The Fixed mobile Convergence Market is expected to register a CAGR of 14.5% during the forecast period. As per the MRFR analysis, there are various variables that are boosting the fixed mobile convergence market share. Some of these include the establishment of rules regarding driver and passenger safety in the auto industry, demand for vehicles, enterprises' future search for cost-effective, quick, and smarter cloud telecommunication tools that will ensure proper synchronisation in every communication channel, the upgrading of wireless and fixed networks around the globe, and the need to curb operational costs.

Fixed mobile convergence services are predicted to develop, in response to the introduction of 5G technology. One of 5G's biggest promises is that it will bring the long-awaited vision of fixed-mobile convergence to reality. The sophisticated fixed-mobile integrations are made simple and convenient by 5G's Centralized Radio Network (C-RAN) design, which is based on the IP Multimedia Subsystem (IMS). Faster bandwidth, lower latency, and an almost infinite number of business use cases are all promised by 5G technology.

• Service providers and equipment manufacturers can connect fixed and mobile networking at the network's edge, which simplifies the user experience and encourages new services.
• The broadband ecosystem's new key projects linked home, virtualization/cloud, and ultrafast access are effectively integrated.

The US has been at the forefront of global telecom and internet penetration. Internet data traffic continues to rise, with the US, leading the way globally. With roughly 283 million unique mobile customers, the US is the world's third-largest mobile communications market after China and India.

In February 2019, Squire Technologies' virtualised Session and Media controllers were chosen by Cyprus-based quad-play operator Cablenet, to consolidate its Fixed and Mobile voice network.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Regions Covered- Globally
• Competitive Landscape:Aruba Networks (Hewlett Packard Enterprise), Cisco Systems, Inc.,Fujitsu Ltd, Huawei Technologies Co., Ltd., Mitel Networks Corporation, Orange SA, Telefonaktiebolaget LM Ericsson, The Proximus Group, Qualcomm, ZTE Corporation, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Fixed mobile Convergence Market Based on Component,

o Service

o Infrastructure

Fixed mobile Convergence Market Based on mode type

o Single Mode

o Dual Mode

Fixed mobile Convergence Market Based on End User

o Enterprises

o Home users

Fixed mobile Convergence Market By Region