DUBLIN, Jan. 30, 2023 (GLOBE NEWSWIRE) – “Gigabit WiFi Hotspot Market, Market Share, Application Analysis, Regional Forecasts, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030” report has been added to ResearchAndMarkets.com an offer.
Increasing demand for a reliable and fast internet connection for employees and students working from home is driving growth in the Gigabit WiFi Hotspot market
Globally, the Gigabit WiFi hotspot market is expected to grow at a CAGR of 14.2% during the forecast period from 2022 to 2030. The market is being driven by the growing adoption of smart devices worldwide. The past decade has seen a significant rise in the number of smart devices. The total number of smartphones worldwide has crossed the 2 billion mark and the number is expected to increase in the future. The increasing adoption of internet penetration along with the declining prices of smartphones is a key factor in accelerating the adoption of smart devices.
Increasing digitization across enterprises and growing adoption of enterprise mobile solutions also act as a major force driving the adoption of Gigabit WiFi hotspot devices.
Moreover, the increasing adoption of WiFi hotspot devices across manufacturing facilities and healthcare institutes is driving the growth of the market. However, data safety and security issues associated with WiFi hotspot are hindering adoption and market growth. Moreover, the high bandwidth requirement of the application hinders the growth of the market.
WiFi Access Point is estimated to grow exponentially during the forecast period
The gigabit WiFi hotspot market is segmented based on component into wireless access points and wireless LAN controllers. The WiFi LAN controllers market was estimated to have a share of over 52% in revenue in 2020. The growth of the market is attributed to the widespread adoption of WiFi controllers among commercial and industrial facilities. WiFi access points are estimated to grow significantly over the forecast period due to the increased adoption of Internet-enabled devices across residential and commercial facilities.
North America leads the Gigabit WiFi Hotspot market
North America led the global gigabit Wi-Fi hotspot market in 2021 with a market share of more than 30%. The market is driving the widespread adoption of WiFi hotspot in public places and organizations across the region. The 4G infrastructure and well-developed infrastructure across the region is also acting as a major factor accelerating the adoption of the gigabit WiFi hotspot market. Moreover, the increasing dependence on smart devices is driving the market growth further.
Market segmentation
ingredient
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WiFi access points
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internal
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Abroad
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special purpose
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WiFi LAN controller
data delivery
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<868 Mbps
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868 to 1300 Mbps
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> 1300 Mbps
end use
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residential
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Commercial / Industrial
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hash
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education
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manufacturing
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hospitality
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Health Care
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others
Answer the main questions in this report
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What are the key micro and macro environmental factors influencing the growth of the Gigabit WiFi Hotspot Market?
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What are the main investment pockets in terms of product sectors and geographies now and over the forecast period?
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Estimated forecasts and market forecasts to 2030.
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Which sector represents the fastest compound annual growth rate over the forecast period?
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Which market segment has the largest market share and why?
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Are Low and Middle Income Economies Investing in the Gigabit WiFi Hotspot Market?
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What is the largest regional market for Gigabit WiFi Hotspot Market?
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What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, Middle East and Africa?
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What are the key trends driving the Gigabit WiFi Hotspot Market growth?
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Who are the key competitors and what are their key strategies to build their market presence in the worldwide Gigabit WiFi Hotspot market?
Main topics covered:
1. Introduction
2. Executive summary
3. Gigabit WiFi Hotspot Market: Competitive Analysis
4. Gigabit WiFi Hotspot Market: Macro analysis and market dynamics
5. Gigabit WiFi Hotspot Market: By Components, 2020-2030, US$ (Million)
6. Gigabit WiFi Hotspot Market: By Data Delivery, 2020-2030, US Dollar (Million)
7. Gigabit WiFi Hotspot Market: By End Use, 2020-2030, US Dollar (Million)
8. North America Gigabit WiFi Hotspot Market, 2020-2030, US Dollar (Million)
9. UK and EU Gigabit WiFi Hotspot Market, 2020-2030, US$ (Million)
10. Asia Pacific Gigabit WiFi Hotspot Market, 2020-2030, US$ (Million)
11. Latin America Gigabit WiFi Hotspot Market, 2020-2030, US Dollar (Million)
12. Middle East and Africa Gigabit WiFi Hotspot Market, 2020-2030, US Dollar (Million)
13. Company profile
mentioned companies
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Alcatel Lucent
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Aerohive Network
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Cisco Systems Corporation
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Ericsson
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Edgecore Networks
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HPE (Aruba Networks)
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Mojo Networks Inc
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Huawei Technologies
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Nokia Networks
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Ubiquiti Networks
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Ruckus Wireless
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ZTE Corporation. .
For more information on this report, visit https://www.researchandmarkets.com/r/8xzp7v-wifi?w=12
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