Mesh Gateway Market Size Worth $ 3,571.65 million By 2032 | CAGR: 11.2%

The global mesh gateway market size is expected to reach USD 3,571.65 million by 2032, according to a new study by Polaris Market Research. The report “Mesh Gateway Market Size, Share, Trends, Industry Analysis Report, By Component (Hardware, Software, Services); By Location Type; By Application; By End User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rising proliferation of IoT (Internet of Things) devices across residential, commercial, and industrial sectors presents a significant opportunity for mesh gateway solutions. IoT devices require reliable and scalable network infrastructure to facilitate seamless communication and data exchange. Mesh gateways, with their ability to extend Wi-Fi coverage over large areas and provide robust connectivity in challenging environments, are essential for supporting these diverse IoT applications. From smart homes and offices to industrial IoT deployments, the demand for mesh gateways continues to rise as organizations seek efficient ways to manage and integrate their growing number of connected devices.

The evolution of smart city initiatives worldwide is driving the demand for advanced networking solutions like mesh gateways. Smart cities leverage IoT sensors and devices for applications such as traffic management, public safety, energy efficiency, and environmental monitoring. Mesh gateways play a crucial role in establishing a resilient and interconnected network infrastructure that supports these complex urban systems. The scalability, reliability, and self-healing capabilities of mesh networks make them ideal for smart city deployments where seamless connectivity across diverse locations is paramount.

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The increasing adoption of digital transformation strategies across industries is also fueling demand for mesh gateway solutions. Industries such as manufacturing, healthcare, logistics, and retail are embracing automation, real-time data analytics, and remote monitoring systems to enhance operational efficiency and customer experiences. The flexibility of mesh networks to adapt to changing business needs and environments further enhances the demand for the mesh gateway market.

Mesh Gateway Market Report Highlights

• The predictive maintenance segment is anticipated to witness the highest growth during the forecast period due to its ability to minimize downtime and reduce maintenance costs by predicting equipment failures before they occur.
• The retail & logistics category is expected to witness significant CAGR growth during the forecast years due to the increasing adoption of IoT devices for inventory management, supply chain optimization, and personalized customer experiences.
• The North American mesh gateway market accounted for a significant share in 2023 due to the region's advanced technological infrastructure, the high adoption rate of smart home devices, and the strong focus on industrial automation.
• The Asia-Pacific mesh gateway market is expected to grow at the highest CAGR from 2024 to 2032, driven by rapid urbanization, increasing smart city projects, and a growing adoption of IoT technologies across various sectors.
• The global key market players include Ackcio, Advantech Co., Ltd., AsiaRF Co., Ltd., Digi International Inc., Dryad Networks GmbH, Eaton, Emerson Electric Co., HDL Automation, Honeywell International Inc., Schneider Electric, Siemens, Weidmuller, Wirepas Ltd, Xiaomi, ZTE Corporation, etc.   

Polaris Market Research has segmented the mesh gateway market report based on component, location type, application, end-user, and region:  

Mesh Gateway, Component Outlook (Revenue - USD million, 2019 - 2032)

• Hardware
• Software
• Services

Mesh Gateway, Location Type Outlook (Revenue - USD million, 2019 - 2032)

• Indoor
• Outdoor

Mesh Gateway, Application Outlook (Revenue - USD million, 2019 - 2032)

• Predictive Maintenance
• Remote Monitoring
• Assets tracking & management
• Supply Chain Management
• Smart Grid Management
• Traffic management
• Others

Mesh Gateway, End-User Outlook (Revenue - USD million, 2019 - 2032)

• Agriculture
• Healthcare
• Transportation
• Retail & Logistics
• Energy & Utilities
• Manufacturing
• Metals & Mining
• Other

Mesh Gateway, Regional Outlook (Revenue - USD million, 2019 - 2032)

• North America

• US
• Canada

• Europe

• Germany
• France
• UK
• Italy
• Spain
• Netherlands
• Russia
• Rest of Europe

• Asia-Pacific

• China
• Japan
• India
• Malaysia
• South Korea
• Indonesia
• Australia
• Vietnam
• Rest of Asia-Pacific

• Middle East & Africa

• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of Middle East & Africa

• Latin America

• Mexico
• Brazil
• Argentina
• Rest of Latin America

Mesh Gateway Report Scope: