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. 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.
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A media gateway is also known as softswitch. Any device, like IP gateway, circuit switch which converts the information from one sort of network to the configuration required for another. It is a device which is utilized as a part of telecom system administrator to give interworking and transformation between media streams that use distinctive network standards, codes, communication protocols and physical associations. This is done so that calls can work properly between systems by utilizing diverse technologies. Media gateways are generally used to connect different networks like 2G, 3G, 4G and LTE. Thus, there fundamental function is to change over various coding and transmission methods so as to allow communication between the systems. One of the factors that lead to drive the media gateway is adoption of 4G technology widely. For instance, According to an article, Qualcomm Technologies, Inc. president Larry Paulson stated that by 2018, there would be around 85% of 4G adoptions in India due to the launch of new 4G feature phone category. According to Statista, In Northern America, the 4G mobile wireless penetration is expected to grow by 57% by 2018. Thus, this factor will help in fueling the media gateway market in the forecasting period.
Major Market Drivers and Restraints:
- High flexibility due to modular structure of media gateways.
- Adoption of 4G technology widely.
- Rising need for high-quality communication over disparate networks.
- Decreasing requirement for deployment of new media gateway hardware.
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Based on type:
Based on technology:
Based on vertical:
- Financial Services
Based on geography:
- North America
- South America
- Middle East & Africa
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.
Table of Content: Global Media Gateway Market
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Global Media Gateway Market Landscape
Part 04: Global Media Gateway Market Sizing
Part 05: Global Media Gateway Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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