Wireless Mesh Networks Market Status, Growth Opportunity, Size, Trends, Key Industry Outlook - 2032

 The global wireless mesh networks market was valued at $5.2 billion in 2021, and is projected to reach $12.8 billion by 2031, growing at a CAGR of 9.8% from 2022 to 2031. The growing trend of work-from-home and remote working policies, surge in need to increase efficiency of companies, the rise in demand for better business communication among large organizations, the growing scale of operations of large enterprises, and the increasing industry 4.0 trends in business organizations drive the growth of the global wireless mesh networks market. However, higher installation costs and maintenance challenges of wireless mesh network platforms are likely to hinder the global market growth. On the other hand, the development of advanced communication technologies, such as 5G communication networks and Wi-Fi 6 technology will present new growth opportunities for the global market in the coming years.

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A wireless mesh network is a network topology in which devices are connected with many redundant interconnections between network nodes. A mesh topology is often used in conjunction with other topologies, such as star, ring, bus, and others to form a hybrid network arrangement. Furthermore, key factors that drive the growth of the wireless mesh networks market include, the growing demand for work-from-home and remote working policies during the period of the COVID-19 pandemic, which aided in propelling the demand for reliable communication networks. However, higher installation costs and maintenance challenges of wireless mesh network platforms are expected to hamper the wireless mesh networks market during the forecast period. On the contrary, development of advanced communication technologies such as 5G communication networks and Wi-Fi 6 technology is expected to offer remunerative opportunities for expansion of the wireless mesh networks industry during the forecast period.

Key Market Players:

• Aruba Networks
• ABB Ltd.
• Qualcomm Incorporated
• Cisco Systems, Inc.
• Qorvo, Inc.
• Synapse Wireless
• Wirepas Ltd.
• Rajant Corporation
• Cambium Networks
• Sitrix Systems

The report analyzes these key players of the global wireless mesh networks market. These players have adopted various strategies such as expansion, new product launches, partnerships and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

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On the basis of enterprise size, the large enterprise segment dominated the overall wireless mesh networks market in 2021 and is expected to continue this trend during the forecast period. This is attributed to the complex communication demands for custom networking solutions from various large corporations. However, the SMEs segment is expected to witness the highest growth owing to their growing technological investments and growing innovation, which is expected to further fuel the growth of the global wireless mesh networks market.

Regional Analysis:

Based on region, the market in Asia-Pacific was the largest in 2021, accounting for nearly half of the global wireless mesh networks market, and is likely to maintain its dominance during the forecast timeframe. This is owing to the high concentration of specialized network equipment manufacturers in the region. However, the LAMEA segment would show the fastest CAGR of 10.83% during the forecast period, due to the ongoing digital transformation of the region.

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Based on type, the infrastructure wireless mesh segment held the largest share of more than half of the global wireless mesh networks market in 2021, owing to the higher degree of security offered by infrastructure mesh networking solutions. However, the ad-hoc mesh segment is expected to maintain a prominent growth and exhibit the highest CAGR of 11.6% during the forecast period, owing to the mobility and customization offered by ad-hoc mesh solutions.