Wireless Mesh Network is anticipated to experience a CAGR of ~11% over 2019-2028. The market is augmented by the factors wherein there was increased usage of the Internet-of-Things and the artificial intelligence technologies in various industries. The surge in the use of technologies compatible with handsets and is anticipated to propel the growth. The rise in adoption of for 3G, 4G and LTE technologies would propel the industry.
Top Driver: Rise in usage of Artificial Intelligence and Internet-of-Things
The use of the connectivity has been increased drastically with the advancement of the technology. The advancement has been made such that the technology has been developed into wireless mess network and hence has gained popularity globally. Due to globalization the need for outreach of this wireless mess network has surged. The rise in the need for automaton has led to the increase in the development of artificial intelligence. The communication of big data is the need of the hour and hence is anticipated to propel the market of wireless mesh network.
Disaster Management and Public Safety to contribute growth in Wireless Mesh Network Market
Among application segments of the global Wireless Mesh Network market, disaster management and public safety is expected to show significant growth in coming years. The steep rise in the number of climatic disasters caused due to the increase in global warming is anticipated to help the market flourish. The demand for the rescue operations is boosting and can be managed using the wireless mesh network. The network is also used by the military troops in order to improvise the communication between the team mates.
Additionally, the Video Surveillance is one of the segments which is expected to rise and has second largest share due to the need for security which would propel the industry in the near future.
Rising Demand for better connectivity to Benefit North America Market
North American countries such as the US are predicted to maximize their spending on Artificial Intelligence and also in cognitive intelligence technologies in the near future. The surge in the demand for the higher-range and low-power consuming area networks, which is offered by the wireless mesh network would help the industry to flourish. The development of newer technologies have been emerged in the US and Canada region due to higher investment over the Research and Development activities.
The increase in the number of COVID-19 patients has stipulated the need for lockout. The use of video conferencing for communication and to access information from the various sites has increased in this situation and hence is expected to flourish the wireless mesh network in the current scenario.
Players to Focus on Expanding Applications using Wireless Mesh Network
The key players include Qorvo, Cisco Systems, Aruba Networks, ABB, Synapse Wireless, Wirepas, Qualcomm, Strix Systems, Cambium Networks, Ruckus Wireless, Rajant Corporatio, and Firetide. The various strategies to gain maximum attention of the civil population would help the market grow.
Cisco Systems: Cisco Systems develops, manufactures and sells networking hardware, software, telecommunications equipment and other high-technology services and products. The advancement brought by the Cisco Systems includes a point-to-point bridging scenario. The 1500 Series Mesh AP can be used to extend a remote network by using the backhaul radio to bridge two segments of a switched network. This has only one MAP and no WLAN clients. Just as in point-to-multipoint networks, client access can still be provided with Ethernet bridging enabled, although if bridging between buildings, MAP coverage from a high rooftop might not be suitable for client access.
Ruckus Wireless: Ruckus Wireless Mesh Network is popular in the global market. In 2016, it announced a new, entry-level 802.11ac access point along with the growth and improvement of its family of Ruckus Unleashed access points. The new products and capabilities make it even easier for small businesses to position higher-performance Wi-Fi that meets their cost, ease-of-deployment and coverage needs.
Qualcomm: Qualcomm Incorporated, through its subsidiary, Qualcomm Technologies, Inc., announced the Qualcomm Mesh Networking Platform, which posed a unique combination of technologies upon which original equipment manufacturers (OEM) and broadband carriers can deliver next-generation connected home experiences.
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