Sarasota, FL -- (SBWire) -- 09/26/2016 --The report covers forecast and analysis for the mobile hotspot router market on a global and regional level. According to the report, the global mobile hotspot router market was valued at approximately USD 1.42 billion in 2014 and is expected to reach approximately USD 4.74 billion by 2020, growing at a CAGR of around 22.50% between 2015 and 2020. In terms of volume, global mobile hotspot router market stood at approximately 85.69 million units in 2014. The study includes drivers and restraints for the mobile hotspot router market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the mobile hotspot router market on a global level.
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Past few years has experienced unmatched growth in the number of wireless users, network access technologies and applications. The mobile hotspot router market is mainly driven by the increasing demand for wireless broadband. At present, wireless or mobile broadband services are experiencing impressive growth leading a tremendous increase in data traffic. This rising surge of traffic is driven by the increasing number of mobile subscribers, mainly smartphone users. Growth of e-commerce through portable devices has also fueled the growth of global mobile hotspot router market. However, some issues related to authentication, security, low last mile connectivity, network performance, network management in mobile hotspot router may hamper the growth of mobile hotspot router market.
In order to give the users of this report a comprehensive view on the mobile hotspot router market, we have included a detailed competitive scenario, and mobile hotspot router type portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the mobile hotspot router market has also been included. The study encompasses a market attractiveness analysis, wherein type segments are benchmarked based on their market size, growth rate and general attractiveness. Moreover, the study covers product portfolio of various companies along with patent analysis (2011-2016) bifurcated into patent trend, patent share by company and patent analysis according to region.
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On the basis of types, the global mobile hotspot router market is divided into standalone devices and bundled devices. The bundled devices segment was the leading type segment, which accounted for 70.11% share of total volume consumption in 2014. The standalone devices segment of mobile hotspot router is the fastest growing segment of the market through the forecast period due to its benefits like it is independent of any hardware like computer, printer, modem, or other device.
With over 36.90% shares in total volume consumption, Asia Pacific was the largest market in terms of demand of mobile hotspot router. Due to rising number of mobile subscribers and high penetration of mobile internet led Asia Pacific to dominate the mobile hotspot router market. Asia Pacific was followed by North America and Europe in 2014. North America and Europe together recognized over 53.65% market share in 2014.
The study provides a decisive view on the mobile hotspot router market by segmenting the market based on price range, operating system and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Based on type the market is segmented into standalone devices and bundled devices. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
The report also includes detailed profiles of end players such as Alcatel, D-Link, Huawei Technologies, NETGEAR, Novatel Wireless and ZTE. The detailed description of players includes parameters such as company overview, financial overview, business, and recent developments and SWOT analysis of the company.
This report segments the mobile hotspot router market as follows:
Global Mobile Hotspot Router Market: Type Segment Analysis
Standalone devices
Bundled devices
Global Mobile Hotspot Router Market: Regional Segment Analysis
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
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Global Mobile Hotspot Router Market – Regional Segment Analysis
Mobile Hotspot Router Market by Type (Standalone devices and Bundled devices): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020