Category: Technology News

Mobile hotspot router market 2015 is expected to grow at a CAGR of 21.12% By 2019: Market Research Store

About Mobile Hotspot Router

A mobile hotspot is a very compact wireless router that enables end-users to avail high-speed Internet services without any wires, because devices are connected via 3G or 4G mobile connections. It provides connectivity within a range of 30-33 feet and allows end-users to connect multiple Wi-Fi-enabled devices to a single router, thereby helping reduce the overall cost of Internet services. A mobile hotspot router is specifically designed as a pocket-sized device with an in-built battery, which can be easily carried from one place to another. The main use of a mobile hotspot router is to provide connectivity to multiple users, allowing a wide range of devices to access data from the Internet.

Global Mobile hotspot router market is expected to grow at a CAGR of 21.12% over the period 2014-2019.

“Increase in need for broadband is expected to drive the growth of the market during the forecast period. The numbers of broadband users is increasing in step with the adoption of electronic devices connecting to the Internet.”

“Advances in technology and innovations engineer reductions in the prices of electronic equipment on a YoY basis, but this is not the case with mobile hotspot devices. Even laptops, tablets, smartphone prices decline from the time they are introduced in the market,”.

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“It is expected that device prices will reduce further during the forecast period and the market will witness significant spikes in device uptake, both on a contract basis as well as at full retail prices.”

Covered in this Report

The report covers the present scenario and the growth prospects of the global mobile hotspot router market for the period 2015-2019. The market can be segmented based on bundled devices and standalone devices.

Global Mobile Hotspot Router Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Market Drivers

Increase in need for broadband
Growing need for portable broadband devices
Growing need for mobility
Increase in adoption of LTE

Key Market Trends

Rising adoption of 3G and 4G mobile hotspot routers
Pay-as-you-go business model
Decline in device prices
Increasing availability of Wi-Fi-enabled devices
Multiple operational features

Key Market Vendors

Huawei Technologies
NETGEAR
Novatel Wireless
ZTE

To define the market circumstances in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

Amazon Fire mobile phone may be discontinued

This could follow a string of engineer layoffs from the Lab126 research and development lab.

Amazon recently let dozens of its Lab126 engineers go from its research and development facility, located in San Francisco, and it now looks as though its mobile phone will be the next thing on the chopping block.

The announcement of the discontinuation of the Amazon Fire Phone has not yet been made official.

That said, considering the direction of their R&D, many have speculated that the company’s in-house consumer electronics efforts may be going the way of the dodo, as well. The mobile phone released by the company has been facing considerable struggles ever since it was first launched in 2014. The Wall Street Journal cited “people familiar with the matter” in a recent article in which it stated that the online marketplace had “dismissed dozens of engineers who worked on its Fire Phone.”

This makes it clear why there is considerable speculation involving the cancellation of that mobile phone.

Mobile Phone - Amazon FireThose are the first layoffs that Lab126 has experienced since it first opened its doors 11 years ago, said the WSJ report.

Even though the Amazon Fire Phone did receive some very positive reviews when it was first released in July 2014, it never managed to scoop up a very large portion of the smartphone marketplace. Its initial launch price was $449.00, though that price tag dropped after the first few months. The operating system was a type of branch of Android, and it did receive some criticism based on the proprietary mobile apps that it contained that were clearly focused on the Amazon experience.

Despite the fact that the focus of the mobile phone on linking itself to Amazon in several different ways through its proprietary apps was supposed to provide the device owner with a considerable advantage when shopping, it turned out to be a primary obstacle. People started to view the device as being meant for a “single-purpose”, which was to continually direct shoppers back to Amazon in order to buy both physical and digital products. This criticism was one of the primary barriers to acceptance by many consumers who might otherwise have considered buying it.