Mesh Gateway Market Size, Share and Growth Analysis
Mesh Gateway Market by Offering, Location Type (Indoor, Outdoor), Application, End User Industry (Manufacturing, Energy & Utilities, Agriculture, Retail & Logistics, Transportation, Metal & Mining) and Region - Global Forecast to 2029
OVERVIEW
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Mesh gateway market is projected to reach USD 2.17 billion by 2029 from USD 1.26 billion in 2024, at a CAGR of 11.5% from 2024 to 2029. The rapid rise in industrial automation is significantly bolstering the mesh gateway market, revolutionizing how industries manage their operations. As industries increasingly embrace automation to improve efficiency, productivity, and safety, the demand for reliable and resilient communication infrastructure grows.
KEY TAKEAWAYS
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By RegionAsia Pacific has the largest market share of 38.3% in 2023.
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By OfferingBy offering, services is ecpcted to have fastest growth rate of 11.9% from 2024 to 2029.
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By ApplicationBy application, predictive maintenance has a market share of 50.1% in 2023.
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By End User IndustryBy End user industry, manufacturing is expcted to have the fastest growth during the forecast period.
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By Location TypeBy location type, Indoor has the largest market share in 2023.
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Competitive LandscapeSiemens (Germany) and Eaton (Ireland) are identified as the star players in the market, given their strong market share and product footprint.
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Competitive LandscapeTuya Inc. (China) and Senet (US), among others, have distinguished themselves among startups and SMEs by securing strong footholds in specialized niche areas, underscoring their potential as emerging market leaders
A mesh gateway is a networking device that acts as a bridge between different network segments or protocols within a mesh network. In mesh networks, which are decentralized and self-healing, each node can communicate with others directly or indirectly, creating a resilient topology. Mesh gateways enable communication between the mesh network and external networks, such as the Internet or other non-mesh infrastructures. They often handle tasks such as routing data between mesh nodes, managing network traffic, and providing connectivity to devices outside the mesh network.
TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS
Traditional networks often leave dead zones and need help to keep up with the ever-increasing number of devices vying for connection. Mesh networks offer a superior solution for industries. Unlike traditional setups with a single access point, mesh networks distribute WiFi through interconnected nodes, creating a blanket of consistent signals. This flexibility allows industries to quickly scale their network by adding nodes, perfect for sprawling warehouses or buildings with thick walls. Additionally, mesh networks boast self-healing capabilities. If a single node fails, the others automatically reroute data, ensuring continued connectivity and minimizing downtime crucial for industrial operations. These advantages make mesh networks compelling for businesses looking for reliable, scalable, and resilient WiFi solutions.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
MARKET DYNAMICS
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Rising number of intemet users
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Higher initial cost and complex setup
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Increasing adoption by SMEs
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Data security and privacy concems
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Rising number of intemet users
The rise in internet usage significantly boosts the mesh gateway market by driving demand for more robust and reliable network solutions. As more devices become interconnected and reliant on seamless internet access, mesh gateways ensure consistent and high-speed connectivity throughout homes and businesses.
Higher initial cost and complex setup
The higher initial cost and complex setup of mesh gateways serve as restraints for market growth, deterring potential customers from adopting these advanced systems. Many consumers and small businesses are hesitant to invest in expensive technology that requires technical expertise for installation and maintenance.
Increasing adoption by SMEs
The increasing adoption of mesh gateways in small and medium-sized enterprises (SMEs) presents a significant opportunity for the mesh gateway market. As SMEs seek affordable, scalable, and reliable networking solutions to support their growing digital infrastructure, mesh gateways offer an ideal solution. This trend opens up a substantial market segment, driving further innovation and expansion in mesh gateway technologies.
Data security and privacy concems
Data security and privacy concerns pose significant challenges for the mesh gateway market, as users become increasingly wary of potential vulnerabilities in their network systems. Ensuring robust security measures and safeguarding personal and business data are critical to gaining consumer trust and compliance with regulations. Overcoming these challenges is essential for the sustained growth and acceptance of mesh gateway technologies.
MESH GATEWAY MARKET SIZE, SHARE AND GROWTH ANALYSIS: COMMERCIAL USE CASES ACROSS INDUSTRIES
| COMPANY | USE CASE DESCRIPTION | BENEFITS |
|---|---|---|
 |
The underground mining environment posed challenges such as extreme temperatures, humidity, and limited visibility, making traditional communication methods unreliable. Ensuring the safety of workers in hazardous conditions required real-time monitoring and communication systems capable of functioning effectively underground. Xstrata Lomas Bayas Mining Company (Chile) sought to streamline operations, reduce downtime, and improve productivity through better connectivity and data collection. | Eaton's deployment of mesh gateways in collaboration with the Xstrata Lomas Bayas mining company illustrates the transformative impact of mesh networking technology on safety, efficiency, and reliability in underground mining operations. By addressing connectivity challenges and integrating with safety systems, mesh gateways enable real-time monitoring, data collection, and analysis, empowering mining companies to enhance operational performance and mitigate risks in demanding environments |
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET ECOSYSTEM
Various industries worldwide are witnessing digital disruptions. These industries leverage advanced technologies, such as mesh networking, industrial IoT (IIoT), and smart logistics, to modify their business models and enhance operational efficiency. This has also led to the development of smart supply chains, improved manufacturing processes, and an efficient end-to-end ecosystem. The rising adoption of mesh gateways and services in the manufacturing end-use industry is helping the rapid growth of the global market.
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET SEGMENTS
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
By Offering
The hardware market is expected to experience significant growth during the forecast period for several compelling reasons. The rapid advancements in technology, particularly in the fields of IoT, artificial intelligence, and 5G, are driving the demand for more sophisticated and powerful hardware components. As these technologies become more integrated into various industries, the need for robust and high-performance hardware to support complex applications and data processing increases. The rising adoption of smart devices, wearables, and connected home products fuels the demand for advanced hardware solutions.
By Location
The increase in industrial mesh gateways in indoor locations can be attributed to several factors. The increasing adoption of smart manufacturing and Industry 4.0 is driving the demand for interconnected systems and real-time data exchange within industrial facilities. Mesh gateways provide a scalable and reliable solution for creating robust wireless networks that can cover large indoor areas, enabling seamless communication between IoT devices, sensors, and machinery.
By Application
Predictive maintenance is set to hold the largest share of the market and grow significantly in the mesh gateway market because it can optimize operational efficiency and reduce downtime. By leveraging advanced analytics and real-time data from interconnected devices in a mesh network, predictive maintenance can foresee equipment failures before they occur, enabling pre-emptive actions.
By End User Industry
The growth of mesh gateways in the manufacturing industry is driven by the increasing need for seamless, reliable connectivity to support the proliferation of IoT devices and smart factory initiatives. Manufacturing environments are often large, complex, and filled with machinery and obstacles that can disrupt traditional wireless networks. Mesh gateways provide a solution by creating a self-healing, adaptive network where each node can communicate with multiple others, ensuring continuous data flow even if some nodes fail or encounter interference.
REGION
Asia Pacific to be fastest-growing region in mesh gateway market during forecast period
The Asia Pacific region is experiencing rapid growth in the mesh gateway market. Mesh gateways play a crucial role in industrial networks by facilitating communication between IoT devices. Many countries in the Asia Pacific region are undergoing rapid urbanization and are investing in smart city initiatives. Mesh networks are integral to developing smart cities, enabling efficient communication and connectivity among various smart devices, infrastructure, and sensors deployed throughout urban areas. As more industries and sectors in the region embrace IoT technologies, the demand for mesh gateways will likely increase.
MESH GATEWAY MARKET SIZE, SHARE AND GROWTH ANALYSIS: COMPANY EVALUATION MATRIX
Stars are the leading market players in new developments, such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad portfolio, innovative product offerings, and a global presence. They have well-established channels throughout the value chain.Siemens (Germany) and Eaton (Ireland) comes under this category. Emerging Leaders demonstrate more substantial product innovations than their competitors. Companies are investing more in R&D to launch several products in the market. A few players have a unique portfolio, while some have heavily invested in R&D or recently launched several products or innovative products. Wirepas Ltd.(Finland) comes under this category.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
KEY MARKET PLAYERS
- Eaton (Ireland)
- Honeywell International, Inc. (US)
- Siemens (Germany)
- Emerson Electric Co. (US)
- Schneider Electric (France)
- Advantech Co., Ltd (Taiwan)
- HDL Automation (China)
- RSAE Labs Inc. (US)
- Wirepas Ltd (Finland)
- Dryad Networks GmbH (Germany)
MARKET SCOPE
| REPORT METRIC | DETAILS |
|---|---|
| Market Size in 2023 (Value) | USD 1.20 Billion |
| Market Forecast in 2029 (Value) | USD 2.17 Billion |
| Growth Rate | CAGR of 11.5% from 2024-2029 |
| Years Considered | 2020-2029 |
| Base Year | 2023 |
| Forecast Period | 2024-2029 |
| Units Considered | Value (USD Million/Billion), Volume (Thousand Units) |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments Covered |
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| Regions Covered | North America, Europe, Asia Pacifc and RoW |
WHAT IS IN IT FOR YOU: MESH GATEWAY MARKET SIZE, SHARE AND GROWTH ANALYSIS REPORT CONTENT GUIDE
DELIVERED CUSTOMIZATIONS
We have successfully delivered the following deep-dive customizations:
| CLIENT REQUEST | CUSTOMIZATION DELIVERED | VALUE ADDS |
|---|---|---|
| Enterprise & Industrial (Smart Buildings, Manufacturing, Utilities) | Competitive benchmarking of mesh gateway providers across protocols (Zigbee, Thread, Wi-Sun, Bluetooth Mesh, proprietary) | Assessment of scalability, interoperability, security, and reliability for smart infrastructure and industrial IoT deployments |
| Smart City & Utility Operators | Evaluation of mesh gateway performance for large-scale outdoor deployments, including range, latency, redundancy, and network resilience | Analysis of integration with smart meters, street lighting, environmental sensors, and grid management systems |
RECENT DEVELOPMENTS
- March 2024 : Emerson Electric Co. (US) revealed its new PACSystems IPC 2010 Compact Industrial PC (IPC), which is designed to be a rugged industrial computer suited to machine and discrete part manufacturing automation applications.
- September 2023 : The company introduced the Wi-Fi HaLow IoT Solution. This product lineup includes the Wi-Fi HaLow IoT Gateway ARFHL-AP, Wi-Fi HaLow Wearable Gateway ARFHL-UM, Wi-Fi HaLow Outdoor Gateway ARFHL-OD, Wi-Fi HaLow Outdoor Relay ARFHL-ODR, and the versatile Wi-Fi HaLow DIY Kit ARFHL-575.
Table of Contents
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Methodology
Four main activities were undertaken to determine the size of the mesh gateway market. Initial extensive secondary research gathered data on the market, peer market, and parent market. Following this, validation of these findings, assumptions, and sizing occurred through primary research involving industry experts across the value chain. Utilizing both top-down and bottom-up approaches, the global market size was estimated. Subsequently, market breakdown and data triangulation were employed to determine the sizes of segments and subsegments within the market.
Secondary Research
Secondary sources for this research study encompass corporate filings (including annual reports, investor presentations, and financial statements), trade publications, professional associations, white papers, accredited publications, articles authored by reputable sources, directories, and databases. Secondary data was gathered and analyzed to ascertain the overall market size, subsequently corroborated through primary research.
Primary Research
Following a comprehensive secondary research phase to comprehend and analyze the mesh gateway market landscape, extensive primary research was conducted. This involved numerous interviews with key opinion leaders representing both demand- and supply-side vendors across four primary regions: North America, Asia Pacific, Europe, and RoW (comprising the GCC, Rest of Middle East & Africa, and South America). Subsequent to engaging with industry experts, concise sessions were held with seasoned independent consultants to validate the primary findings. These efforts, combined with insights from in-house subject matter experts, culminated in the findings detailed in the remainder of this report.
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Market Size Estimation
Both top-down and bottom-up methodologies have been employed to estimate and validate the overall size of the mesh gateway market. These approaches were also extensively utilized to determine the sizes of various market subsegments. The research methodology utilized to estimate the market sizes encompasses the following:
Market Size Estimation Methodology-Top-Down Approach
Market Size Estimation Methodology-Bottom-Up Approach
Data Triangulation
After determining the overall market size through the previously outlined market size estimation processes, the market has been subdivided into multiple segments and subsegments. Data triangulation and market breakdown procedures were used to finalize the overall market engineering process and ascertain precise statistics for each market segment and subsegment. This triangulation involved examining various factors and trends from both the demand and supply perspectives.
The market has been divided into multiple segments and subsegments following the determination of the overall market size, utilizing the market size estimation methodologies outlined previously. Data triangulation and market breakdown techniques were used to finalize the overall market engineering process and attain precise statistics for each market segment and subsegment. Triangulation of data has been achieved through an examination of diverse factors and trends from both demand and supply perspectives.
Market Definition
A mesh gateway is a networking device that is a bridge between different network segments or protocols within a mesh network. In mesh networks, which are decentralized and self-healing, each node can communicate with others directly or indirectly, creating a resilient topology. Mesh gateways enable communication between the mesh network and external networks, such as the Internet or other non-mesh infrastructures. They often handle tasks such as routing data between mesh nodes, managing network traffic, and providing connectivity to devices outside the mesh network.
Key Stakeholders
- Mesh gateway manufacturers
- Mesh gateway component providers
- Technology investors
- Governments and financial institutions
- Analysts and strategic business planners
- Existing end users and prospective ones
- Mesh gateway-related associations, organizations, forums, and alliances
- Venture capitalists, private equity firms, and start-up companies
- Distributors and traders
- Research institute and organization
Report Objectives
- To define, describe, and forecast the overall mesh gateway market based on offering, location type, application, and end-use industry in terms of value and volume
- To forecast the size of the market for North America, Europe, Asia Pacific, and the Rest of the World (RoW) in terms of value
- To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the mesh gateway market
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
- To describe the mesh gateway value chain
- To analyze opportunities in the market for the stakeholders and provide a detailed competitive landscape of the market
- To strategically profile key players and comprehensively analyze their market rankings and core competencies2
- To analyze competitive developments such as product launches, partnerships, and collaborations in the market
Available Customizations:
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Company Information
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