Published: 05-Oct-2016 | Published By: Market Research Store
Mobile hotspot is a popular feature on smart phones that provide wireless internet access on many devices by connecting it to other devices. Anyone can get connected to internet through mobile hotspot. Mobile hotspots generally use mobile broadband service from cellular providers. It is a specially designed pocket-sized device with an in-built battery, which can be easily carried from one place to another.
Increasing demand for wireless broadband is the major driver of the mobile hotspot router market. Advancement of e-commerce trends such as online shopping through portable devices is another driving factor to boost this market. However, some issues related to authentication, low last mile connectivity, security, network performance and management in mobile hotspot router restraint the growth of mobile hotspot router market. Increasing penetration of smartphones in young population is expected to boost the market growth. Impressive development in internet infrastructure in developing countries like India coupled with technological advancement is expected to drive this market at fast pace in coming years. In addition, increasing penetration of electronic gadgets is predicted to open new opportunities for mobile hotspot router market.
Browse the full "Mobile Hotspot Router Market by Type (Standalone devices and Bundled devices): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/mobile-hotspot-router-market-z60689
The report gives a widespread view on the mobile hotspot router market. We have included a comprehensive competitive scenario and product portfolio of key vendors in this research study. To understand the competitive landscape in the market, Porter’s Five Forces model’s analysis for the mobile hotspot router market has also been incorporated. The study covers a market attractiveness analysis, wherein type and regional segments are benchmarked based on their growth rate, market size and attractiveness. The market size and forecasts in terms of volume (million units) and revenue (USD million) for the period 2015 to 2021, considering 2015 as the base year, have been provided for these segments of the report.
Mobile hotspot router can be classified on the basis of different type such as standalone devices and bundled devices. Bundled devices were the largest segments and it is expected to prevail over other segment in the near future due to its extensive range of applications.
Major regional segments assessed covered in this research report are North America, Middle East & Africa, Asia Pacific, Europe, and Latin America. Asia Pacific dominated the market for mobile router in terms of revenue owing to increasing number of mobile subscribers and high penetration of mobile internet in the region.
In January 2016, NETGEAR launched wall-plug wifi range extender for streaming HD multimedia at lightning-fast 2.2gbps speed. Thus, new product development strategy adopted by leading market vendors makes the competition more intense in the mobile hotspot router market. The key players of the mobile hotspot router market include Apple Inc., Nike Inc., Garmin Ltd., Sony Electronics Inc., Qualcomm Incorporated, Martian Watches, Pebble Technology Corporation, Fitbit Inc., ConnecteDevice Ltd., and Samsung Electronics Co. Ltd.
This report segments the mobile hotspot router market as follows:
Global Mobile Hotspot Router Market: Type Segment Analysis
- Standalone devices
- Bundled devices
Global Mobile Hotspot Router Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Browse press release at http://www.marketresearchstore.com/news/global-mobile-hotspot-router-market-250
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