The Fixed mobile Convergence Market is expected to register a CAGR of 14.5% during the forecast period. As per the MRFR analysis, there are various variables that are boosting the fixed mobile convergence market share. Some of these include the establishment of rules regarding driver and passenger safety in the auto industry, demand for vehicles, enterprises' future search for cost-effective, quick, and smarter cloud telecommunication tools that will ensure proper synchronisation in every communication channel, the upgrading of wireless and fixed networks around the globe, and the need to curb operational costs.
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Fixed mobile convergence services are predicted to develop, in response to the introduction of 5G technology. One of 5G's biggest promises is that it will bring the long-awaited vision of fixed-mobile convergence to reality. The sophisticated fixed-mobile integrations are made simple and convenient by 5G's Centralized Radio Network (C-RAN) design, which is based on the IP Multimedia Subsystem (IMS). Faster bandwidth, lower latency, and an almost infinite number of business use cases are all promised by 5G technology.
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The US has been at the forefront of global telecom and internet penetration. Internet data traffic continues to rise, with the US, leading the way globally. With roughly 283 million unique mobile customers, the US is the world's third-largest mobile communications market after China and India.
In February 2019, Squire Technologies' virtualised Session and Media controllers were chosen by Cyprus-based quad-play operator Cablenet, to consolidate its Fixed and Mobile voice network.
Global Fixed Mobile Convergence Market – Segmentation
By Component
Service
Infrastructure
By mode type
Single Mode
Dual Mode
By End User
Enterprises
Home users
Global Fixed Mobile Convergence Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Aruba Networks (Hewlett Packard Enterprise)
Cisco Systems Inc.
Fujitsu Ltd
Huawei Technologies Co. Ltd.
Mitel Networks Corporation
Orange SA
Telefonaktiebolaget LM Ericsson
The Proximus Group
Qualcomm
ZTE Corporation
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