About Mobile Hotspot Router
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.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
CAGR | 17.3% |
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. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mobile Hotspot Router market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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 that are part of study coverage. Additionally, the Players which are also part of the research coverage are ZTE Corporation (China), Sierra Wireless (Canada) and ConnecteDevice Ltd. (Hong Kong).
Segmentation Overview
AMA Research has segmented the market of Global Mobile Hotspot Router market by Type (Standalone Devices and Bundled Devices), Application (Automotive, Industrial, Consumer Goods, Communications, Computer and Others) 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 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in 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.
Influencing Trend:
Introduction of Wireless Technologies Such As 4G And 5G and Growing Demand Due To Development of E-Commerce Such As Online Shopping
Market Growth Drivers:
High Adoption of Electronic Gadgets Such As Laptops and Tablets and Growing Awareness on “Pay As You Go” Business Model
Challenges:
Growing Concern about Authenticity and Security and Increasing Availability of Public Hotspots
Restraints:
Issues Regarding Low Connectivity, Network Performance, Network Management
Opportunities:
Introduction of New Features Such As Inbuilt Battery and Memory Space and Huge Demand Due To Increased Security Over Public Wi-Fi Access Point
Market Leaders and their expansionary development strategies
On 11th June 2020, 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 January 2020, “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 Audience
Mobile Hotspot Router Manufactures, Suppliers and Distributors, Industry Associations, Government Regulatory Bodies, Government and private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.