless
• Strix Wireless Systems Pvt Ltd
• Others
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Regional Analysis of the Wireless Mesh Network Market

Which Region Dominates the Wireless Mesh Network Market in 2024?

According to Cognitive Market Research, North America currently dominates the Wireless Mesh Network market, and the region is expected to have significant growth during the projected period due to expanding investments in IoT technologies, the growing adoption of smart city projects, and the growing demand for dependable and fast connectivity. In addition, the presence of sophisticated infrastructure and advantageous government regulations that facilitate the installation of wireless networks contributed to the expansion of the wireless mesh network industry in North America. Additionally, the region's supremacy was aided by the presence of significant industry companies like Google, Facebook, and Microsoft, who are actively involved in the development and deployment of wireless mesh networks. All things considered, these elements worked together to give the North American region its dominance.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) driven by a number of elements, including the growing need for reliable connectivity, the development of the IoT ecosystem, and encouraging government programs. Due to their sizable populations, fast urbanization, and increasing demand for smart city initiatives, China, India, Japan, and South Korea are some of the major nations propelling the regional market expansion. Through programs like smart city projects, rural broadband initiatives, and financing programs for entrepreneurs developing wireless mesh technologies, governments in the area are also encouraging the deployment of wireless mesh networks.

The current report Scope analyzes Wireless Mesh Network Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Wireless Mesh Network

According to Cognitive Market Research, the global Wireless Mesh Network market size was estimated at USD 8515.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 3406.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Wireless Mesh Network market with a market size of USD 2687.49 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period due to rising investments in smart cities, healthcare facilities, infrastructure, and hospitality, among other areas.
• The Canada Wireless Mesh Network market had a market share of USD 408.74 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period because smart home and city initiatives are becoming more and more popular in this nation.
• The Mexico Wireless Mesh Network market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 309.96 million in 2024.

Europe Wireless Mesh Network

According to Cognitive Market Research, the global Wireless Mesh Network market size was estimated at USD 8515.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 2554.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.

• The United Kingdom Wireless Mesh Network market had a market share of USD 429.18 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period driven by the growing use of mobile devices, such as smartphones.
• The France Wireless Mesh Network market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 235.03 million in 2024.
• According to Cognitive Market Research, the German Wireless Mesh Network market size was valued at USD 505.82 million in 2024 and is projected to grow at a CAGR of 7.7% during the forecast period stimulated by the growing use of wireless mesh networking systems in business and industry.
• The Italy Wireless Mesh Network market is projected to witness growth at a CAGR of 6.9% during the forecast period, with a market size of USD 219.70 million in 2024.
• The Russia Wireless Mesh Network market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 395.97 million in 2024.
• The Spain Wireless Mesh Network market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 209.48 million in 2024
• The Luxembourg Wireless Mesh Network market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 79.19 million in 2024.
• The Portugal Wireless Mesh Network market is projected to witness growth at a CAGR of 7.3% during the forecast period, with a market size of USD 53.65 million in 2024.
• The Greece Wireless Mesh Network market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 30.66 million in 2024.
• The Rest of Europe's Wireless Mesh Network market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 395.97 million in 2024.

Asia Pacific Wireless Mesh Network

According to Cognitive Market Research, the global Wireless Mesh Network market size was estimated at USD 8515.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 1958.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Wireless Mesh Network market size was valued at USD 881.35 million in 2024 and is projected to grow at a CAGR of 10.5% during the forecast period because of increased spending in a variety of sectors, including infrastructure, hospitality, healthcare facilities, and smart cities.
• The Japan Wireless Mesh Network market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 270.28 million in 2024.
• The India Wireless Mesh Network market had a market share of USD 235.03 million in 2024 and is projected to grow at a CAGR of 12.8% during the forecast period due to the growing popularity of smart home and city initiatives in this country.
• The South Korean Wireless Mesh Network market is projected to witness growth at a CAGR of 10.1% during the forecast period, with a market size of USD 195.86 million in 2024.
• The Australian Wireless Mesh Network market is projected to witness growth at a CAGR of 10.7% during the forecast period, with a market size of USD 101.85 million in 2024.
• The South East Asia Wireless Mesh Network market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD 135.14 million in 2024.
• The Rest of Asia Pacific Wireless Mesh Network market is projected to witness growth at a CAGR of 10.8% during the forecast period, with a market size of USD 139.06 million in 2024.

South America Wireless Mesh Network

According to Cognitive Market Research, the global Wireless Mesh Network market size was estimated at USD 8515.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 425.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Wireless Mesh Network market size was valued at USD 182.23 million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period fueled by the rising popularity of mobile gadgets like smartphones.
• Argentina's Wireless Mesh Network market had a market share of USD 71.53 million in 2024 and is projected to grow at a CAGR of 9.3% during the forecast period encouraged by the expanding business and industrial use of wireless mesh networking solutions.
• Colombia Wireless Mesh Network market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 37.89 million in 2024.
• Peru Wireless Mesh Network market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 34.91 million in 2024.
• Chile Wireless Mesh Network market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 30.66 million in 2024.
• The Rest of Latin America's Wireless Mesh Network market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 68.55 million in 2024.

Middle East and Africa Wireless Mesh Network

According to Cognitive Market Research, the global Wireless Mesh Network market size was estimated at USD 8515.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 170.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031..

• The GCC Countries Wireless Mesh Network market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 72.89 million in 2024 due to higher spending in a number of areas, including as smart cities, infrastructure, hotels, and healthcare facilities.
• The Egypt Wireless Mesh Network market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 17.88 million in 2024.
• The South Africa Wireless Mesh Network market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 26.91 million in 2024 because smart home and city initiatives are becoming more and more popular in this country.
• The Turkey Wireless Mesh Network market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 14.65 million in 2024.
• The Nigeria Wireless Mesh Network market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 17.88 million in 2024.
• The Rest of the MEA Wireless Mesh Network market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 20.10 million in 2024.

Wireless Mesh Network Market Analysis

How are Segments Performing in the Global Wireless Mesh Network Market?

Wireless Mesh Network Market Component Segment Analysis

According to Cognitive Market Research, physical appliances category is likely to dominate the Wireless Mesh Network Market over the forecast period. Throughout the projection period, the physical appliances segment is anticipated to develop at a strong rate as more people become aware of its many benefits. An alternative to conventional routers, mesh routers offer a dynamic, policy-based application path across a range of heterogeneous devices in the mesh network industry.

The mesh platforms is the fastest-growing segment in the Wireless Mesh Network Market because some suppliers of wireless mesh networks provide solutions built on platforms and technologies that enable mesh nodes to be transformed into access points and routers. Every network node serves as both a sender and a recipient of the data. The linked node would, in any event, look for another node to connect to in the event that a node went down, lowering the possibility of a network failure.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Wireless Mesh Network Industry. Request a Free Sample PDF!

Wireless Mesh Network Market Mesh Design Segment Analysis

According to Cognitive Market Research, the Ad-hoc mesh segment holds the largest share of the market due to the growing need for self-organizing, adaptable networks that can adjust to shifting network conditions and offer uninterrupted connectivity. Ad-hoc meshing is an appealing choice for applications like IoT, rural broadband, and emergency response scenarios because it enables nodes to dynamically create and maintain networks without the need for a centralized infrastructure. Additionally, more effective path selection is made possible by technological developments like artificial intelligence and machine learning, which enhances the functionality of ad hoc mesh networks.

In the Wireless Mesh Network Market, the infrastructure wireless mesh has been expanding at a rapid pace propelled by the growing need for dependable, expandable, and economical communication systems in various sectors. In large-scale deployments where reliable infrastructure is essential for smooth communication, like public safety networks, smart cities, and industrial automation, this category is especially preferred. Infrastructure wireless mesh networks are in greater demand due to the growing use of IoT devices and the requirement for real-time data transmission. The performance and scalability of these networks are also being improved by developments in wireless technology, such as Wi-Fi 6 and 5G integration, which is increasing their appeal to governments and corporations.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Wireless Mesh Network Services Outlook: Segment Analysis

Wireless Mesh Network Market Services Segment Analysis

According to Cognitive Market Research, the deployment and provisioning segment holds the largest market share fueled by the growing need for a smooth and effective network configuration. Automation and configuration tool improvements that streamline deployment and minimize downtime are advantageous to this category. Strong deployment solutions are even more necessary as IoT devices and smart city projects grow in popularity since wireless mesh networks are essential for tying together a large number of devices over wide areas. Scalable provisioning systems are also a major investment for municipalities and corporations in order to facilitate network flexibility and growth.

In the Wireless Mesh Network market, the rapidly growing sector is the support and maintenance category because network dependability and performance must be maintained at all times. System upgrades, preventive maintenance, and troubleshooting are becoming more and more important as wireless mesh networks proliferate in sectors including manufacturing, healthcare, and transportation. Because of the increasing complexity of these networks and the speed at which technology is developing, comprehensive support services are required to handle problems like security patches, software updates, and performance optimization.

• Deployment and Provisioning
• Network Planning
• Network Security
• Network Analytics
• Support and Maintenance
• Network Testing
• Network Consulting
• Network Optimization

Wireless Mesh Network Radio Frequency Outlook: Segment Analysis

Wireless Mesh Network Market Radio Frequency Segment Analysis

According to Cognitive Market Research, the 2.4 GHz band segment dominates the market. The most often used frequency for wireless networks is the 2.4 GHz band because of its long range and capacity to pass around obstructions. The demand for the 2.4 GHz band segment is also driven by its ability to provide high data rate, low power connectivity that is appropriate for dependable and robust industrial and medical communication. Further propelling the market's expansion is the segment's potential for use in various IoT applications, including building, industrial, and home automation.

4.9 GHz band is projected to be the fastest-growing segment in the Wireless Mesh Network market. Public safety communications are specifically served by the 4.9 GHz section, which provides better data throughput and range. For critical infrastructure networks and emergency services that need dependable, high-capacity communication, this frequency band is essential. A specialized spectrum for these kinds of applications is offered by the 4.9 GHz band, which reduces interference and guarantees reliable network performance.

Wireless Mesh Network Market Application Segment Analysis

According to Cognitive Market Research, the smart building and home automation segment dominates the market due to the rise in smart city projects in developing nations like China, India, and Indonesia as well as the expanding use of smart devices, smart homes, and smart metering applications, especially in established nations like the US and the UK. Wireless mesh networks are crucial to the development of smart infrastructure since it necessitates state-of-the-art technology and automation for its security, safety, and smart metering applications.

Disaster management and public safety is projected to be the fastest-growing segment in the Wireless Mesh Network market because of the increasing need for reliable and efficient communication networks for disaster management and rescue efforts, especially in view of the increasing frequency of climate disasters. They are crucial for emergency and public safety applications because of their ability to maintain connectivity even under challenging circumstances. The significant revenue share of this segment emphasizes how important wireless mesh networks are to public safety and disaster management initiatives.

• Sub 1 GHz Band
• 2.4 GHz Band
• 4.9 GHz Band
• 5 GHz Band

Wireless Mesh Network Application Outlook: Segment Analysis

• Video Streaming and Surveillance
• Telecommunication
• Disaster Management and Public Safety
• Smart Mobility
• Border Security (GPS Tracking)
• Smart Manufacturing
• Smart Building and Home Automation
• Others (Environment Monitoring and Smart Grids and Meters)

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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