Research Nester has recently announced new market demand assessment research titled “Global Mobile Hotspot Router – Demand, Opportunity, Growth, Future Prospects and Competitive Analysis, 2016 – 2023”.
Mobile hotspot is a pocket-sized wireless router that enables multiple wi-fi enabled devices to connect with a single router. The main use of a mobile hotspot router is to provide connectivity to multiple users in order to reduce over-all cost of internet services. Mobile hotspot convert 4G signal to wi-fi is allowing a wide range of devices to access data from the internet. Mobile hotspot router provides connectivity within a range of 30 to 33 feet. Mobile hotspot router reduces the risks that are possible when anybody enters the password and banking information over a free public wi-fi network. It can also be used while travelling, increase in average time spent in traveling, including the time spent commuting to work and journeys, has boosted the demand of mobile hotspot router market across the globe.
Growth Drivers and Challenges
The era of digitalization is changing the environment of enhanced connectivity infrastructure. Internet has become an integral part of day to day life and business. Owing to the 3 billion internet users world-wide, the need for better network infrastructure will further expand the demand for mobile hotspot router across the globe.
Increasing use of electronic gadgets such as laptops and tablets coupled with the emerging wireless technologies such as 3G and 4G is driving the need for the network infrastructure, this will further spur the demand for mobile hotspot over the globe. Development of e-commerce such as online shopping through portable devices also contributed to impulse growth to the mobile hotspot router market.
Global Mobile Hotspot Router Market Segmentation
Deep dive study has been carried out on the following devices:-
Bundled devicesrowth Analysis
Market Size & Forecast
The global mobile hotspot router market is estimated to reach over USD 5.1 Billion by the end of 2023 witnessing a compound annual growth rate of 20.2% over the forecast period i.e. 2016-2023. In terms of volume, global mobile hotspot router market has crossed 90 million units in 2015.
Projecting a share of 40% in total volume consumption in 2015, Asia Pacific is anticipated to dominate the global market over the forecast period followed by North America and Europe owing to the increasing number of mobile subscribers and high internet penetration. In 2015, North America and Europe together accounted revenue share of 55% to the global mobile hotspot router market.
Global Mobile Hotspot Router Market-research nester is further classified on the basis of region as follows:
Global Mobile Hotspot Router Market has been studied on countries and regions like:
North America (U.S., Canada) Market Size & Y-O-Y Growth Analysis
Latin America (Mexico, Brazil, Rest of Latin America) Market Size & Y-O-Y Growth Analysis
Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size & Y-O-Y Growth Analysis
Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia) Market Size & Y-O-Y Growth Analysis
Middle East and North Africa (MENA) Market Size & Y-O-Y G
Who we are & what we do
Research Nester is a global firm with clients from America, Europe, Asia-Pacific and Middle East. Presence of our clients from global geographies reflects our strong hand in the market research and consulting services.
We believe that every organization can reach to its new horizon provided a right guidance at the right time is available through strategic minds. And, this belief drives us to arrange concrete ground, focusing on the quality, actionable insights and a strong understanding of the market dynamics for our business partners.
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
Source Link: http://www.researchnester.com/reports/mobile-hotspot-router-market-global-demand-growth-analysis-opportunity-outlook-2023/218
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