Latest Technology : Mobile Hotspot Router Market Globally Grow at a CAGR of 19.26% by Revenue During the Period 2017-2020

ALBANY, NY, April 6, 2017 : A mobile hotspot is a compact wireless router that enables end-users to avail high-speed internet services without any wires, because devices are connected via 3G or 4G mobile connections. It provides connectivity within a range of 30-33 feet and allows end-users to connect multiple Wi-Fi-enabled devices to a single router, thereby helping reduce the overall cost of internet services. A mobile hotspot router is a specifically designed portable, pocket-sized device with an inbuilt battery. The main use of a mobile hotspot router is to provide connectivity to multiple users, allowing a wide range of devices to access data from the internet. Mobile hotspots convert 4G or long-term evolution (LTE) signals to Wi-Fi. The functioning of mobile hotspots depends on the availability of LTE networks. For instance, in the US, AT&T and Verizon have the largest LTE network coverage compared to other network providers such as Sprint and T-Mobile. Therefore, users opt for networks with the largest coverage area and fastest mobile network.

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Technavios analysts forecast the global mobile hotspot router market to grow at a CAGR of 19.26% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global mobile hotspot router market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of standalone mobile hotspot routers and the sales of bundled devices sold by device manufacturers.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Mobile Hotspot Router Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Huawei Technologies
NETGEAR
Novatel Wireless
TP-LINK Technologies
ZTE

Other prominent vendors
Alcatel
Hame Technology
Karma Mobility

Market driver
Enhanced connectivity infrastructure
For a full, detailed list, view our report

Market challenge
Data security and privacy issues
For a full, detailed list, view our report

Market trend
Pay-as-you-go business model
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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