Wi-Fi Hotspot (Dongle) Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Connectivity, Pricing Model and End-User and Region

Wi-Fi Hotspot (Dongle) Market size was valued nearly US$ 2.85 Bn. in 2020 and is expected to grow at a CAGR of 21.82 % over 2021-2027, to account for US$ 11.3 Bn. in 2027.
Wi-Fi Hotspot (Dongle) Market Overview and Dynamics:
A Wi-Fi hotspot is a physical area where people can utilise wireless technology (WLAN) to connect to the internet via a mobile device or a laptop. Wi-Fi is commonly found in public places including libraries, airports, hotels, and cafes. A dongle is a little USB device that connects to a computer and allows it to connect to the internet. It's essentially a modem that connects your computer to a wireless or mobile internet network.



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The increasing adoption of smart devices across several countries is driving the Wi-Fi hotspot market. Smart device adoption is 10 times faster than personal computer adoption in the 1980s, three times faster than social media adoption, and two times faster than internet adoption in the 1990s. The rise in adoption can be ascribed to the growing popularity of social media and increased internet access. Smartphone adoption is further helped by the availability of low-cost smartphones in developing countries such as India and China.

The adoption of Wi-Fi hotspots is being driven by the increased adoption of BYOD policies and workplace mobility among companies. To improve employee satisfaction, productivity, and performance, businesses are progressively adopting BYOD policies. It also aids in the reduction of initial costs involved with the creation of digital infrastructure facilities for their personnel. Allowing employees to use their own personal assets improves their responsiveness and makes them more willing to work for extended periods of time. It also allows businesses to bridge the gap between desk-bound personnel and their non-desk colleagues.



Security concerns linked with the usage of wireless networks, on the other hand, are projected to limit hotspot adoption. Fraudulent activities like as data interception, misconfigured APs, and wireless phishing are expected to increase, putting the network's reliability and confidentiality at risk. Furthermore, the increasing usage of Wi-Fi Hotspots by various end-users such as retail and education is expected to present attractive growth prospects for the market throughout the forecast period.
Wi-Fi Hotspot (Dongle) Market Trends:
The MMR report covers all the trends and technologies playing a major role in the growth of the Wi-Fi Hotspot (Dongle) Market over the forecast period.

• One of the key trend boosting the market's growth is increasing digitalization, which is accompanied by the deployment of smart infrastructure systems around the world.

• Businesses all around the world are adopting the Bring Your Own Device (BYOD) trend, which allows employees to work from home on their personal devices.

• Small, large, and medium businesses can use Wi-Fi hotspots to manage their networks at a lesser cost.

• Leading market companies are concentrating on improving speeds, service quality, mobility, capacity, and latencies, which is expected to result in a positive market outlook.

In 2021, 4G Connectivity segment was valued US$ XX Bn.

The 4G Connectivity segment was valued US$ XX Bn. in 2020 and is expected to reach at US$ XX Bn by 2027 at a CAGR of 19% over forecast period. 4G connectivity, which was developed to replace 3G connectivity, has been a revolutionary movement in the telecom market. The 4G (fourth generation) mobile network technology allows for a stable connection with high-speed data transfer.



The 5G Connectivity Segment grow at the highest CAGR of 22.53% during the forecast period.

The 5G Connectivity segment is projected to grow at the highest CAGR of 2.53% to reach US$ XX Bn. by 2027. With an updated forecast of up to 660 million 5G subscriptions by the end of this year, the premise that 5G will become the fastest deployed mobile generation to date has been strengthened. The surge is due to higher-than-expected demand in China and North America, which is fueled in part by lower 5G equipment prices. In Q3 2021, 98 million new 5G subscriptions were added globally, compared to 48 million new 4G subscriptions.

During the forecast period, 5G is on track to become the dominant mobile access technology by 2027, based on global subscribers. By 2027, 5G is estimated to account for around half of all mobile subscriptions worldwide, reaching 75% of the global population and carrying 62% of global smartphone traffic.


Wi-Fi Hotspot (Dongle) Market Reginal Analysis:
North America accounted for the largest market share in 2020, with a market value of US$ XX Bn; the regional market is expected to register a CAGR of 21.89% during 2021-2027. This growth is driven by presence of a high number of Wi-Fi hotspots in many industry verticals and availability of proper network infrastructure in economies in the region. The market in Europe accounted for second-highest revenue share in the Wi-Fi hotspot market, thanks to high adoption rate of Wi-Fi hotspots in numerous industries, followed by markets in APAC, South America, and MEA respectively.

Because of significant industrialization and advances in network infrastructure in emerging economies such as China and India, the APAC market is expected to grow at the quickest rate in terms of revenue.

The objective of the report is to present a comprehensive analysis of the global Wi-Fi Hotspot (Dongle) Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Wi-Fi Hotspot (Dongle) Market dynamic, structure by analyzing the market segments and projecting the Wi-Fi Hotspot (Dongle) Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Wi-Fi Hotspot (Dongle) Market make the report investor’s guide.
Global Wi-Fi Hotspot (Dongle) Market Scope: Inquire before buying



Global Wi-Fi Hotspot (Dongle) Market


Report Coverage
Details


Base Year:
2020
Forecast Period:
2021-2027


Historical Data:
2016 to 2020
Market Size in 2020:
US $ 2.85 Bn.


Forecast Period 2021 to 2027 CAGR:
21.82%
Market Size in 2027:
US $ 11.35 Bn.


 Segments Covered:
by Product
• 2G
• 3G
• 4G
• 5G


by Pricing Model
• Prepaid
• Postpaid


by End-User
• Individuals
• Corporates
o Small and Medium Enterprises
o Large Enterprises



Global Wi-Fi Hotspot (Dongle) Market by Region
• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa
Global Wi-Fi Hotspot (Dongle) Market Key Players
• Bharti Airtel
• Vodafone Idea Limited
• Huawei Technologies Co., Ltd.
• Reliance Jio Infocomm Ltd.
• Nokia
• D-Link Corporation
• Singtel
• NETGEAR
• Samsung Electronics Ltd.
• AT&T Intellectual Property
• Telenor Pakistan
• ZTE Corporation
• Singapore Telecommunications Limited
• Tata Communications

Frequently Asked Questions:

1] What segments are covered in the Wi-Fi Hotspot (Dongle) Market report?
Ans. The segments covered in the Wi-Fi Hotspot (Dongle) Market report are based on Connectivity, Pricing Model and End-User.

2] Which region is expected to hold the highest share in the Wi-Fi Hotspot (Dongle) Market?
Ans. North America region is expected to hold the highest share in the Wi-Fi Hotspot (Dongle) Market.

3] What is the market size of the Wi-Fi Hotspot (Dongle) Market by 2027?
Ans. The market size of the Wi-Fi Hotspot (Dongle) Market by 2027 is US$ 11.35 Bn.

4] What is the forecast period for the Wi-Fi Hotspot (Dongle) Market?
Ans. The forecast period for the Wi-Fi Hotspot (Dongle) Market is 2021-2027.

5] What was the market size of the Wi-Fi Hotspot (Dongle) Market in 2020?
Ans. The market size of the Wi-Fi Hotspot (Dongle) Market in 2020 was US$ 2.85 Bn.