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Media Gateway Market to Witness Huge Growth by Key Players: Nokia, Audio Codes, Avaya, Ribbon Communication, Ericsson, Huawei, Cisco Systems, Dialogic, Synway Information, ZTE and Others.

05-02-2020 09:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Media Gateway Market to Witness Huge Growth by Key Players:

According to Market Study Report, Media Gateway Market provides a comprehensive analysis of the Media Gateway Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the Media Gateway Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Media Gateway Market is expected to reach USD 2.19 Billion by 2023 from USD 2.03 Billion by 2018, at a CAGR of 1.46% during the forecast period. This report spread across 116 pages, profiling 10 companies and supported with 30 tables and 37 figures are now available in this research.

Top Key Players Profiled in the Media Gateway Market:
o Nokia (Finland)
o Audio Codes (Israel)
o Avaya (US)
o Ribbon Communication (US)
o Ericsson (Sweden)
o Huawei (China)
o Cisco Systems (US)
o Dialogic (US)
o Synway Information (China)
o ZTE (China)

"Digital media gateway market to witness significant growth between 2018 and 2023"
The market for digital media gateways is expected to grow at a higher CAGR during the forecast period, owing to the functionality to connect a VoIP circuit to a PSTN circuit, allowing the use of VoIP despite the network gaps or even when only one of the endpoints is enabled with VoIP. This functionality is provided transparently, and therefore customers are not required to understand or be aware of the topologies over which their communications are facilitated.

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"Wire line-based media gateways to hold largest size of market during forecast period"
The wire line media gateways are used as interconnect gateways for PSTN or IP telephony network and are physically connected to the other networking devices. The majority of the enterprises and service providers use wired media gateways to attain better control, security, reliability, and speed to manage the data traffic. The adoption of VoIP access drives the market for the wire line technology-based media gateways, and hence these gateways are likely to hold the largest share of the overall media gateway market during the forecast period.

"Market in APAC to witness considerable growth during forecast period"
The media gateway market in APAC is expected to grow at the highest CAGR during 2018-2023. The emerging markets in this region are expected to be the highest 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.

Breakdown of primary participants' profile:
o By Company Type: Tier 1 -31%, Tier 2 -37%, and Tier 3 -32%
o By Designation: C-Level Executives -45%, Directors - 36%,and Others-19%
o By Region: North America -32%, Europe -30%, APAC-24%, and Rest of the World-14%

Competitive Landscape of Media Gateway Market:
1 Introduction
2 Market Ranking Analysis, 2017
3 Competitive Scenario
3.1 New Product Launches, 2015-2018
3.2 Acquisitions & Mergers, 2015-2018
3.3 Partnerships & Collaborations, 2015-2018

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Reason to access this report:
o This report segments the media gateway market comprehensively and provides the closest market size estimation for sub segments across regions.

o The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities pertaining to the market.

o This report would help stakeholders understand their competitors better and gain insights to improve their position in the business. The competitive landscape section includes the competitor ecosystem, product launches, acquisitions, partnerships, expansions, agreements, and collaborations.

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