Global Media Gateway Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios. The Global Media Gateway Market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market.
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The Global Media Gateway Market is expected to reach USD 2.13 billion by 2025 from USD 1.9 billion in 2017 and is projected to grow at a CAGR of 1.45% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The renowned players in media gateway market are:
- Matrix Comsec
- Sonus Networks, Inc
- Squire Technologies Ltd
- Yeastar Information Technology Co., Ltd.
- TELCOBRIDGES INC.
- Metaswitch Networks
- Patton Electronics Co.
- Mitel LLC
- Shenzhen Dinstar Co.,Ltd
- Avaya Inc.
- ZTE Corporation
- Synway Information Engineering Co., Ltd.
- Telefonaktiebolaget LM Ericsson
- Cisco Systems
- Huawei Technologies
- AudioCodes Limited
- PortaOne, Inc.
Global Media Gateway Market, By Type (Digital, Analog), Technology (Wireline, Wireless, Hybrid), Vertical (Government, Banking, Financial Services, Manufacturing, Healthcare, Transportations, Telecommunications, Others), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025
Market Definition: Global Media Gateway Market
Media gateway is defined as a device which converts the data from one network format to the network format as per requirement with the help of circuit switch, IP gateway. It is used to convert various types of digital media protocol for effective multimedia communication. It is used in connecting various networks such as 2G, 3G, 4G and other. The main function of media gateway is to convert various codding to enable communication between the networks. According to Statista, in 2017, the telecommunication market was valued around USD 1.4 trillion and estimated to grow around USD 1.46 trillion by 2020. According to Outlook report, the U.S. media and entertainment industry is USD 735 billion which includes television program, commercials, streaming content, broadcast, radio and other. The industry is expected to reach around USD 830 billion by 2022. Thus it proves that the telecommunication industry is growing and will derive the demand of media gateway.
Market Drivers and Restraints:
- Increasing for high-quality communication over disparate networks
- Modular structure of media gateways providing high flexibility to legacy networks
- Rising border functionality of integrated media gateways
- Adoption of soft switches declining the need for deployment of new media gateway hardware.
- Lack of skilled workforce to add new solutions in existing network
Based on type:
Based on technology:
Based on vertical:
- Financial Services
Based on geography:
- North America
- South America
- Middle East & Africa
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The global media gateway is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of media gateway market for global, Europe, North America, Asia Pacific and South America.
In 2018, Matrix Comsec is to participate in channel live 2018 to be held in Birmingham. Matrix is focusing on the UK market for establishing a stronghold in telecom and security industry.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.
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