Wi-Fi Hotspot Market 2018-2024 Research Study for Forecast Period – (Aerohive Networks, Alcatel Lucent, Belkin International, Cisco, Ericsson, Aruba, a Hewlett Packard Enterprise company, Huawei Technologies, NETGEAR, Nokia, Ruckus Networks, Ubiquiti Ne

The Wi-Fi Hotspot Market is propelled by the growing number of government initiatives to develop high-speed Wi-Fi infrastructure. Government authorities are intensively involved in the development of public Wi-Fi infrastructure to nurture digital inclusion. The governments are deploying millions of Wi-Fi Hotspot devices across public access and government offices to provide free Wi-Fi services. Government organizations are working with telecom service providers, internet service providers, and technology players to provide unlimited economical services to individuals.

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Growth Drivers: -

• Increasing usage of smart devices
• Enhanced adoption of internet for professional and personal work
• Rising trend of BYOD and workforce mobility
• Adoption of carrier Wi-Fi for offloading data traffic
• Rising adoption of Wi-Fi hotspots in the healthcare sector

Technological advancements in the WLAN technology and the increasing integration of IoT devices are also accelerating the adoption of Wi-Fi hotspot devices. Technological advancements in the IoT have allowed the Wi-Fi technology to be used for more than just connecting to internet services. Wi-Fi is used for creating an interconnected network of multiple smart devices. It also transforms smartphones into remote-controlled devices for ACs and televisions and enables communication between multiple devices connected to the Wi-Fi network.

Key industry players involved and promoting the growth of the global Wi-Fi Hotspot Market are as follows:

• 4ipnet
• Aerohive Networks
• Alcatel Lucent
• Aptilo Networks
• Belkin International
• Boingo Wireless
• Cisco
• Cloud4Wi
• Edgecore Networks Corporation
• Ericsson
• Aruba, a Hewlett Packard Enterprise company
• Huawei Technologies
• iPass
• Junier Technologies
• Mojo Networks, Inc.
• NETGEAR
• Nokia
• Open Mesh - a Datto Company
• Ruckus Networks
• TP-Link Technologies Co., Ltd
• Ubiquiti Networks
• Xirrus
• ZTE Corporation

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The commercial application segment is anticipated to register a high growth rate in the wi-fi hotspot market over the projected time. The retail market is expected to grow rapidly due to the widespread adoption of Wi-Fi hotspot services at retail establishments. The retailers are using Wi-Fi-assisted technologies such as the IoT, mobile applications, and POS systems to predict their customer behavior and create a more personalized experience. The residential market is expected to grow due to the increasing data traffic caused by the rising consumption of rich media content. Moreover, the growing disposable income of consumers is also driving the residential market.

The North America region holds a share of more than 25% in the wi-fi hotspot market. The presence of highly-developed network infrastructure along with high penetration of internet service and smartphone adoption fosters the demand for the Wi-Fi Hotspot devices. The widespread adoption of Bring Your Own Devices (BYOD) and enterprise mobility solution among organizations also promote the deployment of Wi-Fi hotspots in the market. In addition, the presence of prominent companies such as Cisco, AT&T, and Verizon is supporting market growth.

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The players operating in the wi-fi hotspot market are Ipass, Aruba Networks, Nokia Networks, Ruckus Wireless, Alcatel-Lucent, Aptilo Networks, Motorola Solutions, Cisco Systems, Netgear, Ericsson, Boingo Wireless, and Ubiquiti Networks. The companies are focused on entering into strategic partnerships with other vendors to strengthen their product capabilities and increase their customer base. For instance, in 2017, Ruckus Networks launched its Technology Ecosystem Partner Program to offer complete and proven solutions for network application needed to complement its Wi-Fi hotspot portfolio and help customers meet critical business needs.

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