PUBLISHER: Acute Market Reports | PRODUCT CODE: 1129138
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1129138
Gigabit WiFi Hotspot Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Increasing Demand for Reliable and Fast Internet Connectivity for Employees and Students Operating from Home is Driving the Growth in Gigabit WiFi Hotspot Market
Globally, the gigabit WiFi hotspot market is expected to grow with a CAGR of 14.2% during the forecast period from 2022 to 2030. The market is driven by the increasing adoption of smart devices across the globe. Over the past decade, a significant rise in the number of smart devices has been witnessed. The total number of smartphones worldwide has crossed 2 billion marks and the number is further estimated to increase in the future. The increasing adoptions of internet penetration along with the decline in the price of smartphones are the primary factor accelerating the adoption of smart devices.
The growing digitalization across the enterprises and the rising adoption of the enterprise mobility solution are also serving as the major force propelling the adoption of the gigabit WiFi hotspot devices. Furthermore, the increasing adoption of the WiFi hotspot devices across the manufacturing facilities and healthcare institutes is further driving the market growth. However, data safety and security issues associated with WiFi Hotspot is hindering the adoption of market growth. Moreover, the requirement for the high bandwidth necessity of the application is inhibiting market growth.
WiFi Access Point is Estimated to Grow Significantly During the Forecast Period
The gigabit WiFi hotspot market is segmented based on the component into wireless access points and wireless LAN controllers. WiFi LAN controller market was estimated to account for more than 52% share in the revenue in 2020. The market growth is credited to the wide-scale adoption of the WiFi controllers among the commercial and industrial facilities. WiFi access points are estimated to grow significantly during the forecast period due to the increasing adoption of internet-enabled devices across the residential and commercial facilities.
North America Led the Gigabit WiFi Hotspot Market
North America led the global gigabit wifi hotspot market in 2021 with a market share of more than 30%. The market is driven by the large scale adoption of the WiFi hotspot in the public places and enterprises across the region. The well-developed 4G and network infrastructure across the region are also serving as a major factor accelerating the adoption of the gigabit WiFi hotspot market. Moreover, the increasing adoption of smart devices is further propelling market growth.
The major vendors in the gigabit WiFi hotspot market are Alcatel Lucent, Aerohive Network, Cisco Systems Inc., Ericsson, Edgecore Networks, HPE (Aruba Networks), Mojo Networks Inc., Huawei Technologies, Nokia Networks, Ubiquiti Networks, Ruckus Wireless, and ZTE Corporation.
Historical & Forecast Period:
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Gigabit WiFi Hotspot market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Gigabit WiFi Hotspot market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Million
Segmentation
Component
WiFi Access Points
Indoor
Outdoor
Special Purpose
WiFi LAN Controller
Data Delivery
< 868 MBPS
868 to 1300 MBPS
> 1300 MBPS
End-Use
Residential
Commercial/Industrial
Retail
Education
Manufacturing
Hospitality
Healthcare
Others
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Gigabit WiFi Hotspot market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Gigabit WiFi Hotspot market?
Which is the largest regional market for Gigabit WiFi Hotspot market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Gigabit WiFi Hotspot market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Gigabit WiFi Hotspot market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Gigabit WiFi Hotspot Market
- 2.2. Global Gigabit WiFi Hotspot Market, By Component, 2021 (US$ Million)
- 2.3. Global Gigabit WiFi Hotspot Market, By Data Delivery, 2021 (US$ Million)
- 2.4. Global Gigabit WiFi Hotspot Market, By End-Use, 2021 (US$ Million)
- 2.5. Global Gigabit WiFi Hotspot Market, By Geography, 2021 (US$ Million)
- 2.6. Impact of Covid 19
- 2.7. Attractive Investment Proposition by Geography, 2021
- 2.8. Competitive Analysis
- 2.8.1. Market Positioning of Key Gigabit WiFi Hotspot Market Vendors
- 2.8.2. Strategies Adopted by Gigabit WiFi Hotspot Market Vendors
- 2.8.3. Key Industry Strategies
3. Gigabit WiFi Hotspot Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Gigabit WiFi Hotspot Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Gigabit WiFi Hotspot Market: By Component, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. WiFi Access Points
- 4.3.1.1. Indoor
- 4.3.1.2. Outdoor
- 4.3.1.3. Special Purpose
- 4.3.2. WiFi LAN Controller
- 4.3.1. WiFi Access Points
5. Gigabit WiFi Hotspot Market: By Data Delivery, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. < 868 MBPS
- 5.3.2. 868 to 1300 MBPS
- 5.3.3. > 1300 MBPS
6. Gigabit WiFi Hotspot Market: By End-Use, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. Residential
- 6.3.2. Commercial/Industrial
- 6.3.2.1. Retail
- 6.3.2.2. Education
- 6.3.2.3. Manufacturing
- 6.3.2.4. Hospitality
- 6.3.2.5. Healthcare
- 6.3.2.6. Others
7. North America Gigabit WiFi Hotspot Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Gigabit WiFi Hotspot Market: By Component, 2020-2030, USD (Million)
- 7.3. Gigabit WiFi Hotspot Market: By Data Delivery, 2020-2030, USD (Million)
- 7.4. Gigabit WiFi Hotspot Market: By End-Use, 2020-2030, USD (Million)
- 7.5.Gigabit WiFi Hotspot Market: By Region, 2020-2030, USD (Million)
- 7.5.1.North America
- 7.5.1.1. U.S.
- 7.5.1.2. Canada
- 7.5.1.3. Rest of North America
- 7.5.1.North America
8. UK and European Union Gigabit WiFi Hotspot Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Gigabit WiFi Hotspot Market: By Component, 2020-2030, USD (Million)
- 8.3. Gigabit WiFi Hotspot Market: By Data Delivery, 2020-2030, USD (Million)
- 8.4. Gigabit WiFi Hotspot Market: By End-Use, 2020-2030, USD (Million)
- 8.5.Gigabit WiFi Hotspot Market: By Region, 2020-2030, USD (Million)
- 8.5.1.UK and European Union
- 8.5.1.1. UK
- 8.5.1.2. Germany
- 8.5.1.3. Spain
- 8.5.1.4. Italy
- 8.5.1.5. France
- 8.5.1.6. Rest of Europe
- 8.5.1.UK and European Union
9. Asia Pacific Gigabit WiFi Hotspot Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Gigabit WiFi Hotspot Market: By Component, 2020-2030, USD (Million)
- 9.3. Gigabit WiFi Hotspot Market: By Data Delivery, 2020-2030, USD (Million)
- 9.4. Gigabit WiFi Hotspot Market: By End-Use, 2020-2030, USD (Million)
- 9.5.Gigabit WiFi Hotspot Market: By Region, 2020-2030, USD (Million)
- 9.5.1.Asia Pacific
- 9.5.1.1. China
- 9.5.1.2. Japan
- 9.5.1.3. India
- 9.5.1.4. Australia
- 9.5.1.5. South Korea
- 9.5.1.6. Rest of Asia Pacific
- 9.5.1.Asia Pacific
10. Latin America Gigabit WiFi Hotspot Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Gigabit WiFi Hotspot Market: By Component, 2020-2030, USD (Million)
- 10.3. Gigabit WiFi Hotspot Market: By Data Delivery, 2020-2030, USD (Million)
- 10.4. Gigabit WiFi Hotspot Market: By End-Use, 2020-2030, USD (Million)
- 10.5.Gigabit WiFi Hotspot Market: By Region, 2020-2030, USD (Million)
- 10.5.1.Latin America
- 10.5.1.1. Brazil
- 10.5.1.2. Mexico
- 10.5.1.3. Rest of Latin America
- 10.5.1.Latin America
11. Middle East and Africa Gigabit WiFi Hotspot Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Gigabit WiFi Hotspot Market: By Component, 2020-2030, USD (Million)
- 11.3. Gigabit WiFi Hotspot Market: By Data Delivery, 2020-2030, USD (Million)
- 11.4. Gigabit WiFi Hotspot Market: By End-Use, 2020-2030, USD (Million)
- 11.5.Gigabit WiFi Hotspot Market: By Region, 2020-2030, USD (Million)
- 11.5.1.Middle East and Africa
- 11.5.1.1. GCC
- 11.5.1.2. Africa
- 11.5.1.3. Rest of Middle East and Africa
- 11.5.1.Middle East and Africa
12. Company Profile
- 12.1. Aerohive Network
- 12.1.1. Company Overview
- 12.1.2. Financial Performance
- 12.1.3. Product Portfolio
- 12.1.4. Strategic Initiatives
- 12.2. Alcatel Lucent
- 12.2.1. Company Overview
- 12.2.2. Financial Performance
- 12.2.3. Product Portfolio
- 12.2.4. Strategic Initiatives
- 12.3. Cisco System Inc.
- 12.3.1. Company Overview
- 12.3.2. Financial Performance
- 12.3.3. Product Portfolio
- 12.3.4. Strategic Initiatives
- 12.4. Edgecore Networks
- 12.4.1. Company Overview
- 12.4.2. Financial Performance
- 12.4.3. Product Portfolio
- 12.4.4. Strategic Initiatives
- 12.5. Ericsson
- 12.5.1. Company Overview
- 12.5.2. Financial Performance
- 12.5.3. Product Portfolio
- 12.5.4. Strategic Initiatives
- 12.6. HPE (Aruba Networks)
- 12.6.1. Company Overview
- 12.6.2. Financial Performance
- 12.6.3. Product Portfolio
- 12.6.4. Strategic Initiatives
- 12.7. Huawei Technologies
- 12.7.1. Company Overview
- 12.7.2. Financial Performance
- 12.7.3. Product Portfolio
- 12.7.4. Strategic Initiatives
- 12.8. Mojo Network
- 12.8.1. Company Overview
- 12.8.2. Financial Performance
- 12.8.3. Product Portfolio
- 12.8.4. Strategic Initiatives
- 12.9. Nokia Network
- 12.9.1. Company Overview
- 12.9.2. Financial Performance
- 12.9.3. Product Portfolio
- 12.9.4. Strategic Initiatives
- 12.10. Ruckus Wireless
- 12.10.1. Company Overview
- 12.10.2. Financial Performance
- 12.10.3. Product Portfolio
- 12.10.4. Strategic Initiatives
- 12.11. Ubiquiti Networks
- 12.11.1. Company Overview
- 12.11.2. Financial Performance
- 12.11.3. Product Portfolio
- 12.11.4. Strategic Initiatives
- 12.12. ZTE Corporation
- 12.12.1. Company Overview
- 12.12.2. Financial Performance
- 12.12.3. Product Portfolio
- 12.12.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Gigabit WiFi Hotspot Market By Component, 2020-2030, USD (Million)
- TABLE 2 Global Gigabit WiFi Hotspot Market By WiFi Access Points, 2020-2030, USD (Million)
- TABLE 3 Global Gigabit WiFi Hotspot Market By Data Delivery, 2020-2030, USD (Million)
- TABLE 4 Global Gigabit WiFi Hotspot Market By End-Use, 2020-2030, USD (Million)
- TABLE 5 Global Gigabit WiFi Hotspot Market By Commercial/Industrial, 2020-2030, USD (Million)
- TABLE 6 North America Gigabit WiFi Hotspot Market By Component, 2020-2030, USD (Million)
- TABLE 7 North America Gigabit WiFi Hotspot Market By WiFi Access Points, 2020-2030, USD (Million)
- TABLE 8 North America Gigabit WiFi Hotspot Market By Data Delivery, 2020-2030, USD (Million)
- TABLE 9 North America Gigabit WiFi Hotspot Market By End-Use, 2020-2030, USD (Million)
- TABLE 10 North America Gigabit WiFi Hotspot Market By Commercial/Industrial, 2020-2030, USD (Million)
- TABLE 11 UK and European Union Gigabit WiFi Hotspot Market By Component, 2020-2030, USD (Million)
- TABLE 12 UK and European Union Gigabit WiFi Hotspot Market By WiFi Access Points, 2020-2030, USD (Million)
- TABLE 13 UK and European Union Gigabit WiFi Hotspot Market By Data Delivery, 2020-2030, USD (Million)
- TABLE 14 UK and European Union Gigabit WiFi Hotspot Market By End-Use, 2020-2030, USD (Million)
- TABLE 15 UK and European Union Gigabit WiFi Hotspot Market By Commercial/Industrial, 2020-2030, USD (Million)
- TABLE 16 Asia Pacific Gigabit WiFi Hotspot Market By Component, 2020-2030, USD (Million)
- TABLE 17 Asia Pacific Gigabit WiFi Hotspot Market By WiFi Access Points, 2020-2030, USD (Million)
- TABLE 18 Asia Pacific Gigabit WiFi Hotspot Market By Data Delivery, 2020-2030, USD (Million)
- TABLE 19 Asia Pacific Gigabit WiFi Hotspot Market By End-Use, 2020-2030, USD (Million)
- TABLE 20 Asia Pacific Gigabit WiFi Hotspot Market By Commercial/Industrial, 2020-2030, USD (Million)
- TABLE 21 Latin America Gigabit WiFi Hotspot Market By Component, 2020-2030, USD (Million)
- TABLE 22 Latin America Gigabit WiFi Hotspot Market By WiFi Access Points, 2020-2030, USD (Million)
- TABLE 23 Latin America Gigabit WiFi Hotspot Market By Data Delivery, 2020-2030, USD (Million)
- TABLE 24 Latin America Gigabit WiFi Hotspot Market By End-Use, 2020-2030, USD (Million)
- TABLE 25 Latin America Gigabit WiFi Hotspot Market By Commercial/Industrial, 2020-2030, USD (Million)
- TABLE 26 Middle East and Africa Gigabit WiFi Hotspot Market By Component, 2020-2030, USD (Million)
- TABLE 27 Middle East and Africa Gigabit WiFi Hotspot Market By WiFi Access Points, 2020-2030, USD (Million)
- TABLE 28 Middle East and Africa Gigabit WiFi Hotspot Market By Data Delivery, 2020-2030, USD (Million)
- TABLE 29 Middle East and Africa Gigabit WiFi Hotspot Market By End-Use, 2020-2030, USD (Million)
- TABLE 30 Middle East and Africa Gigabit WiFi Hotspot Market By Commercial/Industrial, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Gigabit WiFi Hotspot Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Gigabit WiFi Hotspot Market: Quality Assurance
- FIG. 5 Global Gigabit WiFi Hotspot Market, By Component, 2021
- FIG. 6 Global Gigabit WiFi Hotspot Market, By Data Delivery, 2021
- FIG. 7 Global Gigabit WiFi Hotspot Market, By End-Use, 2021
- FIG. 8 Global Gigabit WiFi Hotspot Market, By Geography, 2021
- FIG. 9 Global Gigabit WiFi Hotspot Market, By Component, 2021 Vs 2030, %
- FIG. 10 Global Gigabit WiFi Hotspot Market, By Data Delivery, 2021 Vs 2030, %
- FIG. 11 Global Gigabit WiFi Hotspot Market, By End-Use, 2021 Vs 2030, %
- FIG. 12 U.S. Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 13 Canada Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 14 Rest of North America Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 15 UK Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 16 Germany Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 17 Spain Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 18 Italy Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 19 France Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 20 Rest of Europe Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 21 China Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 22 Japan Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 23 India Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 24 Australia Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 25 South Korea Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 26 Rest of Asia Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 27 Brazil Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 28 Mexico Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 29 Rest of Latin America Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 30 GCC Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 31 Africa Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
- FIG. 32 Rest of Middle East and Africa Gigabit WiFi Hotspot Market (US$ Million), 2020 - 2030
