The Western Europe Fixed VoIP Service market is to grow at a CAGR of 6.92 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing penetration of fixed broadband services. The Fixed VoIP Service market in Western Europe has also been witnessing a reduction in the price of fixed VoIP equipment. However, the increased security concerns when making VoIP calls could pose a challenge to the growth of this market.
The major trend witnessed by the Global Fixed Network Equipment market is the increased competition among network operators. There is an immense growth in data traffic across all geographies. There is an increased demand for secure networks which can efficiently manage the growing data traffic. Hence, the network operators are increasingly investing in networks with advanced functionalities to have differentiating factors in their offering which can give them an edge over their competitors.
The main factor that is driving the Global Fixed Network Equipment market is the immense increase in network traffic. The data traffic is increasing at a rapid rate across all geographies. This could lead to a data lag or a decrease in network speed. Hence, there is an increasing need for faster access to data to increase productivity.
The major challenge faced by the Global Fixed Network Equipment market is the increased complexity of network architecture. Network solutions are highly complex due to the integration of more features which are being added to meet the varying needs of organizations. There is an increased demand for comprehensive network solutions, putting pressure on network equipment vendors to provide them.
For more information on the Western Europe fixed VoIP service market, please click here: Western Europe fixed VoIP service market
Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.