The wireless mesh network market is gaining traction owing to the rapid demand in bandwidth requirement and growing adoption of smart connected devices across various industry verticals. Need for consistent and stable network, and reduction in the cost of connected devices are some of the other factors that are expected to contribute to the growth of the wireless mesh network market. MarketsandMarkets forecasts the wireless mesh network market size to grow from USD 3.89 Billion in 2017 to USD 7.44 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period.
Some of the major players in the wireless mesh network market include Cisco Systems (US), Aruba Networks (US), Qualcomm (US), ABB (Switzerland), Qorvo (US), Synapse Wireless (US), Wirepas (Finland), Rajant Corporation (US), Strix Systems (US), Cambium Networks (US), Firetide (US), and Ruckus Wireless (US). These leading players have adopted various strategies, such as partnerships, collaborations, agreements, mergers, acquisitions, and new product developments, to achieve growth in the wireless mesh network market.
Qualcomm is one of the leading players in the wireless mesh network market. Qualcomm possesses strong and agile partnerships with technology leaders and has a wide clientele base in the regions such as North America, EMEA, and APAC. Qualcomm is a world leader in providing 3G, 4G, and next-generation wireless technologies. It is working on 5G research and development, standardization, interoperability testing, and trials in cooperation with leading operators around the world such as Ericsson and Samsung. Qualcomm offers a rich portfolio of wireless mesh networking solutions across key business areas to its commercial clients in the networking arena. The company offers Wi-Fi SON, Qualcomm 11ac and Qualcomm mesh network platform under the wireless mesh network portfolio. The company has been undertaking multiple organic growth strategies, to deliver a higher level of customer support, and security to its clients. For instance, in 2017, Qualcomm launched end-to-end Video over Wireless (VoW) solution that optimizes the delivery of video over mesh networks. Qualcomm’s solution is important for devices which stream video and other high-bandwidth activities throughout the office space. Moreover, this solution results in the reduction of latency, buffering, and dropped packets.
Qorvo is another established vendor in the wireless mesh network market. Qorvo is continuously adding enhanced functionalities to its wireless mesh network portfolio of physical appliances. With its offerings in the wireless mesh network market space, Qorvo aims to transform and deploy enhanced semiconductor technologies and solutions that improve network capacity, increase data throughput, and enhance end-user experience. The company also focuses on top-line growth, increased customer engagement, and higher operational efficiency through its wireless networking offering. The company is highly focused on organic strategies. For instance, in 2018, Qorvo launched distributed Wi-Fi solutions in the home through a portfolio of 802.11ax products that improves Wi-Fi coverage, enables smaller devices, and reduces costs.
Wireless Mesh Network Market by Component (Physical Appliances, Mesh Platform, Services), Mesh Design (Infrastructure and Ad-Hoc), Radio Frequency, Applications (Disaster Management, Smart Manufacturing), and Region - Global Forecast to 2022
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