Media Gateway Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2023


Posted February 18, 2019 by stevestark002

Media Gateway Market by Technology & Type - Global Forecast 2023 | MarketsandMarkets

 
The media gateway market is expected to reach USD 2.19 billion by 2023 from USD 2.03 billion in 2018, at a CAGR of 1.46% during the forecast period. Major factors driving the growth of the market include the need for high-quality communication over disparate networks; the modular structure of media gateways providing high flexibility to legacy networks; and session border functionality of integrated media gateways.

https://www.marketsandmarkets.com/Market-Reports/media-gateway-market-211654390.html

Digital media gateways hold a larger share of the overall media gateway market. These gateways convert media streams in the form of digital data telecommunications for aiding voice, video, and fax services, among others, between dissimilar interfaces using different technologies. With the increase in the need for flexible and efficient solutions for a wide variety of call-control protocols and secure SIP trunking in an established voice infrastructure, the demand for digital media gateways is also increasing.

The media gateway market for hybrid technology-based gateways is expected to grow at the highest CAGR during the forecast period. The hybrid technology-based media gateways include both wireline and wireless technologies to serve both functionalities through a single device. At present, the media gateway manufacturers are offering these gateways to allow the end users to integrate them with the existing wired infrastructure and wireless or next-generation networks.

The market for the others verticals, including hospitality, media and entertainment, education, and retail, is expected to grow at the highest CAGR between 2018 and 2023. The factors driving the media gateway market for this segment include the growing need for media transcoding for next-generation networks, HD voice transcoding for high-quality communications over disparate networks, and need for flexible and low-cost transcoding devices in these verticals.

APAC is projected to account for the largest share of the global media gateway market by 2023. The countries such as Japan, India, Australia, Singapore, and China are highly dependent on the Internet and telecommunication services. The adoption of these services allows the companies to concentrate on their core business objectives. The emerging markets in this region are expected to be the largest contributors to the massive long-term growth of media gateways in the future despite the IP telephony currently being one of the effective options for connectivity in some developing countries across this region.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=211654390

However, softswitches would reduce the need for the deployment of new media gateway hardware in LTE networks, and the adoption of these softwsitches over disparate networks acts as a restraint for the market growth.

Dominant players in the media gateway market are Nokia (Finland), AudioCodes (Israel), Avaya (US), Ribbon Communication (US), Ericsson (Sweden), Huawei (China), Cisco Systems (US), Dialogic (US), Synway Information (China), and ZTE (China), among others.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
​​​​​​​[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Chandrakant
Phone 8886006441
Business Address 630 Dundee Road
Suite 430
Country United States
Categories Semiconductors
Tags media gateway market
Last Updated February 18, 2019