4G LTE Hotspot Market, By Connectivity Type (Wired and Wireless), and By Application (Commercial and Personal) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026

  • To Be Published : Sep 2018 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Dependency on the internet has increased substantially in the recent past for conducting business or for personal use. Connecting over cellular data on mobile leads to rapid draining of battery and hence, demand for external hotspot device is gaining traction in the market. The infrastructure at disposal in multiple regions North America, Asia Pacific, Africa, Europe, Middle East and Latin America among others, is conducive for supporting 4G LTE services without much interruption and hence, supporting growth of the 4G LTE hotspot market.

4G LTE hotspots have gained significant traction since its introduction in the market. This can be attributed to multiple factors including increasing number of smart devices that need to be connected simultaneously for various reasons. Connecting multiple devices with a mobile hotspot or even enabling them all with SIM cards seems to be a complex and expensive task. However, hotspot proves to be a hassle free connectivity solution for multiple devices.

Technological advancements in terms of speed and long battery life of wireless hotspots is aiding in increasing adoption and growth of 4G LTE hotspot devices. Also, growing demand for internet services on-the-go are triggering demand for 4G LTE hotspot in the global market. A large number of people travelling require efficient solutions for uninterrupted connectivity across geographies and hence, need 4G LTE hotspot devices.

Growing need to keep multiple smart devices connected is major factor driving growth of the market

Rising adoption of smart devices, including smartphones, tablets and cameras among others is expected to drive growth of the global 4G LTE hotspot market, during forecast period. This is owing to increasing demand for connectivity to internet for these devices. Furthermore, growing adoption of connected home, connected vehicles, and others is propelling growth of the market. This can also be attributed to lowering internet charges, which is further boosting adoption of 4G LTE hotspots. Globalization has resulted in professional personnel to keep travelling across various geographies, during which devices needs to be connected with a constant and consistent internet services for increasing efficiency of businesses. For this 4G LTE hotspots are best suited and are being offered at competitive prices, owing to competition among large number of services providers in the market.

Global 4G LTE Hotspot Market: Regional Insights

North America held a dominant position in the global 4G LTE hotspot market in 2016, and is expected to retain its dominance throughout the forecast period. This growth is attributed to large number of smart devices in the region and increasing need to connect them all with efficient LTE hotspot. According to Coherent Market Insights, global number of hotspots is expected to reach 340 million in number and it averages to a hotspot for 20 people across the globe. Also, in North America, it is expected that for every four people, one hotspot will be used, whereas, the density for Africa is expected to be 1 hotspot for 408 people. As per analysis of Coherent Market Insights, Europe is estimated to exhibit high hotspot density in 2018. Asia Pacific is expected to exhibit highest CAGR, over the forecast period, owing to rapidly increasing internet penetration and increasing adoption of connected and smart devices in the region.

Global 4G LTE Hotspot Market: Competitive Background

Major players operating in the 4G LTE hotspot market are Verizon, AT&T, T-Mobile, FreedomPop, Samsung, Internet on the Go, Sprint, Huawei, D-Link, and TP-Link.

Global 4G LTE Hotspot Market: Taxonomy

On basis of Connectivity type,

  • Wired
  • Wireless

On basis of Application type,

  • Commercial
  • Personal

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.