Voice Over LTE (VoLTE) Market 2020 - Market Size, Share, Trends, Analysis and Growth Forecast | AT&T Inc., Huawei Technologies Co. Ltd., Ericsson

Among the different VoLTE technologies, Circuit-Switched Fall Back (CSFB) constitutes the highest market share owing to its wide acceptance globally, as the end-goal solution for offering voice services over LTE. Although, the technology requires specific modifications in the hardware infrastructure and utilizes multiple data transition elements, it remains the utmost cost-effective solution for voice provision in LTE. On the other hand, voice Over LTE Via Generic Access Network (VOLGA) is likely to be the fastest growing technology, as for all the operators grappling with approaches for VoLTE, VOLGA offers short-term service acceleration as well as long-term investment protection, which are designed to deliver profitable telephony services.

The technology empowers network operators to provide rich video, messaging, and voice services. It also enables the operators to use data network for transmitting voice services in small sized packets and increase spectrum efficiency, thereby reducing maintenance as well as operational costs. The technology also allows the operators to utilize their IMS infrastructure, optimize the spectrum efficiency, thereby adding value to the existing voice plans. The technology allows operators to offer new set of standards based on services such as Rich Communication Services (RCS). RCS includes video, voice mail, real time language translation, instant messaging, and video calling. The rich communication services reduce the time to connect VoLTE calls and also improve battery life over other VoIP applications.

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VoLTE deployments are growing at an exponential rate worldwide, with developed countries taking the lead. In 2015, Asia-Pacific generated the highest revenue, followed by North America. Even from a growth perspective, Asia-Pacific would be one of the most lucrative markets, on account of the increasing investments in the technology by the mobile operators, to capture the large subscriber base in developed as well as emerging countries in the region.

Voice over Long Term Evolution (VoLTE) market is likely to generate revenue of $34.8 billion by 2022, growing at a CAGR of 50.1% from 2016 to 2022. Asia-Pacific is expected to be the largest VoLTE market during the forecast period on account of the early roll out of VoLTE and VoLTE enabled devices by the operators in the developed countries in the region. Mobile operators around the world are progressively heading towards VoLTE owing to the increasing investments in Long Term Evolution (LTE) and IP Multimedia Subsystem (IMS).

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VoLTE market comprises dominant players such as AT&T Inc., Huawei Technologies Co. Ltd., Ericsson, and others. These market players primarily focus on the development of new technology, launch of novel products with innovative variations, and partnerships & collaborations to strengthen their market position.

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CHAPTER 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1 CXO perspective

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