Kenneth Research, in its repository of market research reports, have recently added a report on Wireless Mesh Network Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Wireless Mesh Network Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Wireless Mesh Network Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Wireless Mesh Network Market to reach USD 11.4 billion by 2025. Global Wireless Mesh Network Market valued approximately USD 3.51 billion in 2016 is forecasted to grow with a healthy growth rate of more than 13.94% over the forecast period 2018-2025. The major factors speculated to augment the markets are rising consumer adoption of mobile-connected devices and proliferation of wireless broadband & Wi-Fi usage.
Privacy concerns and data security are the chief restraining factors the growth rate of the market. Increasing needs for LTE and 3G network is the major challenge prevalent in the market. A Wireless Mesh Network is a communications network made up of radio nodes organized in a mesh topology. It is also a form of wireless ad hoc network. Wireless mesh networks mostly consist of mesh clients, mesh routers and gateways.
The Global Wireless Mesh Network Market is divided into segments of radio frequency, applications, and end-users. In the radio frequency segment, 2.4 GHz band dominated the market, and in application segment the Smart Cities and Smart Warehouses is expected to generate highest revenue of the market.
The regional analysis of Global Wireless Mesh Network Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share. Whereas, owing to countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years.
The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Radio Frequency:
*Sub 1 GHz band
*2.4 GHz band
*4.9 GHz band
*5 GHZ band
*Medical Device Connectivity
*Disaster Management & Rescue Operations
*Oil & Gas
*Smart Cities and Smart Warehouses
*Transportation & Logistics
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Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Qualcomm, Cisco Systems, ABB, Qorvo, Ruckus Wireless, Aruba Networks, Synapse Wireless, Wirepas, Rajant Corporation, Strix Systems, Cambium Networks, Firetide, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Target Audience of the Wireless Mesh Network Market Study:
*Key Consulting Companies & Advisors
*Large, medium-sized, and small enterprises
*Value-Added Resellers (VARs)
*Third-party knowledge providers
TABLE OF CONTENTS
Chapter 1. Global Wireless Mesh Network Market Definition & Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.3. Market Estimation
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global Wireless Mesh Network Market Dynamics
4.1. Growth Prospects
4.2. Industry Analysis
4.2.1. Porterâ€™s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Wireless Mesh Network Market by Radio Frequency
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Wireless Mesh Network Market, Sub Segment Analysis
5.3.1. Sub 1 GHz band
18.104.22.168. Market estimates & forecasts, 2015-2025 (USD Billion)
22.214.171.124. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2. 2.4 GHz band
126.96.36.199. Market estimates & forecasts, 2015-2025 (USD Billion)
188.8.131.52. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.3. 4.9 GHz band
184.108.40.206. Market estimates & forecasts, 2015-2025 (USD Billion)
220.127.116.11. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.4. 5 GHZ band
18.104.22.168. Market estimates & forecasts, 2015-2025 (USD Billion)
22.214.171.124. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
126.96.36.199. Market estimates & forecasts, 2015-2025 (USD Billion)
188.8.131.52. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 6. Global Wireless Mesh Network Market by Application
6.1. Market Snapshot
6.2. Market Performance – Potential Model
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