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Press Release / Technology / Carrier Wi-Fi Equipment Industry: Analysis and Opportunity Assessment 2019-2023

Carrier Wi-Fi Equipment Industry: Analysis and Opportunity Assessment 2019-2023

By mandar on August 20 2019 | 153 Views

Global carrier Wi-Fi equipment market is estimated to grow at a CAGR of 25% during the forecast period 2017-2023

 Carrier Wi-Fi Equipment - Market synopsis
Global carrier Wi-Fi equipment market is estimated to grow at a CAGR of 25% during the forecast period 2017-2023
Wi-Fi innovation is in quick effect and is executed in a scope of gadgets like cell phones, tablets, laptops and other customer hardware. The rise in adoption of different types of devices, wearable gear and the expanding utilization of Wi-Fi over these electronic gadgets has brought about a sharp increase in providing remote information. This makes key organizations compete for expanded system request from the users and updated ability to guarantee smooth remote availability. One of the major concerns for consumers is security on open networks as well as cellular and internet service providers across the world. A major threat consumers face is the open and unprotected Wi-Fi networks in public places. Transporter Wi-Fi can be connected in areas like group Wi-Fi executions and open hotspot arrangements, for example, restaurants, cafes and colleges.
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The major advantage that carrier Wi-Fi offers is the carrier grade security, that means that the open and unsecured Wi-Fi network is toughened to protect it from general security threats such as virus, spam spoofing and spyware. This is further enthralling the demand of carrier Wi-Fi which is further encouraging the growth of the carrier Wi-Fi equipment market.
Carrier Wi-Fi Equipment Market - Industry Segments
On the basis of product type, the market is segmented into fixed carrier, mobile carrier, and third-party carriers. A mobile carrier is a service provider that provides connectivity services to mobile phone and tablet. Among the product type, mobile carrier has the largest market share. Mobile carriers are allowed to sell access of their radio spectrum to other enterprises that operate as mobile virtual network operators. MVNOs do not own a base station, spectrum or infrastructure which is needed to transmit signals but instead lease from a licensed operator in their area.
On the basis of application, the market is segmented into carrier Wi-Fi in 3G networks and Carrier Wi-Fi in 4G networks. The ubiquity of Wi-Fi and the proliferation of dual-mode smartphones and tablets present a major opportunity for mobile operators to offload data and video traffic from their
increasingly congested 3G and 4G cellular networks, as well as to offer a subscription service for users with Wi-Fi-only devices.
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Regional Analysis
By geography, the U.S. retains the top spot in the global carrier Wi-Fi market. The standardization initiatives like Hotspot 2.0 and the almost universal inclusion of Wi-Fi in every smartphone, PC, and tablet being built today, carrier-controlled Wi-Fi is expected to see wide-scale adoption, especially in markets like North America, Japan, and South Korea. However, Asia Pacific expects to show the fastest growth rate among all the regions. The roadmap to the growth includes popularity of carrier Wi-Fi access service as a premium service and rise in data traffic in cellular network. The number of mobile users in India and China are increasing by big numbers and is expected to reach the highest across the globe due to the growing population. With the increasing penetration of smartphones, the mobile traffic is also expected to rise in these countries, thereby creating varied opportunities for Asia Pacific to become an emerging market for carrier Wi-Fi equipment market, flagging new technological methods and techniques for telecom operators to develop.
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