Global Fixed Telephony Services Market, By Service Type (Basic Communication, Value-Added), Medium (Wire, Fiber Optic Cable), Network (Public Switched Telephone Networks (PSTNs), Voice over Internet Protocol (VoIP)), Application (Conferencing, Multi-level IVR, Sales and Marketing, Customer Relationship Management (CRM)), End User (Telecom and IT, BFSI, Government, Healthcare, Media and Entertainment, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Fixed telephony services market is expected to grow at a compound annual growth rate of 5.20% over the forecast period of 2020 to 2027. Data Bridge Market Research report on fixed telephony services market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The market for the fixed telephony services will be growing at a rapid rate in the forecast period of 2020 to 2027 owing to the rapidly increasing number of mobile subscribers. The soaring demand for high-speed data connectivity along with the upward demand for value-added managed services are also enhancing the growth of the fixed telephony services market. Along with these uses fixed telephony services are also used in providing voice services through physical media such as wire or fiber optic cable instead of wireless transmission, increasing permeation of mobile devices and various companies are shifting towards a multi-function system by adding services such as internet broadband and television satellite connection in their offering are also acting as key drivers that would trigger growth of the fixed telephony services market. Also the fixed telephone service providers are aiming at offering additional services to their consumers rather than limiting their service offerings to fixed line and DSL internet services which will also be a market driving factor. Also, the slump in oil and gas prices and the rise in decommissioning of thermal power generation plants are significantly affecting the solenoid valves market. Moreover, the increasing demand for wastewater treatment Industries along with the increasing adoption of solenoid valves in a wide range of process industries are nurturing ample opportunities for the growth of the fixed telephony services market in the above mentioned forecast period.
Major challenges of the fixed telephony services market are high risk related to data loss over internet and privacy related concerns. The interoperability and data breach are expected to impede the fixed telephony services market growth during the forecast period.
This fixed telephony services market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on fixed telephony services market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Fixed Telephony Services Market Scope and Market Size
Fixed telephony services market is segmented on the basis of service type, medium, technology, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of service type, the fixed telephony services market has been segmented into basic communication and value-added.
- Based on medium, the fixed telephony services market has been segmented into wire and fiber optic cable.
- Fixed telephony services market on the basis of technology has been segmented as Public switched telephone networks (PSTNS) and voice over internet protocol (VoIP).
- On the basis of application, the fixed telephony services market has been segmented into conferencing, multi-level IVR, sales and marketing and customer relationship management (CRM).
- The end user segment is segmented into telecom and IT, BFSI, government, healthcare, media and entertainment and others.
Global Fixed Telephony Services Market Country Level Analysis
Fixed telephony services market is analyzed and market size, volume information is provided by country, service type, medium, technology, application and end user as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the fixed telephony services market due to the increasing strong presence of key players in emerging countries along with the high demand for enhanced communication service in the region.
Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2020 to 2027 due to the increasing adoption of telephony service in emerging countries such as India and China in this particular region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fixed Telephony Services Market Share Analysis
Fixed telephony services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fixed telephony services market.
The major players covered in the fixed telephony services market report are Comcast, Verizon, Liberty Global, AT&T Intellectual Property, BT Group, CenturyLink, Vodafone, Softbank Group, Telefonica, Q4 Inc., and China Telecom Global Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Fixed Telephony Services Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.