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Prominent vendors operating in the market focus on strategic mergers, acquisitions, and partnerships to maintain a competitive edge and create new market avenues for profitability. For instance, in April 2019, Amazon acquired Eero, a mesh wireless router manufacturer for USD 97 million. The acquisition helped the company to leverage Eero’s domain expertise and strong market presence in the wireless mesh hardware segment for increasing its client base and expanding into new markets.
New entrants in the market are focusing on R&D and new product developments to register significant business growth. For instance, in October 2019, Cambium Networks launched the C4000 cnMaestro management appliance, helping the company to cater to the growing demand for affordable wireless mesh access point hardware.
Some of the key industry players include