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Leading Element Driving Change in the Fixed Mobile Convergence Market in 2025: 5G Technology Fueling Growth Of The Fixed Mobile Convergence Market Driver
Fixed Mobile Convergence
The rise of 5G technology is expected to propel the fixed mobile convergence market. 5G networks offer faster data speeds, lower latency, and better connectivity, driving demand. The technology facilitates seamless integration of fixed and mobile networks, improving the performance of mobile broadband. According to 5G Americas, global 5G connections grew by 76% in 2022, reaching 1.05 billion. This growth is expected to continue, fueling the fixed mobile convergence market.
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What Is the projected market size and growth rate for the fixed mobile convergence market?
The fixed mobile convergence market has seen significant growth in recent years. It will rise from $6.67 billion in 2024 to $7.65 billion in 2025, growing at a CAGR of 14.8%. The growth is driven by upgrades to fixed and wireless networks, the rise of 5G technology, increasing demand for seamless call transitions, and the growing popularity of unified communications.
The fixed mobile convergence market will reach $13.11 billion by 2029, growing at a CAGR of 14.4%. The growth is attributed to the demand for unified communication, fixed-mobile convergence adoption, integrated services, digital device usage, and remote work. Trends include technological advancements, multi-access edge computing (MEC), 5G integration, and IoT solutions.
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What new trends are reshaping the fixed mobile convergence market and its opportunities?
Prominent companies in the fixed mobile convergence market are focusing on the development of cloud-based unified communications platforms to enhance collaboration and communication in businesses. A cloud-based unified communications platform integrates fixed-line and mobile communication services into one system. For example, in April 2023, Vodafone Idea Limited, in partnership with RingCentral Inc., launched Vodafone Business Unified Communications in Italy, a solution that supports hybrid working by providing a wide range of communication tools accessible from any internet-connected device.
What major market segments define the scope and growth of the fixed mobile convergence market?
The fixed mobile convergence market covered in this report is segmented -
1) By Convergence Type: Session Redirection, Private Branch Exchange (PBX) Mobility, Client Software, Dual Mode Support
2) By Component: Voice, Videotelephony, Social Networking, Broadband Internet, Broadband Television (TV)
3) By Service Provider: Mobile, Broadband, Combined
4) By End-User: Home Users, Enterprises, Information Technology (IT) And Telecommunications (Telecom), Banking, Financial Services, And Insurance (BFSI), Automotive, Healthcare, Media And Entertainment, Government
Subsegments
1) By Session Redirection: Call Redirection, Data Redirection, SMS Redirection
2) By Private Branch Exchange (PBX) Mobility: Cloud-Based PBX Mobility, On-Premise PBX Mobility, Hybrid PBX Mobility
3) By Client Software: Mobile Clients, Desktop Clients, Unified Communication Clients
4) By Dual Mode Support: Wi-Fi And Cellular Network Support, VoLTE And Wi-Fi Calling Support, Cellular And VoIP Support
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What regions are leading the charge in the fixed mobile convergence market?
North America was the largest region in the fixed mobile convergence market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fixed mobile convergence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the fixed mobile convergence industry growth?
Major companies operating in the fixed mobile convergence market are Samsung Electronics Co. Ltd., Verizon Communications Inc., AT&T Inc., Huawei Technologies Co. Ltd., T-Mobile US Inc., Cisco Systems Inc., Orange S.A., Telefonica S.A., Fujitsu Limited, Ericsson, Deutsche Telekom AG, Nokia Corporation, NEC Corporation, ZTE Corporation, Motorola Solutions Inc., BT Group plc, Juniper Networks Inc., Amdocs Limited, Avaya LLC, Mitel Networks Corporation, Mavenir, Radisys Corporation, Ribbon Communications Operating Company Inc., CounterPath Corporation, Tango Networks Inc.
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What Is Covered In The Fixed Mobile Convergence Global Market Report?
•Market Size Forecast: Examine the fixed mobile convergence market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the fixed mobile convergence market for a structured understanding.
•Key Players Overview: Analyze major players in the fixed mobile convergence market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fixed mobile convergence market.
•Segment Contributions: Evaluate how different segments drive overall growth in the fixed mobile convergence market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fixed mobile convergence market.
•Industry Challenges: Identify potential risks and obstacles affecting the fixed mobile convergence market.
•Competitive Landscape: Review strategic developments in the fixed mobile convergence market, including expansions, agreements, and new product launches.
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