Mobile Broadband Modem Market Expected to Grow at a CAGR of 14.62% by 2016 in New Research Report at RnRMarketResearch.com

RnRMarketResearch.com adds latest report on “Global Mobile Broadband Modem Market 2012-2016” to its store.

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Dallas, Texas (PRWEB) May 17, 2013

This research recognizes the following companies as the key players in the Global Mobile Broadband Modem Market: Huawei Technologies Co. Ltd., ZTE Corp., Sierra Wireless Inc., and Novatel Wireless Inc. Commenting on the report, an analyst from Telecom team said: ''Currently, mobile broadband modem providers are offering modems with 3G and 4G network connectivity. This helps in providing uninterrupted 3G or 4G connectivity for the end-users. Moreover, service providers are offering 3G and 4G services at competitive rates to increase the acceptance of these services among end-users and improve their competitiveness. Furthermore, 3G and 4G services offerings are likely to attract individual consumers that require advanced connectivity in their devices. Therefore, the availability of modems that support 3G and 4G networks is a positive trend that will spur the growth of the Global Mobile Broadband Modem market during the forecast period.

According to the report, one of the main drivers in this market is the high adoption of laptops and tablet computers. Since these devices are widely used for personal and professional purposes, the need for mobile broadband connectivity increases. Mobile broadband modems offer the dual advantage of internet connectivity with mobility. Hence, these factors will increase the demand for mobile broadband modems during the forecast period. For further information on this report, please visit http://www.rnrmarketresearch.com/global-mobile-broadband-modem-market-2012-2016-market-report.html

Further, the report states that one of the main challenges in this market is the availability of mobile hotspot routers. Mobile hotspot routers are a cost-effective way of accessing the internet. Moreover, they allow multiple users to access the internet through a single device. Since mobile broadband modems allow internet access for a single user, they are costlier than mobile hotspot routers. Hence, the increase in the adoption of mobile hotspot routers is expected to negatively impact the growth of the Global Mobile Broadband Modem market.

The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are AnyDATA Corp., Franklin Wireless Corp., Motorola Solutions Inc., NetComm Wireless Ltd. and Samsung Electronics Co. Ltd.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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