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Enterprise media gateway is a device that converts voice communications into digital signals and carries these signals over the Internet protocol (IP) network. Eminent factors like the rapid adoption of VoIP and SIP trunking will aid in the growth of this market during the forecast period. VoIP is a communication technology that transfers the voice-based interaction over IP-based networks. Whereas, session initiation protocol (SIP) trunking is a VoIP via which internet telecom service providers offer unified communication to the end-users. Most VoIP service providers offer economical packages for making long-distance calls while others offer free calls over IP networks.
Due to low initial investment and reduced operational and maintenance cost, the VoIP services are priced economically. Furthermore, VoIP communication helps the enterprise reduce operational costs and improve margins. For instance, a business can reduce its telecom cost by 30% to 40% by switching to VoIP. These factors have resulted in the high adoption of VoIP and SIP trunking and is expected to drive the growth prospects of the enterprise media gateway market until the end of 2020. Extensive research carried out by the analysts at Technavio has shown that the global enterprise media gateway market will grow steadily at a CAGR of more than 4% during the forecast period.
The increasing adoption of cloud services can lead to a significant reduction in the total cost of ownership as it eliminates the need to buy and install the hardware in the network infrastructure. Cloud-based services are economical and are easy to install and update, so most start-ups and SMEs choose cloud services over on-premise solutions. Moreover, large enterprises are also shifting toward cloud-based services to minimize the expenses related to technology infrastructure and to streamline operations. This recent change in preference for cloud-based services will fuel the market growth in the next five years.
During 2015, the large-sized enterprises segment dominated the market and accounted for close to 55% of the market share. The global presence of large enterprises has a positive impact on the demand for media gateways. Moreover, the increasing adoption of unified communications and media gateways by large organizations will also contribute the growth of this market segment over the forecast period.
The Americas dominated the global enterprise media gateway market, accounting for a market share of close to 45% in 2015. Since the Americas has the highest number of large and small vendors offering enterprise media gateways, the awareness among the end-users is high. With an increasing number of people adopting enterprise media gateways, this segment has a positive outlook in the coming years.
The global enterprise media gateway market is highly competitive owing to the presence of well-established global players. The vendors compete on the basis of product differentiation, portfolio, and pricing, and the competition will intensify due to increasing product extensions.
Key vendors in this market are -
Other prominent vendors analyzed in this market research report are ADTRAN, AudioCodes, Dialogic, Genband, Grandstream Networks, Matrix Telecom, Sangoma Technologies, and Sonus Networks.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Buying criteria
PART 08: Geographical segmentation
PART 09: Market attractiveness
PART 10: Key leading country
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Appendix
PART 18: Explore Technavio
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