[FURL=https://www.industryarc.com/Report/19429/jupitermesh-devices-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]JupiterMesh devices market[/FURL] size is forecast to reach $13.2 billion by 2026, and it is estimated to grow at a CAGR of 19.4% during 2021-2026. JupiterMesh is a robust, low-power wireless mesh network for neighborhood area communications provided by the ZigBee Alliance. It is built upon IEEE and IETF standards having advanced technologies such as IPv6, frequency hopping, multi-band operation, authentication, encryption, media access control, open system interconnection, and many others.Key Takeaways
JupiterMesh devices in smart city segment is analyzed to grow at a highest CAGR of 20.1% in the forecast period 2021-2026, owing to the initiatives and investments made by the government for smart city projects, rapid urbanization and others in several regions across the globe.
North America had dominated the global JupiterMesh Devices market in 2020 with a share of around 33.5% and is analyzed to maintain a significant growth during 2021-2026, owing to the early adoption of advanced technology, rising demand for wireless mesh network, growing penetration of IoT and increasing investment in smart city projects in this region.
The investment for Smart city projects are estimated to grow rapidly due to the increasing public safety issues, rapid urbanization, government’s initiatives, increasing concerns for environment and others which will act as a growth driver for JupiterMesh market.
JupiterMesh Devices companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers.
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JupiterMesh Devices Market Segment Analysis - By Geography
North America had dominated the global JupiterMesh Devices market share in 2020 with a share of around 33.5% and is analyzed to maintain a significant growth during 2021-2026, owing to the early adoption of advanced technology, rising demand for wireless mesh network, growing penetration of IoT and increasing investment in smart city projects in this region.
JupiterMesh Devices Market Drivers
High amount of security and reliability is analyzed to drive the market in the forecast period
Growing Investment for Smart City development enhance the growth of the market during the forecast period
JupiterMesh Devices Market Landscape
JupiterMesh devices top 10 companies include Comcast Corporation, Itron Inc., Kroger Co., Landis+Gyr Corporation, Legrand, NXP Semiconductors, Philips Corporation, Schneider Electric, Silicon Labs Inc. SmartThings Inc. Texas Instruments
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