|[March 12, 2014]
Research and Markets: Global Mobile Hotspot Router Market 2012-2016: Detailed Discussion of Trends, Drivers and Challenges
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/vst5kd/global_mobile)
has announced the addition of the "Global
Mobile Hotspot Router Market 2012-2016" report to their
The 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 (News - Alert) Technologies Co.
Ltd., Novatel Wireless Inc., Sierra Wireless Inc., and ZTE Corp.
The other vendor mentioned in the report are Franklin Wireless Corp.,
NetComm Wireless Ltd., and Samsung (News - Alert) 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.
For more information visit http://www.researchandmarkets.com/research/vst5kd/global_mobile
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