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What Is Driving Global Fixed Mobile Convergence Market Growth in 2025: The Role of 5G Technology Fueling Growth Of The Fixed Mobile Convergence Market
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Fixed Mobile Convergence Market Size By 2025?
In the last few years, the size of the fixed mobile convergence market has seen significant expansion. An increase from $6.67 billion in 2024 to $7.56 billion in 2025 is anticipated, indicating a compound annual growth rate (CAGR) of 13.4%. This growth in the historic period can be linked to the upgrades in fixed and wireless networks, the emergence of 5G technology, and an amplified demand for smooth transitioning in calls and unified communication.
How Big Is the Fixed Mobile Convergence Market Size Expected to Grow by 2029?
The market size of fixed mobile convergence is projected to witness a significant rise in the forthcoming years. By 2029, it is forecasted to reach $12.08 billion, growing at a CAGR of 12.4%. This market growth during the forecast period can be ascribed to the escalating demand for combined communication, the acceptance of fixed mobile convergence technology, an increase in the propensity for integrated services, a surge in the usage of digital gadgets, and an upswing in remote working scenarios. Foremost trends projected during the forecast period encompass technological progressions, multi-access edge computing (MEC), 5G alliance, enterprise movability solutions, IoT, and smart devices.
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Which Key Market Drivers Powering Fixed Mobile Convergence Market Expansion and Growth?
The advancement of 5G technology is likely to fuel the growth of the fixed mobile convergence market in the future. As the newest iteration of mobile network technology, 5G is designed for superior data speed, less lag, and greater capacity than its predecessor, 4G. The growing demand for 5G technology can be attributed to factors such as amplified data traffic, enhanced capacity and connectivity, and improved mobile broadband. By providing high bandwidth and uninterrupted connectivity, 5G technology paves the way for effortless incorporation of fixed and mobile networks, enabling smooth transitions between Wi-Fi and cellular networks. This enhances the development of fixed mobile convergence, providing faster, more dependable connections for users regardless of their device or location. For example, data from 5G Americas, a US-based group made up of telecommunications service providers, showed that worldwide 5G wireless connections surged by 76% from the close of 2021 to the end of 2022, reaching up to 1.05 billion. This figure is projected to hit 5.9 billion connections by the end of 2027. Thus, the expansion of 5G technology is sparking the growth of the fixed mobile convergence market.
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Which Fast-Growing Trends Are Poised to Disrupt the Fixed Mobile Convergence Market?
Major firms in the fixed mobile convergence market are concentrating their efforts on creating innovative solutions such as cloud-based unified communication platforms to amplify business communication and collaboration. Cloud-based unified communication platforms integrate fixed-line and mobile communication services, providing an inclusive communication solution hosted in the cloud. This platform provides users with access to a broad selection of tools and services for communication, bridging fixed and mobile networks effortlessly. For example, in April 2023, an Indian mobile network operator, Vodafone Idea Limited, collaborated with US-based company RingCentral Inc., known for their cloud-based communication and collaboration services and products, to introduce Vodafone Business Unified Communications (UC) in Italy, designed to support hybrid working configurations. This platform includes analytical and reporting tools that empower businesses to carry out usage analysis, call quality assessment and uncover potential areas for progress. It can be accessed from any device connected to the internet, eliminating the need for an additional application, which makes it a convenient choice for remote or hybrid workforces. Furthermore, it delivers several layers of enterprise-level security and complies with both local and international data laws.
What Are the Emerging Segments in the Fixed Mobile Convergence Market?
The fixed mobile convergencemarket 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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Who Are the Global Leaders in the Fixed Mobile Convergence Market?
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.
Which are the Top Profitable Regional Markets for the Fixed Mobile Convergence Industry?
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.
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