TMCnet News
The media gateway market in APAC is expected to grow at the highest CAGR during 2018-2023NEW YORK, June 27, 2018 /PRNewswire/ -- Global media gateway market to grow at a CAGR of 1.46% between 2018 and 2023 The adoption of VoIP access drives the market for the wireline technology-based media gateways, and hence these gateways are likely to hold the largest share of the overall media gateway market during the forecast period. Market in APAC to witness considerable growth during forecast period The media gateway market in APAC is expected to grow at the highest CAGR during 2018–2023. The emerging markets in this region are expected to be the highest contributors to the massive long-term growth of media gateways in the future despite the IP telephony currently being one of the effective options for connectivity in some developing countries across this region. Breakup of profiles of primary participants is as follows: • By Company Type: Tier 1 – 31%, Tier 2 – 37%, and Tier 3 – 32% • By Designation: C-Level Executives – 45%, Directors – 36%, and Others – 19% • By Region: North America – 32%, Europe – 30%, APAC –24%, and Rest of the World – 14% Note: The 3 tiers of the companies are defined on the basis of their total revenue as of 2017; tier 1 = >USD 1 billion, tier 2 = USD 500 million - USD 1 billion, and tier 3 = < USD 500 million. The Rest of the World includes South America, and the Middle East and Africa. The report details the competitive landscape for prominent players, including Nokia (Finland), AudioCodes (Israel), Avaya (US), Ribbon Communication (US), Ericsson (Sweden), Huawei (China), Cisco Systems (US), Dialogic (US), Synway Information (China), and ZTE (China). Research Coverage This research report categorizes the global media gateway market on the basis of type, technology, vertical, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the market. Reasons to Buy This Report The report would help leaders/new entrants in this market in the following ways: 1. This report segments the media gateway market comprehensively and provides the closest market size estimation for subsegments across regions. 2. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities pertaining to the market. 3. This report would help stakeholders understand their competitors better and gain insights to improve their position in the business. The competitive landscape section includes the competitor ecosystem, product launches, acquisitions, partnerships, expansions, agreements, and collaborations. Read the full report: https://www.reportlinker.com/p05446326 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-media-gateway-market-in-apac-is-expected-to-grow-at-the-highest-cagr-during-20182023-300673214.html SOURCE Reportlinker |