Fixed-Mobile Convergence (FMC) Market is Expected to Grow at 14.1% CAGR with USD 6,208.7 Million in value by 2025 during the Forecast Period :

Pune, India, September 2019, MRFR Press Release/- Market Research Future has Published a Cooked Research Report on the Global Fixed-Mobile Convergence (FMC) Market.

Overview

The Global Fixed-Mobile Convergence (FMC) Market is expected to expand at 14.1% CAGR with USD 6,208.7 Million in value by 2025 during the forecast period.  In this report, Market Research Future (MRFR) includes segmentation and market dynamics to offer a better glimpse of the market in the coming years.

The increasing demand from customers for integrated services from any location at any time is propelling the growth of the market. The global fixed-mobile convergence market is dominated by a few major players; however, new players are expected to enter the market due to new revenue opportunities in regions such as Asia-Pacific, the Middle East and Africa, and South America. The entry of new players is expected to increase the competition in the market.

Fixed mobile convergence helps telecommunication operators to utilize the resources and infrastructure of both fixed and wireless networks. With the help of FMC architecture, operators can offer voice, data, video services to enterprises as well as individual customers. FMC enables single-number reach solutions, wherein an individual (employee) can use the speakerphone capabilities on desk, when in office and then can seamlessly transition the call to cellphone when he/she is not the premise. Apart from signal number reach FMC architecture has the capabilities to provide single-number Voicemail, unified communication among others. The growing demand from customers to avail integrated services from any location at any time is another driver for this market.

Segmental Analysis

The global fixed-mobile convergence (FMC) market has been segmented based on convergence type, mode, component, end-user, and region.

Based on convergence type, the market has been segmented into device convergence, network convergence, and application convergence.  The network convergence segment accounted for the largest market share in 2018 and the device convergence segment was the second-largest market with the highest CAGR. Network convergence is the integration of three different networks namely video transmission network, telephone network, and data communication network within a single converged network to create a unified networking infrastructure. Network convergence is also referred to as media convergence. Due to the ever-growing consumer demand, network convergence has become the backbone of any digital Internet activity. Web surfing, testing, VoIP, quality analysis, video and audio conferencing, and e-commerce all use network convergence to engage with the public and business groups.

By mode, the market has been divided into single-mode and dual-mode. The dual mode segment accounted for the largest market share in 2018 and is expected to register the highest CAGR during the forecast period. The dual-mode fixed-mobile convergence (FMC) relies upon dual-mode phones and phone-based clients to enable users to roam between a wireless LAN and a cellular network seamlessly. Dual-mode FMC solutions prove to be cost-effective for enterprises as it saves enterprise money by reducing mobile cellular minutes of use when voice calls roam to the Wi-Fi network. The dual-mode fixed-mobile convergence also offers enhanced voice coverage and can intelligently route international mobile calls through trunks connected to the premises-based PBX, saving per-minute international roaming costs. It has not been widely embraced by the enterprise as many of its benefits are either difficult to realize or can be achieved using alternative FMC solutions.

Based on component, the market has been segmented into service and infrastructure. The service segment has been further sub-segmented into Voice, video telephony, social networking, broadband internet, broadband TV, and others. The infrastructure segment has been further sub-segmented into network, consumer CPE, office CPE, and others. The service segment accounted for the largest market share in 2018 and is expected to register the highest CAGR of 15.2% during the forecast period.

By end-user, the market has been divided into home users and enterprises. The enterprise segment has been further segmented into BFSI, automotive, healthcare, media & entertainment, government, and others. The enterprises segment accounted for the largest market share in 2018 and is expected to register the highest CAGR of 14.3% during the forecast period. The home users segment was the second-largest market in 2018.

The regions included in the study are North America, Europe, Asia-Pacific, and the rest of the world.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/fixed-mobile-convergence-market-8305

Competitive Analysis

The key players in the global fixed-mobile convergence market are Ericsson (Sweden), Vodafone Group PLC (UK), Orange SA (France), The Proximus Group (Belgium), Turk Telekom (Turkey), Turkcell (Turkey), Ooredoo QSC (Qatar), Nokia (Finland), Deutsche Telekom AG(Germany), Samsung Group (South Korean), Cisco Systems, Inc.(US), Fujitsu (Japan), Huawei Technologies Co., Ltd (China) and ZTE Corporation (China).

Regional Analysis

The regional analysis of the global fixed-mobile convergence (FMC) market has been conducted for North America, Europe, Asia-Pacific (APAC), and the Middle East & Africa, and South America.

Europe was the largest FMC market in 2017. Europe has been segmented into six regions, namely the UK, Germany, France, Spain, Italy and the rest of Europe. According to the MRFR analysis, the UK is expected to gain the highest market share followed by Germany and France. Some of the factors that are responsible for the market growth include an increase in the adoption of fixed-mobile convergence to save operational costs. Also, the growing demand from customers to avail integrated services from any location at any time is another driver for this market. Asia-Pacific is expected to be the fastest-growing market from 2018 to 2025. The North American market has the presence of many FMC solution providers that offer their services regionally as well as internationally. The key driving factors for the growth of the FMC market in the region include the rising adoption of FMC by enterprises to offer a unified converged communication network and faster service delivery. In this study, the countries covered under North America are the US, Canada, and Mexico.