Fixed-Mobile Convergence (FMC) Market To Acquire Increasing Research Investments By 2025
Fixed-Mobile Convergence (FMC) Market
The global market for fixed-mobile convergence (FMC) can attain a valuation of USD 6,208.7 Million by 2025, reveals Market Research Future (MRFR). MRFR expects the market to record a growth rate of 14.1% during the forecast period (2019–2025).
Primary Drivers and Top Barriers
Fixed mobile convergence are used by telecommunication operators to make use of resources and infrastructure of fixed as well as wireless networks. Backed by the FMC architecture, operators are able to provide data, voice, video services to enterprises along with individual customers. FMC offers single-number reach solutions which involves the individual making use of the speakerphone capabilities present at the desk in the office. Following this, they are able to seamlessly transition the call to their phone, in case they are not in the premise.
The FMC architecture is also capable of providing single-number Voicemail and unified communication among others. Mounting demand among customers for integrated services that can be used from any location any time also benefits the global market.
The global market for fixed-mobile convergence is controlled by few renowned players; but the market can also expect entry of some new vendors in the coming years. These new companies are entering the market, given the revenue opportunities present in regions like the Middle East and Africa, South America as well as Asia Pacific. Thus, the entry of new companies is expected to elevate the competition and also expand the market size in the following years.
Market Segmentation
The global market for fixed-mobile convergence has been extensively analyzed, with respect to segments like convergence type, mode, component, end-user, and regions.
Considering the convergence type, the market includes network convergence, application convergence and device convergence.
Mode-wise, the market has been split into single-mode and dual-mode.
Depending on the component, the market can be narrowed down to service and infrastructure. The service segment comprises video telephony, voice, broadband internet, broadband TV, social networking, and others. Infrastructure can be divide into segments including Consumer CPE, Network, Office CPE, and Others.
The end-users in the FMC market are home users and enterprises. The enterprise segment can be broken down into automotive, BFSI, media & entertainment, government, healthcare, and others
Regional Outlook
The geographical analyzation of the fixed-mobile convergence market includes the Middle East and Africa, Asia Pacific (APAC), South America, North America and Europe.
In 2017, the FMC market was dominated by Europe, with Germany, the United Kingdom (UK), Spain, France and Italy identified as the leading countries. The main factors that have resulted in the market growth within the region include the high adoption of fixed-mobile convergence due to the need for low operational costs. Additionally, soaring demand among customers for integrated services is set to work in favor of the regional market. The UK, in 2918, was the largest market for fixed-mobile convergence in the region, while Germany stood at the second spot. However, France is projected to achieve the fastest growth rate of 14.8% in the years to come.
APAC can potentially attain the fastest CAGR from 2019 to 2025. The region is marked with a high disparity when it comes to maturity of fixed broadband infrastructure levels, which leads to a number of initiatives that trigger fixed broadband penetration. Various countries in the region are focusing on building and enhancing the core infrastructure, such as national backbone networks, required to deliver fixed broadband, while others are focusing on increasing fiber coverage and providing higher speeds. Increased competition in the fixed broadband market is being driven by national broadband initiatives focused on providing affordable broadband through regulated wholesale networks, further fixed mobile convergence is increasing competitive pressure.
More Information@
Fixed Mobile Convergence Market by Type, Growth and Forecast – 2025 | MRFR
FMC Market is probable to reach USD 6,208.7 Million by the end of 2025, registering a CAGR of 14.1% …
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