Media Gateway Market Projections by 2027: Industry Trends, Future of Media Gateway
Media Gateway is a conversion device or service which translates media streams in the form of digital data telecommunications for supporting video, audio, fax, and other services between different interfaces with digital technologies. The systems such as POTS, SS7, Next Generation Networks (2G, 2.5G, 3G, 4G radio networks) uses media gateway to transform media streams between different telecommunication technologies. Media gateway triggers multimedia communications for packet networks using transport protocols such ATM and internet protocol.
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The increase in need for versatile and efficient service for various call control protocols and secure systematic investment plan in a well settled voice infrastructure, leads to the increase in use of digital media gateway. Digital media, telecommunication is expected to hold a considerable major market share in the industry vertical whereas, Asia-Pacific is expected to register considerable growth in the global media gateway market.
Efficient communication between disparate networks, rise in communication technologies, and increase in subscribers to communication network drive the media gateway market growth. The functionality to connect VoIP circuit with the PSTIN circuit. In addition, allowing the use of VoIP instead of the network gap or permitting VoIP when only one of the end-point is enabled with it. Thus, it provides an easy communication to the consumers without making them aware of the complex technologies.
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The VoIP technology also provides user advantages of low cost, low taxes, video conferencing, and wireless medium, which has increased the use of voice over internet protocol. Therefore, the ease of application of media gateway in VoIP has increased the use of media gateway. The advancement in communication technologies and protocols like the use of Voice over Long-Term Evolution, 4G have promoted the use of media gateway due to better network connections and speed. Further, the media gateway market competition between the network providers has reduced the price of subscribing to the internet and voice call services, which has allowed the penetration of internet. The increase in use of mobiles and tablets results in the increase in deployment of media gateway to run the communication network smoothly over various protocols, codecs, and physical connections.
However, the use of media gateway in VoIP restraints the media gateway market growth. As, VoIP service cannot be provided during a power and requires extra installation of power generators for providing uninterrupted services. Further, media gateway loses its connection with the controller in case of network outage, which results in service lost and downtime for subscribers.
The media gateway market is segmented on the basis of technology, type, industry vertical, and region. On the basis of technology, it is classified into wireline, wireless, and hybrid. On the basis of type, it is bifurcated into analog and digital. On the basis of industrial vertical, it is categorized into BFSI, telecommunication, transportation, healthcare, and manufacturing. On the basis of region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
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The key players covered in the media gateway industry are Avaya, Audiocodes, Cisco Systems, Dialogic, Ericsson, Grandstream Networks, Huawei Technologies, Matrix Comsec, Mitel Networks, Metaswitch Networks, and Synway Information Engineering. These companies focus on R&D and strategies which encourages expansion, collaboration, and development with other firms and helps in increasing revenue, and expand product offerings in standardized form.
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