Wireless mesh network market 2019- 2022
is defined as the collective market of physical appliances, mesh platform, and services which enable an enterprise to deploy a self-healing and self-organizing network which has distributed network control. The devices in the network are connected with many redundant connections between nodes, and provide a constant and reliable networking to the devices.
Wireless Mesh Network Market expected to grow from $3.89 billion in 2017 to $7.44 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period. The major forces that are expected to drive the growth of the wireless mesh network market include rapid demand in bandwidth requirement, growing adoption of smart connected devices, and need for consistent and stable network.
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Physical appliances is one of the main components of the wireless mesh network market. It is a key revenue generator for all the operators, averaging more than one half of the total revenue. Physical appliances consists of mesh routers, switches, access points, and controllers. Mesh routers is a replacement of traditional routers and it provides dynamic, policy-based application path across various heterogeneous devices in the mesh networks. Mesh routers are the technology upgraded routers which help optimize home Wi-Fi by using the mesh network methodology. Mesh router seamlessly routes internet traffic between a connected modem and Wi-Fi-enabled devices such as smartphones, tablets, laptop, and wearable gadgets.
The ad-hoc mesh network segment is expected to grow at the highest CAGR during the forecast period
The ad-hoc mesh network design is a peer-to-peer network where end stations function as routing nodes. This network is created as per the need without requirement of a prior complex network design and planning. In ad-hoc network design when access points come in a range, they automatically identify themselves and set up links to each other to form a network. Each access point in the network is in communication with various access points and could route traffic between any different access points on the network.
The sub1 GHz band segment is expected to be the fastest-growing radio frequency in the wireless mesh network market during the forecast period
This spectrum band is particularly used for low power radio frequency Internet of Things (IoT) application. The sub 1 GHz band has a long range mode that has coverage of more than 100 km for IoT application. Moreover, the IoT devices which are operating on this band are able to handle interferences better, attributed to the fact that they are operating on a lower frequency with fewer application using that spectrum.
APAC constitutes of growing economies such as Japan, China, India, Singapore, and Australia which are expected to register high growth in the wireless mesh network market. APAC has witnessed advanced and dynamic adoption of new technologies and has always been a lucrative market for the wireless mesh network. The growth of telecom sector in this region is also expected to fuel the growth of wireless mesh network market. The telecom service providers in this region offer connectivity solutions to this initiative of government bodies, helping to drive the smart connected society.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=88410602