What is WiFi Hotspot Market Scope?
A WiFi hotspot is defined as any area or public place with an accessible wireless network. In recent years, wireless hotspot networks have become incredibly popular as a way to provide internet access in various public areas such as eateries, airports, railways stations, downtown centers, cafes, hotels, businesses and schools, and others. The demand for WiFi hotspots has increased, due to the increasing adoption of wifi hotspots in public places. For instance, according to estimates prepared by digital media platform DigiAnalysys, in India, the public WiFi hotspots in the country is anticipated to see the sevenfold jump to more than 21 lakh by 2021. Therefore, the rising demand for WiFi hotspot in public places will, in turn, propel the growth of the WiFi hotspot market.
The WiFi Hotspot market study is being classified, by Application (Commercial {Trains, Hotels, Planes, Municipalities, Retail, Airports, Cafes} and Community {Residential, Business}) and major geographies with country level break-up.
The global WiFi hotspot market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global WiFi Hotspot market throughout the predicted period.
Aptilo Networks AB (Sweden), Boingo Wireless, Inc. (United States), Brocade Communications Systems, Inc. (United States), Cisco Systems, Inc. (United States), Hewlett Packard Enterprise Company (United States), Huawei Technologies Co. Ltd. (China), iPass, Inc. (United States), NETGEAR Inc. (United States), Nokia Corporation (Finland) and Ericsson (Sweden) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Ipnet Solutions Ltd (Israel), Aerohive Network (United States), Alcatel-Lucent S.A (France), Belkin International, Inc. (United States), ZTE Corporation (China), cnPilot Xirrus (United States) and TP-Link Technologies Co., Ltd. (China).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global WiFi Hotspot market by Type, Application and Region.
On the basis of geography, the market of WiFi Hotspot 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).
In 2017, Cisco Systems, Inc. (United States) Company has extended its partnership with Ericsson to include a new Wi-Fi solution and Evolved Wi-Fi Networks. Therefore, this partnership will affect the growth of the market in the future.
Influencing Market Trend
- Technology Advancement regarding WiFi Hotspot
Market Drivers
- Growing Adoption of Bring Your Own Device and Advanced Network Infrastructure
- The Market for Mobile and Smart Phones is Growing Rapidly
Opportunities
- Governments Smart City Plan Initiatives and Rising Wi-Fi Demand
Restraints
- Stringent Government Rules as well as Regulations
Challenges
- Problem regarding Poor User Experience in High-Density Environments
- Issue related to Slow Adoption among Small Enterprise
Key Target Audience
Manufacturers of WiFi Hotspot, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others
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