New York, NY, July 13, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Global Wireless Mesh Network Market by Mesh Design (Infrastructure Wireless Mesh and Ad-Hoc mesh), by Radio Frequency (Sub 1 GHz Band, 2.4 GHz Band, 4.9 GHz Band, and 5 GHz Band), for Application (Oil & Gas Industry, Video Streaming and Surveillance, Disaster Management and Public Safety, Smart Mobility, and Others) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024" . According to the report, global wireless mesh network market was valued at USD 3.84 billion in 2017 and is expected to reach around USD 9.08 billion by 2024, growing at a CAGR of around 13.1% between 2017 and 2024.
Wireless mesh network (WMN) is considered as a promising solution which offers low-cost access to broadband services. WMN is characterized by self-configuration, dynamic self-organization, and self-healing to enable flexible integration, easy maintenance, quick deployment, and low cost, which is used for improving the performance of multi-hop ad-hoc networks. The 2.4 GHz holds the maximum demand owing to its increased use for the Wi-Fi applications across the globe.
Browse through 41 Tables & 35 Figures spread over 110 Pages and in-depth TOC on "Global Wireless Mesh Network Market Size & Share 2017: Industry Type, Trends Analysis, and Forecast, 2024”.
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The primary factors that help to drive the wireless mesh network market are the cost-effectiveness and service maintenance of the product. The other factor that drives the market is the rapid demand for the bandwidth requirement. The demand for 2.4 GHz band continues to be the most profitable radio frequency band segment. Favorable government initiatives for the increased adoption of the Internet of Things (IoT), development of the smart cities in the emerging economies, and the enhanced security policies that are applicable for the worker’s safety in the oil and gas industry are the major factors driving the growth of the wireless mesh network market. However, the data security and privacy are the key factors which hinder the growth of the wireless mesh network market.
There are many players in the market who provide wireless mesh network. These players have adopted advanced technologies along with strategies like partnerships, agreements, new product launches, and business expansions to influence the demand for the wireless mesh network. The Ad-Hoc mesh design is expected to hold the largest market share in the forecasted period. It is a peer to peer network where end stations function as routing nodes. Infrastructure wireless mesh networks are also expected to hold the largest market share in the wireless mesh network market. The adoption of the infrastructure wireless mesh networks is increasing rapidly due to wireless backhaul and wide area networks among wired access points and wireless routers.
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A wireless mesh network has become an economic stimulus for the developed regions such as North America, Europe, and the Asia Pacific. However, the impact of a wireless mesh network is even more significant in developing countries where telecom services have been limited. The technically savvy investors are gaining new business opportunities as interest in the wireless mesh network has swelled. In the near future, the demand for the wireless mesh network will be massive across the globe.
North America is expected to hold the largest market share in the wireless mesh network market. Increase in the adoption of the Internet of Things (IoT) across various industries in the region is driving the growth of the market in the region. The US government has taken many initiatives by incorporating many smart solutions into industries, such as industrial automation, energy and utilities, infrastructure, public safety, and intelligent buildings.
Browse the full "Wireless Mesh Network Market by Mesh Design (Infrastructure Wireless Mesh and Ad-Hoc Mesh), by Radio Frequency (Sub 1 GHz Band, 2.4 GHz Band, 4.9 GHz Band, and 5 GHz Band), for Application (Oil & Gas Industry, Video Streaming and Surveillance, Disaster Management and Public Safety, Smart Mobility, and Others) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024" report at https://www.zionmarketresearch.com/report/wir...ork-market
Countries such as India, China, and Japan, in the Asia Pacific, are expected to register growth in the wireless mesh network market. APAC has adopted advanced technologies and has always been a profitable market for the wireless mesh network. The growth in the telecom vertical is also expected to increase the growth of the wireless mesh network market in this region. The telecom service providers in this region provide connectivity solutions that support government initiatives to develop smartly connected society. The governments in this region focus on improving communication networks and public safety. In addition, Asia Pacific countries such as India, Japan, and China have a swelling number of smart city projects which has increased the requirement for technologically advanced security systems and robust.
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Key players in air quality monitoring market include; Cisco Systems, Qualcomm, Aruba Networks, Wirepas, Synapse Wireless, ABB, Strix Systems, Rajant Corporation, Qorvo, Cambium Networks, Ruckus Wireless, and Firetide.
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The report segments wireless mesh network market into:
Wireless Mesh Networks Market: Mesh Design Segment Analysis
- Infrastructure Wireless Mesh
- Ad-Hoc Mesh
Wireless Mesh Networks Market: Radio Frequency Analysis
- Sub 1 GHz Band
- 2.4 GHz Band
- 4.9 GHz Band
- 5 GHz Band
Wireless Mesh Networks Market: Application Segment Analysis
- Oil & Gas Industry
- Video Streaming and Surveillance
- Disaster Management and Public Safety
- Smart Mobility
- Others
Wireless Mesh Networks Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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