Pune, India, March 15, 2019 -- /360iResearch/ -- The report "Global Home-Based Wireless Mesh Network Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q4 2018 Update)", published by 360iResearch, states that the global market was valued at USD 956.15 million in 2017 and is projected to reach USD 2,342.65 million by 2024, growing at a CAGR of 13.66% from 2017 to 2024.
The major forces driving the growth of the home-based wireless mesh network market include the increasing bandwidth requirement owning to growing adoption of smart devices for home automation and need for consistent and stable network to support growing adoption of ai and iot. Moreover, key advantages over traditional network such as reduced dead spots and ease of installation is also one of the factors that is driving the market growth. However certain factors such as the tradeoff between scalability and network speed may hinder the market growth. In the middle of difficulty lies opportunity such as the multi factor authentication, and potential growth opportunities for security system integrators for home automation. The possible challenges for the market growth is high cost of installation. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on geography, the global home-based wireless mesh network market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the home-based wireless mesh network market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are ASUSTeK Computer Inc., Ammbr Foundation Pte Ltd., Amped Wireless, BT Group PLC, D-Link Corporation, EnGenius Technologies, Google LLC, Huawei Technologies Co., Ltd., Linksys, Luma Home Inc., Netgear Inc., Qualcomm Technologies, Inc., TP-Link Technologies Co., Ltd., Ubiquiti Networks, Inc., and eero LLC.
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