India hotspot devices market
is anticipated to grow with an impressive CAGR in the forecast period,
FY2023-FY2027. The market has shown a consistent growth in the last five years,
and it is expected to grow with the projected cumulative annular growth rate on
the account of rapidly multiplying usage of smartphones and smart electronic
devices. The development of the technologies that has incorporated connection
of devices through internet has also surged the demand of hotspot devices and
therefore aided the growth of the market in the historical years. As the demand
increases on the same parameters, the market may experience similar growth in
the upcoming five years. Moreover, the extended applications of hotspot devices
in various industries like retail, hospitality, education sector, are also
driving the growth of the India hotspot devices market in the next five years.
Hotspot devices are wireless
access point that can be connected to internet and be used to provide
smartphones, tablets, laptops, etc., access to the internet connection. These
devices are non-portable and wireless. Portable hotspot devices are more in
demand due to their ease of access and advantage of portability. Smartphones,
smart devices like tablets, laptops can be easily connected with portable wi-fi
hotspot device.
The India hotspot devices
market is segmented by type, component, application, regional distribution, and
competitional landscape. Based on type, the market is further bifurcated into hotspot
gateways, hotspot controllers, and mobile hotspot devices. Hotspot gateways are
devices that provide authentication, authorization, and accounting for a
wireless network. These devices maintain the security and keep malicious users
out of the network. The multi-level authentication ensures the encrypted
connections. Mobile hotspot devices are portable devices that can perform the
same functions of a hotspot device but for on the go purposes.
Some of the top players in
the India hotspot devices market are, Huawei Telecommunications (I) Co Pvt Ltd,
NETGEAR Technologies India Pvt Ltd, Novatel Wireless Solutions (India) Private
Limited, Micromax Informatics Limited, TP-Link India Pvt Ltd, ZTE Telecom India
Private Limited, Belkin India Private Limited, Samsung India Electronics
Limited, Bharti Airtel Limited, Verizon
Data Services India Private Limited, Reliance Communication Limited, Vodafone
Idea Limited, Alcatel Lucent India Limited, Google India Private Limited, Digisol
Systems Ltd, among others. New players entering the market may form
partnerships with other players or the end users of the industry for a
consistent inflow of the product. With advancing technology and evolving
devices, the market is bound to experience an impressive growth in the future
years.
Years considered
for this report:
Historical Years: FY2017 – FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 – FY2027
Objective of the Study:
- To analyze the historical
growth of the market size of India hotspot devices market from FY2017 to
FY2020.
- To estimate and forecast the market size of India hotspot
devices market from FY2021 to FY2027 and growth rate until FY2027.
- To classify and forecast India hotspot devices market based on type, component, application, competitional landscape, and regional
distribution.
- To identify dominant region or segment in the
India hotspot devices market.
- To identify drivers and challenges for India hotspot
devices market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
hotspot devices market.
- To identify and analyze
the profile of leading players operating in India hotspot devices market.
- To identify key sustainable strategies adopted
by market players in India hotspot devices market.
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TechSci Research performed both primary
as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of manufacturers, suppliers, and service providers
across the country. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. Through this technique, TechSci Research
could include the manufactures which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the manufactures,
distribution channels and presence of all major players across the country.
TechSci Research calculated the market
size of India Hotspot
Devices market
using a bottom-up approach, wherein data for various end-user segments was
recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analyzing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company websites, news articles, press releases, company annual
reports, investor presentations and financial reports were also studied by
TechSci Research.
Key
Target Audience:
- Hotspot devices manufacturers, end users, and other
stakeholders
- Distributers and suppliers of hotspot devices and other
stakeholders
- Organizations, forums and alliances related to hotspot
devices
- Market research and consulting firms
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India hotspot devices market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
By Type () By Component () By
Application ()
- India Hotspot Devices Market, By Type:
- Hotspot Gateways
- Hotspot Controllers
- Mobile Hotspot Devices
- India Hotspot Devices Market, By Component:
o Hardware
o Software
o Services
- India Hotspot Devices Market, By Application:
- Financial Services
- Healthcare
- Transportation
- Telecom & IT
- Education
- Retail
- Others
- India Hotspot Devices Market, By Region:
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in India hotspot devices market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
India Hotspot Devices
Market is an upcoming report to be released soon. If you wish an early delivery
of this report or want to confirm the date of release, please contact us at [email protected]