The global market value of portable Wi-Fi routers for cars was USD 1.09 billion in 2020. The global portable car WiFi router market is expected to grow at a compound annual growth rate (CAGR) of more than 15% during the forecast period from 2021 – 2030.
Portable Car Wi-Fi Router Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact Research Report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It tracks the historical and forecasted market growth of the market by geography. It puts the market in the context of the wider Portable Car Wi-Fi Router Market , and compares it to other markets., market definition, regional market opportunity, sales and revenue by regions, cost of production analysis, industry chain, market effect factors analysis, Digital Evidence Management market size forecast, market data and charts and statistics, tables, Bar- and pie charts and much more for business intelligence. Get full report (Includes full table of contents, 100+ tables and figures and graph). – In-depth Analysis Pre- and Post-COVID-19 Market Outbreak Impact Analysis and Situation by Regions
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In a car, a portable wifi router provides uninterrupted internet connection while you are on the move. These devices are plug and play and can be used to connect the vehicle to the internet. Portable routers allow users to move them from one location to another without interrupting their network connectivity.
Factors Influencing the Market
The increasing technological advancements in automotive design and the technological advancements of technology-driven companies open up a world of business opportunities.
Connectivity in vehicles is increasing as a result of the development of infrastructure to offer connected cars, automated driver assistance systems and infotainment systems in vehicles. It drives global market growth.
The widespread adoption of cloud-based solutions, the increased use of automotive telematics solutions and the emergence of cloud technology have all positively impacted global market growth.
The high cost of advanced technologies and lack of uninterrupted online connectivity are likely to hinder market growth during the forecast period.
Several factors such as low internet connectivity and the increase in connected cars will contribute to the market growth during the forecast period.
Impact analysis of COVID-19
Global challenges such as economic, humanitarian and healthcare are unprecedented in COVID-19.
Rapid spread of the disease has negatively impacted the global auto industry, decreasing the demand for vehicles.
During the pandemic, personal mobility will be the preferred mode of last-mile transportation, and advanced safety and security systems for electric vehicles will register a reasonable growth rate.
With increasing home working, travel cancellations and trips to restaurants and supermarkets, the mobility industry, including bicycles, mopeds and e-scooters, is facing devastating losses in revenue and passengers.
Some countries will be able to fill the supply and demand gap by the end of 2020, leading to new car registration. It happened because people wanted to avoid public transportation for local commutes.
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The Asia-Pacific market is set to grow at a higher CAGR during the forecast period 2021-2027. Due to the presence of several automakers and their plans to expand their production capacity in the region, developing and developed countries such as China, India and Japan are the main contributors to the rapid growth of this market. In addition, the large number of passenger car production and sales in the region can boost the portable car WiFi router market.
The major prominent players in the global portable WiFi router market for cars are:
Huawei Technologies Co., Ltd
KuWFi Technology Co., Ltd.
Shenzhen Zhiguanghong Technologies Co., Ltd
Guangzhou Gaoke Communication Technology
Other prominent players
The global market segmentation for portable WiFi routers for cars focuses on vehicle type, sales channel, vehicle class, application and region.
Segmentation based on vehicle type
Light commercial vehicle
Heavy Duty Vehicle
Segmentation by sales channel
Segmentation based on vehicle class
Segmentation by region
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The United States
Rest of Western Europe
Rest of Eastern Europe
Australia & New Zealand
Rest of Asia-Pacific
Middle East and Africa (MEA)
Rest of MEA
Rest of South America
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What is the purpose of the report?
- The Market Report presents the estimated market size of the $$ Portable Automotive Wi-Fi Router Market by the end of the forecast period. In addition, the report also looks at the historical and current market size.
- Based on various indicators, the annualized growth rate (%) and the compound annual growth rate (CAGR) for the given forecast period are offered.
- An overview of the market based on geographical scope, market segmentation and financial performance of the key players is presented in the report.
- The report presents the current industry trends and future scope of the market in North America, Asia-Pacific, Europe, Latin America & the Middle East and Africa.
- The various parameters accelerating the growth of the market are included in the research report.
- The report analyzes the growth rate, market size, and market valuation during the forecast period.
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