IP Packet Exchange market is one of the significantly increasing markets as many of the world’s largest carriers and several major roaming service providers have now launched IP packet exchange propositions. IP packet exchange networks are interconnected, private, secure, managed IP networks capable of providing guaranteed quality of service within and across interconnected networks by class of service or application. IP packet exchange networks are additionally intended to be able to deliver services end-to-end with a limited number of network hops to assure quality of service.
IP Packet Exchange Market is a broad market and has many services to offer, some of these services of IP packet exchange would include adopting a range of business models and payments models, to enable the delivery of voice, data or other content between networks, to be able to deliver many services across a single connection, services such as high definition voice, video calling, LTE voice and data roaming and LTE signaling.
IP Packet Exchange Market: Drivers and Challenges, Segmentation, Overview, Region wise overview, Key Players
The major factor driving the adoption of IP Packet Exchange market is the general migration from circuit-switched services to IP. Enterprises are adopting IP Packet Exchange to drive out cost by combining multiple services over a single connection. Moreover the opportunity in IP packet exchange market to introduce new revenue-generating services is also a driving factor and with this the associated opportunity in IP packet exchange market to increase quality and different classes of services is what an individual enterprise will decide to explore.
The key challenge for IP Packet Exchange market is the lack of infrastructure like LTE and other. The other challenges for IP packet exchange market would include lack of critical mass, operator organizational barriers, uncertainty about the ability of IPX to fix interoperability problems, regulatory challenges and others.
IP packet exchange market is divided in hardware, software and service on the basis of types which shows the appearance of this market in all the there domains. Hardware, Software, Service
On the basis of types of services the IP packet exchange market is segmented in VAS, Reporting and Analytics and existing service. These types of services are dominant in IP packet exchange market as these are the trending subjects of services. Value Added Services,Reporting and Analytics (VoLTE),Existing Services (2G,3G), Network
In April 2014, Syniverse, a mobility solution provider acquired Aicent, a communication related solution provider. By this acquisition Syniverse gain assets that will boost mobile user experience, including Aicent’s cloud-based analytic tools that monitor end-to-end customer experience.
In IP Packet Exchange market there are many vendors some of them are Aicent, Belgacom International Carrier Services (BICS), BT, CITIC International Telecom, Colt, Comfone, iBasis and others.
Presently, Asia pacific, North America and Europe are holding the largest market share for IP Packet Exchange market due to various services it provide in both service and hardware domain. The use of IP Packet Exchange by customers and the adoption of IP Packet Exchange technology by enterprise drives the markets in these regions.
In Asia pacific, North America region, the market for IP Packet Exchange is witnessing high growth rate due to the increasing demand for upcoming technologies like VoLTE.
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