Mesh Gateway Market Poised for Explosive Growth with 13.6% CAGR by 2030

The mesh gateway market is experiencing significant growth, driven by increasing demand for robust wireless networks and IoT connectivity. The market size is projected to reach $1.98 billion in 2026, up from $1.74 billion in 2025, with a compound annual growth rate (CAGR) of 13.9%. This expansion has been fueled by the widespread adoption of smart homes, the need for extended network coverage, and the surge in IoT deployments.

Looking ahead, the market is expected to grow rapidly, reaching $3.3 billion by 2030 at a CAGR of 13.6%. This anticipated growth is supported by the development of smart city initiatives, expansion of industrial IoT networks, increasing use of edge computing, and the need for scalable wireless infrastructure.

Several prominent companies are driving the mesh gateway market, including Siemens AG, Xiaomi Corporation, Schneider Electric SE, and Cisco Systems Inc. In April 2024, Cisco acquired Isovalent, a leader in cloud-native networking and security, to enhance its capabilities in cloud-native networking and observability.