According to IMARC Group’s latest report, titled “Wi-Fi Hotspot Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027. the global wi-fi hotspot market reached a value of US$ 3.98 Billion in 2021. A Wi-Fi hotspot is an internet access point that allows users to connect to wireless or mobile broadband networks. It provides reliable and high-speed internet access, offers affordable internet, and can connect to multiple devices and has wide-area coverage. It also helps service providers to improve customer retention, build brand awareness, make pay-as-you-go transactions, and create partnerships with mobile operators. As a result, it finds application in various industries ranging from telecom and IT, financial services, education, healthcare, hospitality and transportation to the retail industry.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The global Wi-Fi hotspot market is primarily driven by the increasing adoption of bring-your-own-devices (BYOD). Besides this, Wi-fi hotspot reduces the expenses associated with establishing digital infrastructure facilities with the employees and allows them to use their assets for a more responsible and amenable work environment. In addition to this, growing digitization and improving smart infrastructure systems are also propelling the market growth. Moreover, with the deployment of 5G networks, Wi-Fi hotspots are widely used across public spaces like coffee shops, libraries, retail stores, hotels, and airports, which is providing positive growth to the market across the globe. Looking forward, IMARC Group expects the market to reach US$ 11.76 Billion by 2027, exhibiting at a CAGR of 19.7% during 2022-2027.
Competitive Landscape:
- Aptilo Networks
- Enea AB
- AT&T Inc.
- Boingo Wireless Inc.
- CASA Systems
- Cisco Systems Inc.
- Cloud4Wi Inc.
- D-Link Corporation
- Huawei Technologies Co.Ltd
- iPass Inc. (Pareteum Corporation)
- Netgear Inc.
- Sierra Wireless Inc,
- Superloop Limited
- Telefonaktiebolaget LM Ericsson
- Telstra Corporation Limited
Key Market Segmentation:
Breakup by Component:
- Wireless Hotspot Gateways
- Wireless Hotspot Controllers
- Mobile Hotspot Devices
Breakup by Software:
- Centralized Hotspot Management
- Wi-fi Security Software
- Wi-fi Hotspot Billing Software
- Cloud Based Hotspot Management
Breakup by Services:
- Professional Service
- Installation and Integration Services
- Consulting Services
- Managed Services
Breakup by End User:
- Communication Service Provider and Network Operators
- Enterprises
- Government
Breakup by Vertical:
- IT and Telecom
- Financial Services
- Education
- Healthcare
- Hospitality
- Transportation
- Retail
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
