Wifi Hotspot Market Forecasts to 2028 – Global Analysis By Service (Managed Services, Professional Service), Data Delivery (<868 MBPS, 868 to 1300 MBPS), End User (Education, Enterprises) and By Geography
According to Stratistics MRC, the Global Wifi Hotspot Market is accounted for $3,324.77 million in 2020 and is expected to reach $1,3460.32 million by 2028 growing at a CAGR of 19.1% during the forecast period. The growing usage of mobile phones and smart devices, growth in the utilization of Wi-Fi hotspots by the retail, hospitality and education sectors, and adoption of carrier Wi-Fi by network operators for data traffic offload are driving the market growth. However, issues associated to data security, high procurement and maintenance cost and meeting the high bandwidth requirement of the applications are hampering the growth of the market.
A Wi-Fi hotspot is a physical spot that is used to access the internet using wireless technology (WLAN) both by laptop or mobile device. Wi-Fi is usually installed in public locations such as airports, libraries, cafes, and hotels.
Based on the component, the software segment is going to have lucrative growth during the forecast period, owing to the increasing acceptance of software solutions between enterprises and the residential sector to be able to access Wi-Fi hotspots. These solutions play an important role in allowing authorized and unauthorized access to the network and improving network security by adding encryption.
By geography, Europe is going to have high growth during the forecast period, due to the high acceptance of Wi-Fi hotspots in public places is supporting the market growth. The existence of a well-developed network infrastructure and a 4G network also encourages acceptance in this province. Furthermore, helpful government initiatives in the province for the advancement of associated public infrastructure also contribute to the market growth in the province.
Some of the key players profiled in the Wifi Hotspot Market include Alcatel-Lucent S.A., Aptilo Networks, Boingo Wireless, Inc, Brocade Communications Systems, Inc. (Ruckus Wireless), Cisco Systems Inc, Ericsson, Hewlett Packard Enterprise Company (Aruba Networks), Huawei Technologies Co. Ltd., Ipass, Inc, Netgear Inc, Nokia Networks, Ruckus Networks, Telefonaktiebolaget Lm Ericsson, The Insight P, Aruba Networks.
• Special Purpose
• WiFi Access Points
• Consulting Services
• Installation and Integration Services
• Managed Services
• Professional Service
Data Delivery’s Covered:
• <868 MBPS
• 868 to 1300 MBPS
End Users Covered:
• Communication Service Provider & Network Operators
• Financial services
• Sports and Leisure
• Telecom and IT
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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