Research and Markets Report: Global Mobile Hotspot Router Market 2012-2016
Apr 17, 2013 (Close-Up Media via COMTEX) --
Research and Markets has announced the addition of the "Global Mobile Hotspot Router Market 2012-2016" report to its offerings.
In a release, Research and Markets noted that report highlights include:
TechNavio's analysts forecast the Global Mobile Hotspot Router market to grow at a CAGR of 34.16 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for optimum utilization of network capabilities. The Global Mobile Hotspot Router market has also been witnessing emergence of 3G and 4G hotspot routers. However, the high cost of 3G and 4G enabled devices could pose a challenge to the growth of this market.
The key vendors dominating this market space are Huawei Technologies Co. Ltd., Novatel Wireless Inc., Sierra Wireless Inc., and ZTE Corp.
The other vendors mentioned in the report are Franklin Wireless Corp., NetComm Wireless Ltd., and Samsung Electronics Co. Ltd.
Commenting on the report, an analyst from TechNavio's Telecom team said: ''Technology advancements are supporting the widespread adoption of 3G and 4G networks. These networks help in providing high-speed data transfer for the end-users. As a result, vendors are introducing 3G- and 4G-enabled mobile hotspot routers. Moreover, as most of the newly-developed smartphones and tablets are incorporated with the technology to 3G and 4G, the demand for 3G- and 4G-enabled mobile hotspots is expected to increase. This is because to avail 3G and 4G internet connection for individual devices may not be cost-effective for end-users. As mobile hotspot routers allow multiple device access to 3G and 4G networks at a lower price, their demand is expected to accelerate, supporting the market growth.''
According to the report, one of the major drivers is the need for optimum utilization of network capabilities. With the increasing use of broadband services among end-users, it is a challenge for the service providers to manage the data traffic. As a result, network infrastructure providers have developed mobile hotspot routers. This enables the connection of multiple Wi-Fi devices over a single mobile broadband subscription. This helps the carrier to efficiently manage the network traffic. Hence, carriers are encouraging end-users to adopt mobile hotspot routers for broadband connection.
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