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Global Wi-Fi Hotspot Market is Projected to Grow at a CAGR of Around 16 % T... PowerPoint PPT Presentation


Global Wi-Fi hotspot market is expected to reach USD 4 billion over the forecast period and it is projected to grow at an approximate CAGR of over 16% over the forecast period of 2016 to 2024. Surging use of mobile phones, tablets, and smart devices are expected to remain a key driving factor for market growth over the forecast period.

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Global Wi-Fi Hotspot Market is Projected to Grow at a CAGR o...

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Global wi fi hotspot market is projected to grow at a cagr of around 16 till 2024 research report by hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Global Wi-Fi Hotspot Market Analysis, Size, Share, Growth,

Industry Trends and Forecast to 2024 | Hexa Research

The global Wi-Fi hotspot market is expected to reach USD 4 billion over the forecast

period and it is projected to grow at an approximate CAGR of over 16% over the

forecast period of 2016 to 2024. Surging use of mobile phones, tablets, and smart

devices are expected to remain a key driving factor for market growth over the forecast

period.

Increasing adoption of Wi-Fi hotspot market is expected to have the wide scope of

applications in end–use industries such as public places, hospital, retail and education

sectors. Increasing mobile data usage is also expected to spur the market growth over

the next eight years.

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Global wi fi hotspot market is projected to grow at a cagr of around 16 till 2024 research report by hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

Increased speeds, increased capacities, and reduced latencies, increased mobility and

increasing the quality of service are the key drivers expected to increase the demand

over the forecast period. Development of advanced network infrastructure is expected

to be a key driver for the growth of network operators.

Restraints in the Wi-Fi hotspots market are owing to security concerns and meeting the

bandwidth requirement of the applications.

Browse Detail Report@

https://www.hexaresearch.com/upcoming-research/wi-fi-hotspot-market

Security concerns are due to data interception, misconfigured access points and

wireless phishing. High infrastructure network cost, high maintenance cost, and high

procurement cost are anticipated to hinder the market growth.

The shifting trend from mobile data usage to Wi-Fi hotspot or mobile hotspot for high

quality and easy access are expected to offer lucrative growth opportunities to the

industry participants. Multipath interference and high radio frequency range are

expected to be the major challenges in the Wi-Fi hotspot market.

The market creates substantial opportunities over the forecast period. In a social,

growing smartphone world, the pattern of arrangement of broadband connections is

shifting and creating new requirements for the network operator.

The market has been classified on the basis of components such as gateways,

controllers, and mobile devices. The controller specifies the location and size of the

network, gateway caters authentication and authorization and mobile devices connect

the nearby wireless device with the wireless network.

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Global wi fi hotspot market is projected to grow at a cagr of around 16 till 2024 research report by hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

The market has been classified on the basis of software such as Wi-Fi security

software, centralized hotspot management, Wi-Fi hotspot billing software, and cloud-

based hotspot management. Wi-Fi security software provides confidentiality, data

integrity, access control, encryption, and authentication.

Wi-Fi hotspot billing software generates the bill for the utilized data in a cyclic process.

Cloud-based hotspot management is expected to drive the market over the forecast

period. It is primary to ease the remote management of wireless network and it provides

high network visibility, easy control, and low operational cost. Installation of Wi-Fi

through cloud-based hotspot management reduces the cost of wifi and also enables the

enterprise to have more flexibility and security.

The market has been segmented on the basis of industry vertical such as IT and

telecom, education, healthcare, hospitality, transportation, retail and financial services.

Surging IT & telecom sectors are expected to the drive the market for the next eight

years.

The market has been segmented on the basis of service such as installation service,

consulting service and professional service. Expertise is guided to provide service to

the end-user.

The market has been segmented on the basis of end-use industries includes network

operators and service providers, which provide the wireless network connections to the

enterprises.

North America is expected to have significant growth over the forecast period owing to

increasing demand for cloud-based management software. The U.S. is expected to be

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Global wi fi hotspot market is projected to grow at a cagr of around 16 till 2024 research report by hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

a dominating market over the forecast period owing to the development of innovative

technologies offering advanced hardware and software for wireless networks.

The service providers are efficient in some of the countries such as China, Taiwan, and

the U.S. Asia Pacific is also expected to have a substantial growth over the forecast

period owing to increasing usage of smartphone, tablet, and other smart devices.

Some of the major players in the market include Ericsson, Cisco System, Ruckus

Wireless, NovAtel, Franklin Wireless Corp., Samsung Electronics Co., NetComm

Wireless Ltd., Huawei Technologies Co. Ltd., ZTE Corp., and Sierra Wireless Inc.

The leading player Cisco has undergone acquisition with Think Smart Technologies to

enhance the Cisco’s network infrastructure. ThinkSmart technologies are expected to

enhance the wireless network by providing location information and analytics to service

provider and enterprise customer.

Browse Related Category Market Reports @

https://www.hexaresearch.com/research-category/communication-services-industry

About Us:

Hexa Research is a market research and consulting organization, offering industry reports,

custom research and consulting services to a host of key industries across the globe. We offer

comprehensive business intelligence in the form of industry reports which help our clients obtain

clarity about their business environment and enable them to undertake strategic growth

initiatives.

Contact Us:

Ryan Shaw

Hexa Research

Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


Global wi fi hotspot market is projected to grow at a cagr of around 16 till 2024 research report by hexa research

Hexa Research

Fact-based market research, penetrating industry insights and validated

forecasts to help you make better decisions for a stronger future

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Phone: +1-800-489-3075

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Contact: +1-800-489-3075

Email : [email protected]

Website: http://www.hexaresearch.com/


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