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Mobile Hotspot Router Market : Global Demand, Growth Analysis & Opportunity Outlook 2023

Published On : 06:44 AM, 9th October, 2017 REP-ID-218 Category: ICT & Electronics

Global Mobile Hotspot Router Market Overview

Mobile hotspot is a pocket-sized wireless router that enables multiple wi-fi enabled devices to connect with a single router. The main use of a mobile hotspot router is to provide connectivity to multiple users in order to reduce over-all cost of internet services. Mobile hotspot convert 4G signal to wi-fi is allowing a wide range of devices to access data from the internet. Mobile hotspot router provides connectivity within a range of 30 to 33 feet. Mobile hotspot router reduces the risks that are possible when anybody enters the password and banking information over a free public wi-fi network. It can also be used while travelling, increase in average time spent in traveling, including the time spent commuting to work and journeys, has boosted the demand of mobile hotspot router market across the globe.

                Global Mobile Hotspot Router Market Share (2016-2023) Graph

Market Size & Forecast

The global mobile hotspot router market is estimated to reach over USD 5.1 Billion by the end of 2023 witnessing a compound annual growth rate of 20.2% over the forecast period i.e. 2016-2023. In terms of volume, global mobile hotspot router market has crossed 90 million units in 2015.

Projecting a share of 40% in total volume consumption in 2015, Asia Pacific is anticipated to dominate the global market over the forecast period followed by North America and Europe owing to the increasing number of mobile subscribers and high internet penetration. In 2015, North America and Europe together accounted revenue share of 55% to the global mobile hotspot router market.  

Bundled devices segment is anticipated to contribute highest market share over the forecast period, the segment accounted for 70% share of total volume consumption in 2014. Standalone devices segment is anticipated to be the fastest growing segment over the forecast period.

Mobile hotspots are equipped with features such as power bank and GPS for location identification process, not all devices in the market are equipped with these features. However, mobile hotspot manufacturers are focused on developing technologically advanced products with long battery life and wide range of connectivity.

Global Mobile Hotspot Router Market Segmentation

  • By Type

Standalone Devices 

Bundled Devices 

  • End-User 

            Domestic Users 
            Commercial Users

  • Distribution Channel     

Multi-Brand Store 
Online Store 
Others 

 

By Region

Global Mobile Hotspot Router Market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa ( GGC, South Africa, North Africa ) Market size, Y-O-Y growth & Opportunity Analysis

Growth Drivers and Challenges

The era of digitalization is changing the environment of enhanced connectivity infrastructure. Internet has become an integral part of day to day life and business.  Owing to the 3 billion internet users world-wide, the need for better network infrastructure will further expand the demand for mobile hotspot router across the globe.

Increasing use of electronic gadgets such as laptops and tablets coupled with the emerging wireless technologies such as 3G and 4G is driving the need for the network infrastructure, this will further spur the demand for mobile hotspot over the globe. Development of e-commerce such as online shopping through portable devices also contributed to impulse growth to the mobile hotspot router market

Increased security over public wi-fi access point, advantage to access wireless internet from anywhere at any time, features such as inbuilt battery and memory space are some factors that are attracting consumers towards the use of mobile hotspot router.

Issues related to authentication, security, low connectivity, network performance, network management in mobile hotspot router may hamper the growth of mobile hotspot router market. 

Key Players

  • Huawei Technologiesss
  • NETGEAR
  • TP-LINK Technologies 
  • ZTE Corporation
  • Beetel Teletech Limited 
  • Alcatel 
  • Hame 
  • Karma 
  • Belkin International, Inc. 
  • Novatel Wireless, Inc.

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

  • By Type Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

By Regions

Global Mobile Hotspot Router Market has been studied on countries and regions like:

  • North America (U.S., Canada) Market Size & Y-O-Y Growth Analysis
  • Latin America (Mexico, Brazil, Rest of Latin America) Market Size & Y-O-Y Growth Analysis
  • Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size & Y-O-Y Growth Analysis
  • Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia) Market Size & Y-O-Y Growth Analysis
  • Middle East and North Africa (MENA) Market Size & Y-O-Y Growth Analysis
  • Rest of World  Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

                 Key Answers Captured in Report?

Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

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