How big is the Media Gateway Market?

The Media Gateway Market size is expected to reach USD 2.84 billion in 2024 and grow at a CAGR of 4.46% to reach USD 3.53 billion by 2029. Read More

What is the current Media Gateway Market size?

In 2024, the Media Gateway Market size is expected to reach USD 2.84 billion. Read More

Who are the key players in Media Gateway Market?

Nokia Corporation, AudioCodes Ltd., Ribbon Communications Operating Company, Inc., Avaya Inc. and Telefonaktiebolaget LM Ericsson are the major companies operating in the Media Gateway Market. Read More

Which is the fastest growing region in Media Gateway Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Media Gateway Market?

In 2024, the North America accounts for the largest market share in Media Gateway Market. Read More

What years does this Media Gateway Market cover, and what was the market size in 2023?

In 2023, the Media Gateway Market size was estimated at USD 2.71 billion. The report covers the Media Gateway Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Media Gateway Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Media Gateway Market Share

Statistics for the 2023 & 2024 Media Gateway market share, created by Mordor Intelligence™ Industry Reports. Media Gateway share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Media Gateway Industry

The media gateway market is competitive and consists of some prominent members. Regarding market share, some of those big players currently dominate the market. These market leaders with significant market shares are concentrating on growing their consumer base internationally. These firms have supported several initiatives to expand and develop in the media gateway market, including product launches and developments, partnerships, acquisitions, and collaborations.

March 2023 - Avaya announced to launch of the Avaya Experience Platform (AXP) in Australia and New Zealand (A/NZ) to deliver flexible and productive hybrid work for employees and create seamless experiences for customers, where AXP is an AI-powered, contact center-as-a-service (CCaaS) collaboration platform and a vital component of the Avaya Experience Platform, which offers comprehensive workstream collaboration and unified communications technologies.
March 2023 - Nokia Corporation announced it would enhance NTT DOCOMO, INC.'s. As it introduces new 5G mobile services, it will also enable a nationwide IP core backbone and transport network slicing.DOCOMO used Nokia's revolutionary FP routing silicon in its 7750 SR-14s core routers. With a 75 percent reduction in power consumption over earlier generations, FP5 line cards enable 800GE capability, boost capacity by more than three times, and streamline network evolution with simultaneous line rate FP5 and FP4 line card operation in the same system.