PUBLISHER: SkyQuest | PRODUCT CODE: 1127121
PUBLISHER: SkyQuest | PRODUCT CODE: 1127121
The Global Wireless Mesh Network Market was valued at USD 5.44 Billion in 2021, and it is expected to reach a value of USD 13.08 Billion by 2028, at a CAGR of 13.35 % over the forecast period (2022 - 2028).
The Wireless Mesh Network is powered by artificial intelligence, which is fueled in large part by the expanding internet and telephone connections. Growing demand for sophisticated street lighting infrastructure that modulates light intensity for use is also propelling the market forward. The growing use of wireless mesh networks benefits the oil and gas, mining, and chemical industries. The video surveillance segment is the most popular in the industry, and it is expected to remain so throughout the forecast period.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Wireless Mesh Network Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
The Global Wireless Mesh Network Market is segmented based on Component, Service, and Region. Based on the Component, the Global Wireless Mesh Network Market is segmented as Physical Appliances, Mesh Platforms, and Services. Based on the Services, the Global Wireless Mesh Network Market is segmented as Deployment and Provisioning, Network Planning, Network Security, Network Analytics, Support and Maintenance, Network Testing, Network Consulting, and Network Optimization. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
The need for a stable internet connection in the office may help to propel market growth forward during the forecast period. As a result, the wireless mesh network transfers data in the most efficient and time-efficient manner feasible, improving the overall efficiency of the network's interaction.
Market growth may be limited throughout the forecast period due to data security concerns, which are exacerbated by concerns about personal data privacy. Exorbitant costs of a wireless mesh network may prove to be a significant barrier to entry for new competitors.
Outdoor wireless access capitalizes on the growing popularity of low-cost Wi-Fi clients, enabling new service options and applications that increase user productivity and responsiveness. Customers with limited budgets and resources are more likely to use wireless LAN (WLAN) solutions that fully utilise current tools and network resources to solve deployment simplicity, expertise, and WLAN security challenges in a cost-effective manner as demand for outside wireless access grows.