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Wireless Mesh Network Market 2018-2022DUBLIN, March 13, 2018 /PRNewswire/ -- The "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" report has been added to ResearchAndMarkets.com's offering. The global 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. The major forces that are expected to drive the growth of the wireless mesh network market include the critical need for network bandwidth management, and growing adoption of smart connected devices across various industry verticals. Moreover, need for consistent network and stable network, and reduction in cost of connected devices are also some of the factors that are expected to drive the market growth. The wireless mesh network market is segmented on the basis of components (physical appliances, mesh platforms, and services), mesh design, radio frequency, applications, and regions. North America is expected to hold the largest market share and dominate the wireless mesh network market during the forecast period. The North America region comprises the US and Canada, which are witnessing the phenomenal adoption of wireless mesh networking technologies. These countries have major dominance with sustainable and well-established economies, empowering them to strongly invest in Research and Development (R&D) activities, thereby contributing to the development of new technologies. Due to the emergence of trending technologies, such as Software-as-a-Service (SaaS)-based applications, cloud networking, network analytics, Internet of Things (IoT), and virtualization, the users and enterprises in these regions are forced to adopt wireless mesh networking technologies for establishing a cost-effective and constant network. APAC comprises growing economies, such as Japan, China, India, Singapore, and Australia, which are expected to register high growth in the wireless mesh network market. APAC has witnessed advanced and dynamic adoption of new technologies and has always been a lucrative market for wireless mesh networks. AAC is projected to grow at the highest CAGR during the forecast period in the wireless mesh network market. Countries such as Singapore, China, and Japan possess developed technological infrastructure, which promotes the adoption of mesh networking solutions across various industry verticals in this region. Data security and privacy concerns are expected to be the major restraining factor for the growth of the wireless mesh network market. However, the recent developments, new product launches, and acquisitions undertaken by the major market players are expected to boost the growth of the market. Key Topics Covered: 1 Introduction For more information about this report visit https://www.researchandmarkets.com/research/7pv69g/wireless_mesh?w=5 About ResearchAndMarkets.com Media Contact: Laura Wood, Senior Manager View original content:http://www.prnewswire.com/news-releases/wireless-mesh-network-market-2018-2022-300613281.html SOURCE Research and Markets |