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(IT-NEWSWIRE.COM, September 14, 2018 ) The Global Wi-Fi Hotspot Market was valued at USD 1817.38 million in 2016 and is projected to reach USD 7611.32 million by 2025, growing at a CAGR of 17.25% from 2017 to 2025.
A hotspot is a physical location wherein those who have authentication can obtain access to the internet. The internet is usually obtained using Wi-Fi technology via a WLAN network (wireless local area network) which can be done using a router that is connected to a particular internet service provider. There are several benefits to using a hotspot, some of which include having reliable and high-speed internet access on-the-go, affordable internet access, the ability for the internet to connect to multiple devices and wide coverage internet.
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The increase in the number of smart devices and smartphone users has led to an increase in the adoption of Wi-Fi and mobile hotspots. Other factors such as the growing demand for internet from economies of largely populated areas such as the APAC and the MEA regions drive the market for Wi-Fi hotspot. The security concerns, fulfillment of required bandwidth of application and the hotspot provider authentication are factors that lead to restraint in the market growth for Wi-Fi hotspot.
Competitive Landscape:
The major players in the market are as follows:
Aruba Networks com Nokia Networks Tenrox Boingo Wireless, Inc. Oracle Corporation Netgear Autotask Corporation Cisco Systems Inc. Ericsson
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Source: EmailWire.Com
Source: EmailWire.com
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