Media Gateway Market Key Manufacturers Analysis: Dialogic, Cisco, Huawei Technologies, Metaswitch Networks, Squire Technologies, Grandstream Networks, Matrix Comsec, Aculab, Patton Electronics Co., Ericsson, Avaya, AudioCodes, TelcoBridges, Mitel
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.
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Market Segmentation: Global Media Gateway Market
• The global media gateway market is segmented based on type, technology, end user and geographical segments.
• Based on type, the global media gateway market is segmented into analog and digital.
• On the basis of technology, the global media gateway market is segmented into wired, wireless and hybrid.
• On the basis of end user, the global media gateway market is segmented into banking, financial services, and insurance (BFSI), transportation, government, healthcare, manufacturing, telecommunications, others.
• Based on geography, the global media gateway 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, South Africa, and Brazil among others.
Market Analysis: Global Media Gateway Market
The Global Media Gateway Market accounted for USD 2.36 billion in 2017 and is projected to grow at a CAGR of 1.6% during 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.
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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Competitive Analysis: Global Media Gateway Market
The global media gateway market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
In February, 2017, Cisco System Inc. (U.S.) launched internet gateway (SIG) in the cloud known as Cisco Umbrella in order to encounter the challenges related to new enterprise security of today’s mobile, cloud era.
In October, 2017, Sagemcom (Paris), a communications technology developer issued a multi-gigabit, multimedia gateways for incorporating 802.11ax WiFi. This has cater the rising bandwidth demand as well as also allowed the operators to offer multi-gigabit.
Major Market Competitors: Global Media Gateway Market
• Ribbon Communications,
• ZTE Corporation,
• Nokia Corporation,
• Mitel Networks,
• Huawei Technologies,
• Synway Information Engineering,
• Cisco Systems,
• Patton Electronics,
• Metaswitch Networks,
• Yeastar Information Technology,
• Matrix Comsec,
• Grandstream Networks,
• Shenzhen Dinstar,
• Squire Technologies
• Among others
Frequently Asked Questions:
- What will the market size be in 2025?
- What are the key factors driving the global market?
- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Media Gateway Market?
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