Global Wireless Mesh Network Market: Trends, Growth, and Forecast to 2030
The global wireless mesh network market size is expected to reach USD 15.95 billion by 2030, registering a CAGR of 8.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. In the Internet of Things (IoT) platforms, mesh networking is a viable method for managing device-to-device communication. With its assistance, IoT networks may operate more quickly and effectively without needing expensive gear or burning excessive electricity. The increasing adoption of wireless communication mediums and the usage of IoT and Artificial Intelligence (AI) have been major factors driving the global market growth. In addition, the growing opportunities in the oil & gas industries and the development of smart cities & infrastructure have led to increased adoption of Wireless Mesh Networks (WMN). The industry has been expanding owing to the rising demand for reliable, efficient network performance and the flexibility of WMNs ...