Global Wireless Mesh Network Market Size & Outlook
Global wireless mesh network market, 2018-2030 (US$M)
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Global wireless mesh network market highlights
- The global wireless mesh network market generated a revenue of USD 8,964.6 million in 2023 and is expected to reach USD 15,946.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.6% by 2030.
- In terms of segment, 2.4 ghz accounted for a revenue of USD 3,592.2 million in 2023.
- 5 GHz is the most lucrative rf segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| 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 |
Other key industry trends
- In terms of revenue, the North America accounted for 37.1% of the global wireless mesh network market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 1,035.6 million by 2030.
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Wireless Mesh Network Market Scope
Wireless Mesh Network Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global wireless mesh network market outlook
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.
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Our clientele includes a mix of wireless mesh network market companies, investment firms, advisory firms & academic institutions.
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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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Global wireless mesh network market size, by regions, 2018-2030 (US$M)
Top 10 countries: Wireless mesh network market size, 2023 (US$M)
Global wireless mesh network market share, by rf, 2023 & 2030 (%, US$M)
Wireless mesh network market: Opportunity assessment by country
Global wireless mesh network market, by region, 2023 (US$M)
| RF | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,444.0 | 2,600.9 | 2,763.4 | 2,937.8 | 3,125.1 | 3,326.2 | 3,542.2 | 3,774.3 | 4,025.1 | 4,295.6 | 4,587.8 | 4,903.5 | 5,244.9 | 6.7% |
| Europe | 1,641.9 | 1,731.1 | 1,821.9 | 1,918.3 | 2,020.6 | 2,129.0 | 2,243.9 | 2,365.5 | 2,494.4 | 2,630.9 | 2,775.4 | 2,928.3 | 3,089.9 | 5.5% |
| Asia Pacific | 1,155.3 | 1,308.8 | 1,479.4 | 1,672.7 | 1,891.8 | 2,140.4 | 2,422.8 | 2,744.0 | 3,102.2 | 3,505.7 | 3,959.9 | 4,471.2 | 5,047.3 | 13.0% |
| Latin America | 531.6 | 579.6 | 630.1 | 684.4 | 743.0 | 805.9 | 873.6 | 946.2 | 1,027.1 | 1,115.8 | 1,213.4 | 1,320.9 | 1,439.5 | 8.6% |
| MEA | 337.6 | 375.9 | 416.8 | 461.4 | 510.0 | 563.0 | 620.6 | 683.4 | 754.0 | 832.2 | 919.3 | 1,016.3 | 1,124.5 | 10.4% |
| Overall | 6,110.4 | 6,596.2 | 7,111.6 | 7,674.7 | 8,290.5 | 8,964.6 | 9,703.2 | 10,513.3 | 11,402.7 | 12,380.2 | 13,455.7 | 14,640.1 | 15,946.1 | 8.6% |
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