Pune, India -- (SBWIRE) -- 08/14/2018 -- Media gateway is defined as a device which converts the data from one network format to the network format as per requirement with the help of circuit switch, IP gateway. It is used to convert various types of digital media protocol for effective multimedia communication. It is used in connecting various networks such as 2G, 3G, 4G and other. The main function of media gateway is to convert various codding to enable communication between the networks. According to Statista, in 2017, the telecommunication market was valued around USD 1.4 trillion and estimated to grow around USD 1.46 trillion by 2020. According to Outlook report, the U.S. media and entertainment industry is USD 735 billion which includes television program, commercials, streaming content, broadcast, radio and other. The industry is expected to reach around USD 830 billion by 2022. Thus it proves that the telecommunication industry is growing and will derive the demand of media gateway.

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Market Analysis:

The Global Media Gateway Market is expected to reach USD 2.13 billion by 2025 from USD 1.9 billion in 2017 and is projected to grow at a CAGR of 1.45% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

The renowned players in media gateway market are:

Matrix Comsec.,
Sonus Networks, Inc,
Squire Technologies Ltd,
Yeastar Information Technology Co., Ltd.,
TELCOBRIDGES INC.,
Metaswitch Networks,
Patton Electronics Co.,
Mitel LLC,
Aculab,
Shenzhen Dinstar Co.,Ltd,
Avaya Inc.,
ZTE Corporation,
Synway Information Engineering Co., Ltd.,
Telefonaktiebolaget LM Ericsson,
Cisco Systems,
Huawei Technologies,
Nokia,
AudioCodes Limited,
PortaOne, Inc.,
others.

Market Drivers and Restraints:

- Increasing for high-quality communication over disparate networks
- Modular structure of media gateways providing high flexibility to legacy networks
- Rising border functionality of integrated media gateways
- Adoption of soft switches declining the need for deployment of new media gateway hardware.
- Lack of skilled workforce to add new solutions in existing network

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Market Segmentation:

The market is based on type, technology, vertical, and geographical segments.

Based on type:

- Digital
- Analog

Based on technology:

- Wireline
- Wireless
- Hybrid

Based on vertical:

- Government
- Banking
- Financial Services
- Manufacturing
- Healthcare
- Transportations
- Telecommunications
- Others

Based on geography:

- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa

Some of the major countries covered in this report are:

- U.S.
- Canada
- Germany
- France
- U.K.
- Netherlands
- Switzerland
- Turkey
- Russia
- China
- India
- South Korea
- Japan
- Australia
- Singapore
- Saudi Arabia
- South Africa
- Brazil
- Among others.

Competitive Analysis:

The global media gateway is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of media gateway market for global, Europe, North America, Asia Pacific and South America.

In 2018, Matrix Comsec is to participate in channel live 2018 to be held in Birmingham. Matrix is focusing on the UK market for establishing a stronghold in telecom and security industry.

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