Wi-Fi Hotspot Market Global Trend, Segmentation and Opportunities Forecast to 2024

Wi-Fi Hotspot Market Global Trend, Segmentation and Opportunities Forecast to 2024

The wi-fi hotspot market analysis document represents a detailed collection of prioritized market definitions, industry scope and reach, and pivotal industry insights. Information about the many pitfalls of the market as well as the frequent challenges encountered by core industry players have been summarized in the report. That apart, the document also endorses details about the numerous driving parameters impacting the revenue landscape of this vertical.

The global Wi-Fi hotspot market is projected to witness exponential growth in the ensuing years, on account of rising penetration of smart devices across the globe, serving an array of purposes such as video calling, geo-tracking, temperature control, home security, entertainment, and much more. In an era embroiled by state-of-the-art technological advancements, the utilization of Wi-Fi hotspots holds more value than is estimated. A Wi-Fi hotspot creates an area with wireless internet accessibility, often used in places like airports, offices, colleges, and coffee shops.

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Aptilo Networks, a producer and marketer of software systems for Wi-Fi services & mobile data, holds a strong footprint in the global Wi-Fi hotspot market inspired by innovative & customer-centric solutions. In a recent turn of events, Aptilo Networks along with Swisscom has won the Wi-Fi NOW Award for the 'Best Wi-Fi Service Provider', besides securing the award for 'Best Service Provider Wi-Fi solution' for its novel Consent & Personal Data Management Solution.

Lately, Swedavia, which owns and manages the top Sweden airports, has reportedly extended its decade-long collaboration with Aptilo Networks to provide carrier’s Wi-Fi services to all state-owned airports in Sweden. Swedavia runs ten airports including Bromma Stockholm Airport, Göteborg Landvetter Airport, and Stockholm Arlanda Airport. Roughly 30,000 people use Swedavia’s Wi-Fi facility daily. This ongoing collaboration will bring about an abundant revenue in-flow for Aptilo Networks, thereby augmenting Wi-Fi hotspot market.

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Asia Pacific is another lucrative Wi-Fi hotspot market, which is predicted to attain a CAGR of over 15 percent during 2018-2024, because of the immense proliferation of smartphones devices and a giant internet user base in the region. In the coming years, India will be a major contributor to the global market share, as the Indian telecom industry has plans to roll out about one million Wi-Fi hotspots by 2019-year end. Reportedly, Jio, BSNL, Vodafone, Airtel, and Idea, the leading telecom service operators, have joined forces to install one million Wi-Fi hotspots across the Indian territory in a year’s time.

Major Wi-Fi giants along the likes of Ipass, Nokia Networks, Aptilo Networks, Netgear, Ericsson, Boingo Wireless, Cisco Systems, and Aruba Networks partaking in the industry sphere, are expected to largely rely on collaborations and acquisitions to expand their revenue share in the ensuing years.

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