(MoneyNewsWire.Net, May 05, 2016 ) A mobile hotspot is a hardware device that allows users to connect to the internet from anywhere and at any time. It enables the user to connect multiple mobile computing devices, such as smartphones, tablets, and laptops, via Wi-Fi. Hence, they are also termed Mi-Fi. Also, they are easy to operate and do not require any software to be uploaded on the connected device, unlike USB sticks. 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.
Technavios analysts forecast the global mobile hotspot market to grow at a CAGR of 24.69% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global mobile hotspot market during 2016-2020. To calculate the market size, the report considers the number of unit shipments of mobile hotspots, like mobile hotspot routers and USB sticks that connect multiple devices.
The market is divided into the following segments based on geography: Americas APAC EMEA
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Technavio's report, Global Mobile Hotspot 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 ZTE
Market driver Rise in demand for mobile computing devices For a full, detailed list, view our report
Market challenge Increase in availability of public Wi-Fi hotspots For a full, detailed list, view our report
Market trend Rise in mobile data traffic For a full, detailed list, view our report
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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Table Of Content
PART 01: Executive summary Highlights PART 02: Scope of the report Base year Market coverage Market size calculation Geographical segmentation Vendor segmentation Common currency conversion rates PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market landscape Market overview Market size and forecast Analysis Five forces analysis PART 06: Market segmentation by product type Mobile hotspot router USB stick PART 07: Market segmentation sales type Bundled products Standalone products PART 08: Geographical segmentation Americas EMEA APAC PART 09: Market drivers Rise in demand for mobile computing devices Product differentiation Increase in mobility Rise in adoption of BYOD and BYOA policies Pay-as-you-go business model PART 10: Impact of drivers PART 11: Market challenges Increase in availability of public Wi-Fi hotspots Data security and privacy issues Connectivity issues Mobile devices with integrated wireless hotspots High tariff plans PART 12: Impact of drivers and challenges PART 13: Market trends Rise in mobile data traffic Emergence of next-generation wireless networks Rise in mobile cloud computing Increased average time spent in traveling PART 14: Vendor landscape Competitive scenario
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