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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 typeâââthe market is segmented into device convergence, network convergence, and application convergence.By modeâââthe market is divided into single-mode and dual-mode.By componentâââservice and infrastructure.By end-userâââhome 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.
The global thermal imaging market is estimated to grow from USD 3.4 billion in 2020 to USD 4.6 billion by 2025; at a CAGR of 6.2%.
One of the factors fueling the growth of this market is growing R investments by companies, governments, and capital firms to develop innovative thermal imaging solutions.
Thermal imaging is a technology used to detect temperature differences, also known as heat signatures in an environment or any object.
Heat signature is defined as the amount of infrared energy emitted by an object as a function of its temperature.
This heat signature is captured with the help of thermal cameras, scopes, and modules.
Based on the information obtained from these devices, an electronic image is produced.