Wi-Fi Hotspot Market Projected to Reach $8256 Million at 18.5% CAGR Till 2026 | Global Key Company’s (Aerohive Networks, Aptilo Networks, Aruba Networks, Boingo Wireless, Brocade Communications Systems, Ericsson, Ipass)

Global Wi-Fi Hotspot Market Overview
Global Wi-Fi Hotspot Market is accounted for $1,790.48 million in 2017 and is expected to reach $8256.00 million by 2026 growing at a CAGR of 18.5% during the forecast period. Increasing use of cell phones and smart devices, growing adoption of Wi-Fi hotspots by the retail, hospitality & education sectors and adoption of carrier Wi-Fi by the network operators for data traffic offload are the key driving factors for the market growth. However, meeting the bandwidth requirement of the applications and security issues are some of the factors hindering the market growth.

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Industry Insights:
A Wifi hotspot is a physical location where people may obtain Internet access, typically using Wi-Fi technology, via a wireless local area network (WLAN) using a router connected to an internet service provider. Public hotspots may be created by a business for use by customers, such as coffee shops or hotels. Public hotspots are typically created from wireless access points configured to provide Internet access, controlled to some degree by the venue. In its simplest form, venues that have broadband Internet access can create public wireless access by configuring an access point (AP), in conjunction with a router and connecting the AP to the Internet connection. A single wireless router combining these functions may suffice. Private hotspots may be configured on a smartphone or tablet with a mobile network data plan to allow Internet access to other devices via Bluetooth pairing or if both the hotspot device and the device/s accessing it are connected to the same Wi-Fi network.

Major Players:
Some of the key players profiled in the Wi-Fi Hotspot Market include Aerohive Networks, Aptilo Networks, Aruba Networks, Boingo Wireless Inc, Brocade Communications Systems Inc, Cisco Systems Inc, Ericsson, Huawei Technologies Co Ltd, Ipass Inc, Motorola Solutions, Netgear Inc, Nokia Corporation (Alcatel-Lucent S.A.), Ruckus Wireless and Ubiquiti Networks.

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Market Segmentation:
Based on Component, the Wireless hotspot gateways segment accounted for considerable market share during the forecast period. A hotspot gateway is a device that provides authentication, authorization and accounting for a wireless network. This can keep malicious users off of a private network even in the event that they are able to break the encryption. A wireless hotspot gateway helps solve guest user connectivity problems by offering instant Internet access without the need for configuration changes to the client computer or any resident client-side software. Geographically, The Asia-Pacific market is expected to grow at the highest CAGR during the forecast period owing to the growth in access of internet; increase in number of mobile subscribers, rise in acceptance of internet communication-oriented services such as Snapchat and WhatsApp, and large share of mobile data traffic..

Components Covered:
• Mobile hotspot devices
• Wireless hotspot controllers
• Wireless hotspot gateways
• Other Components

Services Covered:
• Installation and Integration Services
• Managed Services
• Professional Services
• Consulting Services

Softwares Covered:
• Wi-Fi security software
• Wi-Fi hotspot billing software
• Cloud based hotspot management
• Centralized hotspot management

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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