Wireless Mesh Network Market Analysis

Wireless Mesh Network Market Analysis

The product segment dominated the market with over 80% share in 2019 and is expected to continue its dominance from 2020 to 2026. This is owing to surging adoption of wireless mesh appliances for enhancing the network bandwidth capacity, reducing the capital & resources required to deploy and maintain wireless infrastructure. Enterprises and residential consumers are reaping the benefits of wireless mesh networks with improved network coverage, reduced network lags, and amplified network bandwidth.

Organizations operating in the wireless mesh network industry are offering new & innovative products with easy setup and app-based network management features. For instance, in January 2020, Linksys launched new wireless mesh routers with Wi-Fi 6 (802.11ax) support, offering 2.4/5 GHz compatibility along with dedicated backhaul support for wireless systems. This helped the company to venture into the Wi-Fi 6 industry, strengthening its market position.

The infrastructure-based architecture segment held the largest share of around 75% of the market in 2019 due to rising popularity of infrastructure-based architecture for providing seamless peer-to-peer network access. This architecture leverages access points-based technology, which also serves as routers, reducing the need for cabling and decreasing installation costs.
 

Infrastructure-based architecture helps endpoint devices to maintain end-to-end connectivity even in case of network disconnection from one of the mesh nodes. Wireless mesh network vendors are rapidly deploying infrastructure-based architecture in their products to provide a resilient, always-on wireless network. For instance, in June 2018, TP-Link launched the AC2200 Smart Home Mesh Wi-Fi System, offering a coverage of up to 6,500 square feet through infrastructure-based architecture and speed in excess of 2 Gbps.
 

The 2.4 GHz frequency segment is set to witness growth of around 15% over the forecast timespan as wireless mesh network providers are focusing on the growing needs of better wireless network coverage over large distances and remote areas.
 

The 2.4GHz wireless mesh frequency has a better range and can penetrate solid objects easily, making it a viable solution for offices & apartments with multiple floors and several rooms. Lower costs associated with 2.4GHz access points compared to other 5GHz devices will contribute positively toward the market growth.
 

The smart home segment in the U.S. wireless mesh network market will grow at a CAGR of nearly 10% through 2026 impelled by extensive demand for wireless mesh networks for powering IoT devices and smart home appliances. Wireless mesh systems extend the network coverage in residential spaces by creating several routes for data transmission, reducing the possibilities of connectivity failures.
 

With the increasing layout complexity of residential apartments, traditional wireless networks lose a significant amount of signal intensity over thick concrete walls, high-rise apartments, and steel structures. Wireless mesh networks enable residential users to extend network coverage across their homes without the concerns of dead Wi-Fi signal zones or internet speed issues.
 

The wireless mesh network market in the MEA will witness growth of around 20% till 2026 due to rising uptake of these technologies, supporting the connectivity requirements of smart cities. In September 2019, Director of Transportation Systems, Dubai, launched the Tech Taxi initiative, which provides free Wi-Fi access to all taxi riders. The technology deploys wireless mesh networking to ensure resilient network connectivity inside the vehicles, even in remote areas such as tunnels and bridges.