Mesh Gateway Market Size, Share and Growth Analysis

Report Code SE 9074
Published in Jul, 2024, By MarketsandMarkets™
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Mesh Gateway Market by Offering, Location Type (Indoor, Outdoor), Application, End User Industry (Manufacturing, Energy & Utilities, Agriculture, Retail & Logistics, Transportation, Metal & Mining) and Region - Global Forecast to 2029

Overview

The mesh gateway market size is expected to be USD 1.3 billion in 2024 It is anticipated to be USD 2.2 billion by 2029, growing at a CAGR of 11.5% between 2024 to 2029. Factors such as the increasing adoption of mesh gateways in industrial automation to improve efficiency, productivity, and the safety of day-to-day operations drive the market for mesh gateways during the forecast period.

Attractive Opportunities in the Mesh Gateway Market

Asia Pacific

Asia Pacific is expected to be the fastest-growing market for mesh gateway during the forecast period owing to the increased demand for mesh gateways in the manufacturing end-user industries.

The growth of the mesh gateway market can be attributed to the increasing investments in wireless networking technologies.

Surging number of partnerships and collaborations among government and industry players, to carry out advancements in wireless networking is also contributing to the growth of the mesh gateway market.

The US, UK, India, Japan, and China are expected to be the key markets for mesh gateway during the forecast period.

Technological advancements in mesh gateways are projected to create lucrative opportunities for players in the mesh gateways market in the next five years.

Global Mesh Gateway Market Dynamics

Driver: Rise in industrial automation

The advancement in industrial automation is driving the Demand for mesh gateways. Mesh gateways in an industrial automation setup help with reliable and efficient communications. Industries are trying to automate their activities without human intervention to make the process smooth and safe. With the help of mesh gateways, industries can get benefits like remote monitoring, real-time access to data, and predictive maintenance. This helps the organization secure and maintain machines' long life and improve performance using real-time data. As innovative industry initiatives around the globe are increasing, Demand for mesh gays in industrial automation setups is also expected to grow during the forecast period.

Restraint: Higher initial cost and complex setup

Mesh networking system deployment's initial cost is expensive compared to any traditional wireless networking system. The individual mesh nodes are still affordable, but a system needs multiple nodes to ensure a proper wireless network throughout the premises where it is installed. Companies with budget constraints might hesitate to make investments, which act as a restraint for the mesh gateway market. While many systems are designed to be user-friendly, some users might need help with configuring multiple devices and creating a mesh network. This can discourage some potential customers from considering mesh gateways.

 

Opportunity: Increasing adoption of mesh gateways in SMEs

Mesh gateways have considerable opportunities for small and medium-sized enterprises. As traditional wireless networking systems have shortcomings with consistent networks and coverage of large areas, mesh gateways can help with the problems. As mesh networking has multiple interconnected nodes, a consistent and reliable network is established, which is very useful in large premises and hazardous environments for continuous monitoring and assessments. Mesh gateways are very user friendly with simple installation processes and easy management through apps or web interfaces, reducing the need for specialized technical knowledge, making it ideal for SMEs.

Challenge: Data Security and privacy concerns

Data security and privacy concerns are significant challenges in the mesh gateway market. Mesh gateways are prone to cyber attacks like hacking and malware. In mesh gateways, any node can act as an energy point, giving attackers significant opportunities to control the systems. If any node is compromised, hackers can control the entire system. Security across multiple nodes is complex and requires surveillance to ensure firmware updates, consistent security settings, and encryption. Compliance and data privacy regulations such GDPR, CCPA, or HIPAA also complicate matters for security measures to protect personal data and meet legal requirements. Addressing the problems mentioned above can act as a challenge for the mesh gateway market.

Global Mesh Gateway Market Ecosystem Analysis

Various industries worldwide are witnessing digital disruptions. These industries leverage advanced technologies, such as mesh networking, industrial IoT (IIoT), and smart logistics, to modify their business models and enhance operational efficiency. This has also led to the development of smart supply chains, improved manufacturing processes, and an efficient endto-end ecosystem. The rising adoption of mesh gateways and services in the manufacturing enduse industry is helping the rapid growth of the global market.

 

Predictive maintenance is expected to have the highest market growth during the forecast period.

Predictive maintenance is expected to have the highest CAGR growth during the forecast period. Predictive maintenance helps industries access the system's condition with real-time monitoring and data. It helps companies make changes and adjustments before the failure of the machine. This approach helps companies reduce maintenance costs, increase machines' lives, and improve the overall management of operations. With the rise in IoT technologies and Industry 4.0, the market for predictive maintenance in the mesh gateway market is expected to grow during the forecast period

Retail & logistics application is expected to have significant market share during the forecast period.

The retail & logistics industry is involved in selling goods to consumers. Multiple steps are involved while selling goods to the consumers. Constant monitoring, asset management, and predictive maintenance are involved in the whole process. By having mesh gateways in the organization, retail & logistic companies can have reliable connectivity in massive warehouses and company spaces, among others. The company can remotely monitor the products, efficiently manage assets, and perform predictive maintenance for future product requirements. By using mesh gateways, the company improves efficiency, has better data collection, and improves future management of products, and hence, the market for mesh gateways is growing in the mesh retail & logistics industry.

Asia Pacific region holds the largest share of the Mesh Gateway Market.

The growth of the mesh gateway industry in the Asia Pacific can be attributed to the rise in manufacturing and government initiatives in the region. Countries like China, South Korea, and India will play a significant role in this growth. For instance, Government initiatives like Wi-Fi Access Interface (WANI) by the Indian government launched in December 2020 to develop a wireless network across public locations nationwide. It will help build a wireless network communication infrastructure in the country. The government initiatives like these are improving wireless networking in the public and industrial sectors, which will boost the mesh gateway market during the forecast period.

 
 

Recent Developments of Mesh Gateway Market industry

  • In March 2024, Emerson Electric Co. (US) revealed its new PACSystems IPC 2010 Compact Industrial PC (IPC), which is designed to be a rugged industrial computer suited to machine and discrete part manufacturing automation applications. The new solution is designed to serve manufacturing sites and OEM machine builders who need a ruggedized, compact, durable IPC to cost-effectively support the Industrial Internet of Things (IIoT) and other digital transformation initiatives.
  • In July 2023, Honeywell International Inc. (US) announced the acquisition of SCADAfence (Israel), one of the leading providers of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks. SCADAfence brings proven capabilities in asset discovery, threat detection, and security governance, which are vital to industrial and building management cybersecurity programs.

Key Market Players

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Scope of the Report

Report Attribute Details
Estimated Market Size USD 1.3 billion in 2024
Expected Market Size USD 2.2 billion by 2029
Growth Rate CAGR of 11.5%
Market size available for years 2020-2029
Base year considered 2023
Forecast period 2024–2029
Forecast units Value (USD Million/Billion)
Segments Covered By Offering, By Application, By Location Type, By End User Industry, By Region
Region covered North America, Europe, Asia Pacific, and RoW
Companies covered The major players include Eaton (Ireland), Honeywell International, Inc. (US), Siemens (Germany), Emerson Electric Co. (US), Schneider Electric SE (France), Advantech Co., Ltd. (Taiwan), HDL Automation (China), RSAE Labs Inc. (US), Wirepas Ltd (Finland),

 

Key Questions Addressed by the Report

How big is the mesh gateway market?
The mesh gateway market was valued at USD 1.2 billion in 2023. The growth of mesh networking technology development and funding increases the demand for mesh gateways across various verticals during the forecast period.
Are mesh gateways in demand?
Yes, mesh gateways are in high demand due to their efficiency in seamless and reliable communication networks across various industries, including agriculture, manufacturing, energy & utility, and many more.
Which vertical has the largest market size of the mesh gateway market?
The vertical manufacturing will showcase the largest market size during the forecast period.
What region is expected to have a high adoption of the mesh gateway market share?
Asia Pacific is expected to grow with the highest CAGR during the forecast period.
Who are the leaders in the mesh gateway market?
Eaton (Ireland), Honeywell International, Inc. (US), Siemens (Germany), Emerson Electric Co. (US), and Schneider Electric SE (France) are some of the key players in the mesh gateway market.

 

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
19
RESEARCH METHODOLOGY
23
EXECUTIVE SUMMARY
33
PREMIUM INSIGHTS
37
MARKET OVERVIEW
40
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Rise in number of internet users
    - Increasing demand for fast and secure networks
    - Rise in industrial automation
    RESTRAINTS
    - Higher initial cost and complex setup
    OPPORTUNITIES
    - Increasing adoption by SMEs
    CHALLENGES
    - Data security and privacy concerns
  • 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS
  • 5.4 PRICING ANALYSIS
    AVERAGE SELLING PRICE OF MESH GATEWAY HARDWARE
  • 5.5 VALUE CHAIN ANALYSIS
    RESEARCH, DESIGN, AND DEVELOPMENT
    COMPONENT MANUFACTURING
    MESH GATEWAY ASSEMBLY
    DISTRIBUTION AND SALES
    CUSTOMER SUPPORT
  • 5.6 ECOSYSTEM ANALYSIS
  • 5.7 INVESTMENT AND FUNDING SCENARIO
  • 5.8 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGY
    - Mesh networking protocol
    COMPLEMENTARY TECHNOLOGY
    - Edge computing
    ADJACENT TECHNOLOGY
    - WiFi
  • 5.9 PATENT ANALYSIS
  • 5.10 TRADE ANALYSIS
    IMPORT SCENARIO
    EXPORT SCENARIO
  • 5.11 TARIFF AND REGULATORY LANDSCAPE
    TARIFF DATA
  • 5.12 REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.13 KEY CONFERENCES AND EVENTS, 2024–2025
  • 5.14 CASE STUDY ANALYSIS
  • 5.15 PORTER'S FIVE FORCES ANALYSIS
    INTENSITY OF COMPETITIVE RIVALRY
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    THREAT OF SUBSTITUTES
    THREAT OF NEW ENTRANTS
  • 5.16 KEY STAKEHOLDERS & BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
CONNECTIVITY PROTOCOLS IN MESH GATEWAY
66
  • 6.1 INTRODUCTION
  • 6.2 ZIGBEE
  • 6.3 THREAD
  • 6.4 WI-FI
  • 6.5 OTHERS
MESH GATEWAY MARKET, BY OFFERING
68
  • 7.1 INTRODUCTION
  • 7.2 HARDWARE
    RELIABLE DATA FLOW DUE TO INTERCONNECTED NODES – KEY DRIVER
  • 7.3 SERVICES
    CONTINUOUS MONITORING AND UPDATES – KEY DRIVERS
MESH GATEWAY MARKET, BY LOCATION TYPE
74
  • 8.1 INTRODUCTION
  • 8.2 INDOOR
    FOCUS ON SAFETY AND EFFICIENCY IN INDOOR INDUSTRIAL OPERATIONS TO PROPEL MARKET
  • 8.3 OUTDOOR
    END-TO-END CONNECTIVITY BENEFITS TO BOOST SEGMENT
MESH GATEWAY MARKET, BY APPLICATION
78
  • 9.1 INTRODUCTION
  • 9.2 REMOTE MONITORING
    INCREASING NEED FOR MONITORING AND REPORTING ACROSS VERTICALS TO DRIVE MARKET
  • 9.3 ASSET TRACKING & MANAGEMENT
    NEED FOR ENHANCED SECURITY AND LOSS PREVENTION – KEY SEGMENT DRIVERS
  • 9.4 PREDICTIVE MAINTENANCE
    INCREASING APPLICATION IN INDUSTRIAL VERTICAL TO DRIVE MARKET
  • 9.5 SMART GRID MANAGEMENT
    INCREASING APPLICATION OF FAULT DETECTION AND MANAGEMENT TO DRIVE MARKET
  • 9.6 SUPPLY CHAIN MANAGEMENT
    INCREASING NEED TO ACHIEVE SUSTAINABILITY TO DRIVE MARKET
  • 9.7 TRAFFIC MANAGEMENT
    NEED FOR REAL-TIME DATA EXCHANGE BETWEEN TRAFFIC CONTROL DEVICES TO DRIVE MARKET
  • 9.8 OTHER APPLICATIONS
MESH GATEWAY MARKET, BY END-USE INDUSTRY
88
  • 10.1 INTRODUCTION
  • 10.2 ENERGY & UTILITIES
    IMPROVED OPERATIONAL EFFICIENCY TO DRIVE SEGMENT
  • 10.3 MANUFACTURING
    INCREASING NEED FOR REAL-TIME MONITORING AND CONTROL TO DRIVE SEGMENT
  • 10.4 RETAIL & LOGISTICS
    WIDE-SCALE APPLICATION IN INVENTORY MANAGEMENT TO BOOST GROWTH
  • 10.5 TRANSPORTATION
    INCREASING NEED FOR EFFICIENCY, SAFETY, AND SERVICE QUALITY TO DRIVE MARKET
  • 10.6 AGRICULTURE
    DEMAND FOR CONNECTIVITY ACROSS REMOTE AGRICULTURAL FIELDS TO FUEL MARKET
  • 10.7 METALS & MINING
    IMPROVED SAFETY, EFFICIENCY, AND PRODUCTIVITY TO DRIVE MARKET
  • 10.8 OTHER END-USE INDUSTRIES
MESH GATEWAY MARKET, BY REGION
98
  • 11.1 INTRODUCTION
  • 11.2 NORTH AMERICA
    US
    - Market driven by increasing use of innovative solutions and presence of mesh gateway providers
    CANADA
    - Strict government regulations and continuous technological development to drive market
    MEXICO
    - Wide adoption in industrial applications – key growth driver
    RECESSION IMPACT ON MARKET IN NORTH AMERICA
  • 11.3 EUROPE
    UK
    - Increasing investment in digital technology and automation in country to boost market
    GERMANY
    - Market growth result of surge in deployment of mesh gateway in Industrie 4.0
    SPAIN
    - High demand for home automation and government initiatives to grow awareness about mesh gateway
    FRANCE
    - Increased industrial spending to boost mesh gateway demand
    REST OF EUROPE
    RECESSION IMPACT ON MARKET IN EUROPE
  • 11.4 ASIA PACIFIC
    CHINA
    - Booming wireless network industry to propel market
    JAPAN
    - Rising adoption of industrial solutions for improved productivity and process optimization to boost market
    INDIA
    - Consistent development of frameworks for mesh gateway applications to drive market
    SOUTH KOREA
    - Funding for research & development and mesh gateway infrastructure to fuel growth
    AUSTRALIA
    - Increase in home automation applications of mesh gateway to drive market
    REST OF ASIA PACIFIC
    RECESSION IMPACT ON MARKET IN ASIA PACIFIC
  • 11.5 REST OF THE WORLD
    SOUTH AMERICA
    - Increased focus on connectivity and networking technologies to fuel market growth
    GCC
    - Government funding for research & development to boost market
    REST OF MIDDLE EAST & AFRICA
    RECESSION IMPACT ON ROW
COMPETITIVE LANDSCAPE
124
  • 12.1 OVERVIEW
  • 12.2 KEY STRENGTHS/RIGHT TO WIN, 2020–2023
  • 12.3 REVENUE ANALYSIS, 2023
  • 12.4 MARKET SHARE ANALYSIS, 2023
  • 12.5 COMPANY VALUATION AND FINANCIAL METRICS
  • 12.6 BRAND/PRODUCT COMPARATIVE ANALYSIS
  • 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
  • 12.8 COMPANY FOOTPRINT: KEY PLAYERS, 2023
    COMPANY FOOTPRINT
    OFFERING FOOTPRINT
    APPLICATION FOOTPRINT
    END-USE INDUSTRY FOOTPRINT
    REGION FOOTPRINT
  • 12.9 COMPANY EVALUATION MATRIX: KEY STARTUPS/SMES, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023
    - Key startups/SMEs
    - Competitive benchmarking of key startups/SMEs
  • 12.10 COMPETITIVE SCENARIOS AND TRENDS
    PRODUCT LAUNCHES
    DEALS
    OTHERS
COMPANY PROFILES
146
  • 13.1 KEY PLAYERS
    EATON
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    HONEYWELL INTERNATIONAL, INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    SIEMENS
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    EMERSON ELECTRIC CO.
    - Business overview
    - Products/Solutions/Services Offered
    - Recent developments
    - MnM view
    SCHNEIDER ELECTRIC SE
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    ADVANTECH CO., LTD.
    - Business overview
    - Products/Solutions/Services offered
    HDL AUTOMATION
    - Business overview
    - Products/Solutions/Services offered
    RSAE LABS INC.
    - Business overview
    - Products/Solutions/Services offered
    WIREPAS LTD
    - Business overview
    - Products/Solutions/Services Offered
    DRYAD NETWORKS GMBH
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    ASIARF CO., LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
  • 13.2 OTHER PLAYERS
    PHOENIX CONTACT
    WESTERMO
    TUYA INC.
    ACKCIO
    DUSUNIOT
    SENET
    RAJANT CORPORATION
    QUECTEL
    NEXCOM INTERNATIONAL CO., LTD
    WEIDMUELLER GROUP
    DIGI INTERNATIONAL, INC.
    KERLINK SA
    MILESIGHT
    SHANGHAI MXCHIP INFORMATION TECHNOLOGY CO., LTD.
    ACTILITY
APPENDIX
183
  • 14.1 DISCUSSION GUIDE
  • 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 14.3 CUSTOMIZATION OPTIONS
  • 14.4 RELATED REPORTS
  • 14.5 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 MESH GATEWAY MARKET: ECOSYSTEM ANALYSIS
  • TABLE 2 MARKET: KEY PATENTS, 2020–2024
  • TABLE 3 MFN TARIFFS FOR HS CODE 851762. - MACHINE FOR THE RECEPTION, CONVERSION, TRANSMISSION, OR REGENERATION OF VOICE, IMAGE, OR OTHER DATA, INCLUDING SWITCHING AND ROUTING APPARATUS EXPORTED BY US
  • TABLE 4 MFN TARIFFS FOR HS CODE 851762. - MACHINE FOR THE RECEPTION, CONVERSION, TRANSMISSION, OR REGENERATION OF VOICE, IMAGE, OR OTHER DATA, INCLUDING SWITCHING AND ROUTING APPARATUS EXPORTED BY CHINA
  • TABLE 5 MFN TARIFFS FOR HS CODE 851762. - MACHINE FOR THE RECEPTION, CONVERSION, TRANSMISSION, OR REGENERATION OF VOICE, IMAGE, OR OTHER DATA, INCLUDING SWITCHING AND ROUTING APPARATUS EXPORTED BY GERMANY
  • TABLE 6 MFN TARIFFS FOR HS CODE 851762. - MACHINE FOR THE RECEPTION, CONVERSION, TRANSMISSION, OR REGENERATION OF VOICE, IMAGE, OR OTHER DATA, INCLUDING SWITCHING AND ROUTING APPARATUS EXPORTED BY UK
  • TABLE 7 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 8 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 9 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 10 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 11 MESH GATEWAY MARKET: KEY CONFERENCES AND EVENTS, 2024–2025
  • TABLE 12 EATON ENHANCES MINING OPERATIONS WITH MESH GATEWAY DEPLOYMENT
  • TABLE 13 MARKET: PORTER'S FIVE FORCES ANALYSIS
  • TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES (%)
  • TABLE 15 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES
  • TABLE 16 MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 17 MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 18 MESH GATEWAY HARDWARE MARKET, 2020–2023 (MILLION UNITS)
  • TABLE 19 MESH GATEWAY HARDWARE MARKET, 2024–2029 (MILLION UNITS)
  • TABLE 20 INDOOR MESH GATEWAY MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 21 MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 22 OUTDOOR MESH GATEWAY MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 23 MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 24 HARDWARE: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 25 HARDWARE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 26 SERVICES: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 27 SERVICES: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 28 MARKET, BY LOCATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 29 MESH GATEWAY MARKET, BY LOCATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 30 INDOOR: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 31 INDOOR: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 32 OUTDOOR: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 33 OUTDOOR: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 34 MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
  • TABLE 35 MESH GATEWAY MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 36 REMOTE MONITORING: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 37 REMOTE MONITORING: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 38 ASSET TRACKING & MANAGEMENT: MESH GATEWAY, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 39 ASSET TRACKING & MANAGEMENT: MESH GATEWAY, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 40 PREDICTIVE MAINTENANCE: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 41 PREDICTIVE MAINTENANCE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 42 SMART GRID MANAGEMENT: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 43 SMART GRID MANAGEMENT: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 44 SUPPLY CHAIN MANAGEMENT: MESH GATEWAY MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 45 SUPPLY CHAIN MANAGEMENT: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 46 TRAFFIC MANAGEMENT: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 47 TRAFFIC MANAGEMENT: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 48 OTHER APPLICATIONS: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 49 OTHER APPLICATIONS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 50 MESH GATEWAY MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
  • TABLE 51 MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
  • TABLE 52 ENERGY & UTILITIES: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 53 ENERGY & UTILITIES: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 54 MANUFACTURING: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 55 MANUFACTURING: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 56 RETAIL & LOGISTICS: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 57 RETAIL & LOGISTICS: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 58 TRANSPORTATION: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 59 TRANSPORTATION: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 60 AGRICULTURE: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 61 AGRICULTURE: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 62 METALS & MINING: MESH GATEWAYS MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 63 METALS & MINING: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 64 OTHER END-USE INDUSTRIES: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 65 OTHER END-USE INDUSTRIES: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 66 MESH GATEWAY MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 67 MESH GATEWAYS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 68 NORTH AMERICA: MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
  • TABLE 69 NORTH AMERICA: MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
  • TABLE 70 NORTH AMERICA: MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 71 NORTH AMERICA: MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 72 NORTH AMERICA: MARKET, BY SERVICE, 2020–2023 (USD MILLION)
  • TABLE 73 NORTH AMERICA: MARKET, BY SERVICE, 2024–2029 (USD MILLION)
  • TABLE 74 NORTH AMERICA: MESH GATEWAY MARKET, BY LOCATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 75 NORTH AMERICA: MARKET, BY LOCATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 76 NORTH AMERICA: MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
  • TABLE 77 NORTH AMERICA: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 78 NORTH AMERICA: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 79 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 80 EUROPE: MESH GATEWAY MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
  • TABLE 81 EUROPE: MESH GATEWAYS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
  • TABLE 82 EUROPE: MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 83 EUROPE: MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 84 EUROPE: MARKET, BY SERVICE, 2020–2023 (USD MILLION)
  • TABLE 85 EUROPE: MARKET, BY SERVICE, 2024–2029 (USD MILLION)
  • TABLE 86 EUROPE: MARKET, BY LOCATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 87 EUROPE: MARKET, BY LOCATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 88 EUROPE: MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
  • TABLE 89 EUROPE: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 90 EUROPE: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 91 EUROPE: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 92 ASIA PACIFIC: MESH GATEWAY MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
  • TABLE 93 ASIA PACIFIC: MESH GATEWAYS MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
  • TABLE 94 ASIA PACIFIC: MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 95 ASIA PACIFIC: MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 96 ASIA PACIFIC: MARKET, BY SERVICE, 2020–2023 (USD MILLION)
  • TABLE 97 ASIA PACIFIC: MARKET, BY SERVICE, 2024–2029 (USD MILLION)
  • TABLE 98 ASIA PACIFIC: MARKET, BY LOCATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 99 ASIA PACIFIC: MARKET, BY LOCATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 100 ASIA PACIFIC: MESH GATEWAY MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
  • TABLE 101 ASIA PACIFIC: MESH GATEWAYS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 102 ASIA PACIFIC: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 103 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 104 ROW: MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
  • TABLE 105 ROW: MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
  • TABLE 106 ROW: MARKET, BY OFFERING, 2020–2023 (USD MILLION)
  • TABLE 107 ROW: MARKET, BY OFFERING, 2024–2029 (USD MILLION)
  • TABLE 108 ROW: MARKET, BY SERVICE, 2020–2023 (USD MILLION)
  • TABLE 109 ROW: MESH GATEWAY MARKET, BY SERVICE, 2024–2029 (USD MILLION)
  • TABLE 110 ROW: MESH GATEWAYS MARKET, BY LOCATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 111 ROW: MARKET, BY LOCATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 112 ROW: MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
  • TABLE 113 ROW: MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 114 ROW: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 115 ROW: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 116 MESH GATEWAY MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
  • TABLE 117 MESH GATEWAYS MARKET: DEGREE OF COMPETITION, 2023
  • TABLE 118 MARKET: RANKING ANALYSIS, 2023
  • TABLE 119 MARKET: OFFERING FOOTPRINT
  • TABLE 120 MARKET: APPLICATION FOOTPRINT
  • TABLE 121 MARKET: END-USE INDUSTRY FOOTPRINT
  • TABLE 122 MARKET: REGION FOOTPRINT
  • TABLE 123 MARKET: KEY STARTUPS/SMES
  • TABLE 124 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 125 MARKET: PRODUCT LAUNCHES, JANUARY 2020–APRIL 2024
  • TABLE 126 MESH GATEWAY MARKET: DEALS, JANUARY 2020–APRIL 2024
  • TABLE 127 MESH GATEWAYS MARKET: OTHERS, JANUARY 2020–APRIL 2024
  • TABLE 128 EATON: COMPANY OVERVIEW
  • TABLE 129 EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 130 HONEYWELL INTERNATIONAL, INC.: COMPANY OVERVIEW
  • TABLE 131 HONEYWELL INTERNATIONAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 132 HONEYWELL INTERNATIONAL, INC.: DEALS
  • TABLE 133 SIEMENS: COMPANY OVERVIEW
  • TABLE 134 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 135 SIEMENS: PRODUCT LAUNCHES
  • TABLE 136 SIEMENS: DEALS
  • TABLE 137 SIEMENS: OTHERS
  • TABLE 138 EMERSON ELECTRIC CO.: COMPANY OVERVIEW
  • TABLE 139 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 140 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES
  • TABLE 141 EMERSON ELECTRIC CO.: DEALS
  • TABLE 142 EMERSON ELECTRIC CO.: OTHERS
  • TABLE 143 SCHNEIDER ELECTRIC SE.: COMPANY OVERVIEW
  • TABLE 144 SCHNEIDER ELECTRIC SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 145 ADVANTECH CO., LTD.: COMPANY OVERVIEW
  • TABLE 146 ADVANTECH CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 147 HDL AUTOMATION: COMPANY OVERVIEW
  • TABLE 148 HDL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 149 RSAE LABS INC.: COMPANY OVERVIEW
  • TABLE 150 RSAE LABS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 151 WIREPAS LTD: COMPANY OVERVIEW
  • TABLE 152 WIREPAS LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 153 DRYAD NETWORKS GMBH: COMPANY OVERVIEW
  • TABLE 154 DRYAD NETWORKS GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 155 DRYAD NETWORKS GMBH: OTHERS
  • TABLE 156 ASIARF CO., LTD: COMPANY OVERVIEW
  • TABLE 157 ASIARF CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 158 ASIARF CO., LTD: PRODUCT LAUNCHES
  • TABLE 159 ASIARF CO., LTD: OTHERS
LIST OF FIGURES
 
  • FIGURE 1 MARKET SEGMENTATION
  • FIGURE 2 PROCESS FLOW: MESH GATEWAY MARKET ESTIMATION
  • FIGURE 3 RESEARCH DESIGN
  • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
  • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
  • FIGURE 6 DATA TRIANGULATION
  • FIGURE 7 HARDWARE TO ACCOUNT FOR LARGER SHARE OF MESH GATEWAYS MARKET DURING FORECAST PERIOD
  • FIGURE 8 INDOOR LOCATION TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 9 PREDICTIVE MAINTENANCE SEGMENT TO HAVE HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 10 MANUFACTURING SEGMENT TO GROW FASTEST DURING FORECAST PERIOD
  • FIGURE 11 ASIA PACIFIC MESH GATEWAY MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 12 INCREASING INVESTMENTS IN MANUFACTURING TO DRIVE GROWTH OF MARKET
  • FIGURE 13 HARDWARE TO COMMAND LARGEST MARKET DURING FORECAST PERIOD
  • FIGURE 14 PREDICTIVE MAINTENANCE AND CHINA HELD LARGEST SHARE OF ASIA PACIFIC MESH GATEWAYS MARKET IN 2023
  • FIGURE 15 MANUFACTURING SEGMENT TO HOLD DOMINANT SHARE DURING FORECAST PERIOD
  • FIGURE 16 INDOOR SEGMENT TO HOLD MAJOR MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 17 SOUTH KOREA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 18 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 19 MESH GATEWAY MARKET: DRIVERS AND THEIR IMPACT
  • FIGURE 20 GLOBAL INTERNET PENETRATION RATE, BY REGION
  • FIGURE 21 MARKET: RESTRAINTS AND THEIR IMPACT
  • FIGURE 22 MARKET: OPPORTUNITIES AND THEIR IMPACT
  • FIGURE 23 MARKET: CHALLENGES AND THEIR IMPACT
  • FIGURE 24 REVENUE SHIFT IN MESH GATEWAYS MARKET
  • FIGURE 25 AVERAGE INDICATIVE SELLING PRICE ANALYSIS, 2020–2029 (USD)
  • FIGURE 26 AVERAGE SELLING PRICE OF MESH GATEWAY BY KEY PLAYERS
  • FIGURE 27 MARKET: VALUE CHAIN ANALYSIS
  • FIGURE 28 MESH GATEWAY MARKET: STAKEHOLDERS IN ECOSYSTEM
  • FIGURE 29 INDUSTRIAL WIRELESS NETWORKING FUNDING FROM 2020 TO 2023
  • FIGURE 30 PATENTS APPLIED AND GRANTED: MESH GATEWAYS MARKET, 2014–2024
  • FIGURE 31 IMPORTS, BY KEY COUNTRY, 2019–2022 (USD THOUSAND)
  • FIGURE 32 EXPORTS, BY KEY COUNTRY, 2019–2022 (USD THOUSAND)
  • FIGURE 33 MARKET: PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 34 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES
  • FIGURE 35 KEY BUYING CRITERIA FOR THE TOP THREE END-USE INDUSTRIES
  • FIGURE 36 MARKET FOR SERVICES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
  • FIGURE 37 INDOOR MESH GATEWAY MARKET TO HAVE HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 38 PREDICTIVE MAINTENANCE SEGMENT TO GROW FASTEST DURING FORECAST PERIOD
  • FIGURE 39 MESH GATEWAY MARKET FOR MANUFACTURING TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 40 MESH GATEWAYS MARKET IN SOUTH KOREA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 41 ASIA PACIFIC TO DOMINATE MARKET BY 2029
  • FIGURE 42 NORTH AMERICA: MARKET SNAPSHOT
  • FIGURE 43 MARKET: EUROPE SNAPSHOT
  • FIGURE 44 MARKET: ASIA PACIFIC SNAPSHOT
  • FIGURE 45 MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023 (USD MILLION)
  • FIGURE 46 MESH GATEWAY MARKET SHARE ANALYSIS, 2023
  • FIGURE 47 COMPANY VALUATION AND FINANCIAL METRICS, 2024
  • FIGURE 48 EV/EBITDA OF KEY VENDORS, 2024
  • FIGURE 49 TOP TRENDING BRANDS/PRODUCTS
  • FIGURE 50 MESH GATEWAYS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 51 MARKET: COMPANY FOOTPRINT
  • FIGURE 52 MESH GATEWAY MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
  • FIGURE 53 EATON: COMPANY SNAPSHOT
  • FIGURE 54 HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT
  • FIGURE 55 SIEMENS: COMPANY SNAPSHOT
  • FIGURE 56 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
  • FIGURE 57 SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT
  • FIGURE 58 ADVANTECH CO., LTD.: COMPANY SNAPSHOT

 

Four main activities were undertaken to determine the size of the mesh gateway market. Initial extensive secondary research gathered data on the market, peer market, and parent market. Following this, validation of these findings, assumptions, and sizing occurred through primary research involving industry experts across the value chain. Utilizing both top-down and bottom-up approaches, the global market size was estimated. Subsequently, market breakdown and data triangulation were employed to determine the sizes of segments and subsegments within the market.

Secondary Research

Secondary sources for this research study encompass corporate filings (including annual reports, investor presentations, and financial statements), trade publications, professional associations, white papers, accredited publications, articles authored by reputable sources, directories, and databases. Secondary data was gathered and analyzed to ascertain the overall market size, subsequently corroborated through primary research.

Primary Research

Following a comprehensive secondary research phase to comprehend and analyze the mesh gateway market landscape, extensive primary research was conducted. This involved numerous interviews with key opinion leaders representing both demand- and supply-side vendors across four primary regions: North America, Asia Pacific, Europe, and RoW (comprising the GCC, Rest of Middle East & Africa, and South America). Subsequent to engaging with industry experts, concise sessions were held with seasoned independent consultants to validate the primary findings. These efforts, combined with insights from in-house subject matter experts, culminated in the findings detailed in the remainder of this report.

Mesh Gateway Market
 Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up methodologies have been employed to estimate and validate the overall size of the mesh gateway market. These approaches were also extensively utilized to determine the sizes of various market subsegments. The research methodology utilized to estimate the market sizes encompasses the following:

Market Size Estimation Methodology-Top-Down Approach

Mesh Gateway Market
 Size, and Top-Down Approach

Market Size Estimation Methodology-Bottom-Up Approach

Mesh Gateway Market
 Size, and Bottom-Up Approach

Data Triangulation

After determining the overall market size through the previously outlined market size estimation processes, the market has been subdivided into multiple segments and subsegments. Data triangulation and market breakdown procedures were used to finalize the overall market engineering process and ascertain precise statistics for each market segment and subsegment. This triangulation involved examining various factors and trends from both the demand and supply perspectives.

The market has been divided into multiple segments and subsegments following the determination of the overall market size, utilizing the market size estimation methodologies outlined previously. Data triangulation and market breakdown techniques were used to finalize the overall market engineering process and attain precise statistics for each market segment and subsegment. Triangulation of data has been achieved through an examination of diverse factors and trends from both demand and supply perspectives.  

Market Definition

A mesh gateway is a networking device that is a bridge between different network segments or protocols within a mesh network. In mesh networks, which are decentralized and self-healing, each node can communicate with others directly or indirectly, creating a resilient topology. Mesh gateways enable communication between the mesh network and external networks, such as the Internet or other non-mesh infrastructures. They often handle tasks such as routing data between mesh nodes, managing network traffic, and providing connectivity to devices outside the mesh network.

Key Stakeholders

  • Mesh gateway manufacturers 
  • Mesh gateway component providers 
  • Technology investors 
  • Governments and financial institutions 
  • Analysts and strategic business planners 
  • Existing end users and prospective ones  
  • Mesh gateway-related associations, organizations, forums, and alliances 
  • Venture capitalists, private equity firms, and start-up companies 
  • Distributors and traders 
  • Research institute and organization

Report Objectives

  • To define, describe, and forecast the overall mesh gateway market based on offering, location type, application, and end-use industry in terms of value and volume
  • To forecast the size of the market for North America, Europe, Asia Pacific, and the Rest of the World (RoW) in terms of value
  • To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the mesh gateway market
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
  • To describe the mesh gateway value chain
  • To analyze opportunities in the market for the stakeholders and provide a detailed competitive landscape of the market
  • To strategically profile key players and comprehensively analyze their market rankings and core competencies2
  • To analyze competitive developments such as product launches, partnerships, and collaborations in the market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of 25 market players

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