Fixed Mobile Convergence Global Market Report 2024

The fixed mobile convergence market size has grown rapidly in recent years. It will grow from $5.84 billion in 2023 to $6.67 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. The historical growth can be attributed to the upgrading of fixed and wireless networks, the emergence of 5G technology, increased demand for seamless call transitions, and the growing demand for unified communication solutions.

The fixed mobile convergence market size is expected to see rapid growth in the next few years. It will grow to $11.46 billion in 2028 at a compound annual growth rate (CAGR) of 14.5%. The anticipated growth in the forecast period can be attributed to the increasing demand for unified communication solutions, adoption of fixed-mobile convergence technology, growing demand for integrated services, increased use of digital devices, and the rise of remote work trends. Key trends expected in the forecast period include technological advancements, multi-access edge computing (MEC), integration with 5G networks, enterprise mobility solutions, and the proliferation of IoT and smart devices.

The rapid adoption of 5G technology is expected to drive the growth of the fixed mobile convergence market in the coming years. 5G represents the fifth generation of cellular network technology, offering faster data speeds, lower latency, and increased capacity compared to previous 4G networks. The demand for 5G is driven by factors such as rising data traffic, enhanced capacity and connectivity, and improved mobile broadband services. The high bandwidth and seamless connectivity of 5G enable the smooth integration of fixed and mobile networks, allowing uninterrupted handovers between Wi-Fi and cellular networks. This fosters the growth of fixed mobile convergence by providing faster speeds and reliable connections for users across various devices and locations. For example, according to 5G Americas in April 2023, global 5G wireless connections increased by 76% from the end of 2021 to the end of 2022, reaching 1.05 billion connections and projected to reach 5.9 billion connections by the end of 2027. Hence, the surge in 5G technology is propelling the expansion of the fixed mobile convergence market.

Leading companies in the fixed mobile convergence market are concentrating on developing advanced solutions such as cloud-based unified communications platforms to enhance communication and collaboration for businesses. A cloud-based unified communication platform integrates fixed-line and mobile communication services into a unified platform hosted in the cloud. This platform enables seamless access to a variety of communication tools and services across fixed and mobile networks. For instance, Vodafone Idea Limited partnered with RingCentral Inc. to launch Vodafone Business Unified Communications (UC) in Italy in April 2023. This unified communications solution supports hybrid working by providing analytics and reporting tools for businesses to analyze usage, evaluate call quality, and improve performance. It is accessible from any internet-connected device without the need for additional applications, making it suitable for remote or hybrid teams while offering enterprise-grade security and compliance with data regulations.

In October 2021, Orange Romania SA acquired a 54% stake in Telekom Romania Communications for $311 million. This acquisition aims to accelerate Romania's convergence plan and emphasizes the significance of fixed mobile convergence technology in the market. The strategic move by Orange promotes convergence goals and positions them as a leading provider of convergent services in Romania, leveraging Telekom Romania Communications' expertise in fixed-mobile convergence solutions.

Major companies operating in the fixed mobile convergence market are Samsung Electronics Co. Ltd., Verizon Communications Inc., AT&T Inc., Huawei Technologies Co. Ltd., T-Mobile US Inc., Cisco Systems Inc., Orange S.A., Telefonica S.A., Fujitsu Limited, Ericsson, Deutsche Telekom AG, Nokia Corporation, NEC Corporation, ZTE Corporation, Motorola Solutions Inc., BT Group plc, Juniper Networks Inc., Amdocs Limited, Avaya LLC, Mitel Networks Corporation, Mavenir, Radisys Corporation, Ribbon Communications Operating Company Inc., CounterPath Corporation, Tango Networks Inc.

North America was the largest region in the fixed mobile convergence market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fixed mobile convergence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fixed mobile convergence market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Fixed-mobile convergence (FMC) is a telecommunications strategy aimed at integrating services and networks from both fixed-line (traditional landline) and mobile networks onto a unified network infrastructure. This integration ensures users have a seamless experience, allowing them to access communication services across multiple devices and networks (fixed-line and mobile) without disruptions or inconsistencies.

The primary types of fixed-mobile convergence include session redirection, private branch exchange (PBX) mobility, client software, and dual-mode support. These components encompass various services such as voice, videotelephony, social networking, broadband internet, and broadband television (TV). FMC is utilized by numerous service providers including mobile, broadband, and combined services, catering to a wide range of end-users such as home users, enterprises, information technology (IT) and telecommunications (telecom) sectors, banking, financial services, and insurance (BFSI), automotive industry, healthcare sector, media and entertainment industry, as well as government agencies.

The fixed mobile convergence market research report is one of a series of new reports that provides fixed mobile convergence market statistics, including fixed mobile convergence industry global market size, regional shares, competitors with a fixed mobile convergence market share, detailed fixed mobile convergence market segments, market trends and opportunities, and any further data you may need to thrive in the fixed mobile convergence industry. This fixed mobile convergence market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fixed mobile convergence market consists of revenues earned by entities by providing services, such as seamless handover, converged billing, location-based services (LBS), and single-number reach (SNR). The market value includes the value of related goods sold by the service provider or included within the service offering. The fixed mobile convergence market also includes sales of products such as set-top boxes, routers, switches, access points, and radio access network (RAN) equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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