Voice over LTE Market 2021 SWOT Study, PESTEL Analysis and Forecast by 2027 - Impact of Corona Virus Outbreak

Global Voice over LTE Market research provides an in-depth analysis of the market for the coming years. The research includes numerous sections as well as an examination of market trends and development drivers that are critical to the industry's success. The drivers, constraints, and opportunities are all included in this list.

The Voice over LTE Market is expected to register a CAGR of 64.43% over the forecast period 2021 – 2027

The Market Intelligence Data in the Global Voice over LTE Market Report ranges from 2021 to 2027. The study provides an overview of the industry, including major drivers and risk factors. The study is divided into sections by leading worldwide manufacturers, with sales, revenue, and prices included where appropriate. It also assesses the competitive landscape of the major companies.

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Top Key Players: Alcatel-Lucent, AT&T, Ericsson, Huawei Technologies, KT Corporation, Lg Uplus, Metropcs, Nokia Solutions And Networks, Sk Telecom, Verizon Wireless.

Segment by Type:

Frequency Division Duplexing (FDD)

Time Division Duplexing (TDD)

Segment by Application:

Network Operators

Telecom Operator
Regional Analysis:

LTE and VoLTE market is segmented by geography into four different regions; namely Americas, Europe, APAC, and the Rest of world.

Voice over LTE Market is perceived as a long term strategic solution for LTE, which makes use of IMS call control as defined by 3GPP TS 23.228 for LTE voice services delivery. IMS offers legacy voice services such as call originating or terminating, calling line identification, and supplementary services; as well as value added, advanced multimedia services such as video sharing. Voice over LTE is becoming a popular technology as it provides win-win situation for both the entities; that is, the mobile network operators and the subscribers.LTE offers twice the spectral efficiency of 3G/HSPA and more than six times efficiency as that of the GSM technology; this allows allocating more bandwidth for more data services. Reuse of existing 2G and 3G spectrum reduces the need for new spectrum.Optimization of network and simplification of service delivery help to reduce costs.

Operators are able to deliver new set of standards-based services referred to as rich communication services, which include services such as video calling, file transferring, real time language translation, video voice mail, and instant messaging. It reduces time to connect voice over LTE call and it also has improved battery life over other VoIP applications; these parameters help to gain a competitive position in the market against OTT providers.

This report describes the market trends, drivers, restraints, opportunities, and challenges for the voice over LTE market; and forecasts the LTE and voice over LTEmarket from 2014 to 2020 on the basis of the technology, end-user devices, and geography. This report covers geographies such as Americas, Europe, APAC, and ROW (Rest of the World).

In the long term evolution subscriptions market, FDD LTE subscriptions held the largest share; while in voice over LTE market,the CSFB technology accounted for the largest share, followed by VoIMS, in 2013;the situation is expected to reverse by 2020.Americas is the leader in the LTE market whilethe APAC region is the leader in the voice over LTE market.

The major companies involved in the LTE and voice over LTE market are Huawei Technologies Co. Ltd.(China), Nokia Solutions and Networks (Finland), Ericsson (Sweden), Alcatel-Lucent (France),LG Uplus (South Korea), SK Telecom (South Korea), Metro PCS (U.S.), AT&T Inc. (U.S.), KT Corp. (South Korea), and Verizon Wireless (U.S.).

Table of content:

Report Overview
Market Trends and Competitive Landscape
Segmentation of Voice over LTE Market by Types
Segmentation of Voice over LTE Market by End-Users
Market Analysis by Major Regions
Product Commodity of Voice over LTE Market in Major Countries
North America Voice over LTE Landscape Analysis
Europe Voice over LTE Landscape Analysis
Asia Pacific Voice over LTE Landscape Analysis
Latin America, Middle East & Africa Voice over LTE Landscape Analysis
Major Players Profile

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Reasons to Purchase this report:

The industry analysis report offers actionable insights into the global Voice over LTE industry and examines the major growth propellers, limitations, opportunities, and challenges existing in the market.

The research looked at current and past market circumstances in-depth to assist readers forecast market conditions for the next five years.

The research presents a comprehensive overview of the main businesses in the Voice over LTE industry, as well as their long-term commercial growth strategies.

In-depth scrutiny of the Voice over LTE business landscape with accurate market projections for the forecast period.

Impact of COVID-19 on the Voice over LTE Market

The global pandemic COVID-19 has had a direct or indirect impact on the Voice over LTE market. This research contains a distinct part that explains the pandemic's aftereffects in great detail. The comprehensive analysis examines the likely effects of the global financial crisis on Voice over LTE.

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This release was published on openPR.