Global Wi-Fi Hotspot Market 2024-2028
The Wi-Fi hotspot market is forecasted to grow by USD 6,353.29 mn during 2023-2028, accelerating at a CAGR of 16.7% during the forecast period. The report on the Wi-Fi hotspot market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in development of smart cities, increasing adoption of smart home-connected systems, and growing demand for smartphones and other mobile devices.
Technavio's Wi-Fi hotspot market is segmented as below:
By Application
- IT and telecom
- Financial services
- Education
- Healthcare
- Others
By Component
- Wireless hotspot gateways
- Wireless hotspot controllers
- Mobile hotspot devices
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the increasing number of public Wi-Fi hotspots as one of the prime reasons driving the Wi-Fi hotspot market growth during the next few years. Also, growing proliferation of IoT and increasing adoption of Wi-Fi 6 will lead to sizable demand in the market.
The report on the Wi-Fi hotspot market covers the following areas:
- Wi-fi hotspot market sizing
- Wi-fi hotspot market forecast
- Wi-fi hotspot market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Wi-Fi hotspot market vendors that include ALE International, AT and T Inc., Boingo Wireless Inc., Casa Systems Inc., Cisco Systems Inc., Cloud4Wi Inc., CommScope Holding Co. Inc., D Link Corp., Enea AB, EnGenius Technologies Inc., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Netgear Inc., Nokia Corp., Sierra Wireless Inc., Superloop Ltd., Syntegra Services, Telefonaktiebolaget LM Ericsson, Telstra Corp. Ltd., and ZTE Corp.. Also, the Wi-Fi hotspot market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.