Wi-Fi hotspot is a physical location providing Internet access over wireless local area network (WLAN) through a router linked to a service provider. Wi-Fi hotspots are used by enterprises, network operators, and communication service providers for data transmission and delivery of applications over Wi-Fi. Moreover, increase in adoption of the Bring Your Own Device (BYOD) trend and advanced network infrastructure have driven the use of Wi-Fi hotspots for Internet connectivity. Furthermore, many portable devices, such as laptops and tablets, use Wi-Fi hotspots to access high-speed Internet services.
The global Wi-Fi hotspot market is attributed to increase in use of cell phones and smart devices, growth in adoption of Wi-Fi hotspots by hospitality, retail, and education sector, and adoption of carrier Wi-Fi by the network operators for data traffic offload. Further, introduction of mobile hotspots and the developing economies in Asia-Pacific and MEA is expected to offer growth opportunities for the market. However, meeting the bandwidth requirement of the applications, security issues, and other factors hinder the market growth for Wi-Fi hotspots.
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Wi-Fi hotspot market is segmented based on offerings, end user, industry vertical, and region. Based on offerings, it is divided into component, software, and services. As per component, the market is classified into wireless hotspot gateways, wireless hotspot controllers, and mobile hotspot devices. Based on software, the market is analyzed across centralized hotspot management, Wi-Fi security software, Wi-Fi hotspot billing software, and cloud-based hotspot management. As per services, the Wi-Fi hotspot market is categorized into professional service, installation and integration services, consulting services, and managed services. As per end users, the market is segmented into communication service provider & network operators, enterprises, and government. Based on industry vertical, the global Wi-Fi hotspot market is studied across telecom and IT, financial services, education, healthcare, hospitality, transportation, retail, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, MEA, and Latin America.
The passage highlights the trend of governmental organizations increasing their maintenance budgets for system infrastructure while also investing in initiatives for project development, modernization, and enhancement. This has led to the success of investments and an increase in the annual funding set aside by ICT vendors for the growth of the online market. The passage also mentions the anticipated increase in global ICT exports, which are expected to rise by an average of 3.9% yearly from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. The global supply of ICT has increased by 9.5% yearly since 2009.
In terms of global ICT exports in 2021, Ireland ranked first with US$ 169.32 billion, followed by the United States at number 2, India at number 3, and China at number 4. The passage also notes the significant increase in Brunei’s global ICT exports by 228.2% year over year since 2009, while Sierra Leone’s global ICT exports have decreased by 61.7% year over year in the same period. Overall, the passage highlights the growth and potential of the global ICT market, driven by increased investments and funding for infrastructure and project development.
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It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.
KEY BENEFITS
In-depth analysis of the global Wi-Fi hotspot market along with its dynamics is provided to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on prevailing opportunities.
Porter’s Five Forces analysis examines the competitive structure of the Wi-Fi hotspot market and provides a clear understanding of the factors that influence the market entry and expansion.
A detailed analysis of the geographical segments enables identification of profitable segments for market players.
Comprehensive analysis of the trends, sub-segments, and key revenue pockets are provided in the report.
Detailed analysis of the key players in the global Wi-Fi hotspot market and their business strategies are anticipated to assist stakeholders to take informed business decisions.
The key players profiled in the report are as follows:
Aptilo Networks AB
Boingo Wireless, Inc.
Brocade Communications Systems, Inc.
Cisco Systems, Inc.
Hewlett Packard Enterprise Company
Huawei Technologies Co. Ltd.
iPass, Inc.
NETGEAR Inc.
Nokia Corporation
Ericsson
Wi-Fi Hotspot Market key SEGMENTS:
By Offerings
Component
Wireless Hotspot Gateways
Wireless Hotspot Controllers
Mobile Hotspot Devices
Software
Centralized Hotspot Management
Wi-Fi Security Software
Wi-Fi Hotspot Billing Software
Cloud-Based Hotspot Management
Services
Professional Service
Installation and Integration Services
Consulting Services
Managed Services
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By End User
Communication Service Provider & Network Operators
Enterprises
Government
By Vertical
Telecom and IT
Financial Services
Education
Healthcare
Hospitality
Transportation
Retail
Others
By Geography
North America
Europe
Asia-Pacific
MEA
Latin America
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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