The global wireless mesh network (WMN) market is expected to
reach USD 11.13 billion by 2025, according to a new report by Grand View
Research, Inc. The increasing adoption of the wireless communication medium and
the usage of artificial intelligence and IoT has been a major factor driving
the global market growth. In addition, the growing opportunities in oil &
gas industries and the development of smart cities and infrastructure have led
to the increased adoption of WMN.
The wireless mesh network enables
citywide public Wi-Fi that in turn improves the delivery of urban services. It
is forecasted that wireless devices would account for two-thirds of the IP
traffic and almost all households would have broadband services. In cities, WMN
could solve the congestion problem with traffic management solutions where
traffic data is analyzed and pre-emptive solutions are provided for
free-flowing traffic.
The oil & gas segment would
be the fastest-growing segment of end-use applications over the forecast
period. The education segment would be the lowest-developing segment in
wireless mesh network market over the forecast period at a CAGR of 7.2%.
The video surveillance segment is
expected to observe the fastest growth over the next eight years with an
estimated CAGR of around 10.1%. Wireless mesh network improves coverage,
structural flexibility, and multi-hop high-speed short distance transmission
capability of video surveillance systems.In addition, it is estimated that the
Asia Pacific region will witness an increasing usage of wireless mesh network.
U.S. Wireless Mesh Network market, by radio frequency,
2016 (%)
Browse full research report on Wireless Mesh Network (WMN) Market: http://www.grandviewresearch.com/industry-analysis/wireless-mesh-network-wmn-market
Further key findings from
the report suggest:
- The global
demand for WMN exceeded USD 5,281.6 million in 2016 and the market is
expected to grow at a CAGR of 8.8% over the forecast period.
- The 2.4 GHz
band segment dominated the market in 2016 and is estimated to generate
revenue over USD 4.44 billion by 2025.
- The disaster
management and rescue operations segment was valued at USD 1,372.9 million
in 2016 and is anticipated to witness high growth over the next eight
years.
- The smart
cities & smart warehouses segment market in WMN was USD 1,087.3
million in 2016 and is estimated to reach USD 2,561.6 million by 2025.
- The Asia
Pacific regional market is projected to witness substantial growth over
the next eight years owing to the increasing number of smart city
projects. The regional market and is expected to attain USD 2,907.1
million by 2025, growing at a CAGR of 7.1%.
- Key players
including Cisco Systems, Inc., Aruba Networks Inc., Ruckus Wireless, Inc.,
and Firetide, Inc. dominated the global WMN market in 2016.
Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/global-wireless-mesh-network-wmn-market
About Grand View Research,
Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com

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