The media gateway global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Media Gateway Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The media gateway market size has grown steadily in recent years. It will grow
from $2.43 billion in 2023 to $2.48 billion in 2024 at a compound annual growth
rate (CAGR) of 2.3%. The growth in the historic period can be
attributed to volte (voice over lte) deployment, focus on cost optimization,
cloud-based communication services, rise of voip services, integration of
multimedia services.
The media gateway market size is expected to see steady growth in the next few
years. It will grow to $2.76 billion in 2028 at a compound annual growth rate
(CAGR) of 2.7%. The growth in the
forecast period can be attributed to multi-protocol support, increasing data
traffic handling, iot integration, unified communication solutions, enhanced
security measures. Major trends in the forecast period include interoperability
and scalability, ai and automation integration, smart city initiatives, global
telecommunication infrastructure development, edge computing and edge devices.
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Scope Of Media Gateway Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Media Gateway Market Overview
Market Drivers -
The growing number of data centers is expected to propel the growth of the
media gateway market going forward. A data center refers to a facility that
centralizes an organizations shared IT operations and equipment to store,
process, and disseminate data and applications in the organization. A media
gateway is a device used as a core network in data centers to provide
transformation and interworking between media streams. These help in the free
flow of data from data centers to workstations. For instance, according to the
United States International Trade Commission, a US-based federal government
agency, there were 2,600 data centres in the US as of May 2021. Therefore, the
increase in the number of data centers is contributing to the growth of the
media gateway market.
Market Trends -
Technological innovation is a key trend in the media gateway market. Major
companies in the market are introducing new technologies that work on 5G
technology to sustain their position in the market. For instance, in February
2022, ZTE Corporation, a China-based technology company launched ZXV10 B960GV1,
a new-generation 5G media gateway set-top box. That is fit for the Android TV.
This STB offers new video experiences with low latency, high speed, and high
stability. The 5G technology helps to get good quality videos without
buffering.
The media gateway market covered in this report is segmented –
1) By Type: Analog, Digital
2) By Technology: Wired, Wireless, Hybrid
3) By Vertical: Government, Banking, Financial Services, and Insurance (BFSI),
Manufacturing, Healthcare, Telecommunications, Transportation, Other Verticals
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Regional Insights -
North America was the largest region in the media gateway market in 2023.
Asia-Pacific is expected to be the fastest-growing region in the forecast
period. The regions covered in the media gateway market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
Key Companies -
Major companies operating in the media gateway market report are AudioCodes
Ltd., Avaya Inc., Cisco Systems Inc., Dialogic Corporation, Grandstream
Networks Inc., Nokia Corporation, Ribbon Communications Operating Company Inc.,
ZTE Corporation, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd.,
Patton Electronics Co., Sangoma Technologies Corporation, Synway Information
Engineering Co. Ltd., Telcobridges Inc., Yeastar Information Technology Co.
Ltd., Dinstar Technologies Co. Ltd., OpenVox Communication Co. Ltd., Vega
Global, Welltech Telecom, Matrix Comsec Pvt Ltd., Mitel Networks Corporation,
NEC Corporation, Panasonic Corporation, Polycom Inc., Samsung Electronics Co.
Ltd., ShoreTel Inc., Toshiba Corporation, Unify Inc., Vodafone Group plc, West
Corporation
Table of Contents
1. Executive Summary
2. Media Gateway Market Report Structure
3. Media Gateway Market Trends And Strategies
4. Media Gateway Market – Macro Economic Scenario
5. Media Gateway Market Size And Growth
…..
27. Media Gateway Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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