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Fixed Mobile Convergence MarketThe global fixed-mobile convergence (FMC) market is expected to expand at ~14.1% CAGR with USD 6,208.7 million in value by 2025 during the forecast period.Fixed-mobile convergence removes the difference between fixed and mobile networks to provide a seamless experience to consumers across connected devices at home or on the move.
FMC can help telecommunication operators to improve their revenue growth, reduce churn rate, and increase subscriber base.
There has been significant growth in the adoption of FMC services over the past two years.
The growth is due to the consolidation of telecommunication players and various industry challenges such as changing consumer behavior, for instance, the extensive use of video services and social networking services, the accessibility to a number of services and applications via the Internet, and industry consolidation.
The telecom operators and standards groups are taking efforts to develop a common 5G converged core network where services can be delivered over any access network, whether fixed-line, Wi-Fi, Bluetooth, or 3GPP-based access, such as like 4G LTE, or 5G New Radio.
The emergence of 5G is a driving factor for fixed-only telecom operators, as well as MVNO (mobile virtual network operator), to enter the mobile market via their own network.Competitive AnalysisThe major players in the global fixed-mobile convergence market are Ericsson (Sweden), Cisco Systems, Inc.(US), Fujitsu (Japan), Huawei Technologies Co., Ltd (China) Vodafone Group PLC (UK), Orange SA (France), The Proximus Group (Belgium), Turk Telekom (Turkey), Turkcell (Turkey), Ooredoo QSC (Qatar), Nokia (Finland), Deutsche Telekom AG(Germany), Samsung Group (South Korean), and ZTE Corporation (China).Segmental AnalysisBy convergence type — the market is segmented into device convergence, network convergence, and application convergence.By mode — the market is divided into single-mode and dual-mode.By component — service and infrastructure.By end-user — home users and enterprises.Regional AnalysisGeographic analysis of the fixed-mobile convergence (FMC) systems market has been conducted for North America, Europe, Asia-Pacific (APAC), and the Middle East & Africa, and South America.Europe was the largest FMC market in 2017.
Understanding how automobile industry is going through a downfall during corona-virus pandemicDue to the sudden outbreak of coronavirus in the ‘world’s factory’ to all the other countries, we’ve abruptly taken a step back and entered a constant state of fear and misery.
When most of the people are still figuring out a way to prevent and avoid the consequences of the virus, there are industries that have already started suffering and are now facing losses.
According to experts, it was already predicted that the recession this year would be bigger than that of 2008 but they failed to predict that it would be so soon.
With businesses shutting down and Americans being shut in, it is harder for the economists to foresee the bottom of the upcoming recession and also to know how long will it take to climb back.Read more...For KPMG Lean Six Sigma Training registrations mail to in-fmsixsigma@kpmg.com or call at +91 9555688555, +91 9022033666 or +91 8444011201.