Fixed Mobile Convergence Market Analysis

Fixed-Mobile Convergence Market Overview

The Fixed-Mobile Convergence Market is projected to grow from USD 4.20 billion in 2024 to USD 10.03 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 12.16%  during the forecast period (2024 - 2032). Additionally, the market size for Fixed-Mobile Convergence was valued at USD 3.93 billion in 2023.

Increased home users ,enterprises, IT & telecommunication, bfsi, automotive, healthcare, media & entertainment, and government are the key market drivers enhancing the market growth.

Figure 1: Fixed-Mobile Convergence Market Size, 2024 - 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Fixed-Mobile Convergence Market Trends

Fixed-Mobile Convergence (FMC) has become increasingly important in the telecommunications industry. Integrated operators, who have control over both fixed and mobile networks, are highly interested in exploring the benefits of FMC as a means to reduce costs and generate additional revenue streams. Adopting the IMS (IP Multimedia Subsystem) core control architecture, the converged network is anticipated to aid operators in minimizing operational expenses. The IMS-based FMC services allow operators to select networks and terminals, empowering them to meet their operational requirements efficiently and adapt to changing market demands. This factor drives the market CAGR.

Additionally, the emergence of the 5G network presents a significant opportunity for deploying Fixed-Mobile Convergence (FMC). Industry experts predict that FMC will greatly benefit from the advancements brought by 5G technology in the future. Telecom operators and standards groups are actively working towards developing a unified 5G converged core network. In February 2019, the Broadband Forum, a non-profit industry consortium focused on broadband network specifications, provided recommendations to the 3rd Generation Partnership Project (3GPP), the organization responsible for developing protocols for mobile telephony. The objective was to establish a converged network where services can be delivered over various access networks such as fixed-line, Wi-Fi, Bluetooth, and 3GPP-based access like 4G LTE or 5G New Radio.

Additionally, customers have growing expectations for integrated services, including Virtual Private Networks (VPN), voice mail, unified messaging, conferencing, and streaming media, available anytime and anywhere. This increasing demand for integrated services is a key driver for the growth of Fixed-Mobile Convergence solutions and services.FMC enables operators to leverage the resources and infrastructure of both fixed and wireless networks. FMC operators offer data, voice, and video services to enterprises, individual customers, equipment providers, core network providers, software providers, and delivery providers. Adopting FMC architecture helps reduce operational costs, a major factor fueling the demand for Fixed-Mobile Convergence. Thus, driving the Fixed-Mobile Convergence market revenue.

Fixed-Mobile Convergence Market Segment Insights

Fixed-Mobile Convergence Convergence Insights

Based on Convergence, the Fixed-Mobile Convergence market segmentation includes network convergence, device convergence, and application convergence. The network convergence segment dominated the market because network convergence enables seamless integration and communication between fixed and mobile networks, allowing users to access services and applications seamlessly across various devices and platforms. This integration eliminates the need for separate infrastructure, improving connectivity and creating a more convenient user experience. Moreover, network convergence enables service providers to optimize network resources and achieve cost-efficiency by consolidating and managing fixed and mobile networks as a unified system.

Fixed-Mobile Convergence Mode Insights

Based on Mode, the Fixed-Mobile Convergence market segmentation includes dual mode and single mode. The dual mode segment dominated the market;the dual-mode option allows users to seamlessly utilize both fixed and mobile networks, ensuring uninterrupted connectivity and communication. With Dual Mode, users can switch between networks based on location or preference, guaranteeing consistent access to services regardless of the available network type. Moreover, Dual Mode devices are designed to support multiple technologies, such as Wi-Fi and cellular networks, enabling users to simultaneously leverage both networks' advantages.

Figure 2: Fixed-Mobile Convergence Market, by Mode, 2022 & 2032 (USD billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Fixed-Mobile Component Insights

Based on components, the Fixed-Mobile Convergence market segmentation includes voice, video telephony, social networking, broadband internet, and broadband TV. The broadband internet segment dominated the market. The ever-growing need for high-speed internet access has resulted in the widespread adoption of broadband services. Broadband Internet offers users fast and reliable internet connectivity, enabling quicker downloads, uninterrupted streaming, and enhanced online experiences.

Fixed-Mobile End-User Insights

Based on end-user, the Fixed-Mobile Convergence market segmentation includes home users, enterprises, IT & Telecommunication, BFSI, automotive, healthcare, media & entertainment, and government. The IT & telecommunication segment dominated the market. The IT & Telecommunication sector heavily relies on effective and uninterrupted communication and connectivity solutions to support its operations. With the increasing demand for data transmission, network reliability, and real-time collaboration, enterprises in this sector actively seek fixed-mobile convergence solutions. These solutions integrate fixed-line and mobile services, enabling enterprises to streamline communication channels, enhance productivity, and optimize overall operational efficiency.

Fixed-Mobile Convergence Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The North American fixed-mobile convergence market area will dominate this market, owing to an increase in the Cisco Systems Inc., IBM Corporation, Comcast Corporation, and Qualcomm Technologies, Inc. are all headquartered in the US and substantially invest in developing this technology will boost the market growth in this Region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3 : FIXED-MOBILE CONVERGENCE MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe's Fixed-Mobile Convergence market accounts for the second-largest market share due to the increase in adopting fixed-mobile Convergence to reduce operational costs, one of the key factors driving the market growth. Further, the German Fixed-Mobile Convergence market held the largest market share, and the UK Fixed-Mobile Convergence market was the fastest-growing market in the European Region.

The Asia-Pacific Fixed-Mobile Convergence Market is expected to grow at the fastest CAGR from 2024 to 2032. This is because enterprises are increasingly deploying convergent services to minimize complexity and obtain better value, with the FMC industry growing rapidly regarding commercial solutions. Moreover, China’s Fixed-Mobile Convergence market held the largest market share, and the Indian Fixed-Mobile Convergence market was the fastest-growing market in the Asia-Pacific region.

Fixed-Mobile Convergence Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Fixed-Mobile Convergence market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Fixed-Mobile Convergence industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Fixed-Mobile Convergence industry to benefit clients and increase the market sector. The Fixed-Mobile Convergence industry has offered some of the most significant advantages in recent years. Major players in the Fixed-Mobile Convergence market, including Cisco (US), Ericsson AB (Sweden), Nokia (Finland), Huawei Technologies Co., Ltd (China), and ZTE Corporation (China)., and others, are attempting to increase market demand by investing in research and development operations.

Türk Telekom is a state-owned Turkish telecommunications company. Türk Telekom was separated from Turkish Post in 1995. Türk Telekom Group provides integrated telecommunication services for PSTN, GSM, and wide-band Internet.Turk Telekom and Ericsson partnered to deploy Ericsson Dynamic Activation (EDA), a provisioning platform for the quick and automated activation of telecommunications services in mixed network environments.

Deutsche Telekom AG, a leading telecommunications company based in Bonn, Germany, is the largest provider of telecommunications services in Europe in terms of revenue. The company was established in 1995 as part of the privatization of Deutsche Bundespost. Recently, Deutsche Telekom introduced Multipath for Fixed Mobile Convergence on Campus. This innovative solution allows for the simultaneous connection of devices to Wi-Fi and a 5G Standalone (SA) network, providing enhanced capabilities and improved performance. Deutsche Telekom has successfully launched and evaluated the functionality of Multipath by utilizing it to power an Automated Guided Vehicle (AGV), enabling the AGV to connect seamlessly to both Wi-Fi and the 5G SA network.

Key Companies In The Fixed-Mobile Convergence Market Include

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  Cisco (US)

  
  


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  Ericsson AB (Sweden)

  
  


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  Nokia (Finland)

  
  


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  Huawei Technologies Co.Ltd (China)

  
  


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  ZTE Corporation (China)

  
  


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  Brunswick Corporation

  
  

Fixed-Mobile Convergence Industry Developments

June 2021: Turk Telekom and Ericsson partnered to deploy Ericsson Dynamic Activation (EDA), a provisioning platform for quickly and automating telecommunications services in mixed network environments.

May 2021: Deutsche Telekom introduced Multipath for Fixed Mobile Convergence on Campus, a solution enabling devices to connect to Wi-Fi and a 5G Standalone (SA) network simultaneously.

The company launched and assessed the capabilities of Multipath by utilizing it to empower an Automated Guided Vehicle (AGV). This advancement allows the AGV to maintain a seamless connection and access the benefits of Wi-Fi and the 5G SA network simultaneously.

Fixed-Mobile Convergence Market Segmentation

Fixed-Mobile Convergence Convergence Outlook

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  Network Convergence

  
  


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  Device Convergence

  
  


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  Application Convergence

  
  

Fixed-Mobile Convergence Mode Outlook

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  Dual Mode

  
  


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  Single Mode

  
  

Fixed-Mobile Convergence Component Outlook

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  Voice

  
  


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  Videotelephony

  
  


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  Social Networking

  
  


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  Broadband Internet

  
  


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  Broadband TV

  
  

Fixed-Mobile Convergence End-User Outlook

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  Home Users

  
  


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  Enterprises

  
  


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  IT & Telecommunication

  
  


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  BFSI

  
  


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  Automotive

  
  


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  Healthcare

  
  


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  Media & Entertainment

  
  


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  Government

  
  

Fixed-Mobile Convergence Regional Outlook