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Market Overview of Global Fixed-Mobile Convergence market:
According to our latest research, the global Fixed-Mobile Convergence market looks promising in the next 5 years. As of 2022, the global Fixed-Mobile Convergence market was estimated at USD 5444.45 million, and it's anticipated to reach USD 11076.06 million in 2028, with a CAGR of 12.57% during the forecast years.
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.
The impact of the COVID-19 epidemic on the industrial chain
First of all, due to the impact of the epidemic, it is difficult to purchase and transport supplies of raw materials and equipment in a timely manner, and upstream enterprises affect the work progress of midstream and downstream enterprises. The epidemic affects logistics and transportation. Many countries have imposed controls on domestic traffic and the movement of people, and imposed restrictions on imported goods. This has resulted in varying degrees of logistical disruption, stockpiling and transport delays. A large number of goods are stranded at the port, the supply of containers is in short supply, the goods cannot be delivered, and the increase in logistics costs drives up the prices of raw materials and equipment.
Secondly, enterprises in the fixed-mobile integration industry are affected to varying degrees. Enterprises re-examine their investment strategies. They will re-establish production plans based on the current epidemic situation and market supply and demand conditions; the epidemic will affect the cash flow of some enterprises in the industry, and then affect Operating conditions. Finally, 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.
The development of 5G technology promotes fixed-mobile convergence
Network convergence is the requirement of telecommunication technology progress. The innovation and progress of communication technology has laid a solid foundation for fixed-mobile network convergence and created more favorable conditions. In the next few years, the trend of deep integration of 5G network elements will gradually increase. 5G network commercialization is accelerating globally. By the end of 2021, 200 5G network commercial launches in 78 countries and regions around the world have been launched. On this basis, thousands of industry 5G network projects have signed commercial contracts, reflecting the rapid development of 5G in the industry market. From the perspective of driving industrial development, 5G communication is considered to be the key to the upgrading of personal consumption experience and the digital transformation of the industry. Major economies in the world have clearly required 5G to be an important part of long-term industrial development.
Large operators have long been exploring ways to interwork fixed and mobile networks for seamless voice, data, and video services. As mobile transitions to 5G, those operators are driving the FMC architecture framework deeper into the network with 5G Core as the "anchor" and as fixed and mobile access networks get disaggregated and virtualized. In the LTE days, the IMS network, which can be thought of as the application layer network, was used to piece mobile and fixed networks together. Now in the days of 5G, Major global operators are leading a push to anchor the two access networks via the 5G SA core network. Network convergence is an important way for mobile communications to achieve inclusive access capabilities and technological changes and upgrades. 5G has made more in-depth development on the road of fixed-mobile integration, and will also promote the progress of the fixed-mobile integration industry.
Talent and capital barriers are high
Fixed-mobile integration involves multiple fields such as communications, electronics, and the Internet of Things. It integrates information network technology, advanced material technology, and digital technology. It is a typical technology-intensive industry. Core technicians are an important cornerstone for the survival and development of companies in the industry, and these form a high talent barrier for new entrants in the industry. At the same time, if companies in the industry cannot continue to strengthen the introduction, incentives and protection of core technical personnel, there will be risks of loss of core technical personnel and technology confidentiality, and the company's continuous research and development capabilities will also be adversely affected.
Enterprises in this industry need a lot of capital investment. On the one hand, because customers have high requirements for product practicability and reliability, the product has a long cycle from research and development, testing, product operation to market promotion, which takes up a lot of funds and requires the company to have a certain amount of capital reserves; on the other hand , with the continuous rise of the overall technical level of the industry, companies need to continue to invest manpower and material resources in the research and development of new products and new technologies, and invest a lot of money in the purchase of various standard equipment and facilities. Companies without certain capital accumulation or financial support will be difficult To meet the needs of technology upgrading or development.
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.
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:
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.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Fixed-Mobile Convergence market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Fixed-Mobile Convergence Market Report:
Market Size Estimates: Fixed-Mobile Convergence market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Fixed-Mobile Convergence market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Fixed-Mobile Convergence market
Segment Market Analysis: Fixed-Mobile Convergence market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Fixed-Mobile Convergence market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Fixed-Mobile Convergence Market: Revenue and sales volume of major countries in each region
Fixed-Mobile Convergence Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Fixed-Mobile Convergence market in major regions.
Fixed-Mobile Convergence Industry Value Chain: Fixed-Mobile Convergence market raw materials & suppliers, manufacturing process, distributors, downstream customers
Fixed-Mobile Convergence Industry News, Policies & Regulations
Key players in the global Fixed-Mobile Convergence market are covered in Chapter 12:
Batelco
Comcast
Turkcell
PCCW
Vodafone
Mobily
Proximus
Zain
Ooredoo
Turk Telekom
Plus Poland
Gintel
Orange
Cisco
MEO
Qualcomm
Huawei
In Chapter 2 and Chapter 15.1, based on types, the Fixed-Mobile Convergence market from 2018 to 2028 is primarily split into:
Service
Infrastructure
In Chapter 3 and Chapter 15.2, based on applications, the Fixed-Mobile Convergence market from 2018 to 2028 covers:
Personal Communications
Corporate Communications
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Fixed-Mobile Convergence market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028