This market research study presents a detailed segmentation of the global enterprise media gateway market by end-user (small-sized enterprises, medium-sized enterprises, and large-sized enterprises) and by geography (Americas, APAC, and EMEA). The key vendors identified in the market are Alcatel-Lucent, Avaya, Cisco, Huawei Technologies, and ZTE.
Technavio’s market research analysts estimate the global enterprise media gateway market to grow at a CAGR of 4% between 2016 and 2020. Enterprise are increasingly focusing on the cost-effective deployment of IP communication applications and services due to their rapid and cost-effective deployment and this has led to the growth of global enterprise media gateway market. The implementation of enterprise media gateways have gained momentum across the world, owing to the growing demand for SIP trunking and cloud-based services along with the rising penetration of broadband and high-speed long-term evolution technology. The Americas is the leading region in the global enterprise media gateway market, accounting for 45% of eth total market share. Much of this region’s growth comes from the increasing number of people adopting enterprise media gateways owing to high awareness among them.
The new market research report from Technavio provides a breakdown and analysis of the enterprise media gateway segments by technology.
“The market is witnessing increased adoption of cloud services, which can lead to a significant reduction in the total cost of ownership as it eliminates the need to buy and install the hardware in the network infrastructure. Cloud-based services are economical and are easy to install and update, so most start-ups and SMEs choose cloud services over on-premise solutions. Moreover, large enterprises are also shifting toward cloud-based services to minimize the expenses related to technology infrastructure and to streamline operations. This recent change in preference for cloud-based services will fuel the market growth in the next five years,” says Soumya Mutsuddi, Lead Analyst, Media & Entertainment, Technavio Research
Currently, the large-sized enterprises segment dominate the market and accounted for close to 55% of the market share. The global presence of large enterprises has a positive impact on the demand for media gateways. Moreover, the increasing adoption of unified communications and media gateways by large organizations will also contribute the growth of this market segment over the forecast period.
The global enterprise media gateway market by end-user 2020 (% share)
Source: Technavio, 2016
The leading players in the global enterprise media gateway market include Alcatel-Lucent, Avaya, Cisco, Huawei Technologies, and ZTE. This market is highly competitive owing to the presence of well-established global players. The vendors compete on the basis of product differentiation, portfolio, and pricing, and the competition will intensify due to increasing product extensions.
A more detailed analysis is available in the Technavio report, Global Enterprise Media Gateway Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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