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Mobile Hotspot Market to grow by USD 2.62 Billion from 2024-2028, driven by smart city development and AI-powered market evolution – Technavio

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NEW YORK, Oct. 28, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Global Mobile Hotspot Market  size is estimated to grow by USD 2.62 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  9.89%  during the forecast period. Increase in development of smart cities is driving market growth, with a trend towards growing integration of IOT and smart devices. However, technological advancements and compatibility issues in operating mobile hotspots  poses a challenge.Key market players include Acer Inc., AT and T Inc., D Link Corp., GlocalMe, HTC Corp., Huawei Technologies Co. Ltd., Inseego Corp., KonnectONE, Linksys Holdings Inc., Netgear Inc., Orbic, Samsung Electronics Co. Ltd., Simo Holdings Inc.,, T Mobile US Inc., Telstra Corp. Ltd., TP Link Corp. Ltd., United Telecom LLC, Verizon Communications Inc., Vodafone Group Plc, and Zyxel Communications Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

Segment Covered

Type (Mobile hotspot router and USB stick), End-user (Commercial use and Personal use), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Acer Inc., AT and T Inc., D Link Corp., GlocalMe, HTC Corp., Huawei Technologies Co. Ltd., Inseego Corp., KonnectONE, Linksys Holdings Inc., Netgear Inc., Orbic, Samsung Electronics Co. Ltd., Simo Holdings Inc.,, T Mobile US Inc., Telstra Corp. Ltd., TP Link Corp. Ltd., United Telecom LLC, Verizon Communications Inc., Vodafone Group Plc, and Zyxel Communications Corp.

Key Market Trends Fueling Growth

The mobile hotspot market is experiencing significant growth due to the increasing demand for internet connectivity on-the-go. Businesses and individuals rely on mobile hotspots to stay connected during travel or in areas with limited wired internet access. Major players in this market include companies like Apple, Huawei, and Netgear, who offer a range of mobile hotspot devices with varying features and price points. These devices provide a convenient and flexible solution for businesses and individuals seeking reliable internet access in diverse locations.

Mobile hotspots have become essential for businesses seeking reliable internet connectivity, especially during travel or remote work situations. These portable devices, including pocket routers and travel routers, offer integrated services, enabling multiple devices to connect to 3G/4G signals or Wi-Fi networks. Businesses can optimize network performance with hardware and software solutions, ensuring stable LTE connections for virtual collaboration and IoT technologies. With the advent of 5G networks, mobile hotspots are integrating this technology for enhanced speed and security features. VPNs and 5G integration offer increased security for data breaches. The Nighthawk M6 is a popular choice for professional use due to its multiple device support and 5G capabilities. Mobile hotspots are crucial for digital transformation, providing remote work solutions and reliable internet access for smart devices.

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Market Challenges

The mobile hotspot market is growing as more businesses adopt wireless connectivity solutions for their operations. This trend is driven by the increasing need for flexibility and mobility in the workforce. Mobile hotspots provide a cost-effective and convenient way for businesses to ensure their employees stay connected while on the go. Major players in the market include companies like Huawei, TP-Link, and Netgear, offering a range of mobile hotspots with varying features and price points. Businesses can choose from portable hotspots for individual use or larger, enterprise-grade solutions for teams. With the continued advancements in technology, mobile hotspots are expected to become an essential tool for businesses looking to stay competitive in today’s fast-paced business environment.The Mobile Hotspot market is experiencing significant growth due to the increasing demand for portable internet access. However, several challenges persist, such as ensuring download and upload speeds meet user expectations. Enterprise and healthcare sectors require high-performance hotspots for cloud-based applications and virtual learning. Cyber threats are a concern for all industries, necessitating Wi-Fi security software. Travelers need data plans that fit their needs and battery life for extended use. Standalone devices versus bundled devices is a commercial vs. Domestic consideration. Smart homes, remote working, and IoT devices require multi-functional devices and compact routers. Portability and remote working also drive the need for wireless hotspot controllers. Network operators, telecom service providers, equipment manufacturers, managed service providers, software vendors, and wireless hotspot gateways are key players in this market. High-speed wireless transmission and network security are essential for various sectors, including telecom and IT, financial services, hospitality, transportation, communication service providers, and enterprises. Mobile applications and network infrastructure also play a crucial role.

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Segment Overview 

This mobile hotspot market report extensively covers market segmentation by

Type 1.1 Mobile hotspot router1.2 USB stickEnd-user 2.1 Commercial use2.2 Personal useGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Mobile hotspot router-  The mobile hotspot market continues to grow as more businesses and individuals rely on reliable internet connectivity. Mobile hotspots provide convenience and flexibility, allowing users to access the internet from anywhere. Major players in this market include companies like Huawei, TP-Link, and Netgear, offering various models with different features and price points. The competition is fierce, leading to innovation and improved technology. Businesses and consumers benefit from this market growth, as mobile hotspots become an essential tool for productivity and connectivity.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data ( – ) 

Research Analysis

The Mobile Hotspot market refers to the growing demand for portable devices that provide wireless internet connectivity through cellular data networks or Wi-Fi. These devices, also known as mobile hotspots, enable reliable internet access for multiple devices, making them ideal for remote work solutions and smart devices. The market includes various components such as wireless networks, Wi-Fi, and cellular data networks, and is driven by the need for enhanced security features and 5G integration. Software vendors, network operators, telecom service providers, equipment manufacturers, managed service providers, wireless hotspot controllers, and mobile hotspot device makers are key players in this market. Mobile hotspots come in various forms, including portable hotspots, travel routers, pocket routers, and MiFis, which support 3G/4G signals, LTE, and VPNs. With the increasing use of smart devices and the need for reliable mobile connectivity, the Mobile Hotspot market is expected to continue growing.

Market Research Overview

The Mobile Hotspot market is a dynamic and growing industry focused on providing reliable internet connectivity through portable devices. These devices utilize wireless networks, including Wi-Fi and cellular data networks, to offer internet access on-the-go. With the rise of remote work solutions, smart devices, and digital transformation, the demand for mobile hotspots has increased. 5G integration enhances download and upload speeds, making these devices essential for businesses, enterprises, and individuals. Enhanced security features ensure data protection against cyber threats, while cloud-based applications, virtual learning, travel, and IoT technologies expand their usage. Mobile hotspots come in various forms, including compact routers, standalone devices, and bundled devices, catering to commercial and domestic use. Network operators, telecom service providers, equipment manufacturers, managed service providers, and software vendors are key players in this market, offering installation, consulting, and managed services for telecom and IT, financial services, hospitality, transportation, communication service providers, and enterprises. Mobile applications, network infrastructure, and integrated services further optimize network performance and provide high-speed wireless transmission and network security for business operations.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeMobile Hotspot RouterUSB StickEnd-userCommercial UsePersonal UseGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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11:11 Systems Announces Strategic Partnership with Cato Networks to Deliver SASE Solution for Distributed Enterprises

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New Managed Secure Access Service Edge (SASE) solution combines SD-WAN, cloud-native networking and security capabilities with 11:11’s connectivity, cyber resilience and cloud expertise

SYDNEY, July 22, 2026 /PRNewswire/ — 11:11 Systems, a leading managed infrastructure solutions provider, today announced the global availability of its 11:11 Managed Secure Access Service Edge (SASE) solution and a new strategic partnership with Cato Networks.

11:11 Managed SASE is a fully managed secure connectivity solution leveraging Cato Networks AI-native network security platform. This solution brings together intelligent SD-WAN, cloud-delivered security and global connectivity into a single offering. It enables organisations to simplify and secure access across branch offices, data centres, users and cloud environments, reducing complexity without sacrificing performance or control.

Built on the Cato Networks cloud-native SASE platform, 11:11 Managed SASE combines zero trust network access (ZTNA), firewall as a service (FWaaS), secure web gateway (SWG), cloud access security broker (CASB), advanced threat protection and centralised visibility into a unified managed experience. 11:11 also delivers 24x7x365 monitoring and support, incident management integration and operational accountability to help customers limit vendor sprawl, increase agility and free internal teams to focus on higher-value priorities.

The offering is backed by 11:11’s broader networking, cloud and cyber resilience capabilities. Through its global backbone, carrier-agnostic connectivity options and integrated portfolio spanning cloud, backup, disaster recovery and security services, 11:11 gives customers a practical path to modernise network and security architecture while strengthening resilience across the business.

“Enterprises are under pressure to support users, applications and locations that are more distributed than ever, while limiting complexity and improving security,” said Justin Giardina, CTO, 11:11 Systems. “Our Managed SASE solution provides customers with a unified approach to modernising networking and security, along with the visibility, support and flexibility they need to thrive in a rapidly changing environment.”

According to Karl Soderlund, global channel chief, Cato Networks, “As enterprises move beyond fragmented legacy networking and security stacks, they need a simpler way to gain visibility, context and control across hybrid work environments and reduce the operational burden on IT. Through our partnership, we can address these challenges head on and deliver end-to-end visibility and protection in a single service built for the reality of modern work.”

The joint offering is well suited for distributed enterprises, multi-site organisations, hybrid workforce initiatives, SD-WAN refreshes, security modernisation efforts and businesses with limited IT resources. 11:11 meets customers where they are by supporting existing environments, simplifying multi-vendor operations and serving as a single provider accountable for network, security, cloud and data integration.

This partnership expands 11:11’s Network as a Service portfolio and follows Forrester’s inclusion of 11:11 Systems in its report, “The Secure Access Service Edge Services Landscape, Q1 2026.”

About 11:11 Systems

11:11 Systems is a managed infrastructure solutions provider that empowers customers to modernise, protect and manage mission-critical applications and data, leveraging 11:11’s resilient cloud platform. Learn more at www.1111Systems.com and follow 11:11 on LinkedIn.

View original content:https://www.prnewswire.com/apac/news-releases/1111-systems-announces-strategic-partnership-with-cato-networks-to-deliver-sase-solution-for-distributed-enterprises-302830322.html

SOURCE 11:11 Systems

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Crowell & Moring Expands Financial Services Group with Former UBS Bank USA General Counsel Cristina Diaz

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NEW YORK, July 21, 2026 /PRNewswire/ — Crowell & Moring has added Cristina Diaz, former executive director and general counsel of UBS Bank USA, and most recently head of legal for UBS’s U.S. Remediation Management Office, to the firm’s Financial Services Group as senior counsel in New York. Diaz brings more than two decades of in-house counsel and law firm experience in bank regulation, compliance, and risk management.

At Crowell, Diaz will counsel banks, fintechs, and digital assets companies on a broad range of bank regulatory matters, including charters and licensing, permissible activities, capital requirements, regulatory enforcement, M&A, and corporate governance. She will also counsel clients navigating the intersection of traditional banking and emerging financial services, including digital assets companies seeking to acquire or establish national banks, and banks exploring partnerships with fintechs and digital assets firms.

At UBS, Diaz advised on the firm’s most pressing regulatory matters, including most recently UBS Bank USA’s charter conversion from a Utah industrial bank to an OCC national bank and key compliance remediations. This work gave Diaz extensive experience navigating relationships with state and federal financial regulators. Earlier in her career, Diaz spent eight years at Davis Polk & Wardwell advising U.S. and foreign banks on bank regulatory matters, M&A, and capital markets transactions.

“Cristina is a highly experienced, solution-oriented attorney who brings deep knowledge in the bank regulatory space. She will be an enormous asset to the firm’s growing regulatory and transactional offerings to banks, digital assets businesses, and fintechs,” said Carlton Greene, Co-Chair of Crowell’s Financial Services Group.

“I am delighted to join Crowell & Moring and integrate my bank regulatory experience with the firm’s nationally-recognized digital assets practice. As traditional banking and emerging financial technologies continue to evolve, clients need actionable and sophisticated legal counsel. Crowell offers the collaborative platform to help institutions successfully execute their growth and compliance strategies,” said Diaz.

Diaz received her J.D. from New York University School of Law, where she was a member of the New York University Law Review, and received her B.A., summa cum laude, from New York University. She is fluent in Spanish.

About Crowell & Moring LLP
Crowell & Moring is an international law firm with operations in the United States, Europe, and MENA. Drawing on significant government, business, industry, and legal experience, the firm helps clients capitalize on opportunities and provides creative solutions to complex regulatory and policy, litigation, transactional, and intellectual property issues. The firm is consistently recognized for its commitment to pro bono service, as well as its comprehensive programs and initiatives to advance the professional and personal development of all members of the Crowell community.

Media Contact:
Email: prteam@crowell.com

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SOURCE Crowell & Moring LLP

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Quantinuum and SoftBank Corp. Publish Joint White Paper on Scaling Practical Quantum Computing Use Cases Toward the Fault-Tolerant Era

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The companies have published a joint white paper mapping commercially relevant quantum computing use cases in quantum chemistry and graph analytics to Quantinuum’s hardware roadmap.The paper provides a framework for assessing how advances in quantum hardware and algorithms, could affect when practical industrial applications become feasible.SoftBank Corp. and Quantinuum will use the roadmap to inform their exploration of future quantum AI data center services and related business models.

TOKYO and BROOMFIELD, Colo., July 22, 2026 /PRNewswire/ — Quantinuum (NASDAQ: QNT) and SoftBank Corp. (“SoftBank”) today announced the publication of “Quantum Computing Frontiers,” a joint white paper that maps two commercially-relevant quantum computing application areas against Quantinuum’s hardware roadmap. The analysis examines how advances in quantum hardware and algorithms could affect when these applications become practical for industrial use.

The paper focuses on two representative application domains that SoftBank is actively using Quantinuum’s systems to research: quantum chemistry for new materials discovery and energy research, and topological data analysis for large-scale graph analytics, including for telecommunications fraud detection. The authors anchor their assessment of the scalability of these two application areas against Quantinuum’s published hardware roadmap, examining how projected advances in hardware capabilities and algorithms may enable the commercial readiness of future industrial applications.

Building on this use-case roadmap, the paper also examines how quantum computing, AI, and high-performance computing could be integrated into future computing infrastructure. It considers how progress across successive hardware generations could inform future quantum AI data center services and related business models, a key focus of the Quantinuum and SoftBank partnership announced last year.

“The key takeaway of this study is that organizations do not need to wait for large-scale, fault-tolerant systems to explore where quantum computing can begin creating value,” said Duncan Jones, General Manager, Applications Group at Quantinuum. “By using today’s systems to develop, benchmark and refine applications in areas such as quantum chemistry and graph analytics, enterprises can build the technical and operational readiness needed for the next era of quantum-enabled computing.”

“The question is no longer whether quantum computing may deliver value, but rather which problem classes become executable at which stage of hardware maturity,” said Ryuji Wakikawa, Senior Vice President & CTO at SoftBank Corp. “However, we believe progress in hardware must be complemented by equally strong developments in quantum algorithms and the integration of quantum systems with AI and high-performance computing.”

The white paper discusses illustrative scenarios describing how representative applications, technology maturity, and potential market opportunities may evolve over time under stated assumptions. The analysis provided in the paper is intended to provide a conceptual framework for understanding potential market evolution and does not represent financial guidance or forecasts. These analyses are intended to support discussion of future technology development and should not be interpreted as commitments regarding commercialization, infrastructure investment, products, services, or financial performance.

The full white paper is available to download on the SoftBank and Quantinuum websites.

About SoftBank Corp.

Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is aiming to activate the potential of AI across its businesses and drive implementation in line with its “Activate AI for Society” growth strategy. While further growing its telecom business, SoftBank is expanding its AI computing infrastructure and AI and Cloud service businesses with the aim of becoming a provider of Next-generation Social Infrastructure. To learn more, please visit https://www.softbank.jp/en/corp/

About Quantinuum

Quantinuum (NASDAQ: QNT) is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity.[1] Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.

For more information, please visit www.quantinuum.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain statements that may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for Quantinuum to predict all such factors. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Quantinuum does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

 

[1] As of December 31, 2025.

SOURCE Quantinuum

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