Mesh Gateway Market Overview:
The mesh gateway market is witnessing rapid growth due to the rising adoption of mesh networks in smart homes, industrial IoT, and smart cities. These gateways enhance connectivity, scalability, and reliability by enabling seamless communication between devices in complex network environments.
Global Mesh Gateway Market size and share is currently valued at USD 1,532.63 million in 2024 and is anticipated to generate an estimated revenue of USD 3,571.65 million by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 11.2% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032
Key Market Drivers:
- Expanding IoT Ecosystem: The proliferation of IoT devices across industries is driving demand for mesh gateways to support efficient data transmission and device interoperability.
- Demand for Reliable Connectivity: Mesh gateways offer enhanced network resilience and coverage, making them essential in environments requiring uninterrupted connectivity, such as industrial automation and smart infrastructure.
- Advancements in Wireless Technologies: Innovations in wireless communication protocols like Wi-Fi 6, Zigbee, and Bluetooth Mesh are boosting the adoption of mesh gateways to support high-speed, low-latency data transfer.
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Key Companies in Mesh Gateway Market:
- 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
Mesh Gateway Market Segmentation:
Polaris Market Research has segmented the mesh gateway market based on component, location type, application, and end-user, providing comprehensive insights into market dynamics and opportunities across diverse industries.
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 Industry Developments:
The mesh gateway market is marked by strategic collaborations, product launches, and technological advancements. Companies are focusing on developing gateways with enhanced security features and energy efficiency. Partnerships between tech firms and telecom providers are also accelerating the deployment of mesh networks in smart city projects and industrial IoT applications.