Lewes, DE -- (SBWire) -- 04/29/2016 --Report forecast the global mobile hotspot market to grow at a CAGR of 24.69% during the period 2016-2020.
A mobile hotspot is a hardware device that allows users to connect to the internet from anywhere and at any time. It enables the user to connect multiple mobile computing devices, such as smartphones, tablets, and laptops, via Wi-Fi. Hence, they are also termed Mi-Fi. Also, they are easy to operate and do not require any software to be uploaded on the connected device, unlike USB sticks.
Mobile hotspots convert 4G or long-term evolution (LTE) signals to Wi-Fi. The functioning of mobile hotspots depends on the availability of LTE networks. For instance, in the US, AT&T and Verizon have the largest LTE network coverage compared to other network providers such as Sprint and T-Mobile. Therefore, users opt for networks with the largest coverage area and fastest mobile network.
The report covers the present scenario and the growth prospects of the global mobile hotspot market during 2016-2020. To calculate the market size, the report considers the number of unit shipments of mobile hotspots, like mobile hotspot routers and USB sticks that connect multiple devices.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Global Mobile Hotspot Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key players in the Global Mobile Hotspot Market: Huawei Technologies, NETGEAR, Novatel Wireless, and ZTE.
Market driver
- Rise in demand for mobile computing devices
- For a full, detailed list, view our report
Market challenge
- Increase in availability of public Wi-Fi hotspots
- For a full, detailed list, view our report
Market trend
- Rise in mobile data traffic
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 54 pages "Global Mobile Hotspot Market 2016-2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product type, Market segmentation sales type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-mobile-hotspot-market-2016-2020
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