Press release
Media Gateway Market Growth Report 2025 Global Analysis and Forecasts Influenced by Matrix Comsec, Sonus Networks, Squire Technologies, YEASTAR, TelcoBridges Inc., Metaswitch and Others
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.
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Key Players:
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, Aculab, Shenzhen Dinstar Co.,Ltd, Avaya Inc., ZTE Corporation, Synway Information Engineering Co., Ltd., Telefonaktiebolaget LM Ericsson, Cisco Systems, Huawei Technologies, Nokia, AudioCodes Limited, PortaOne, Inc. and others.
Market Analysis:
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.
Market Segmentation:
The market is based on type, technology, vertical, and geographical segments.
• Based on type, the market is segmented into digital and analog.
• Based on technology, the market is segmented into wireline, wireless, and hybrid.
• Based on vertical, the market is segmented into government, banking, financial services, manufacturing, healthcare, transportations, telecommunications, others.
• Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Competitive Analysis:
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.
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
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Key Questions Answered in Global Media Gateway Market Report:-
Our Report offers:-
• What will the market growth rate, Overview and Analysis by Type of Global Media Gateway Market in 2025?
• What are the key factors driving, Analysis by Applications and Countries Global Media Gateway Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Media Gateway Market?
• Who are Opportunities, Risk and Driving Force of Global Media Gateway Market?
• Who are the opportunities and threats faced by the vendors in Global Media Gateway Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Media Gateway Market opportunities, market risk and market overview of the Market?
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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