Published by news degree
Posted on August 6, 2021
The global Wi-Fi Hotspot Market is anticipated to grow at the rate of 18.5% CAGR to reach a valuation of USD 9.83 billion by 2027, from its valuation of USD 2.13 billion in 2019. Advent and commercialization of the 5G network technology are anticipated to boost the market’s growth as the introduction of Wi-Fi-based routers and modems in the enterprises is likely to augment the speed, bandwidth, and access to the internet on the premises. The advent of Bring Your Own Device (BYOD), the rising number of mobile applications, and the advancements in the network infrastructure are driving the demand for Wi-Fi hotspot solutions.
Wi-Fi Hotspots enables the small, large, and medium enterprises to manage their networks at minimal expenses. A Wi-Fi hotspot is a physical location or area where individuals can get access to the internet through Wi-Fi technology, assisted by the wireless local area network. Wi-Fi hotspots are critical to enterprises as they enhance data transmission, provide access to various applications, and offer seamless results. The market growth is predominantly driven by the rising demands for tablets, next-gen smartphones, and the rising use of connected devices.
However, security issues surrounding the extensive application of the wireless networks and increasing incidences of fraudulent data transmissions, phishing, and misconfigured APs, is anticipated to hinder the growth of the market over the coming years. Additionally, high investments and expensive maintenance costs, coupled with enormous data volumes, are presumed to halt the market’s growth further.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1097
Key participants include
Nokia Networks, Ipass, Aptilo Networks, Alcatel-Lucent, Ericsson, Motorola Solutions, Boingo Wireless, Netgear, Ruckus Wireless, Cisco Systems, Ubiquiti Networks, and Aruba Networks.
Further key findings from the report suggest
The global Wi-Fi Hotspot Market is anticipated to grow at the rate of 18.5% CAGR to reach a valuation of USD 9.83 billion by 2027, from its valuation of USD 2.13 billion in 2019.
The advent of Bring Your Own Device (BYOD), the rising number of mobile applications, and the advancements in the network infrastructure are driving the demand for Wi-Fi hotspot solutions.
Advent and commercialization of the 5G network technology are anticipated to boost the market’s growth as the introduction of Wi-Fi-based routers and modems in the enterprises is likely to augment the speed, bandwidth, and access to the internet on the premises.
With the enhancement in quality and advent of advanced technology, the global hotspots are seamlessly integrating with the conventional data networks such as 3G or 4G, cable, and fiber. This is anticipated to bolster the growth of the Wi-Fi hotspot market exponentially.
However, security issues surrounding the extensive application of the wireless networks and increasing incidences of fraudulent data transmissions, phishing, and misconfigured APs, is anticipated to hinder the growth of the market over the coming years.
Based on the component, the hardware segment is anticipated to show significant growth over the coming years due to the rising deployment of Wi-Fi routers and modems in the residential and business sectors.
The software segment is also anticipated to show significant growth driven predominantly by the rising adoption of software solutions among enterprises and the residential sector to manage access to Wi-Fi hotspots.
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For this report, Reports and Data have segmented into the global Wi-Fi Hotspot market on the basis of resin type, composite phases, industry vertical, and region:
By Component (Revenue, USD Million; 2017–2027)
Hardware
Software
By Application (Revenue, USD Million; 2017–2027)
Telecom & IT
Financial Services
Education
Healthcare
Hospitality
Others
By Services (Revenue, USD Million; 2017-2027)
Professional Services
Installation Services
Managed Services
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1097
Have a Look at Related Reports:
Hyperscale Data Centers Market Size, Share & Analysis, By Offering (Solution and Service), By Industry Vertical (BFSI, IT & Telecom, Government & Defense, Manufacturing, Research & Academics, Retail, Media & Entertainment, Healthcare), By End-Use (Cloud Providers, Colocation Providers, Enterprises), Region And Forecast To 2027
Virtual Private Network (VPN) Market Size, Trends & Growth, By Component (Hardware, Software, Services), By Type (IP (Internet Protocol), MPLS (Multiprotocol Label Switching), Cloud VPN, Mobile VPN), By Organization Size (Small & Medium Sized Enterprises, Large Enterprises), By Industry Vertical (IT & Telecommunication, BFSI, Manufacturing, Government, Utilities, Healthcare, Others), And Segment Forecasts, 2017-2027
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Wi-Fi Hotspot Market Revenue, Trends, Market Share Analysis, and Forecast to 2027 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The global Wi-Fi Hotspot Market is anticipated to grow at the rate of 18.5% CAGR to reach a valuation of USD 9.83 billion by 2027, from its valuation of USD 2.13 billion in 2019. Advent and commercialization of the 5G network technology are anticipated to boost the market’s growth as the introduction of Wi-Fi-based routers and modems in the enterprises is likely to augment the speed, bandwidth, and access to the internet on the premises. The advent of Bring Your Own Device (BYOD), the rising number of mobile applications, and the advancements in the network infrastructure are driving the demand for Wi-Fi hotspot solutions.
Wi-Fi Hotspots enables the small, large, and medium enterprises to manage their networks at minimal expenses. A Wi-Fi hotspot is a physical location or area where individuals can get access to the internet through Wi-Fi technology, assisted by the wireless local area network. Wi-Fi hotspots are critical to enterprises as they enhance data transmission, provide access to various applications, and offer seamless results. The market growth is predominantly driven by the rising demands for tablets, next-gen smartphones, and the rising use of connected devices.
However, security issues surrounding the extensive application of the wireless networks and increasing incidences of fraudulent data transmissions, phishing, and misconfigured APs, is anticipated to hinder the growth of the market over the coming years. Additionally, high investments and expensive maintenance costs, coupled with enormous data volumes, are presumed to halt the market’s growth further.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1097
Key participants include
Nokia Networks, Ipass, Aptilo Networks, Alcatel-Lucent, Ericsson, Motorola Solutions, Boingo Wireless, Netgear, Ruckus Wireless, Cisco Systems, Ubiquiti Networks, and Aruba Networks.
Further key findings from the report suggest
The global Wi-Fi Hotspot Market is anticipated to grow at the rate of 18.5% CAGR to reach a valuation of USD 9.83 billion by 2027, from its valuation of USD 2.13 billion in 2019.
The advent of Bring Your Own Device (BYOD), the rising number of mobile applications, and the advancements in the network infrastructure are driving the demand for Wi-Fi hotspot solutions.
Advent and commercialization of the 5G network technology are anticipated to boost the market’s growth as the introduction of Wi-Fi-based routers and modems in the enterprises is likely to augment the speed, bandwidth, and access to the internet on the premises.
With the enhancement in quality and advent of advanced technology, the global hotspots are seamlessly integrating with the conventional data networks such as 3G or 4G, cable, and fiber. This is anticipated to bolster the growth of the Wi-Fi hotspot market exponentially.
However, security issues surrounding the extensive application of the wireless networks and increasing incidences of fraudulent data transmissions, phishing, and misconfigured APs, is anticipated to hinder the growth of the market over the coming years.
Based on the component, the hardware segment is anticipated to show significant growth over the coming years due to the rising deployment of Wi-Fi routers and modems in the residential and business sectors.
The software segment is also anticipated to show significant growth driven predominantly by the rising adoption of software solutions among enterprises and the residential sector to manage access to Wi-Fi hotspots.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/1097
For this report, Reports and Data have segmented into the global Wi-Fi Hotspot market on the basis of resin type, composite phases, industry vertical, and region:
By Component (Revenue, USD Million; 2017–2027)
Hardware
Software
By Application (Revenue, USD Million; 2017–2027)
Telecom & IT
Financial Services
Education
Healthcare
Hospitality
Others
By Services (Revenue, USD Million; 2017-2027)
Professional Services
Installation Services
Managed Services
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1097
Have a Look at Related Reports:
Hyperscale Data Centers Market Size, Share & Analysis, By Offering (Solution and Service), By Industry Vertical (BFSI, IT & Telecom, Government & Defense, Manufacturing, Research & Academics, Retail, Media & Entertainment, Healthcare), By End-Use (Cloud Providers, Colocation Providers, Enterprises), Region And Forecast To 2027
Virtual Private Network (VPN) Market Size, Trends & Growth, By Component (Hardware, Software, Services), By Type (IP (Internet Protocol), MPLS (Multiprotocol Label Switching), Cloud VPN, Mobile VPN), By Organization Size (Small & Medium Sized Enterprises, Large Enterprises), By Industry Vertical (IT & Telecommunication, BFSI, Manufacturing, Government, Utilities, Healthcare, Others), And Segment Forecasts, 2017-2027
Voice Cloning Market By Deployment Type (Cloud, And On-premises), By Applications (Chatbots And Assistants, Accessibility, Digital Games, Interactive Learning, And Others), And By End-Users, By Component, 2016-2026
Network Management System Market Size, Trends & Share, By Component (Services, Platform, Solution), By Organization Size (Large Enterprises, Small And Medium-Sized Enterprises), By Deployment Type (Cloud, On-Premises), By End-User (Banking, Financial Services, And Insurance, IT & Telecom, Transportation & Logistics, Healthcare, Media & Communication, Retail), Forecasts To 2027
Content Delivery Network (CDN) Market By Product Type (Standard/Non-Video CDN and Video CDN), By Content Type, By Offerings, By Provider Type, By Organization Size, By Industry Vertical, And Segment Forecasts, 2016-2026
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Wi-Fi Hotspot Market Revenue, Trends, Market Share Analysis, and Forecast to 2027 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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