Global Home Broadband Wi-Fi Devices Market 2017-2021
About Home Broadband Wi-Fi Devices
Wireless home broadband solutions use wireless devices, such as a router or a dongle, for connecting to the internet via Wi-Fi technology. These devices, unlike fixed line connections, use a cellular 3G or 4G technology at the backhaul of their network to provide internet connection to end-users. The device uses a subscriber identity module (SIM) card for authentication and for encoding and decoding the data to be uploaded or downloaded.
Technavio’s analysts forecast the global home broadband Wi-Fi devices market to grow at a CAGR of 8.43% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global home broadband Wi-Fi devices market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Home Broadband Wi-Fi Devices Market 2017-2021
Technavio recognizes the following companies as the key players in the global home broadband Wi-Fi devices market: Cambium Networks, Huawei Technologies, NETGEAR, TP-Link Technologies, and ZTE.
Other Prominent Vendors in the market are: Belkin International, D-Link, and Novatel Wireless.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is pay-as-you-go business model. The pay-as-you-go business model by cellular providers is a type of mobile phone service subscription through which SIM owners can pay in advance for data and can add more data as and when needed, which can be daily, weekly, or monthly.”
According to the report, one driver in the market is need for higher throughput. All internet users require high-speed throughput, in other words, data speeds. Emerging multimedia venues, such as social applications, virtual reality, and e-commerce, require more bandwidth compared with the situation since 2013. With the entry of Internet of Things (IoT)-based smart applications, the amount of data traveling across the network is increasing significantly. These requirements can be fulfilled by high-speed and real-time wireless networks.
Further, the report states that one challenge in the market is increasing availability of public hotspots. The rapid growth of wireless carriers is challenging the availability of spectrum. As a result, the cellular operators have a limiting cap on data consumption and provide data packs that are priced at a higher rate compared with the price of data services offered by fixed-line internet service providers. However, a rise in Wi-Fi hotspots can have a significant impact on mobile hotspots and dongles, thereby offloading internet traffic back onto Wi-Fi networks.
Cambium Networks, Huawei Technologies, NETGEAR, TP-Link Technologies, ZTE, Belkin International, D-Link, and Novatel Wireless.
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