The Wireless Mesh Network Market is projected to reach USD 18.94 billion by 2032
From GlobeNewswire: 2025-06-04 10:00:00
The Wireless Mesh Network Market was valued at USD 8.57 billion in 2023 and is projected to reach USD 18.94 billion by 2032, growing at a CAGR of 9.26% from 2024 to 2032. Major players include Aruba Networks, Cisco Systems, and Qualcomm. The market is driven by the increasing demand for reliable communication infrastructure in smart cities and IoT applications.
The U.S. Wireless Mesh Network market was valued at USD 2.35 billion in 2023 and is expected to reach USD 5.12 billion by 2032, with a CAGR of 9.04% from 2024 to 2032. The market growth is fueled by smart city projects, IoT device adoption, and the need for scalable wireless communication solutions.
The 2.4 GHz Band led the Wireless Mesh Network market in 2023 with a 39% revenue share, known for its long-range coverage and obstacle penetration. The 5 GHz Band is projected to grow at a 10.38% CAGR from 2024 to 2032, catering to high-speed low-latency communication needs in smart cities and enterprise IoT applications.
Disaster Management & Rescue Operations dominated the market in 2023 with around 28% revenue share, offering real-time coordination during emergencies. The Medical Device Connectivity segment is expected to grow at an 11.14% CAGR from 2024 to 2032, driven by healthcare digitalization and connectivity needs.
Smart Cities and Smart Warehouses commanded a 24% revenue share in the Wireless Mesh Network market in 2023, relying on decentralized communication for real-time monitoring and data exchange. North America led the market in 2023, while Asia Pacific is projected to grow fastest at a 10.85% CAGR from 2024 to 2032.
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