Utility Communications Market Size

Utility Communications Market Growth Projections and Opportunities

The surge in IoT usage has led to a growing demand for a reliable and extensive communication network covering large areas. With the increasing adoption of smart connected devices, there's a need for high bandwidth. Traditional Wi-Fi networks, involving routers, cables, and switches, can be costly. Moreover, a single-point Wi-Fi router broadcasting signals can lead to network disconnection if it malfunctions. In contrast, wireless mesh networks have multiple access points, allowing devices to switch between them if one fails. These interconnected access points create a chain, resulting in expansive coverage. Wireless mesh networks are more cost-effective and efficient than traditional Wi-Fi, driving their anticipated high growth. Enterprises seek robust, scalable, and highly secure networks, contributing to the demand for wireless mesh networks.

Wi-Fi, introduced in the 1990s, evolved with standards like 802.11a, 802.11b, 802.11g, and 802.11n, gaining prominence in the 2000s for enterprise needs. Despite its popularity, Wi-Fi faced challenges such as cost and bandwidth concerns. The introduction of wireless mesh networks enhanced communication network efficiency.

Wireless mesh networks offer diverse frequency standards for air communication, enabling nodes/devices to communicate without disturbance from external noise. The demand for robust, scalable, and secure enterprise networks is propelling the wireless mesh network market. The rising demand for Intelligent Transport Systems (ITS) further supports wireless mesh networks. Deploying these networks on highways and expressways aids traffic analysis, securing roads, and ensuring smooth vehicle flow. Additionally, widespread IoT adoption in enterprises, commercial spaces, and residences necessitates wireless mesh networks. Applications include smart cities, smart homes, and connected healthcare. For example, Bluetooth mesh is increasingly used in smart cities for connected lighting control systems.

However, a significant drawback is the low throughput and limited capacity of nodes, leading to data traffic congestion and reduced transmission capacity near nodes, affecting wireless mesh network throughput. Key global vendors like Cisco Systems, Hewlett Packard Enterprise Company, Qualcomm, and others have employed various strategies, such as product launches and collaborations, to enhance their presence in the wireless mesh market.