SAN FRANCISCO, September 12, 2017
SAN FRANCISCO, September 12, 2017 /PRNewswire/ --
The global wireless mesh network (WMN) market is expected to reach USD 11.13 billion by 2025, according to a new report by Grand View Research, Inc. The increasing adoption of the wireless communication medium and the usage of artificial intelligence and IoT has been a major factor driving the global market growth. In addition, the growing opportunities in oil & gas industries and the development of smart cities and infrastructure have led to the increased adoption of WMN.
The wireless mesh network enables citywide public Wi-Fi that in turn improves the delivery of urban services. It is forecasted that wireless devices would account for two-thirds of the IP traffic and almost all households would have broadband services. In cities, WMN could solve the congestion problem with traffic management solutions where traffic data is analyzed and pre-emptive solutions are provided for free-flowing traffic.
The oil & gas segment would be the fastest-growing segment of end-use applications over the forecast period. The education segment would be the lowest-developing segment in wireless mesh network market over the forecast period at a CAGR of 7.2%.
The video surveillance segment is expected to observe the fastest growth over the next eight years with an estimated CAGR of around 10.1%. Wireless mesh network improves coverage, structural flexibility, and multi-hop high-speed short distance transmission capability of video surveillance systems.In addition, it is estimated that the Asia Pacific region will witness an increasing usage of wireless mesh network.
Browse full research report with TOC on "Wireless Mesh Network (WMN) Market Analysis By Radio Frequency, By Application (Home Networking, Video Surveillance, Medical Device Connectivity), By End-use, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/wireless-mesh-network-wmn-market
Further key findings from the report suggest:
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Grand View Research has segmented the WMN market on the basis of radio frequency, application, end use, and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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