At present, the development of mobile hotspots is still continuously improving and developing. The global mobile hotspot market is in a growth stage.There are some achievements, but still are many challenges, such as how to use mobile hotspots better, how to reduce the cost of network construction, etc. Related industry is focusing on these questions. How to develop and upgrade mobile hotspot technologies in the future? It needs professionals and experts researching together. Today, KingTop will guide you to have a better understanding of the challenges of global mobile hotspots market.
Increased Availability of Public WiFi Hotspots
Countries around the world are digitizing through the development of IoT infrastructure. Providing free WiFi is one of their main goals, which has driven the installation of global public WiFi. In 2015, the global deployment of public WiFi reached 5.98 million, and it is expected to grow at a compound annual growth rate of 12.34%. Public WiFi hotspots are being deployed in public places, including airports, cafes, train stations, and restaurants. Public WiFi hotspot operators provide users with the following types of access: Free, no password required; Free, but subject to certain terms and conditions. Many countries are deploying public WiFi hotspots to provide free WiFi to the public.
The deployment of public WiFi hotspots will decrease the demand for mobile hotspots. However, it is expected that increasing the deployment of public WiFi hotspots will not have a significant impact on the market. This is due to the following reasons:
① Most public WiFi is free. A large number of users access the internet at the same time, resulting in slow internet speed.
② The coverage area of public WiFi is limited.
③ Security and privacy issues when accessing public WiFi. It is shared internet access, so anyone within the scope can view users' sensitive information.
Data Security And Privacy Issues
All devices that transmit wireless signals for use by multiple devices are susceptible to security issues. The most commonly used encryption technologies among these devices are Wireless Encryption Protocol (WEP) and Wireless Protected Access (WPA), which can protect private wireless networks. However, wireless eavesdroppers can quickly decode hotspot traffic by using private encryption keys. With the advancement of technology, such eavesdroppers have found it increasingly easy to capture data packets through insecure connections. A security threat may be caused by using hotspots, because hackers can capture information, including websites viewed, login information, personal or business files. Any device connected to the internet will have security issues. Therefore, it is best to use enhanced security algorithms to ensure network security.
Connection Issues
The Internet is the backbone of the IoT device market. IoT devices require reliable and high-speed internet connectivity to run effectively. Although many countries such as the United States, the United Kingdom, and Japan have the most advanced internet infrastructure, other countries lack the basic infrastructure for internet connectivity. In suburbs and highways, network quality is often poor, and mobile network operators need to establish solutions to provide connectivity for IoT devices in these areas. This challenge has the greatest impact on the consumer sector, as individual consumers cannot access high-speed internet anywhere. Low network speed and latency (the time required for data packets to be transmitted between devices in the network) are affecting consumers' adoption of mobile hotspots. The average download speed in South Korea is the fastest, at 23Mbps, followed by Hong Kong's 16.3Mbps and Japan's 15Mbps. Therefore, the adoption rate of mobile hotspots is expected to be high in these countries. In countries with lower internet speeds, the adoption of mobile hotspots is expected to be sluggish.
Mobile Devices that Integrate Wireless Hotspots
Most smart devices on the market have integrated WiFi hotspot capabilities. This means that users can connect to multiple devices and share their smartphone's internet connection through WiFi. This is called WiFi tethering, where smartphones act as mobile hotspots. Some manufacturers are offering integrated WiFi hotspots provided by wireless operators in their smartphones.
However, connecting several devices to a smartphone can cause the phone's battery to drain very quickly. Therefore, people only occasionally use it as a hotspot. In addition, when using smartphones as mobile hotspots, users must make a choice between data connection and voice. This means that if a user uses a smartphone as a WiFi hotspot, he or she cannot talk over the phone.
High Rate Plan
Wireless broadband is more expensive than home digital subscriber line (DSL) connections or cable settings. For example, the cost of a 250GB wired AT&T broadband connection is $30; For hotspots, consumers must pay $149.99 for 5GB of data per month, with an additional 1GB supplementary fee of $10. Relatively speaking, compared to wired broadband, the cost of hotspot connections is higher. Although hotspots provide mobility and convenience, the pricing of data plans may be an obstacle to adopting hotspots, hindering market growth. Many service providers do not provide any carryover options for unused data, and it is expected that as adoption rates increase, data plans will become more affordable during the forecast period. During the forecast period, data planning will become more cost-effective.
Ending
These are challenges of mobile hotspot market. Although these challenges are common, some internet providers like KingTop are not afraid to face them. KingTop has been working hard to develop new, unique, and better mobile hotspot devices. Moreover, KingTop hopes to continuously improve the user experience. Now, on the path of providing better service to customers at KingTop, they are constantly striving and will continue to innovate and improve technology to ensure that our users can receive the best service. KingTop is committed to providing users with fast, reliable, secure, stable, and efficient network connection services.