Mobile Hotspot Router Market in APAC – Market Analysis & Forecast Now Available from Technavio

LONDON–(BUSINESSWIRE)–

Huawei Technologies, NETGEAR, Novatel Wireless are three key vendors highlighted in a new Technavio report

Technavio has published a new report on the mobile hotspot router market in the APAC region, which is expected to grow at a CAGR of nearly 22% from 2015-2019.

Mobile hotspot router market segmentation by shipment

Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different shipment devices, including standalone devices and bundled devices.

The latest report by Technavio also emphasizes the decline in ASP of the mobile hotspot router, which is due to the increasing demand for smart devices and the advancements in the technology.

“The existence of multiple vendors in the market with improvised features of the smart device is expected to decrease the price of the router further, which is likely to drive market growth in the forecast period,” says Faisal Ghaus, Vice President of Technavio.

Mobile hotspot router: Market scope and calculation of market size

This report covers the present scenario and growth prospects for the mobile hotspot router market in the APAC region from 2015-2019. To calculate the market revenue, the report considers the following aspects:

Standalone mobile hotspot routers
Bundled devices

Industry analysis includes:

Key Vendors:
- Huawei Technologies
- NETGEAR
- Novatel Wireless
- ZTE
Market Growth Drivers:
- Increasing demand for Wireless Broadband
- Growth of e-commerce through portable devices
Market Challenges:
- Availability of public hotspots
- Poor last mile connectivity
Market Trends:
- Decline in ASP of the mobile hotspot router
- Pay -as- you-go scheme