Voice over LTE Market | Size, Status, Top Emerging Trends, Growth and Business Opportunities 2027-Alcatel-Lucent, AT&T, Ericsson, Huawei Technologies, KT Corporation, Lg Uplus

The Voice over LTE Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. As per our analysis, this industry will recover post-COVID, and this market will flourish during the forecast period.

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“Voice over LTE Market was valued at USD 3.7 billion in 2020 and expected to reach USD 133.57 billion by 2026 and grow at a CAGR of 56.57% over the forecast period (2021-2026).”

Top leading Companies Profiled in Voice over LTE Market Report are 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

News and Latest Developments

May 2020 - Globe Telecom of the Philippines announced to launch its Voice Over LTE (VoLTE) service along with Voice Over WiFi (VoWiFi) that aims to improve voice call experience for its customers. These services will initially be available in NCR and to selected customers this year. With the VoLTE technology in place, Globe customers, instead of relying on the older 3G to handle their calls, can now enjoy the advantage of a 4G LTE network. Calls made over VoLTE are clearer because of high-definition voice quality, especially if both parties are on VoLTE.

May 2020 - Fibocom announced the launch of the world’s first LTE Cat 1 wireless module integrated with blockchain technology. Based on UNISOC 8910DM LTE Cat 1 bis chipset and Aitos’s BoAT (Blockchain of AI Things) framework, Fibocom L610 LTE Cat 1 cellular module innovatively combines IoT and blockchain, which is essentially valuable to the IoT industry in terms of scalability and security concerns.

Market Overview

Voice over Long-Term Evolution (VoLTE) is a standard for high-speed wireless communication for mobile phones and data terminals - including IoT devices and wearables. It is based on the IP Multimedia Subsystem (IMS) network, with specific profiles for control and media planes of voice service on LTE defined by GSMA in PRD IR.92

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

Market Research Study Focus on these Types:

Market Research Study Focus on these Applications:

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

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Key Takeaways from Voice over LTE Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Voice over LTE market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Voice over LTE market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Voice over LTE

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In conclusion, the Voice over LTE market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Voice over LTE Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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