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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.
With vendors from different industries investing in smart devices and in integrating advanced electronic components such as ZigBee chip on consumer electronic devices, the wireless mesh networking devices market is expected to become highly competitive in the coming years. Currently, Wi-Fi and Bluetooth wireless technologies are dominating the connected device market. As a result, the competition in the global ZigBee-enabled devices is low. The leading vendors in the market are
The other prominent vendors in the market are Aclara Technologies, Autani, Computime, Energate, HPL Electric and Power, Itron, Legrand, Melange Systems, Microchip Technology, MMB Networks, Profile Systems, SENA Technologies, Sigma Designs, TimeLox, and Trilliant.
The STBs segment dominated the wireless mesh networking devices market and accounted for a major part of the overall market share. The increased adoption of connected homes is the key driver for the dominance of this segment in the global market. STBs function as a central hub for a smart home. Apart from entertainment, they can control several other mesh networking compatible devices, which can communicate with each other in a smart home.
In this market study, analysts have estimated Zig-bee enabled devices to dominate the wireless mesh networking devices market during the forecast period. This technology is used worldwide for monitoring and controlling connected devices. It is widely used in various application areas such as healthcare, commercial building and home automation, agriculture, vehicle monitoring, and security.
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Mesh networking solutions include the products which incorporate wireless technologies based on mesh topologies such as Z-wave, ZigBee, and Thread. Our market research reports for the hardware and semiconductor industry follow a systematic procedure of data collection methodology and offer an analysis of fast growing market subdivisions like embedded systems. This upcoming industry research report on the global wireless mesh networking devices market offers insights into the major trends and developing drivers inducing growth of the embedded systems industry.
Our market research analysis includes primary and secondary research techniques like vendor briefings, telephone and online surveys, webinars, and podcasts, and industry journals and publications to help clients develop active growth strategies and keep pace with the frequently changing market landscape. The market research experts at Technavio also take into account the market forecast, market size, and increasing demand for various embedded systems products and services and also offers an all-inclusive picture of the global wireless mesh networking devices market for the estimated period of 2017-2021.
This upcoming market research report on the global wireless mesh networking devices market also covers vendors like Renesas Electronics, NXP Semiconductors, STMicroelectronics, Silicon Laboratories, Texas Instruments, Telegesis, Atmel, Digi International, Freescale Semiconductor, GreenPeak Technologies, and Microchip Technology. Additionally, to offer clients the scope to identify potential market opportunities and expand in niche markets, this industry report on the global wireless mesh networking devices market also covers geographies like the Americas, APAC, and EMEA.
The upcoming industry research report for the global wireless mesh networking devices market also categorizes the major trends, key market drivers, as well as the constraints that the embedded systems sector currently experiences. It also presents insights into the rapidly changing competitive scenario to give clients a realistic picture of the upcoming events within the hardware and semiconductor industry. Technavio also provides insights into the sectors such as computing devices and semiconductor equipment.
Our market research methodology for the mesh networking solution market
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