About WiFi Hotspot
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global WiFi Hotspot 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.
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 that are part of study coverage. Additionally, the Players which are also part of the research coverage 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 Overview
AMA Research has segmented the market of Global WiFi Hotspot market by , Application (Commercial {Trains, Hotels, Planes, Municipalities, Retail, Airports, Cafes} and Community {Residential, Business}) 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). If we see Market by Industry Vertical, the sub-segment i.e. Education will boost the WiFi Hotspot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware {Wireless Hotspot Gateways, Wireless Hotspot Controllers, Mobile Hotspot Devices, Others} will boost the WiFi Hotspot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size , the sub-segment i.e. SMEs will boost the WiFi Hotspot market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement regarding WiFi Hotspot
Market Growth Drivers:
Growing Adoption of Bring Your Own Device and Advanced Network Infrastructure and The Market for Mobile and Smart Phones is Growing Rapidly
Challenges:
Problem regarding Poor User Experience in High-Density Environments and Issue related to Slow Adoption among Small Enterprise
Restraints:
Stringent Government Rules as well as Regulations
Opportunities:
Governments Smart City Plan Initiatives and Rising Wi-Fi Demand
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.
Key Target Audience
Manufacturers of WiFi Hotspot, Research and Development (R&D) Companies, Research Organization, Federal Agencies 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.