Market Overview:
The global wi-fi hotspot market reached a value of US$3.98 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$11.76 Billion by 2027, exhibiting at a CAGR of 19.7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Wi-Fi hotspots are internet access points that enable users to connect their mobile devices, such as smartphones or laptops, to a Wi-Fi network. They are highly convenient and allow users to get strong internet connections away from the office or home. They assist service providers or operators in increasing customer retention, building brand awareness, making pay-as-you-go transactions, and creating partnerships with mobile operators for offload. At present, they are available in public places, such as coffee shops, libraries, retail stores, hotels, and airports, across the globe.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Wi-Fi Hotspot Market Trends:
Increasing digitization, along with the deployment of smart infrastructure systems around the world, represents one of the key factors bolstering the growth of the market. Wi-fi hotspots help small, large, and medium enterprises manage their networks at a relatively lower cost. They also enhance data transmission, provide access to various applications, and offer seamless results. Apart from this, enterprises worldwide are implementing the trend of Bring Your Own Device (BYOD) that allows employees to work using their personal devices and accessing corporate network data and resources like email and applications. This can also be attributed to a considerable rise in the need for offering flexibility to employees on account of the coronavirus disease (COVID-19) outbreak, which is contributing to market growth. Furthermore, due to the boosting sales of smartphones, the growing presence of high-end network infrastructure and the rising deployment of 5G networks, there is a significant reliance on Wi-Fi hotspots in public spaces. In addition, leading market players are focusing on increasing speeds, quality of services, mobility, capacities and reducing latencies, which is anticipated to create a favorable market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global wi-fi hotspot market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, software, services, end user and vertical.
Breakup by Component:
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Wireless Hotspot Gateways
- Wireless Hotspot Controllers
- Mobile Hotspot Devices
Breakup by Software:
- Centralized Hotspot Management
- Wi-fi Security Software
- Wi-fi Hotspot Billing Software
- Cloud Based Hotspot Management
Breakup by Services:
- Professional Service
- Installation and Integration Services
- Consulting Services
- Managed Services
Breakup by End User:
- Communication Service Provider and Network Operators
- Enterprises
- Government
Breakup by Vertical:
- IT and Telecom
- Financial Services
- Education
- Healthcare
- Hospitality
- Transportation
- Retail
- Others
Breakup by Region:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aptilo Networks (Enea AB), AT&T Inc., Boingo Wireless Inc., CASA Systems, Cisco Systems Inc., Cloud4Wi Inc., D-Link Corporation, Huawei Technologies Co.Ltd., iPass Inc. (Pareteum Corporation), Netgear Inc., Sierra Wireless Inc, Superloop Limited, Telefonaktiebolaget LM Ericsson and Telstra Corporation Limited.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2021 |
Historical Period |
2016-2021 |
Forecast Period |
2022-2027 |
Units |
US$ Billion |
Segment Coverage |
Component, Software, Services, End User, Vertical, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Aptilo Networks (Enea AB), AT&T Inc., Boingo Wireless Inc., CASA Systems, Cisco Systems Inc., Cloud4Wi Inc., D-Link Corporation, Huawei Technologies Co.Ltd., iPass Inc. (Pareteum Corporation), Netgear Inc., Sierra Wireless Inc, Superloop Limited, Telefonaktiebolaget LM Ericsson and Telstra Corporation Limited |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |