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Portable Automotive Wi-Fi Routers Market to Witness an Outstanding Growth by 2016 - 2026 : Persistence Market Research
Portable Automotive Wi-Fi Routers Market, Portable Automotive Wi-Fi Routers, Wi-Fi Routers
Portable Automotive Wi-Fi Routers Market: Drivers and Challenges
The thriving automotive industry creates strong opportunities for the portable automotive Wi-Fi routers market. Escalating sales of commercial and passenger vehicles is expected to significantly boost the unit sales of the portable automotive Wi-Fi routers market during the forecast period. The advent of relatively new cellular technology such as 4G and 5G in the mainstream applications is expected to further enhance penetration and revenue sales of portable automotive Wi-Fi routers market during the forecast period.
The presence of relatively cheap alternatives such as the utilization of cell phone to create a hotspot or the utilization of plug-in devices challenge the market growth. With automotive manufacturers focusing on the introduction and integration of built-in broadband, the growth in the revenue sales of portable automotive Wi-Fi routers can be further challenged. However, owing to the relatively high price of in-built and integrated systems, the adoption of portable automotive Wi-Fi routers is expected to be relatively high between 2016 and 2026
Wireless Connectivity Market: Key Players
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Wireless Connectivity Market: Regional Overview
The market of portable automotive Wi-Fi routers is also segmented on the basis of region. Among all the regions, North America and Western Europe collectively account for a high revenue contribution during the forecast period. Western Europe portable automotive Wi-Fi routers market is creating relatively moderate opportunities owing to the moderate growth in term of sales and increasing adoption of electric cars with inbuilt connectivity solutions. The recuperating automotive sales in North America is expected to create strong revenue opportunities for portable automotive Wi-Fi router manufacturers, during the forecast period. Though the aforementioned market account for dominating share, Asia Pacific portable automotive Wi-Fi routers market is expected to witness high growth in terms of both value and volume. China, India and ASEAN based economies have witnessed significant developments in terms of automobile connectivity in the past years. With thriving automobile sales, these markets are expected to create significant revenue opportunities. Latin America and Middle East portable automotive Wi-Fi routers market are expected to witness steady growth, creating relatively high opportunities during the market forecast.
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