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Linux Operating System Global Market Overview, Driving Factors, Future Trends, Key Players and Growth Opportunities And Forecast By 2033
Media Gateway Market Size
As per the report, the media gateway market size has grown steadily in recent years. It will grow from $2.43 billion in 2023 to $2.48 billion in 2024 at a compound annual growth rate (CAGR) of 2.3%. The media gateway market size is expected to see steady growth in the next few years. It will grow to $2.76 billion in 2028 at a compound annual growth rate (CAGR) of 2.7%.
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Data Center Expansion Driving Surge In Media Gateway Market Growth
The growing number of data centers is expected to propel the growth of the media gateway market going forward. A data center refers to a facility that centralizes an organizations shared IT operations and equipment to store, process, and disseminate data and applications in the organization. A media gateway is a device used as a core network in data centers to provide transformation and interworking between media streams. These help in the free flow of data from data centers to workstations. For instance, according to the United States International Trade Commission, a US-based federal government agency, there were 2,600 data centres in the US as of May 2021. Therefore, the increase in the number of data centers is contributing to the growth of the media gateway market.
Zte Unveils Cutting-Edge 5G Media Gateway Set-Top Box For Enhanced Video Experiences
Technological innovation is a key trend in the media gateway market. Major companies in the market are introducing new technologies that work on 5G technology to sustain their position in the market. For instance, in February 2022, ZTE Corporation, a China-based technology company launched ZXV10 B960GV1, a new-generation 5G media gateway set-top box. That is fit for the Android TV. This STB offers new video experiences with low latency, high speed, and high stability. The 5G technology helps to get good quality videos without buffering.
The media gateway market covered in this report is segmented -
1) By Type: Analog, Digital
2) By Technology: Wired, Wireless, Hybrid
3) By Vertical: Government, Banking, Financial Services, and Insurance (BFSI), Manufacturing, Healthcare, Telecommunications, Transportation, Other Verticals
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Major companies operating in the media gateway market report are AudioCodes Ltd., Avaya Inc., Cisco Systems Inc., Dialogic Corporation, Grandstream Networks Inc., Nokia Corporation, Ribbon Communications Operating Company Inc., ZTE Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd., Patton Electronics Co., Sangoma Technologies Corporation, Synway Information Engineering Co. Ltd., Telcobridges Inc., Yeastar Information Technology Co. Ltd., Dinstar Technologies Co. Ltd., OpenVox Communication Co. Ltd., Vega Global, Welltech Telecom, Matrix Comsec Pvt Ltd., Mitel Networks Corporation, NEC Corporation, Panasonic Corporation, Polycom Inc., Samsung Electronics Co. Ltd., ShoreTel Inc., Toshiba Corporation, Unify Inc., Vodafone Group plc, West Corporation
Contents of the report:
1. Executive Summary
2. Media Gateway Market Report Structure
3. Media Gateway Market Trends And Strategies
4. Media Gateway Market - Macro Economic Scenario
5. Media Gateway Market Size And Growth
…..
27. Media Gateway Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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