Global Mobile Hotspot Market 2016-2020 - Research and Markets

DUBLIN, May 17, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Mobile Hotspot Market 2016-2020" report to their offering. The global mobile hotspot market is projected to grow at a CAGR of 24.69% during the period 2016-2020.

According to the report, consumers are increasingly using these devices for multiple purposes like accessing social networking apps, reading the news, surfing the web, and checking email. The growth of IoT is another reason for the growth of the market, as the majority of the IoT devices are controlled by apps installed on mobile computing devices. 

The report covers the present scenario and the growth prospects of the global mobile hotspot market during 2016-2020. To calculate the market size, the report considers the number of unit shipments of mobile hotspots, like mobile hotspot routers and USB sticks that connect multiple devices.

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.

The rise in mobile data traffic because of increase in the adoption of mobile computing devices and emergence of the next-generation wireless networks has encouraged mobile network providers to introduce LTE mobile hotspots with super-fast speed and a longer battery life. This is because using a smartphone to connect several devices for higher bandwidth applications may result in the deterioration of the signal, reduction of battery life, and exhaustion of data plans.

Further, the report states that the deployment of public Wi-Fi hotspots will slow down the demand for mobile Wi-Fi hotspots.

Key vendors:

• Huawei Technologies
• NETGEAR
• Novatel Wireless
• ZTE

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product type

PART 07: Market segmentation sales type

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/dl2lg8/global_mobile

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