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Corporation
MOBILE & TELECOMMUNICATIONS | Telecom Services
novatelwireless.com

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Founded Year

1996

Stage

IPO | IPO

Total Raised

$134.97M

Date of IPO

3/24/2004

Market Cap

0.88B

Stock Price

6.47

About Novatel Wireless

Novatel Wireless (NASDAQ: MIFI) is a provider of solutions for the Internet of Things (IoT), including software-as-a-service (SaaS) solutions for the fleet telematics market. The Company's product lines include the CTrack fleet and vehicle telematics platform, Feeney Wireless (FW) IoT consulting services, appliances and device management solutions, along with Novatel Wireless's MiFI intelligent mobile hotspots and modems, embedded modules, mobile tracking solutions, and asset tracking and monitoring solutions.

Novatel Wireless Headquarter Location

9645 Scranton Road Suite 205

San Diego, California, 92121,

United States

858-812-3400

Latest Novatel Wireless News

Worldwide Mobile Hotspot Router Industry to 2026 - Featuring Huawei, Netgear and Novatel Wireless Among Others

Sep 24, 2021

The global mobile hotspot router market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of 15.5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor. A mobile hotspot router is a pocket-sized wireless device that connects multiple Wi-Fi enabled devices with a single router. The routers are equipped with various features, such as power bank, global positioning system (GPS) and USB points and are usually built into a smartphone or as a standalone portable gadget that can be attached to the phone. They provide simple, fast and instant internet connectivity to various devices, such as laptops, mobiles and computers that can be accessed at any time. They also offer high-speed internet connectivity to multiple users at the same time and aid in minimizing the overall cost of internet services. Rapid digitalization, along with the rising demand for wireless and mobile broadband services, is one of the key factors driving the growth of the market. The increasing utilization of smart devices across the globe and the growing consumer awareness regarding pay-as-you-go business models are projected to drive the market further. Frequent business travelers and tourists use mobile hotspot routers to access the internet while they are moving. Consumers are using e-commerce platforms for online shopping through mobile devices, which require stable internet connectivity, thereby increasing product demand. Additionally, various technological advancements, such as the development of data storage systems integrated with cloud-based applications, are also contributing to the market growth. Other factors, including the rising data traffic and the implementation of favorable government initiatives to provide Wi-Fi in public places, are projected to create a positive outlook for the market. Breakup by Type Competitive Landscape The competitive landscape of the industry has also been examined with some of the key players being Alcatel-Lucent (Nokia Corporation), Belkin International Inc. (Foxconn), D-Link Corporation, Huawei Technologies Co. Ltd., Netgear Inc., Novatel Wireless Inc. (Inseego), TP-Link Technologies Co. Ltd., XCom Global Inc., ZTE Corporation, etc. Key Questions Answered in This Report How has the global mobile hotspot router market performed so far and how will it perform in the coming years? What are the key regional markets? What has been the impact of COVID-19 on the global mobile hotspot router market? What is the breakup of the market based on the type? What is the breakup of the market based on the end-user? What is the breakup of the market based on the distribution channel? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global mobile hotspot router market and who are the key players? What is the degree of competition in the industry? Key Topics Covered:

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Expert Collections containing Novatel Wireless

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Novatel Wireless is included in 1 Expert Collection, including Internet of Things ( IoT ).

I

Internet of Things ( IoT )

3,149 items

Novatel Wireless Patents

Novatel Wireless has filed 146 patents.

The 3 most popular patent topics include:

  • Global Positioning System
  • Satellite navigation systems
  • Geodesy
patents chart

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5/21/2019

8/31/2021

Sensors, Aircraft instruments, Global Positioning System, Navigational equipment, Avionics

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Related Topics

Sensors, Aircraft instruments, Global Positioning System, Navigational equipment, Avionics

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Status

Grant

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Novatel Wireless Web Traffic

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