ResearchMoz added Latest Research Report titled " Global Mobile Hotspot Router Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.
Albany, NY -- (SBWIRE) -- 10/03/2016 -- A mobile hotspot is a compact wireless router that enables end-users to avail high-speed internet services without any wires, because devices are connected via 3G or 4G mobile connections. It provides connectivity within a range of 30-33 feet and allows end-users to connect multiple Wi-Fi-enabled devices to a single router, thereby helping reduce the overall cost of internet services. A mobile hotspot router is a specifically designed portable, pocket-sized device with an inbuilt battery. The main use of a mobile hotspot router is to provide connectivity to multiple users, allowing a wide range of devices to access data from the internet.
The global mobile hotspot router market to grow at a CAGR of 19.26% during the period 2016-2020. Mobile hotspots convert 4G or long-term evolution (LTE) signals to Wi-Fi. The functioning of mobile hotspots depends on the availability of LTE networks. For instance, in the US, AT&T and Verizon have the largest LTE network coverage compared to other network providers such as Sprint and T-Mobile. Therefore, users opt for networks with the largest coverage area and fastest mobile network.
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The report covers the present scenario and the growth prospects of the global mobile hotspot router market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of standalone mobile hotspot routers and the sales of bundled devices sold by device manufacturers.
The market is divided into the following segments based on geography:
Technavio's report, Global Mobile Hotspot Router Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Huawei Technologies
- Novatel Wireless
- TP-LINK Technologies
Other prominent vendors
- Hame Technology
- Karma Mobility
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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