Voice-over-5G (Vo5G) Market 2022 Analysis by Global Players and Trends- Huawei Technologies Co. Ltd., MACOM Technology Solutions Inc, Fujitsu Limited, NEC Corporation

The report considers the present scenario of the Voice-over-5G (Vo5G) Market and its dynamics for the forecast period 2022-2026. Voice-over-5G (Vo5G) Market covers a detailed overview of several growth enablers, restraints, and trends in the market. The research report highlights the market’s current and potential key opportunities along with crucial insights.      

The Voice-over-5G (Vo5G) Market was valued at USD 2.15 billion in 2020, and it is expected to reach USD 145.99 billion by 2026, registering a CAGR of 98.9% during the forecast period (2021-2026). 

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The Voice-over-5G (Vo5G) market is highly competitive and consists of a number of major players. Companies like Huawei Technologies Co. Ltd., MACOM Technology Solutions Inc., Deutsche Telekom AG, AT&T Inc., Telefonaktiebolaget LM Ericsson, SK Telecom Co. Ltd., Nokia Corporation, Marvell Technology Group Ltd., Fujitsu Limited, NEC Corporation Amongst Others.

Key Developments:

- In April 2019, a Spanish carrier, Orange Spain, and ZTE completed their voice and data call over a standalone 5G network in Europe with 5G New R In April 2019, a Spanish carrier, Orange Spain, and ZTE completed their voice and data call over a standalone 5G network in Europe, with 5G New Radio base station, 5G core network, and test devices. They achieved speeds of 876 Mbps for a single-user handset and 3.2 Gbps for 12 handsets, simultaneously. Furthermore, in May 2019, Huawei completed its VoNR call, which was made using Huawei Mate 20X 5G phones, representing a 5G standalone (SA) network.
- In December 2019, Ericsson realized the viability of standalone 5G, following its successful VoNR interoperability test along with MediaTek. The test used solutions from Ericsson and MediaTeks commercial Dimensity 1000 chipset, deployed over a 3.5 GHz TDD band. Whereas, operators, like Verizon, stated their plans to gradually shift to standalone (SA NR) mode, where 4G core infrastructure reliance is absent, by 2020.

Market Overview:

Voice over 5G or Vo5G refers to the voice services accessed through the fifth generation of mobile technologies. Although data services drive 5G evolution, voice/video communication-based solutions still account for a sizable portion of telecom operators services. Apart from supporting the Internet of Things (IoT), cloud, and AR/VR services, the rising adoption of 5G network is also expected to redefine the voice services architecture for telecom service providers and their customers.

Market Segmentation:

Segment by Type
Cloud-Based
On Premise
Segment by Application
IT & Telecommunication
BFSI
Transportation
Digital Commerce
Media & Entertainment
Others

Key Market Trends:

5G Commercialization is Driving the Market Studied
- In 2019, Nokia made the worlds first commercially deployed, live, cloud-based 5G radio access network in North America.
- In August 2017, Huawei signed a memorandum of understanding (MOU) with Festo, to jointly explore the 5G network application in the manufacturing industry and to promote the digital transformation of the manufacturing industry with the 5G network slicing technology. This MoU was mainly based on 5G cloud robotics to test the Robot-as-a-Service (RaaS) concept, which is also a part of offering voice-based services in smart factories.
- In August 2019, Samsung Electronics and SK Telecom demonstrated the use of 5G technology for enhancing live motor racing experiences, with the help of Samsungs end-to-end 5G mmWave solutions, including 5G New Radio (NR) base stations. The same equipment has been in commercial operation in the United States since the first half of 2019. The companies used the live video streaming capability to broadcast multiple views of the race in real-time over T Live Caster 5G, SK Telecoms live broadcasting solution.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools:  Voice-over-5G (Vo5G) Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Finally, Voice-over-5G (Vo5G) Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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