Press release
IP Multimedia Subsystem Market 2019 Global Leaders: LM Ericsson, IBM, Huawei Technologies, Cisco Systems, Bradford Networks, Ascom Holdings AG
Market Research Future published a research report on “IP Multimedia Subsystem Market Research Report- Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.Market Highlights
In this rapidly changing environment, companies are expanding their scale of operations by advancing the existing technologies. In the recent years IP Multimedia Subsystem is becoming worldwide. The rising popularity of Rich Communication Services (RCS) and Voice over LTE (VoLTE) has led to an increase in IP multimedia subsystems market.
The growing investments in 4G and explosive sale of smartphones have been the major factors increasing the LTE market which in result is boosting the IP Multimedia Subsystem Market. It has been observed that the demand to modernize the existing networks and the ability to offer converged services is driving the IP multimedia market. The study indicates that many companies are trying to evolve LTE and add new features to the present LTE market. Recently there has been news about Telefonica regarding LTE; they are working on private LTE technology based on mobile edge computing (MEC). Also LM Ericsson is been signing deals with many companies to implement, deploy and evolve LTE. All these factors are boosting the IP multimedia systems market.
The IP Multimedia Subsystem Market is growing rapidly over 18% of CAGR and is expected to reach at USD ~4 billion by the end of forecast period.
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IP Multimedia Subsystem Market Global Market - Segmentation
Segmentation by Functions: Call Session Control Function (CSCF), Home Subscriber Server (HSS), Signaling Gateway (SGW), Media Gateway Control Function (MGCF), and Media Resource Functions (MRF)
Segmentation by Access Network: Fixed Access, Mobile Access, and Wireless Access
Segmentation by Services: Web, Messaging, Voice, Video, VoLTE, Rich Communication Services (RCS), and Others
Segmentation by Applications: Mobile Phones, Personal Digital Assistants (PDAS), Desktops/Laptops, Digital Subscriber Line (DSL), and Cable Set-Top Box.
Segmentation by Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Key Players
The prominent players in the IP Multimedia Subsystem market are LM Ericsson (Sweden), Oracle (U.S.), Nokia Corporation (Finland), Alcatel-Lucent S.A. (France), IBM Corporation (U.S.), Huawei Technologies Co. Ltd. (China), Brocade Communications Systems, Inc. (U.S.), Cisco Systems, Inc. (U.S.), HP (U.S.), Bradford Networks, Inc. (U.S.), Ascom Holdings AG (Switzerland), Allot Communication (Israel), among others.
IP Multimedia Subsystem Market Global Market - Regional Analysis
Asia Pacific is expected to dominate the global IP Multimedia Subsystem market with the largest market share in the region. Countries such as India, China, Japan, and Taiwan are the leading countries in the region. This is attributed to increase in growing number of telecom service providers and surging demand high frequency bandwidth among SMB enterprises are expected to drive the demand for the IP multimedia subsystem. North America and European region is presumed to have a gradual growth of the market. Owing to enhanced technological advancement which made them early adopters of the IP Multimedia sub system.
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Intended Audience
Technology investors
Key market innovators
Venture capitalists
Private equity groups
Telecom service providers
Internet service providers
IMS providers
Research/Consultancy firms
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