Global Fixed-Mobile Convergence Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Fixed-Mobile Convergence Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Fixed-mobile convergence (FMC) represents the integration of fixed and mobile communications networks, services, and applications. FMC enables converged voice, data, and multimedia services over a single network infrastructure, whether cellular or Wi-Fi. That creates a more seamless experience for users, who can move freely between different types of networks without having to worry. Fixed-mobile convergence is a rapidly growing trend in the telecommunications industry, as users seek to increase efficiency and improve flexibility by integrating their fixed and mobile networks.

Market Overview:

The latest research study on the global Fixed-Mobile Convergence market finds that the global Fixed-Mobile Convergence market reached a value of USD 5444.45 million in 2022. It’s expected that the market will achieve USD 11076.06 million by 2028, exhibiting a CAGR of 12.57% during the forecast period.

The epidemic affects downstream demand. During the pandemic, consumers are relying more than ever on home connectivity as well as online entertainment and education. The pandemic has given consumers the time and willingness to take a closer look at their connectivity and the digital services they use. Telecom companies and digital operators are developing the market by satisfying consumers' demand for high-speed Internet and enabling more people to subscribe to services, which brings new market opportunities for fixed-mobile convergence. While remote work and online education will wane as the crisis recedes, the pandemic has highlighted the urgent need for fast and reliable connections, capable devices and attractive services.

1 Drivers

1.1 Fixed-mobile convergence has the advantages of improving business flexibility and competitiveness.
1.2 The development of 5G technology promotes fixed-mobile convergence.

2 Challenges

2.1 High risk of technology upgrade iteration and product development.
2.2 Talent and capital barriers are high.

3 Restraints
3.1 Information security issues.
3.2 Strict industry regulation.

Region Overview:

Europe was the largest revenue market with a market share of 30.05% in 2017 and 29.57% in 2022, a decrease of 0.48%. In 2022, North America market share was 26.62%, ranking second.

Company Overview:

Cisco manufactures and sells networking hardware and software, as well as telecommunications equipment and other technological services. Cisco operates through its many successful subsidiaries, acquired since its founding in 1984, with Webex, Jabber, and Jasper among them.

Orange Business Services offers integrated communications products and services to enterprises in cloud computing, unified communications, collaboration, Big Data, Internet of things, and Artificial Intelligence; which manage and integrate the complexity of international communications and software applications.

Huawei is an independent, privately-held company that provides information and communication technology (ICT). It serves three main types of customers: Telecom operators that provide Internet, broadband, wireless, plus fixed and mobile phone services.

The industry concentrate rate is relativity low. The market share of the top three companies in 2021 was 18.69%. The top three companies are Cisco, Orange and Huawei, with the revenue market share of 7.21%, 6.95% and 4.53% in 2021.

Segmentation Overview:

Fixed-mobile convergence can be divided into services and infrastructure according to the products provided to customers. Services provide related solutions and technical support, and infrastructure provides corresponding hardware equipment. and infrastructure according to the products provided to customers. Services provide

Among different product types, service segment is anticipated to contribute the largest market share in 2027.

Application Overview:

Fixed-mobile convergence can be divided into personal communication and corporate communication according to different customer groups.

By application, the Personal communications segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Fixed-Mobile Convergence market covered in Chapter 3:

MEO
Zain
PCCW
Ooredoo
Proximus
Batelco
Qualcomm
Orange
Gintel
Huawei
Comcast
Vodafone
Plus Poland
Turkcell
Cisco
Mobily
Turk Telekom

In Chapter 4 and Chapter 14.2, on the basis of types, the Fixed-Mobile Convergence market from 2018 to 2029 is primarily split into:

Service
Infrastructure

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fixed-Mobile Convergence market from 2018 to 2029 covers:

Personal Communications
Corporate Communications

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)