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VoLTE (Voice over LTE) Market Expected to Witness a Significant Growth of $280 Billion Globally by 2021, at CAGR of 30%

07-05-2018 05:54 AM CET | IT, New Media & Software

Press release from: Market Prognosis

VoLTE (Voice over LTE) Market

VoLTE (Voice over LTE) Market

Marketprognosis.com Publish a New Market Research Report On “The VoLTE (Voice over LTE) Ecosystem 2018 - 2030 - Opportunities, Challenges, Strategies & Forecasts” which contains global key player’s survey information and forecast to 2030.

VoLTE (Voice over LTE) Market Overview:

VoLTE (Voice over LTE) technology allows a voice call to be placed over an LTE network, enabling mobile operators to reduce reliance on legacy circuit-switched networks. Powered by IMS (IP Multimedia Subsystem) architecture, VoLTE brings a host of benefits to operators ranging from the ability to refarm legacy 2G and 3G spectrum to offering their subscribers a differentiated service experience through capabilities such as HD voice and video telephony.

The market research analyst estimates that VoLTE service revenue will grow at a CAGR of approximately 30% between 2018 and 2021. By the end of 2021, VoLTE subscriptions will account for more than $280 Billion in annual service revenue. Although traditional voice services will constitute a major proportion of this figure, more than 16% of the revenue will be driven by voice based IoT applications, video calling and supplementary services.

Get a Sample Copy of this Report @ https://www.marketprognosis.com/sample-request/11417 .

First deployed by South Korean operators in 2012, VoLTE is continuing to gain momentum globally. As of 2018, more than 140 mobile operators have commercially launched VoLTE services, and several roaming and interoperability agreements are already in place.

The report covers the following topics:

1 VoLTE ecosystem

2 Market drivers and barriers

3 VoLTE infrastructure, devices, roaming and interconnection technology

4 Case studies of over 20 commercial VoLTE deployments

5 OTT mobile voice and video services

6 Complimentary technologies including Wi-Fi calling, RCS and WebRTC

7 Vertical market opportunities including voice based IoT applications and MCPTT (Mission Critical Push-to-Talk) voice services

8 VoLTE services over MVNO networks

9 Service assurance platforms for VoLTE

10 Regulatory landscape, collaborative initiatives and standardization

11 Industry roadmap and value chain

12 Profiles and strategies of more than 100 leading ecosystem players including device OEMs, VoLTE solution providers and mobile operators

13 Strategic recommendations for VoLTE solution providers and mobile operators

14 Market analysis and forecasts from 2018 till 2030

Purchase this report online with 279 Pages, Top Key Players Analysis and List of Tables & Figure @ https://www.marketprognosis.com/buyReport/11417 .

Forecast Segmentation:

VoLTE subscription, service revenue, device and infrastructure revenue forecasts are provided for each of the following submarkets and their subcategories:

VoLTE-Capable Devices:

1 Handsets

2 Smartwatches & Wearables

3 Tablets, CPEs & Other Devices

4 IoT Modules

VoLTE Subscriptions & Services:

1 Voice Telephony

2 Video & Supplementary Services

3 Voice Based IoT Applications

VoLTE Infrastructure:

1 CSCF (Call Session Control Function) Servers

2 SBCs (Session Border Controllers)

3 VoLTE Application Servers

4 Other IMS Elements (HSS, BGCF, MGCF & MRF)

5 VoLTE-Capable Policy Control Solutions

Grab Your Report at an Impressive Discount @ https://www.marketprognosis.com/discount-request/11417 .

Key Findings:

1 By 2021, the top market analyst’s estimates that VoLTE subscriptions will account for over $280 Billion in annual service revenue, as mobile operators remain committed to VoLTE as the long term solution to secure a fully native IP-based telephony experience.

2 Besides smartphones, VoLTE technology is increasingly being integrated into other devices including feature phones, IoT modules and wearables such as smart watches.

3 In certain technically advanced markets, mobile operators have already begun the process of switching off their legacy circuit switched 2G and 3G networks, as voice traffic transitions to VoLTE networks.

4 Nearly all VoLTE operators are integrating their VoLTE services with Wi-Fi calling in a bid to offer voice services in areas where their licensed spectrum coverage is limited.

5 The VoLTE infrastructure vendor arena is continuing to consolidate with several prominent M&A deals such as the merger of Sonus Networks and GENBAND to form Ribbon Communications, Cisco's acquisition of BroadSoft, and Metaswitch Networks' acquisition of OpenCloud to offer a pure-play software VoLTE solution.

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.
Thane – 421501
India.

sales@marketprognosis.com
+1 973 241 5193
https://www.marketprognosis.com

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