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Wi-Fi Hotspot Market Detail Analysis focusing on Key Players Aerohive Networks, Alcatel Lucent, Belkin International, Cisco, Ericsson, Aruba, Huawei Technologies, NETGEAR, Nokia, Ruckus Networks, Ubiquiti Networks, ZTE Corporation

12-20-2018 05:25 AM CET | Media & Telecommunications

Press release from: Global Market Insights, Inc.

/ PR Agency: Global Market Insights, Inc.
Wi-Fi Hotspot Market

Wi-Fi Hotspot Market

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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Leading Players are: -
1. 4ipnet
2. Aerohive Networks
3. Alcatel Lucent
4. Aptilo Networks
5. Belkin International
6. Boingo Wireless
7. Cisco
8. Cloud4Wi
9. Edgecore Networks Corporation
10. Ericsson
11. Aruba, a Hewlett Packard Enterprise company
12. Huawei Technologies
13. iPass
14. Junier Technologies
15. Mojo Networks, Inc.
16. NETGEAR
17. Nokia
18. Open Mesh - a Datto Company
19. Ruckus Networks
20. TP-Link Technologies Co., Ltd
21. Ubiquiti Networks
22. Xirrus
23. ZTE Corporation

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.

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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.

Hardware segment in wi-fi hotspot market is expected to grow significantly over the forecast time with a CAGR of approximately 11%. The hardware market is driven by an increasing demand for mobile hotspot devices. Mobile hotspot devices allow users to connect to the internet service via 3G, 4G, and LTE networks. It is equipped with an LCD screen that displays signal strength, data consumption, and real-time network status. The increasing adoption of Wi-Fi services in automotive and the growing adoption of the smartphones are the major forces accelerating the adoption of mobile Wi-Fi hotspot devices. The software market is anticipated to grow substantially during the projected timeline. The wi-fi hotspot market is propelled by a growing demand for the cloud-based software among enterprises. The cost-effectiveness, scalability, and the flexibility offered by cloud models are the primary factors driving the demand.

Browse Complete Report Summary: https://www.gminsights.com/industry-analysis/wi-fi-hotspot-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.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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