Increasing Usage of Smartphone and Tablets Driving the Growth of Global Outdoor Wi-Fi Equipment Market: TechNavio Report
The Global Outdoor Wi-Fi Equipment market to grow at a CAGR of 14.95 percent during 2013-2018.
According to the latest research findings by the independent London-based global research firm TechNavio, increasing usage of Smartphone and Tablets are driving the growth of Global Outdoor Wi-Fi Equipment Market. The findings are for the forecast period 2014-2018.
Due to the increasing adoption of smartphones and tablets by a relatively younger and affluent generation globally, the demand for Wi-Fi access for these devices has increased considerably. Many telecom operators are now setting up network architecture that can contend with the surging demand for smartphones and tablets equally.
Globally, the demand for Outdoor Wi-Fi Equipment Market has increased from countries located in the APAC region, with more than 38 percent of the revenue generating from this area. This is because of the increasing adoption of Wi-Fi equipment in countries like Japan and South Korea, who are the leading contributors in this region.
Global Outdoor Wi-Fi Equipment Market by Geographical Segmentation 2013
Source: TechNavio Analysis
The Americas was the second largest contributor to the Global Outdoor Wi-Fi Equipment market, accounting for more than 37 percent in 2013, with the US and Canada being the major revenue contributors in this region. The EMEA region closely following this accounted for more than 22 percent of the Global Outdoor Wi-Fi Equipment market in 2013, with operators focusing on the development of core mobile networks to offer 4G services.
To determine the scenario for these vendors in the next 3-4 years, TechNavio 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 order of importance.
If you are interested in more information on this topic and our upcoming research on Global Outdoor Wi-Fi Equipment Market 2014-2018, please send an e-mail to media@TechNavio.com.
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Outdoor Wi-Fi Equipment Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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