Aug 18, 2021 (Market Insight Reports) -- Global "Wi-Fi Hotspot Market" 2021 report presents an exclusive analysis of market size, revenue, production, consumption, gross margin, and price. The report offers elaborative data of leading market players analysis and key factors that will affect the industry growth. The report provides insights into industry revenue returns, growth patterns, competitive market status, and development opportunities. The Wi-Fi Hotspot market report encompasses research methodologies, PESTLE and Porter's Five Forces analysis, product scope, CAGR status. The report offers a quantitative analysis of key countries according to their revenue share and the latest technology advancements in each region.
The Global Wi-Fi Hotspot market size report provides a complete assessment of the industry including definitions, classifications, applications, and industry chain structure, which is beneficial for companies regardless of their size and revenue. This Global survey report covering the major Wi-Fi Hotspot market growth insights and industry approach towards COVID-19 in the upcoming years.
The report highlights major key players and manufacturers and the latest strategies including new product launches, partnerships, joint ventures, technology, segmentation in terms of region and industry competition, profit and loss ratio, and investment ideas. The report is a comprehensive and informative study on the current state of the global Wi-Fi Hotspot market with emphasis on the global industry. A precise evaluation of effective manufacturing techniques, with market growth rate, size, revenue, sales, and value chain analysis.
Global Wi-Fi Hotspot Market to reach USD 9.94 Billion by 2027. Global Wi-Fi Hotspot Market is valued approximately at USD 3.31 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 17.01% over the forecast period 2021-2027. Wi-Fi hotspot is a wireless access point which is connected in order to access internet. Mobile hotspot is also a type of hotspot which shares the cellular data from an iPhone and Android, just as if they were a wireless router, other devices can connect to it to get online. These are installed on public locations such as libraries, airports, hotels, and cafes. Increase in the number of cellular devices and smart devices is a major factor for the market. The number of smartphone users worldwide is more than 6 billion and is expected to grow more by several hundred million in the next few years. Increasing mobility in business because of adoption of the Bring Your Own Device (BYOD) is also driving the market for Wi-Fi hotspot market. But the number of increased connected devices will be responsible for increasing the complexity of the networks which is a restraining factor for the market. Also, security issues associated with the use of wireless network are expected to restrain hotspots adoption because these has increased incidents of fraudulent activities such as data interception, misconfigured apps and wireless phishing which will hamper the market growth. Demand from customers for uninterrupted internet connectivity will give the market opportunities to grow more in coming years. Also, introduction of mobile hotspots with advanced features is expected to boost the market in the forecasted periods.
The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Wi-Fi Hotspot market. The North America Wi-Fi hotspot market is the leader in the market and generated highest revenue because of growth in enterprise mobility and extensive wireless connectivity. The Asia Pacific Wi-Fi hotspot market is expected to grow significantly in the forecasted period owing to the increased penetration of internet, increase in the number of smartphone users and rise in adoption of internet communication-oriented services is fueling the growth in the region.
Major market player included in this report are
Aptilo Networks AB
Boingo Wireless, Inc.
Brocade Communications Systems, Inc.
Cisco Systems, Inc.
Hewlett Packard Enterprise Company
Huawei Technologies Co. Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End User
Communication Service Provider & Network Operators
Telecom and IT