Global Wireless Mesh Networking (Wmn) Market Expected To Reach $ 8.34 Billion By 2021 With A CAGR Of 9.5%

Date: 2017-08-21

Wireless mesh networks have emerged as a key technology for next generation wireless networks, showing rapid progress and inspiring numerous applications. This type of network seems to have been significantly attractive to the network operators for providing new applications that cannot be easily supported by other wireless technologies. They are used in wide number of applications like Home Networking, Community Networking Video surveillance, medical device connectivity and so on.

The global Wireless Mesh Networking (Wmn) market was estimated at USD$ 5.3 billion in 2016, and is anticipated to reach USD$ 8.34 billion by 2021, expanding at a CAGR of 9.5% between 2017 and 2021. The increasing adoption of the wireless communication medium and the usage of artificial intelligence and IoT has been a major factor driving the global market growth. In addition, the growing opportunities in oil & gas industries and the development of smart cities and infrastructure have led to the increased adoption of WMN. In cities, WMN could solve the congestion problem with traffic management solutions where traffic data is analyzed and pre-emptive solutions are provided for free-flowing traffic.

A wireless Mesh Network architecture consists of mesh routers, mesh clients, and gateways. Unlike Wide Area Network access points, the WMN architecture don’t need cables to wired port. The architecture of Wireless Mesh Network provides economic and spectral efficiency and also delivers high bandwidth over the coverage area. WMNs are the one of the most efficient technologies to provide wireless broadband services without investing in costly radio spectrum. Wireless Mesh Networks help enterprises in generating more revenue by extending the reach of Wireless Local Area Networks securely, and in a cost effective manner.

On the basis of Technology the market is segmented in 802.11, 802.15 and others technology, WMNs has numerous applications in home networking, community networking and others. Medical device connectivity, traffic management, video surveillance are expected to grow the fastest over the forecast period.

North America has the fastest growing market for Wireless Mesh Networking technologies owing to the presence of large base of Wifi Networks and WLAN. Asia Pacific and European markets are also expected to grow over the forecast period since the demands for simple and cheap networks are growing in those regions.
 

Read Full Report: 
http://www.gosreports.com/wireless-mesh-networking-wmn-market/ 

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 1-510-400-8520
Web: www.gosreports.com
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