The advent of mobile hotspots and opportunities in the Asia-Pacific region present new pathways in the market. The surge in utilization of smart devices, significant rise in adoption in hospitality, retail, and education sectors, and adoption of carrier Wi-Fi by the network operators facilitate the growth in the market.
Major market players such as – Aptilo Networks AB, Netgear Inc., Boingo Wireless, Inc., Brocade Communications Systems, Inc., Cisco Systems, Inc., iPass, Inc., Hewlett Packard Enterprise Company, Nokia Corporation, Huawei Technologies Co. Ltd., and Ericsson.
The global Wi-Fi hotspot market garnered $2.03 billion in 2017 and is estimated to reach $5.19 billion by 2023, growing at a CAGR of 16.9% from 2017 to 2023.
Based on regions, North America accounted for more than one-third of the total share in 2017 and will maintain its leadership status throughout the forecast period. This is due to increase in utilization of smart devices in the region along with surge in adoption of Wi-Fi hotspots in various sectors. However, Asia-Pacific is expected to grow at the fastest rate, with a CAGR of 17.9% from 2017 to 2023, owing to significant increase in number of mobile subscribers and opportunities in emerging countries such as China, Japan, and others.
Download Sample Report (Get Full Insights in PDF – 176 Pages) at:
https://www.alliedmarketresearch.com/request-sample/774
Based on verticals, the telecom & IT sector contributed more than half of the total market share in 2017 and will maintain its dominant position in terms of revenue during the forecast period. This is due to the reliance on connectivity of internet to carry out business operations and the requirement regarding improvement of productivity and services. The research also analyzes financial services, education, healthcare, hospitality, transportation, retail, and others.
Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/774
Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
>> LIMITED-TIME OFFER << Buy Now & Get Exclusive Discount on this Premium Report
Thanks for reading this article; you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.