Wireless mesh network market to see double digit growth
Key growth vectors include the rapid demand in bandwidth requirement, and growing adoption of smart connected devices across various industry verticals. Further, the need for a consistent and stable network, and reduction in the cost of connected devices are also some of the factors that are expected to drive the market growth.
The ad-hoc mesh design segment is expected to be the fastest-growing mesh design in the market during the forecast period. Ad-hoc mesh network design is a peer-to-peer network where end stations function as routing nodes. The network is created as needed without prior complex network design and planning. In ad-hoc network design when access points come in a range, they automatically identify themselves and set up links to each other to form a network. Each access point in the network is in communication with various access points and could route traffic between any different access points on the network.
See also: Evolution of industrial wireless sensor networks
The network consulting services segment is expected to hold the largest market share during the forecast period. Consulting services help eliminate the network complexity and reintegrate the functions in a simplified environment by providing clients with their business networking needs. These services also help implement effective next-generation networking systems. Network professionals help enterprises communicate the IT risk in business-relevant terms, prioritize remediation efforts based on a composite risk view, and automate assessment processes to improve the overall security and compliance regulations.
See also: AI, neural networks and the edge of the cloud
North America is expected to represent the largest market share of the market during the forecast period. North America is one of the largest contributors to the wireless mesh network market due to the growth of evolving low-power high-range Wide Area Networks (WANs) and increasing automation. Furher, the adoption of Internet of Things (IoT) across various industry verticals is expected to drive the market in this region. For instance, since 2012, the US has been incorporating smart systems into industries, such as energy and utilities, industrial automation, intelligent buildings and infrastructure, and public safety. Most of the smart city projects in the US are near completion – consequently the country is expected to witness a low growth rate in the smart cities space in the years to come.
See also: Partnership brings cellular data into IoT platform
See also: Scalable AI accelerators target handsets and edge processing
See also: AI brings indoor tracking, motion and vital sign detection to mesh routers
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