Market revenue in 2023 | USD 8,964.6 million |
Market revenue in 2030 | USD 15,946.0 million |
Growth rate | 8.6% (CAGR from 2023 to 2030) |
Largest segment | 2.4 ghz |
Fastest growing segment | 5 GHz |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Sub 1GHz, 2.4 GHz, 4.9 GHz, 5 GHz |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wireless mesh network market will help companies and investors design strategic landscapes.
2.4 ghz was the largest segment with a revenue share of 40.07% in 2023. Horizon Databook has segmented the Global wireless mesh network market based on sub 1ghz, 2.4 ghz, 4.9 ghz, 5 ghz covering the revenue growth of each sub-segment from 2018 to 2030.
Within a local coverage area, such as buildings, residences, and factories, wireless local area network (WLAN) technology is frequently employed. WLAN is frequently used to offer wireless communication networks like ZigBee or Wi-Fi, however the intrusion and constrained coverage can create a blockage for industrial IoT applications, and users cannot endure.
In challenging IoT environments, Smart Mesh networking technologies use integrated mesh networking software to deliver dependable wireless connectivity from sensors to the cloud augmenting the market growth. Users can increase the deployment size with up to hundreds of self-forming multi-hop nodes using a mesh network that is enabled.
The rise of wireless mesh networks is also being aided by the petrochemical industry. Petrochemical facilities could employ a mesh network topology, a robust architecture made up of nodes that enables a variety of devices to wirelessly connect. Each node is capable of transferring data across the network until it reaches its intended destination.
Horizon Databook provides a detailed overview of global-level data and insights on the Global wireless mesh network market , including forecasts for subscribers. This global databook contains high-level insights into Global wireless mesh network market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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