Fixed-Mobile Convergence Market Demand, Future Trend And Recent Development By Forecast 2027
Summary:
A new study title “Fixed-Mobile
Convergence market size, status and forecast 2027” has been featured on
market research future.
Market Analysis
Market Research Future (MRFR) presumes the Global fixed-mobile
convergence (FMC) market size to reach USD 6,208.7 Million, registering a
CAGR of 14.1% from 2019–2025 (forecast period).
Increasing Use of Fixed-Mobile Convergence to Lower
Operational Costs
Fixed-mobile convergence is an architecture that
enables telecommunications operators to use the resources and infrastructure of
both fixed and wireless networks. Operators can deliver data, voice, and video
services to companies as well as individual users using FMC architecture. A
typical FMC architecture has a number of participants, including equipment
providers, core network providers, software providers, and content delivery
providers. FMC supports single-number reach solutions, which allow an
individual (employee) to use the speakerphone features on their desk while in
the office and then smoothly switch the call to their cellphone when they leave
the premises. Aside from signal number reach, FMC architecture can provide single-number
voicemail and unified communication, among other things.
Due to the increased adoption of fixed-mobile
convergence to cut operational costs, the worldwide fixed-mobile convergence
(FMC) market is predicted to rise at a steady rate. Furthermore, the growing
demand from customers for integrated services from any location at any time is
fueling market expansion.
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Market Segmentation
The global fixed-mobile convergence industry has
been segmented based on convergence type, mode, component, and end-user.
Based on convergence type, the global fixed-mobile
convergence market has been segmented into device convergence, network
convergence, and application convergence.
By mode, the global fixed-mobile convergence market
has been divided into single-mode and dual-mode.
Based on components, the global fixed-mobile
convergence market has been segmented into service and infrastructure. The
service segment has been further split into voice, video telephony, social
networking, broadband internet, broadband TV, and others. The infrastructure
segment has been further split into Network, Consumer CPE, Office CPE, and
Others.
By end-user, the global fixed-mobile convergence
market has been divided into home users and enterprises. The enterprise segment
has been split into BFSI, automotive, healthcare, media & entertainment,
government, and others.
Regional Analysis
Europe to Lead the Global Market
In 2017, Europe led the FMC market. Increased use
of fixed-mobile convergence to decrease operational costs is one of the factors
driving the market growth. Another driver for this market is the increased
customer demand for integrated services from any location at any time. In 2018,
the United Kingdom had the biggest market share, with Germany coming in second.
The market in France, on the other hand, is predicted to grow at the fastest
rate of 14.8 percent during the projection period.
Key Players
The key players in the worldwide fixed-mobile
convergence market are Ericsson (Sweden), Vodafone Group PLC (UK), Deutsche
Telekom AG(Germany), Samsung Group (South Korean), Orange SA (France), The
Proximus Group (Belgium), Turk Telekom (Turkey), Turkcell (Turkey), Ooredoo QSC
(Qatar), Nokia (Finland), Cisco Systems, Inc. (US), Fujitsu (Japan), Huawei
Technologies Co., Ltd (China) and ZTE Corporation (China).
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