Enterprise Media Gateway Market Scope
Over the decade, the telecommunications industry has witnessed rapid technological advancements as well as it has changed the way consumers and enterprises communicate. And this has ultimately led to an explosive growth of Internet applications based on the Internet Protocol (IP). Due to the financially efficient and rapid deployment of Internet-based services, global enterprise media gateway market will show significant business growth over the forecasted period. Media Gateways are the translation devices or services which are used to convert voice communication analog signals to digital signals and carries those signals through IP protocol. The introduction to Asynchronous Transfer Mode (ATM) and Internet Protocol (IP) across next-generation networks have enabled the enterprise media gateways to execute multimedia communications. However, introduction to soft switches might hamper the demand for enterprise media gateways.
The market study is being classified by Type (Analog and Digital) and major geographies with country level break-up. According to AMA, the Global Enterprise Media Gateway market is expected to see growth rate of 2.9% and may see market size of USD2680.99 Million by 2024.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Enterprise Media Gateway market throughout the predicted period.
Alcatel-Lucent S.A. (France), ADTRAN, Inc. (United States), Nokia (Finland), AudioCodes (Israel), Avaya Inc. (United States), Ribbon Communication (United States), Ericsson (Sweden), Huawei Technologies Co. Ltd. (China), Cisco Systems Inc. (United States) and Dialogic (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Synway Information (China), ZTE Corp. (China), AudioCodes Ltd (Israel), Genband US LLC (United States) and Grandstream Networks (United States).
AdvanceMarketAnalytics has segmented the market of Global Enterprise Media Gateway market by Type, Application and Region.
On the basis of geography, the market of Enterprise Media Gateway has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Enterprise Size, the sub-segment i.e. Small-sized Enterprises will boost the Enterprise Media Gateway market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Wireline will boost the Enterprise Media Gateway market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use Industry, the sub-segment i.e. Telecom will boost the Enterprise Media Gateway market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On May 14, 2019, a leading vendor of advanced voice networking and media processing solutions for the digital workplace, "AudioCodes" has announced that its Mediant session border controller (SBC) family has been successfully tested with the Amazon Chime Voice Connector SIP trunking service. Amazon Chime Voice Connector enables customers to place cost-effective, secure telephone calls to over 100 countries from an on-premises phone system, using an existing internet connection or AWS Direct Connect. The AudioCodes Mediant suite of SBCs, which includes cloud-native, virtualized and appliance models, enables organizations to connect securely and reliably to the Amazon Chime Voice Connector service.
On May 16, 2019, ADTRAN, Inc., the leading provider of next-generation open networking and subscriber experience solutions has expanded its SmartOS-enabled portfolio of broadband access solutions with the SmartRG 652ac (SR652ac) residential and small business gateway. Operators can now expedite the delivery of ultra-fast internet services by leveraging recent investments in building multi-Gigabit access networks so that customers can have the richest broadband experience independent of location, device or infrastructure.
- Introduction to High-Speed Long-Term Evolution (LTE) Technology and Broadband Services
- Enterprise Transitions from Traditionitional Networks to an Integrated Single Enterprise Network
- Growing Adoption Internet Protocol Based Applications
- Upsurging Demand for Cloud-Based Services & SIP (Session Initiation Protocol) Trunking
- Vigorous Technological Advancements in the Communication Technology
- Robustly Increasing Internet Subscriber Penetration
- Higher Initial Investments In Establishing Enterprise Media Gateway Based Networks
- Availability of Substitute Products such as Soft Switches has Hampered the Demand
- Growing Labour Cost Incurred by the Skilled Workforce Involved
- Lack of Telecommunication Infrastructure in the Underdeveloped Regions
Key Target AudienceManufacturers of Media Gateways, Maintenance Personnel, Research institutes and organizations, Telecommunication Industry Associations, Regulatory Authorities Related to ICT, Government Bodies, Venture Capitalists and Others
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