"Smart Strategies, Giving Speed to your Growth Trajectory"

MiFi Market Size, Share, and COVID-19 Impact Analysis, By Type (High-Density Wi-Fi, Enterprise-Class Wi-Fi), By Organization (Large Enterprise, SMEs), By Application (Telecom and IT, Hospitality, Healthcare, Education, Financial Services, Transportation, Retail), and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI107192 | Status : Ongoing

 

KEY MARKET INSIGHTS

MiFi a portable broadband device that allows mobile devices and multiple end-users to create an ad-hoc network and share mobile broadband internet connection. MiFi uses cellular signals to give a wireless internet connection. It can be used on cell phones with built in secure functions or through an independent mobile hotspot with a cellular data plan and sim card.


MiFi, named by Novatel, is often used as a generic label for any device capable of becoming a pocket router or personal hotspot. It is different than a mobile dongle, which allows to connect only on a single device and to Wi-Fi.

MiFi depends on sim cards for internet access so the internet quality and speed depend on good mobile coverage. Most MiFi devices are basically built small, such as smart phones, so that it can easily fit into a pocket. It also consists of USB type C port so that it can be charged with universal chargers that work with today’s smartphones.

Impact of COVID-19 on the MiFi market


The market has been significantly impacted on the expansion of the internet worldwide due to the outbreak of COVID-19 pandemic. Due to movement restrictions and lockdowns across the globe, demand for high speed wireless services has been surged in most regions, owing to the growing trend of working from home. The increased demand has made a significant contribution to the MiFi market growth.

Due to the pandemic, it has risen the demand for MiFi, owing to work from home adopted by virtual learning by educational institutes and companies as well as rising demand for Over-The-Top (OTT) platforms among consumers. It also increased dependency on the internet for work, studying, and staying connected.

Furthermore, the rising demand for developed data communications led to sharing of faster information among people within the organization, which is driving market growth. However, increasing internet penetration with connected devices, such as IoT devices and smartphones, has led to employment of Internet of Things (IoT) and Bring Your Own Device (BYOD) corporate models, thereby driving revenue growth of the market.

Key Insights


The report will cover the following key insights:


  • Micro & macroeconomic indicators

  • Drivers, restraints, trends, and opportunities

  • Business strategies adopted by the players

  • Impact of COVID-19 on the MiFi market

  • Consolidated SWOT analysis of the key players


Analysis by Application


Based on application, the market includes telecom and IT, hospitality, healthcare, education, financial services, transportation, and retail. The transportation segment is expected to hold the largest MiFi market share as it helps people to connect the internet without any wired connectivity and can travel from any regions with the pocket sized devices.

MiFi device also helps people to attend any meeting while travelling and can connect to social media and more devices such as smartphones can be added with MiFi devices. Due to this, there has been an increased demand for MiFi.

Regional Analysis


To gain extensive insights into the market, Request for Customization


The global MiFi market is divided into five regions, North America, Europe, Asia Pacific, the Middle East & Africa, and South America. North America is expected to account for a major share of the MiFi market, and is expected to continue during the forecast period. The start-ups in North America are growing at a fast pace as compared to other regions.

Also, the beginning of SMEs and increasing R&D activities by large enterprises have aided the growth of the North America market. The growth is mainly driven by the increasing adoption of enterprise and business solutions. These solutions make the business processes and operations more flexible and active.

Key Players Covered


The key players in the market include Vodafone Idea Limited, Palcom International Corp, Juniper Networks, Inc, Shenzhen Junxin-Win Technology Co., Ltd, MaxComm, Shanghai Kuanyi Communication Technology Co. Ltd., Huawei Device Co., Ltd, and others.

Segmentation


















By Type


By Organization 


By Application


By Geography



  • High-Density Wi-Fi

  • Enterprise-Class Wi-Fi




  • Large Enterprise

  • SMEs


 



  • Telecom and IT

  • Hospitality

  • Healthcare

  • Education

  • Financial Services

  • Transportation

  • Retail


 



  • North America (U.S., Canada, Mexico)

  • Europe (U.K., Germany, France, Italy, Spain, Benelux, Nordics, Rest of Europe)

  • APAC (China, Japan, India, South Korea, ASEAN, Oceania, Rest of APAC)

  • South America (Brazil, Argentina, Rest of South America)

  • Middle East and Africa (Turkey, Israel, GCC, South Africa, North Africa, Rest of MEA)



Key Industry Developments



  • October 2022: Fibocom, a global provider of the Internet of Things (IoT) wireless solutions and wireless communication modules, announced the launch of 5G module FG370 powered by the newly-launched MediaTek T830 platform, FG370, which is set to bring enhanced mobile broadband, low latency, and ultra-reliable 5G Fixed Wireless Access (FWA) connectivity solution for global operators.

  • March 2022: Vodafone Idea launched Vi MiFi for family plans and postpaid customers. Vi MiFi is a pocket-sized 4G router that delivers reliable, high speed, and secure connectivity for multiple devices. Vi MiFi comes with an inbuilt 2700 mAh rechargeable battery that can provide uninterrupted connectivity for up to 5 hours on a single charge.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Information & Technology Clients
huawei
Samsung
Sony
Bain & Company
Softbank
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X