Global Wireless Mesh Networking Devices Market 2017-2021

 Overview of the global wireless mesh networking devices market

Technavio's market research analysis identifies the growing membership of ZigBee alliance as one of the primary growth factors responsible for the growth of the wireless mesh networking devices market. The exponential rise in the demand for connected devices has compelled organizations from several industries to join ZigBee Alliance that provides global wireless standards. Until 2016, the Alliance had several members working together to develop simple and easy-to-use ZigBee standards and products that define the IoT for use in industrial, commercial, and consumer applications. With an expected rise in the number of members and growing adoption of Zigbee technology, the global wireless mesh networking devices market will grow steadily at a CAGR of around 9% by 2021.

According to our market research experts, the growing demand for smart homes is one of the significant trends gaining traction in the wireless mesh networking devices market. The key factors responsible for the adoption of this trend is the ability of smart home technology to be used by any average household to connect appliances such as air conditioning units, computers, camera systems, entertainment systems, heating modules, lighting systems, television sets, and security devices. Additionally, this technology provides home owners the capability to monitor and control these devices using their smartphones and tablets.

Competitive landscape and key vendors