Scope of the Study
The period of digitalization is changing the environment of improved connectivity infrastructure. The Internet has become a vital part of personal as well as commercial life. Due to the 3 billion internet users globally, the requirement for enhanced network infrastructure will further increase the demand for mobile hotspot router around the world. These facts will help to boost global mobile hotspot router market in the forecasted period. Mobile hotspot router is a wireless device connected through 4G or 5G mobile connections offering high-speed internet services to its users. A mobile hotspot is a tool in smartphones that allows the user to connect the internet through a wireless or portable device. Hotspot provides on-the-spot connectivity to the internet with the help of cellular network providers. Mobile hotspot router helps to connect several gadgets such as mobiles, laptops, and computers to the network with convenient, simple, and fast internet access at any place. The range of connectivity is 30 to 33 feet and it allows the operator to connect several Wi-Fi permitted devices to a single router.
The market study is being classified by Type (Standalone Devices and Bundled Devices), by Application (Automotive, Industrial, Consumer Goods, Communications, Computer and Others) and major geographies with country level break-up.
Huawei Technologies Co., Ltd. (China), Novatel Wireless, Inc. (United States), NETGEAR (United States), TP-Link Technologies Co., Ltd. (China), Belkin International, Inc. (United States), Karma Mobility, Inc. (United States), D-Link Corporation (Taiwan), XCom Global, Inc. (United States), Franklin Wireless (United States) and Samsung Electronics (South Korea) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are ZTE Corporation (China), Sierra Wireless (Canada) and ConnecteDevice Ltd. (Hong Kong).
The Mobile hotspot router market is fragmented owing to the number of players present in the market. Market players are focusing on the development of advanced wireless router system in order to overcome online threats. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Mobile Hotspot Router market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Mobile Hotspot Router market by Type, Application and Region.
On the basis of geography, the market of Mobile Hotspot Router has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Chanel, the sub-segment i.e. Multi-Brand Store will boost the Mobile Hotspot Router market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Domestic will boost the Mobile Hotspot Router market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- High Adoption of Electronic Gadgets Such As Laptops and Tablets
- Growing Awareness on “Pay As You Go” Business Model
- Introduction of Wireless Technologies Such As 4G And 5G
- Growing Demand Due To Development of E-Commerce Such As Online Shopping
- Issues Regarding Low Connectivity, Network Performance, Network Management
- Introduction of New Features Such As Inbuilt Battery and Memory Space
- Huge Demand Due To Increased Security Over Public Wi-Fi Access Point
- Growing Concern about Authenticity and Security
- Increasing Availability of Public Hotspots
Market Leaders and their expansionary development strategies
On 11th June 2019, NETGEAR®, Inc. the leading provider of networking devices that connect smart homes and small businesses to the world, has announced the availability of a new router designed to keep your network secure from online threats, the Nighthawk® Cybersecurity AC2300 WiFi Router (RS400).
On 25th February 2019, NETGEAR®, Inc., the leading provider of networking devices that power connectivity in the home, at the office, and on the road, has launched of Australia’s fastest 4G device – the NETGEAR Nighthawk M2 mobile router. and 4th January 2019, “D-Link Announces New Mesh-Enabled Exo Lineup Complete with Built-In Security Suite Powered by McAfee. This technology will provide personalize WiFi network to customers and help to protect them from malware, viruses, and phishing schemes that are more prevalent and widespread today."
Key Target AudienceMobile Hotspot Router Manufactures, Suppliers and Distributors, Industry Associations, Government Regulatory Bodies, Government and private Research Organizations and Others
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