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Wi-Fi Hotspot Market size to reach USD 3.5 billion by 2023

Wi-Fi hotspot market size was valued over USD 1.5 billion in 2015 and is likely to reach around USD 3.5 billion by 2023, growing over 17%. Primary industry drivers include rising internet user population for personal and professional work.

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Wi-Fi Hotspot Market size to reach USD 3.5 billion by 2023

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  1. Wi-Fi Hotspot Market size with 17% CAGR expectations over the forecast period to reach USD 3.5 billion by 2023: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Regional Analysis of Wi-Fi Hotspot Market: • North America, particularly the U.S. Wi-Fi hotspot market size is estimated to exhibit considerable growth over the forecast period. The spur in the region can be attributed to rising demand from verticals such as healthcare, transportation and telecom & IT sectors. Asia pacific, mainly China and India Wi-Fi hotspot market is likely to emerge as a high growth region over the forecast period. • China alone has deployed over 620,000 Wi-Fi hotspots in 2014 and is likely to continue its dominance. • Major regions occupying significant industry shares include Asia Pacific, Europe, North America, MEA and Latin America.

  3. Application Analysis of Wi-Fi Hotspot Market: • Escalating mobility owing to introduction of bring your own device trend and expansion of advanced network infrastructure is likely to drive Wi-Fi hotspot market size evolution. It is a vital division for the enterprises, network operators and communication service providers. It offers absolute data transmission, visibility and smooth delivery of applications. • The growing usage of personal devices to access the business networks in order to consume high bandwidth by employees is anticipated to surge industry growth. • Wi-Fi Hotspot market enables the enterprises to uphold the smart devices, ensuring network security. Key players are expected to adopt these solutions in order to counter problems related to infrastructure and network performance. These solutions are cost effective and are more efficient than other traditional services.

  4. Competitive Market Share of Wi-Fi Hotspot Market: • The major players holding the global Wi-Fi hotspot market share include Ipass, Ubiquiti Networks, Nokia Networks, Boingo Wireless, Netgear, Ericsson, Motorola Solutions, Cisco Systems, Ruckus Wireless, Alcatel-Lucent, Aptilo Networks and Aruba Networks among others. • These competitors along with the other players in the industry are likely to create huge impact in this rapidly rising marketplace in the next few years.

  5. Browse Full Market Research Report On Wi-Fi Hotspot Market @ http://goo.gl/Kou1K4 Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/198

  6. Stay In Touch Website: www.gminsights.com Social Media:

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