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.
Fixed-mobile convergence removes the difference between fixed and mobile networks to provide a seamless experience to consumers across connected devices at home or on the move. FMC can help telecommunication operators to improve their revenue growth, reduce churn rate, and increase subscriber base. There has been significant growth in the adoption of FMC services over the past two years. The growth is due to the consolidation of telecommunication players and various industry challenges such as changing consumer behavior, for instance, the extensive use of video services and social networking services, the accessibility to a number of services and applications via the Internet, and industry consolidation. Fixed operators acquire mobile companies; in turn, mobile operators acquire fixed network or building fiber network for their backhaul and FMC services. From the customer’s viewpoint, FMC helps them in viewing the same content across all the devices, without having to pay different service providers separately.
The emergence of the 5G network is an opportunity to deploy FMC. According to subject matter experts, 5G is expected to make FMC a considerable success in the future. The telecom operators and standards groups are taking efforts to develop a common 5G converged core network where services can be delivered over any access network, whether fixed-line, Wi-Fi, Bluetooth, or 3GPP-based access, such as like 4G LTE, or 5G New Radio. Telecom operators such as Verizon Wireless, AT&T Inc. and Deutsche Telekom AG are all preparing themselves to offer FMC around 5G. The emergence of 5G is a driving factor for fixed-only telecom operators, as well as MVNO (mobile virtual network operator), to enter the mobile market via their own network.
Segmental Analysis
By convergence type - the market is segmented into device convergence, network convergence, and application convergence.
By mode - the market is divided into single-mode and dual-mode.
By component - service and infrastructure.
By end-user - home users and enterprises.
Competitive Analysis
The major players in the global fixed-mobile convergence market are Ericsson (Sweden), Cisco Systems, Inc.(US), Fujitsu (Japan), Huawei Technologies Co., Ltd (China) 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), and ZTE Corporation (China).
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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