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Global Enterprise Media Gateway Market 2016-2020 - Greater Adoption of VoIP and SIP Trunking - Key Vendors are ZTE Corp, Cisco Systems & Alcatel-Lucent - Research and Markets

[April 26, 2016]

Global Enterprise Media Gateway Market 2016-2020 - Greater Adoption of VoIP and SIP Trunking - Key Vendors are ZTE Corp, Cisco Systems & Alcatel-Lucent - Research and Markets

Research and Markets has announced the addition of the "Global Enterprise Media Gateway Market 2016-2020" report to their offering.

The global enterprise media gateway market is projected to grow at a CAGR of 4.21% during the period 2016-2020.

Increasing deployment of IP communication applications and services in enterprises due to rapid and cost-effective deployment has led to the growth of global enterprise media gateway market. The growing demand for SIP trunking and cloud-based services along with the rising penetration of broadband and high-speed long-term evolution (LTE (News - Alert)) technology are driving the adoption of enterprise media gateways globally.

The transition from developed to developing market is the latest trend witnessed in the market. As a result of improved economy in developing countries such as India and China, the number of enterprises has increased, and there is a shift in preference from telecom to VoIP service. Tis has had a positive influence on the demand for media gateways.

According to the report, VoIP is widely adopted in enterprises as it reduces the operational cost of companies and increases their profit margin by lowering the use of telecom services. Enterprise media gateway offers quality communication to enterprises followed with audio, video, and messaging services.

Further, the report states that Data security poses a major challenge in the market because of increasing incidents of identity theft in organizations, which leads to data loss and hampers the reputation of the company.

Key vendors: