Deerfield Beach, FL -- (SBWIRE) -- 08/19/2016 -- Wi-Fi hotspot is a physical location providing internet access over wireless local area network (WLAN) through a router linked to a service provider. Wi-Fi Hotspots are used by enterprises, network operators, and communication service providers for data transmission, and delivery of applications over Wi-Fi. Moreover, increasing adoption of Bring your own Device (BYOD), and advanced network infrastructure have boosted the use of Wi-Fi hotspots for internet connectivity. Furthermore, many portable devices, such as laptops and tablets use Wi-Fi hotspots to access high-speed internet services.

There are several drivers, restraints and opportunities influencing the market growth. Today, enterprises rely on Wi-Fi hotspot solutions to manage their network affordably. Additionally, the growing adoption of mobile devices including smartphones and tablets coupled with increasing deployment of Wi-Fi hotspots in industries including education and retail drive the growth of the market. However, lack of awareness has hindered market growth to a greater extent. Rising need of both cloud and mobility applications and rapid growth of IoT would also help the market create growth opportunities.

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The Wi-Fi hotspot market is segmented in terms of software, services, components, industries, end-users, and geography. In terms of services, the market covers consulting services, integration services, managed services and others. Major components covered in the market research report include mobile hotspot devices, wireless hotspot gateways, wireless hotspot controllers, and others. The industries served by the Wi-Fi hotspot market are BFSI, healthcare, hospitality and travel, retail, and others. The software segment discussed in the report consists of Wi-Fi security software, centralized hotspot management, Wi-Fi Hotspot Billing Software, and others. Government, enterprises and network providers are the major end-users of the market. The key geographic regions covered in the report include North America, Europe, Asia-Pacific and LAMEA.

In recent times, major market players are seen investing generously in research and development. Likewise, these brands are also exploring new markets to make their presence felt and increase their customer database. Business strategies such as joint venture, and acquisitions and mergers have further helped the prominent vendors to increase their product portfolio. Some of the many prominent leaders consists of Nokia Networks, Ericsson, Aruba Networks, iPass Inc., Ruckus Wireless, and others.

KEY BENEFITS FOR STAKEHOLDERS

- Extensive evaluation of market entry strategies and effective marketing channels forms an important part of the study

- Descriptive function of the research digs deep into the major drivers, restraints and opportunities, shaping the future of the market worldwideThe study further outlines the technology advancements and policy amendments that determine the market growth and market share

- Extensive information on new markets, launches, collaborations, acquisitions and mergers highlights how enterprises stay competitive

- SWOT analysis of the market brings to the table the weaknesses, strengths, opportunities and threats and also pin points how brands manage of stay competitive

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WI-FI HOTSPOT MARKET KEY SEGMENTS

Market By Component

- Mobile Hotspot Devices
- Wireless Hotspot Gateways
- Wireless Hotspot Controllers
- Others

Market By Service

- Managed services
- Consulting services
- Integration services
- Others

Market By Software

- Wi- Fi Security Software,
- Centralized Hotspot Management
- Wi-Fi Hotspot Billing Software
- Others

Market End-users

- Enterprises
- Network Providers
- Government Bodies

Market By Industry

- BFSI
- Healthcare
- Hospitality and Travel
- Retail
- Others

Market By Geography

- North America
- Europe
- Asia-Pacific
- LAMEA

Key Players

- Nokia Networks
- Alcatel-Lucent
- Cisco Systems Inc.
- Ericsson
- Aruba Networks
- iPass, Inc.
- Ruckus Wireless
- Aptilo Networks
- Netgear
- Boingo Wireless, Inc.

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