Press release
What are Some of the Main Driving Factors Fueling Wi-Fi Hotspot Market Growth?
Wi-Fi Hotspot Market
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Wi-Fi Hotspot market includes hardware, software, and services. Hardware accounts for more than 55% share in the market. The growing adoption of gateways, access points, and cloud access points among the enterprises and residential users is the major factor supporting the market. These devices have been used by the users to provide authorization, accounting, and authentication for a wireless network.
The major players operating in the Wi-Fi Hotspot market -
1. Aerohive Networks
2. Alcatel Lucent
3. Belkin International
4. Cisco
5. Edgecore Networks Corporation
6. Ericsson
7. Aruba, a Hewlett Packard Enterprise company
8. Huawei Technologies
9. NETGEAR
10. Nokia
11. Ruckus Networks
12. TP-Link Technologies Co., Ltd
13. Ubiquiti Networks
14. ZTE Corporation
Major Key Points from Table of Content:
Chapter 4. Competitive Landscape
4.1. Introduction
4.2. Company market share, 2017
4.3. Major market players
4.3.1. Cisco
4.3.2. Huwaei
4.3.3. HPE
4.3.4. Ruckus Wireless
4.3.5. Nokia Networks
4.4. Market challengers
4.4.1. Ubiquiti Networks
4.4.2. Netgear
4.4.3. TP-Link
4.4.4. ZTE
4.5. Other prominent vendors
Chapter 5. Wi-Fi Hotspot Market, By Component
5.1. Key trends, by component
5.2. Hardware
5.2.1. Market estimates and forecast, 2013 - 2024
5.2.2. Gateways
5.2.2.1. Market estimates and forecast, 2013-2024
5.2.3. Controllers
5.2.3.1. Market estimates and forecast, 2013-2024
5.2.4. Mobile Hotspot devices
5.2.4.1. Market estimates and forecast, 2013-2024
5.3. Software
5.3.1. Market estimates and forecast, 2013 - 2024
5.3.2. Hotspot management software
5.3.2.1. Market estimates and forecast, 2013-2024
5.3.3. Security software
5.3.3.1. Market estimates and forecast, 2013-2024
5.3.4. Billing software
5.3.4.1. Market estimates and forecast, 2013-2024
5.3.5. Cloud-based software
5.3.5.1. Market estimates and forecast, 2013-2024
5.4. Service
5.4.1. Market estimates and forecast, 2013 - 2024
5.4.2. Professional service
5.4.2.1. Market estimates and forecast, 2013-2024
5.4.3. Managed service
5.4.3.1. Market estimates and forecast, 2013-2024
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The mobile hotspot devices are anticipated to attain CAGR of over 17% during the projected timespan. The advancements in WLAN technology and the growing incorporation of IoT devices are driving the adoption of the Wi-Fi Hotspot among the residential and business space. The advancements in technology have allowed the Wi-Fi technology to interconnect multiple devices into a network. Moreover, the rapid adoption of the mobile hotspot devices into the automotive also augments their demand in the Wi-Fi Hotspot market.
Wi-Fi Hotspot is being widely used in the commercial and community spaces. The commercial application holds over 15% share in the Wi-Fi Hotspot market. The rapid deployment of Hotspots across the public spaces to provide free internet access to the individuals is the primary factor driving the market growth. Moreover, the supportive government initiatives for the development of network infrastructure and digitalization also act as a major factor propelling the demand for the Wi-Fi Hotspot in the commercial space.
Europe is leading the regional landscape with a share of over 35% in the Wi-Fi Hotspot market. The growth of the market is credited to the widespread adoption of Hotspot devices in public places such as restaurants, cafes, hotels, and retail stores. Furthermore, the existence of well-developed digital infrastructure fosters the demand for Hotspot devices. Asia Pacific is anticipated to grow at a CAGR of over 15% during the forecast timespan. The growing demand from the developing countries including India and China propels the market growth. Moreover, the rising adoption of internet services and smartphone in the region also augments the demand for Wi-Fi Hotspot.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
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.
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