Valued at USD 1,381.62 million in 2023, the mesh gateway market is projected to reach USD 1,532.63 million in 2024 and USD 3,571.65 million by 2032, growing at a CAGR of 11.2% during the forecast period 2024–2032. North America was the largest market in 2023, while Asia-Pacific is expected to record the highest CAGR from 2024 to 2032. This analysis examines segmentation, end-user demand, regional performance and competitive developments across the mesh gateway market.

Market Segmentation Overview

Polaris Market Research segments the mesh gateway market by component (hardware, software and services), location type (indoor and outdoor), application, end user and region. Applications range from remote monitoring and assets tracking and management to supply chain management, smart grid management and traffic management. End users span agriculture, healthcare, transportation, retail and logistics, energy and utilities, manufacturing, metals and mining, and others.

End-User Insights: A Fast-Growing Vertical

The retail and logistics category is expected to witness significant CAGR growth during the forecast years. These sectors are increasingly adopting IoT devices for inventory tracking, fleet management and automation, and mesh gateways serve as critical connectivity infrastructure across expansive retail stores and logistics hubs. They also support smart retail applications, enabling personalized shopping experiences through IoT-connected devices such as smart shelves and inventory management systems, which improves both customer experience and operational efficiency.

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Industrial Connectivity and IIoT Integration

Industrial users rely on mesh gateways for real-time data transmission, remote monitoring and automated processes, as well as for integrating new technologies such as Industrial Internet of Things (IIoT) devices. In June 2023, AsiaRF, established in 1997 and headquartered in Taipei, Taiwan, in collaboration with Morse Micro, introduced the AP7688-WHM Wi-Fi MESH Gateway HaLow end-product, a solution kit designed for AI and Industrial Internet of Things applications. In March 2024, Emerson Electric Co. unveiled its PACSystems IPC 2010 Compact Industrial PC, a ruggedized industrial computer built to support the Industrial Internet of Things and other digital transformation initiatives in manufacturing.

Regional Insights: North America Leads, Asia-Pacific Accelerates

North America accounted for a significant share in 2023, supported by smart home technology adoption, a robust IoT ecosystem spanning healthcare to automotive, and the presence of Honeywell International Inc., Digi International Inc. and Emerson Electric Co. Remote work, online learning and digital entertainment have also heightened demand for stable, high-performance internet connections in residential and commercial settings. The U.S. held the largest national share. In October 2023, Adtran launched its latest service delivery gateways, the SDG 8600 and 8700 Series, built to optimize in-home connectivity with a processor twice as powerful as previous models. In Canada, rapid expansion of IoT applications and the shift to remote work have amplified the need for stable, high-speed connections, and Ackcio offers Ackcio Mesh, a patented long-range wireless mesh communication protocol.

Asia-Pacific is expected to grow at the highest CAGR from 2024 to 2032, as rapid urbanization drives smart city projects that require robust, scalable network infrastructure for applications ranging from traffic management to public safety. NEXCOM International Co., Ltd., Advantech Co., Ltd. and HDL Automation are cited as major players in the region. In July 2019, Advantech launched its UNO-420 data gateway, an ideal solution for integrating legacy equipment with new mesh networks. In India, the National Digital Communication Plan targeted 10 million Wi-Fi hotspots by 2022, and in December 2020 the Union Cabinet approved expanding broadband access through public Wi-Fi networks, while Japan is expected to maintain steady growth through continuing advances in mesh networking technologies.

Competitive Landscape and Key Players

Key companies mesh gateway include Ackcio, Advantech Co., Ltd., AsiaRF Co., Ltd., Digi International Inc., Dryad Networks GmbH, Eaton, Emerson Electric Co., HDL Automation, Honeywell International Inc., Schneider Electric, Siemens, Weidmuller, Wirepas Ltd, Xiaomi and ZTE Corporation. Competitive strategies center on innovation, partnerships, acquisitions and geographic expansion. In March 2025, Genexis acquired Heimgard Technologies’ European residential Wi-Fi business, strengthening its position in the residential Wi-Fi market.

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