Wi-Fi Hotspot Market size is set to grow by USD 6.35 billion from 2024-2028

The global wi-fi hotspot market size is estimated to grow by USD 6.35 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 16.7% during the forecast period.

The Wi-Fi hotspot market encompasses advanced features and solutions in various public locations, such as airports, cafes, and transportation hubs. Authentication processes ensure secure access to carrier Wi-Fi and captive portal solutions. Advertising opportunities and data traffic offload are significant benefits for mobile subscribers in high-traffic venues.

Industrial sensors and IoT devices expand the market's reach in industry verticals, including education, hospitality, and financial services. Network management software and consulting services optimize network performance and security against hacking attempts and data theft. The market's growth is driven by the digital transformation, increasing Internet penetration, and the mobile workforce in developing economies.