Fixed-Mobile Convergence (FMC) Market, COVID – 19 Outbreak, Business Trends, Global Segments by Forecast 2027
Market Research Future (MRFR) has identified its ability to reduce cost as one of the major factors to influence the global market. Increasing demand for integrated service irrespective of the location is also going trigger transformations in the market. The global Fixed-Mobile Convergence (FMC) Marketis slated to reach a mark of USD 6,208.7 million by 2025, with 14.1% CAGR during the forecast period of 2019 to 2025.
The upgradation in fixed and wireless networks around the world is expected to create unique options for growth in the fixed-mobile convergence market. The need to curb operational costs is estimated to be a critical factor that will be driving market growth in the forecast period. The demand for a seamless transition in calls is further estimated to push the market expansion in the coming period.
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Competitive Outlook:
The eminent contenders in the fixed-mobile convergence market are Deutsche Telekom AG(Germany), Samsung Group (South Korean), Huawei Technologies Co., Ltd (China), Ericsson (Sweden), Vodafone Group PLC (UK), Turk Telekom (Turkey), Orange SA (France), The Proximus Group (Belgium), Turkcell (Turkey), Ooredoo QSC (Qatar), Nokia (Finland), Cisco Systems, Inc.(US), Fujitsu (Japan), and ZTE Corporation (China).
Segmentation:
The segmental assessment of the fixed-mobile convergence market has been conducted on the basis of mode, component, convergence type, end-user, and regions. On the basis of convergence type, the fixed-mobile convergence market has been segmented into network convergence, device convergence, and application convergence. The network convergence segment was responsible for the significant market share in the year 2018. Based on the mode, the fixed-mobile convergence market has been bifurcated into single-mode and dual-mode. The dual-mode segment was credited for the leading market share in the year 2018. The component basis of segmenting the fixed-mobile convergence market consists of service and infrastructure. On the basis of end-user, the fixed-mobile convergence market is segmented into home users and enterprises. The enterprise segment has been further sub-divided into BFSI, automotive, media & entertainment, healthcare, government, and others. Based on the regions, the fixed-mobile convergence market consists of Asia-Pacific, North America, Europe, and the rest of the regions.
Regional Analysis:
In Europe, the fixed-mobile convergence market has around 45% of the global market share. France is contributing in significant ways to inspire the growth of the market. In Asia Pacific, the market will secure the fastest growth.
Industry News
The improvement in research and development facilities and equipment is further projected to influence the growth of the market in the forecast period. The scope of development of the market shows a high growth potential that the market can achieve in the coming years. The strategic allocation and positioning of assets are expected to aid each competitor in the mart with their growth goals. The inducement of definite regulations introduced by the governments of several countries is estimated to enhance the profits that can be gained by the market. The availability of suitable means to build robust distribution channels is estimated to characterize the future expansion of the market in the forecast period. The stability of the economic state is expected to further lend to the favorable development in the global market strength. The need to prepare for contingencies such as natural disasters, pandemics, and international trade wars is expected to allow the market a better capability to deal with the challenges.
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1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued….
List Of Tables
TABLE 1 LIST OF ASSUMPTIONS 23
TABLE 2 GLOBAL FIXED-MOBILE CONVERGENCE MARKET, BY CONVERGENCE TYPE, 2020–2027 (USD MILLION) 36
TABLE 3 GLOBAL FIXED-MOBILE CONVERGENCE MARKET, BY MODE, 2020–2027 (USD MILLION) 38
List Of Figures
FIGURE 1 MARKET SYNOPSIS 14
FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL FIXED MOBILE CONVERGENCE MARKET 15
FIGURE 3 GLOBAL FIXED MOBILE CONVERGENCE MARKET ANALYSIS BY CONVERGENCE TYPE, 2020-2027 (USD MILLION) 15
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