Mobile Hotspot Market By Offerings (Component [Mobile Router, Portable Dongles, Others], Software, Service), By End-User (Domestic Use, Professional Use): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 13-Jan-2021 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-5648 Status : Published

The Mobile Hotspot market is set for a rapid growth over the forecast period. In terms of revenue, the Global Mobile Hotspot Market accounted for USD 2,316.42 Million in 2019 and is expected to reach USD 7,253.35 Million by 2026, growing at a CAGR of 17.71%.

Description

The Mobile Hotspot market is set for a rapid growth over the forecast period. In terms of revenue, the Global Mobile Hotspot Market accounted for USD 2,316.42 Million in 2019 and is expected to reach USD 7,253.35 Million by 2026, growing at a CAGR of 17.71%.

Global Mobile Hotspot Market: Overview

Mobile hotspot also known as portable hotspot is an ad hoc wireless access point created by a dedicated hardware system or a smartphone feature that shares the cellular data of the phone. The hardware devices used to create them are officially known as travel or pocket routers. These are sometimes called as mobile hotspot. The shared hotspot can then be used by other nearby appliances to connect to the internet. Mobile hotspot is also referred as Mi-Fis in the United States and some other countries. Travel routers access cellular signals and convert 3G/4G signals to Wi-Fi and vice versa. This creates mobile Wi-Fi networks which can be shared by several users within approximately 10 meters of the device. Mobile hotspot devices and the cellular data plans needed to enable them are provided by most wireless carriers. Another choice is to connect to other devices using a smartphone. Many smartphones allow a mobile hotspot to be generated by tethering, accessing the existing cellular data connection of the phone.

Global Mobile Hotspot Market: Growth Factors

People are always playing brinksmanship games with their mobile battery while at a trade show or on a long day of meetings. One of the most battery-intensive things one can do is hotspot mode, almost ensuring that by the end of the day you'll be looking for a charger/secondary battery. On the other hand, dedicated hotspots also have enough life to operate all day long. Hotspots also tend to provide more security options and support more devices than the hotspot mode on the phone. In case of phones, it can connect up to five devices, however hotspots can support more than ten devices with better supports with VPNs, port forwarding, and parental controls. A hotspot is comfortable if you're setting up a mobile office for a group. In addition, grabbing a hotspot will save you from racking up expensive roaming fees if your business trips take you abroad.

There is no huge difference recently between the Wi-Fi range on market-leading cell phones and hotspots, but a leading hotspot when linked to an inexpensive external antenna receives better LTE reception. A hotspot is a more affordable solution compared to more costly Wi-Fi system. All these factors are predicted to contribute to the market growth.

Global Mobile Hotspot Market: Segmentation

The global Mobile Hotspot market is segmented into offerings, end-user, and region. By offerings, the market is segmented into hardware, software and solution. Of these, the hardware segment accounted for the largest market share due to the adoption of dongles and wireless routers in residential and business segment. The software segment is estimated to grow at a significant rate during the forecast period due to the growing adoption of solutions to ensure security of the network. Moreover, the service market is projected to achieve a steady annual growth rate of more than 13 percent in the near future. The demand among organizations for third-party service providers is the primary factor that will fuel the market. On the basis off end-user, domestic usage is anticipated to grow due to the effects of Covid-19 pandemic in telecom sector, as this has forced many tech companies to allow their employees to work from home, thereby growing the demand for mobile hotspot in residential areas.

Global Mobile Hotspot Market: Regional Analysis

North America, followed by Europe is estimated to dominate the mobile hotspot market. Technological advancement and adoption of wireless routers and dongles by more people in these regions are expected to drive the market growth. Asia Pacific is expected to grow at a faster rate due to the presence of developing economies like China, India, Japan and others. People are aware of advanced technologies and are using dongles and routers for their professional use. This growth has further spiked in the year 2020 as most of the students and teachers and other office going people ended up working and attending classes online. This has accelerated the growth in this region.

Global Mobile Hotspot Market: Competitive Players

Some main participants of the Mobile Hotspot market are Aptilo Networks AB, Cisco Systems, Inc., Nokia Corporation, Huawei Technologies Co. Ltd. Samsung Electronics Ltd., Vodafone Group plc, Reliance Communications, AT&T Inc, NETGEAR Inc., and Ericsson among others.

Global Mobile Hotspot Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1.Preface
    • 1.1.Report Description
    • 1.2.Report Scope
  • Chapter 2.Research Methodulogy
    • 2.1.Research Methodulogy
    • 2.2.Secondary Research
    • 2.3.Primary Research
    • 2.4.Models
      • 2.4.1.Company Share Analysis Model
      • 2.4.2.Revenue Based Modeling
    • 2.5.Research Limitations
  • Chapter 3.Executive Summary
    • 3.1.Global Mobile Hotspot Market, 2016 – 2026 (USD Million)
    • 3.2.Global Mobile Hotspot Market: Snapshot
  • Chapter 4.Mobile Hotspot Market – Industry Analysis
    • 4.1.Introduction
    • 4.2.Market Drivers
    • 4.3.Market Restraints
    • 4.4.Market Opportunities
    • 4.5.Porter’s Five Forces Analysis
    • 4.6.COVID 19 Impact Analysis
  • Chapter 5.Investment Proposition Analysis
    • 5.1.Global Mobile Hotspot Market Attractiveness, By Offerings
    • 5.2.Global Mobile Hotspot Market Attractiveness, By End-User
    • 5.3.Global Mobile Hotspot Market Attractiveness, By Region
  • Chapter 6.Competitive Landscape
    • 6.1.Company Market Share Analysis - 2019
      • 6.1.1.Global Mobile Hotspot Market: Company Market Share, 2019
    • 6.2.Strategic Developments
  • Chapter 7.Mobile Hotspot Market – Offerings Segment Analysis
    • 7.1.Global Mobile Hotspot Market Overview: by Offerings
      • 7.1.1.Global Mobile Hotspot Market Revenue Share, by Offerings, 2019 & 2026
    • 7.2.Global Mobile Hotspot Market Analysis/Overview – By Offerings
      • 7.2.1.Component – Overview/Analysis
      • 7.2.2.Software – Overview/Analysis
      • 7.2.3.Services – Overview/Analysis
    • 7.3.Component
      • 7.3.1.Global Mobile Hotspot Market for Component, Revenue (USD Million) 2016 - 2026
    • 7.4.Software
      • 7.4.1.Global Mobile Hotspot Market for Software, Revenue (USD Million) 2016 – 2026
    • 7.5.Services
      • 7.5.1.Global Mobile Hotspot Market for Services, Revenue (USD Million) 2016 - 2026
  • Chapter 8.Mobile Hotspot Market – End-User Segment Analysis
    • 8.1.Global Mobile Hotspot Market Overview: by End-User
      • 8.1.1.Global Mobile Hotspot Market Revenue Share, by End-User, 2019 & 2026
    • 8.2.Global Mobile Hotspot Market Analysis/Overview – By End-User
      • 8.2.1.Domestic Use – Overview/Analysis
      • 8.2.2.Professional Use – Overview/Analysis
    • 8.3.Domestic Use
      • 8.3.1.Global Mobile Hotspot Market for Domestic Use, Revenue (USD Million) 2016 - 2026
    • 8.4.Professional Use
      • 8.4.1.Global Mobile Hotspot Market for Professional Use, Revenue (USD Million) 2016 - 2026
  • Chapter 9.Mobile Hotspot Market – Regional Analysis
    • 9.1.Global Mobile Hotspot Market: Regional Overview
      • 9.1.1.Global Mobile Hotspot Market Revenue Share, by Region, 2019 & 2026
      • 9.1.2.Global Mobile Hotspot Market Revenue, by Region, 2016 – 2026 (USD Million)
    • 9.2.North America
      • 9.2.1.North America Mobile Hotspot Market Revenue, 2016 - 2026 (USD Million)
      • 9.2.2.North America Mobile Hotspot Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.2.3.North America Mobile Hotspot Market Revenue, by Offerings, 2016 – 2026
      • 9.2.4.North America Mobile Hotspot Market Revenue, by End-User, 2016 – 2026
      • 9.2.5. U.S.
      • 9.2.6.Canada
    • 9.3.Europe
      • 9.3.1.Europe Mobile Hotspot Market Revenue, 2016 - 2026 (USD Million)
      • 9.3.2.Europe Mobile Hotspot Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.3.3.Europe Mobile Hotspot Market Revenue, by Offerings, 2016 – 2026
      • 9.3.4.Europe Mobile Hotspot Market Revenue, by End-User, 2016 – 2026
      • 9.3.5.Germany
      • 9.3.6.France
      • 9.3.7. U.K.
      • 9.3.8.Rest of Europe
    • 9.4.Asia Pacific
      • 9.4.1.Asia Pacific Mobile Hotspot Market Revenue, 2016 - 2026 (USD Million)
      • 9.4.2.Asia Pacific Mobile Hotspot Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.4.3.Asia Pacific Mobile Hotspot Market Revenue, by Offerings, 2016 – 2026
      • 9.4.4.Asia Pacific Mobile Hotspot Market Revenue, by End-User, 2016 – 2026
      • 9.4.5.China
      • 9.4.6.Japan
      • 9.4.7.India
      • 9.4.8.Rest of Asia Pacific
    • 9.5.Latin America
      • 9.5.1.Latin America Mobile Hotspot Market Revenue, 2016 - 2026 (USD Million)
      • 9.5.2.Latin America Mobile Hotspot Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.5.3.Latin America Mobile Hotspot Market Revenue, by Offerings, 2016 – 2026
      • 9.5.4.Latin America Mobile Hotspot Market Revenue, by End-User, 2016 – 2026
      • 9.5.5.Brazil
      • 9.5.6.Mexico
      • 9.5.7.Rest of Latin America
    • 9.6.The Middle-East and Africa
      • 9.6.1.The Middle-East and Africa Mobile Hotspot Market Revenue, 2016 - 2026 (USD Million)
      • 9.6.2.The Middle-East and Africa Mobile Hotspot Market Revenue, by Country, 2016 – 2026 (USD Million)
      • 9.6.3.The Middle-East and Africa Mobile Hotspot Market Revenue, by Offerings, 2016 – 2026
      • 9.6.4.The Middle-East and Africa Mobile Hotspot Market Revenue, by End-User, 2016 – 2026
  • Chapter 10.Company Profiles
    • 10.1.Aptilo Networks AB
    • 10.2.Brocade Communications Systems, Inc.
    • 10.3.Boingo Wireless, Inc.
    • 10.4.Cisco Systems, Inc.
    • 10.5.Nokia Corporation
    • 10.6 Huawei Technulogies Co. Ltd..
    • 10.7.Hewlett Packard Enterprise Company
    • 10.8.iPass, Inc.
    • 10.9.NETGEAR Inc.
    • 10.1.Ericsson
    • 10.11.Others

Methodology


Frequently Asked Questions

People are always playing brinksmanship games with their mobile battery while at a trade show or on a long day of meetings. One of the most battery-intensive things one can do is hotspot mode, almost ensuring that by the end of the day you'll be looking for a charger/secondary battery. On the other hand, dedicated hotspots also have enough life to operate all day long. Hotspots also tend to provide more security options and support more devices than the hotspot mode on the phone. In case of phones, it can connect up to five devices, however hotspots can support more than ten devices with better supports with VPNs, port forwarding, and parental controls. A hotspot is comfortable if you're setting up a mobile office for a group. In addition, grabbing a hotspot will save you from racking up expensive roaming fees if your business trips take you abroad.

There is no huge difference recently between the Wi-Fi range on market-leading cell phones and hotspots, but a leading hotspot when linked to an inexpensive external antenna receives better LTE reception. A hotspot is a more affordable solution compared to more costly Wi-Fi system. All these factors are predicted to contribute to the market growth.

According to Zion Market Research, the Mobile Hotspot market is expected to generate revenue of around USD 2,316.42 Million in 2019 and is expected to reach USD 7,253.35 Million by 2026, growing at a CAGR of 17.71%.

North America, followed by Europe is estimated to dominate the mobile hotspot market. Technological advancement and adoption of wireless routers and dongles by more people in these regions are expected to drive the market growth. Asia Pacific is expected to grow at a faster rate due to the presence of developing economies like China, India, Japan and others. People are aware of advanced technologies and are using dongles and routers for their professional use. This growth has further spiked in the year 2020 as most of the students and teachers and other office going people ended up working and attending classes online. This has accelerated the growth of mobile hotspot in this region.

Some main participants of the Mobile Hotspot market are Aptilo Networks AB, Cisco Systems, Inc., Nokia Corporation, Huawei Technologies Co. Ltd. Samsung Electronics Ltd., Vodafone Group plc, Reliance Communications, AT&T Inc, NETGEAR Inc., and Ericsson among others.

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