Voice Gateway Market by Trends, Key Driver, Segmentation, Key Vendors and Forecast by 2028

"Voice Gateway Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Below 24 ports, 24 Ports-64 Ports); Application (Commercial, Institutional, Others) and Geography"

One of the most significant components of a voice over IP system is the voice gateway. The voice gateway connects the enterprise VoIP network to the telecommunications provider via a variety of connection techniques, including PSTN, ISDN, and SIP. The key market drivers for voice gateway market are, technological advancements in communication technology along with growing demand for Voice gateway and VOip networks.

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Companies Profiled in this report includes: Cisco Systems Inc,  D-Link,  IBM,  Sangoma Technologies Corporation,  Multi-Tech,  Matrix Comsec,  Cognigy,  REDCOM LABORATORIES, INC.,  Fortinet,  Arris International

MARKET SEGMENTATION

  Based on product type the market is segmented as, below 24 ports and 24 ports-64 ports.

  Based on application the market is segmented as, commercial, institutional and others.

MARKET DYNAMICS

Drivers-

  The key market drivers for voice gateway market are, technological advancements in communication technology along with growing demand for Voice gateway and VOip networks.

  Growing adoption of voice gateways in all kind of enterprises including SMEs.

  Factors such as internet penetration, growth in demand for resilient, scalable and low cost communication equipment are also expected to boost market growth during the forecast period.

Restraints-

  Presence of other advanced technologies are expected to restrain market growth during the forecast period.

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IMPACT OF COVID-19 ON VOICE GATEWAY MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

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