Market Size of Wireless Mesh Networking Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 9.56 Billion |
| Market Size (2029) | USD 14.57 Billion |
| CAGR (2024 - 2029) | 8.78 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Wireless Mesh Networking Market Analysis
The Wireless Mesh Networking Market size is estimated at USD 9.56 billion in 2024, and is expected to reach USD 14.57 billion by 2029, growing at a CAGR of 8.78% during the forecast period (2024-2029).
The global wireless mesh networking (WMN) market is expected to experience significant expansion during the forecast period, owing to advancements in the wireless communication sector. The deployment of this technology is being driven by major advantages such as resilient communications, low financial cost, and flexible scale.
- Another advantage of these networks is their auto-configuration and self-organization capability, which allows them to enhance coverage, capacity, and availability by deploying more WAPs without disturbing other nodes. This makes them easy to expand and suitable for various applications.
- In July 2023, Rajant Corporation, one of the leading global pioneers of Kinetic Mesh wireless networks headquartered in Malvern, Pennsylvania, entered a strategic distribution agreement with Crossover Distribution last year. Crossover is one of the leading wireless solutions providers skilled in design and engineering expertise to support North America. Their agreement represents Rajant's further global investment to introduce its global-leading Kinetic Mesh solution to Crossover's customers within industries such as mining, indoor automation, smart cities, public safety, and rural broadband.
- The wireless mesh networking market is experiencing significant growth due to increasing adoption of IoT and industrial automation across all sectors. Innovations in this technology are creating new applications in various markets, including the fixed wireless market.
- Wireless mesh networking (WMN) is also ideal for tracking pallets and monitoring large physical objects with a highly reliable wireless connectivity network due to its connectivity advantage and low cost. This technology can easily track key data across the factory floor and multiple locations to identify issues before they occur, attracting many vendors to offer industry-oriented products.
- With growing automation in the agriculture sector, WMN technology is also excellent for tracking sun exposure and water levels in crops. It can be scaled at a low cost with mesh-enabled nodes across an entire land, to develop a cellular connected IoT farm.
