The global wireless mesh network market is foretold to expand on the back of the need to improve wireless communications in different industry verticals. The global wireless mesh network market could witness significant growth opportunities created due to easy and quick deployment in public safety infrastructure. Work safety concern in a number of industries is expected to push the demand in the global wireless mesh network market. Inclusion of mesh networking capabilities in high-demand devices could cause a surge in the growth of the global wireless mesh network market. This could be evidenced by the introduction of Razer’s new product Sila in the gaming routers market. Sila features mesh networking capabilities and specializes in reliable and fast Wi-Fi.
Transparency Market Research (TMR) prognosticates the global wireless mesh network market to log a 9.7% CAGR during the forecast period 2016-2024. The demand in the global wireless mesh network market could reach to 37.2 million units by the final forecast year. In 2015, the number stayed at 13.3 million units.
North America to Take Lead in Market with High Adoption in Energy and Utilities
Among key regions of the global wireless mesh network market, North America is anticipated to dominate in terms of share. In 2015, it gathered pace in the global wireless mesh network market due to impressive adoption of mesh networks for safety and security systems used in the energy and utilities sectors. Mandatory use of critical communication systems including mesh networks as the backbone is projected to support the rise of North America in the global wireless mesh network market.
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On the other hand, Asia Pacific could show quicker growth in the global wireless mesh network market because of the rising needs of smart cities and development of public infrastructure. Government and private bodies focusing on smart metering initiatives are forecast to set the tone for valuable growth in the regional wireless mesh network market.