Global Mobile Hotspot Router Market (2022 to 2027) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com

The "Mobile Hotspot Router Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global mobile hotspot router market reached a value of US$ 5.5 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 13.6 Billion by 2027, exhibiting a CAGR of 16.29% during 2021-2027.

Companies Mentioned

• Alcatel-Lucent (Nokia Corporation)
• Belkin International Inc. (Foxconn)
• D-Link Corporation
• Huawei Technologies Co. Ltd.
• Netgear Inc.
• Novatel Wireless Inc. (Inseego)
• TP-Link Technologies Co. Ltd.
• XCom Global Inc.
• ZTE Corporation

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 sectors. These insights are included in the report as a major market contributor.

A mobile hotspot router is a pocket-sized wireless device that connects multiple Wi-Fi enabled devices with a single router. The routers are equipped with various features, such as power bank, global positioning system (GPS) and USB points and are usually built into a smartphone or as a standalone portable gadget that can be attached to the phone.

They provide simple, fast and instant internet connectivity to various devices, such as laptops, mobiles and computers that can be accessed at any time. They also offer high-speed internet connectivity to multiple users at the same time and aid in minimizing the overall cost of internet services.

Rapid digitalization, along with the rising demand for wireless and mobile broadband services, is one of the key factors driving the growth of the market. The increasing utilization of smart devices across the globe and the growing consumer awareness regarding pay-as-you-go business models are projected to drive the market further. Frequent business travelers and tourists use mobile hotspot routers to access the internet while they are moving.

Consumers are using e-commerce platforms for online shopping through mobile devices, which require stable internet connectivity, thereby increasing product demand.

Additionally, various technological advancements, such as the development of data storage systems integrated with cloud-based applications, are also contributing to the market growth. Other factors, including the rising data traffic and the implementation of favorable government initiatives to provide Wi-Fi in public places, are projected to create a positive outlook for the market.

Key Questions Answered in This Report:

• How has the global mobile hotspot router market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What has been the impact of COVID-19 on the global mobile hotspot router market?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the end-user?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global mobile hotspot router market and who are the key players?
• What is the degree of competition in the industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Mobile Hotspot Router Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Type

7 Market Breakup by End-User

8 Market Breakup by Distribution Channel

9 Market Breakup by Region

10 SWOT Analysis

11 Value Chain Analysis

12 Porters Five Forces Analysis

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/inutj6

View source version on businesswire.com: https://www.businesswire.com/news/home/20220810005383/en/