Media Gateway Market by Wireline, Wireless, Telecommunications - 2023 | MarketsandMarkets

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MarketsandMarkets Presents
Media Gateway Market worth 2.19 billion USD by
2023 Media Gateway Market by Type (Analog and
Digital), Technology (Wireline, Wireless, and
Hybrid), Vertical (Telecommunications,
Government, BFSI, Manufacturing, Healthcare,
Transportation), and Geography - Global Forecast
to 2023 https//www.marketsandmarkets.com/Market
-Reports/media-gateway-market-211654390.html
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According to the new market research
report "Media Gateway Market by Type (Analog and
Digital), Technology (Wireline, Wireless, and
Hybrid), Vertical (Telecommunications,
Government, BFSI, Manufacturing, Healthcare,
Transportation), and Geography - Global Forecast
to 2023", this market is expected to reach USD
2.19 billion by 2023 from USD 2.03 billion in
2018, at a CAGR of 1.46 between 2018 and 2023.
The need for high-quality communication over
disparate networks the modular structure of
media gateways providing high flexibility to
legacy networks session border functionality of
integrated media gateways are the factors driving
the growth of this market. Browse 30 market
data Tables and 37 Figures spread through 116
Pages and in-depth TOC on "Media Gateway Market -
Global Forecast to 2023"Early buyers will
receive 10 customization on this report.
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Digital media gateways to hold larger market
share during forecast period The digital media
gateways connect a VoIP circuit to a PSTN
circuit, allowing the use of VoIP despite the
network gaps or even when only one of the
endpoints is enabled with VoIP. This
functionality is provided transparently, and
therefore customers are not required to
understand or be aware of the topologies over
which their communications are facilitated.
Hence, the digital media gateways are expected to
account for a larger share of the overall media
gateway market during the forecast period. PDF
Brochure_at_ https//www.marketsandmarkets.com/pdfdow
nload.asp?id211654390 Media gateway based
on wireline technology accounted for largest
share by 2018 The wireline technology-based
media gateways are used to offer high flexibility
and redundancy in the networks the adoption of
such media gateways helps establish secured voice
infrastructure and address the demand posed by
the rapid increase in mobile subscribers. The
adoption of VoIP access drives the market for the
wireline technology-based media gateways. The
media gateways based on wireline technology are
expected to account for the largest share of the
overall media gateway market by
2018.
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Telecommunications to hold largest share of media
gateway market during forecast period The
telecommunications sector is expected to dominate
the media gateway market, in terms of size,
during the forecast period. The growth of the
market for the telecommunications sector is
attributed to the development of new
communication technologies and the increasing use
of media gateways in this sector to address the
need for secure communications. The media
gateways also offer new voice and multimedia
services, transform or replace costly legacy
switching, and converge disparate mobile as well
as fixed networks, and these gateways have been
widely deployed by service providers to offer
Voice over LTE (VoLTE) and IP multimedia
subsystem (IMS) media interworking and
transcoding services. Inquiry Before Buying _at_
https//www.marketsandmarkets.com/Enquiry_Before_B
uying.asp?id211654390 APAC to hold largest
share of media gateway market during forecast
period APAC is likely to continue to lead the
media gateway market as it is likely to account
for the largest share of the global media gateway
market during the forecast period. The rapid
increase in new mobile subscribers in developing
countries such as China, India, and South Korea
raises the need for high-speed and high-quality
voice services, along with flexibility and
scalability. The integrated media gateways are
capable of handling huge mobile IP traffic in
these countries. Hence, the penetration of media
gateways is considerably high in APAC.
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