The global market research segments the mobile hotspot market in APAC by shipment and by revenue. The research report outlines the key drivers influencing the growing demand for mobile hotspots in the region. Presents trends and forecasts of the market through 2019. The leading vendors detailed in the report include Huawei, Netgear, Novatel, and ZTE.
Technavio’s market research analysts estimate the mobile hotspot router market in APAC to grow at a high CAGR of 22% between 2015 and 2019. The decline in the average selling price of the hotspots has led to surge in the adoption of hotspot routers in the APAC region. Mobile hotspots possess features such as GPS options, and also serve as storage devices.
The new market research report from Technavio provides a breakdown and analysis of the mobile hotspot router segments by technology.
“The growing use of Wi-Fi-enabled devices has accelerated the adoption of mobile hotspot routers by end-users. Laptops, tablets, and smartphones are equipped with Wi-Fi connectivity, which has increased the demand for mobile hotspot routers, as these are much safer and faster than public hotspots. Also, mobile hotspot routers provide a pay- as- you-go scheme, which enables optimum utilization of internet services, and act as an added advantage for users who require fast Internet connection,” says Navin Rajendra, Lead Analyst, IT Hardware, Technavio Research.
Several mobile network device providers such as Huawei, ZTE, CPE, and Netgear are coming up with innovative mobile broadband access devices to counter the rising demand for mobile broadband services. New players alike Karma are entering the market with small, user-friendly mobile broadband access devices to provide portable and high-speed broadband services.
The leading vendors in the mobile hotspot router market in APAC are Huawei, Netgear, Novatel, and ZTE. Many device manufacturers are available in the market offering diversified product portfolio YoY with the incorporation of huge technological advancements into their devices. The collaboration between device manufacturers and the service providers is helping the market achieve big revenues.
A more detailed analysis is available in the Technavio report, Mobile Hotspot Router Market in APAC: Report Analysis 2015-2019.
We can customize reports by other regions and specific segments upon request.
Other Related Reports:
- Global Mobile Payment Market 2015-2019
- Global Enterprise Mobility Solutions Market 2015-2019
- Fluoroscopy and Mobile C-Arms Market- Trends & Forecast 2015-2019
- Mobile Ad Spending Market in the US 2015-2019
Further Reading:
