Press release
Riding the Wave: IP Multimedia Subsystem Market Pegged at $7.67 Billion by 2029 with 16.5% CAGR
IP Multimedia Subsystem Market Size
_x000D_
What Is The Projected Market Size Of The Global IP Multimedia Subsystem Market And Its Growth Rate?_x000D_
• The IP multimedia subsystem market size has grown rapidly in recent years, with its value propelled from $3.69 billion in 2024 to an estimated $4.16 billion in 2025 with a compound annual growth rate (CAGR) of 12.8%. _x000D_
• Growth factors during this historic period include the rise in OTT services, industry collaboration and standards, VoLTE implementation, telecom industry convergence, and rapid growth in mobile data traffic. _x000D_
• The market is expected to see further acceleration in the coming years, reacing $7.67 billion in 2029 at a compound annual growth rate (CAGR) of 16.5%. _x000D_
• The forecast period growth can be attributed to increasing demand for rich communication services (RCS), internet of things (IoT) expansion, cloud-based IMS solutions, virtualization and NFV integration, demand for enhanced multimedia services, and government initiatives and policies._x000D_
_x000D_
What Is Driving The Growth In The IP Multimedia Subsystem Market?_x000D_
The uptick in usage of multimedia applications forms a solid bedrock for the growth trajectory of the IP multimedia subsystems market. Multimedia has become a paramount tool in communications, effectively transmitting ideas and thoughts. Its applications in interactive, visually engaging, and three-dimensional environments have increased due to its versatility. The IP multimedia subsystem enables apt communication services across varied multimedia applications. For instance, September 2024 saw a significant rise in social media users in Europe from 7.29% in August 2024 to 8.54%, according to StatCounter. Consequently, this growth in multimedia application usage is driving the expansion of the IP multimedia subsystems market._x000D_
_x000D_
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=8372&type=smp_x000D_
_x000D_
Who Are the Key Players Driving IP Multimedia Subsystem Market Growth?_x000D_
• Huawei Technologies Co. Ltd._x000D_
• Cisco System Inc._x000D_
• Telefonaktiebolaget LM Ericsson_x000D_
• NEC Corporation_x000D_
• Nokia Corporation_x000D_
• Samsung Electronics Co. Ltd._x000D_
• ZTE Corporation_x000D_
• CommVerge Solutions Limited_x000D_
• International Business Machines Corporation_x000D_
• Ribbon Communications Inc._x000D_
• Oracle Corporation_x000D_
• Alcatel-Lucent S.A._x000D_
• BroadSoft Inc._x000D_
• Dialogic Corporation_x000D_
• Genband Inc._x000D_
• Italtel SpA_x000D_
• Mavenir Systems Inc._x000D_
• Metaswitch Networks Ltd._x000D_
• Radisys Corporation_x000D_
• Sonus Networks Inc._x000D_
• Technicolor SA_x000D_
• Telefónica SA_x000D_
• Telenity Inc. _x000D_
• Tekelec Inc._x000D_
• Acme Packet Inc._x000D_
• Amdocs Inc._x000D_
• Avaya Inc._x000D_
• Comverse Inc._x000D_
• Juniper Networks Inc._x000D_
_x000D_
What Are The Key Trends In The IP Multimedia Subsystem Market?_x000D_
• Market competition and innovation_x000D_
• Enterprise adoption for unified communications_x000D_
• Mobile network operators' strategy_x000D_
• Service providers' focus on customer experience_x000D_
_x000D_
What Are The Segments Of The Global IP Multimedia Subsystem Market?_x000D_
• By Component: Product, Services_x000D_
• By Operators: Mobile Operators, Fixed operators_x000D_
• By Application: Internet And Web Service, VoIP, SMS, Video Conferencing, Video On Demand, Other Application_x000D_
• By End User: Consumer, Enterprise_x000D_
_x000D_
Which Region Leads The IP Multimedia Subsystem Market?_x000D_
In 2024, North America held the largest market share in the IP multimedia subsystem market. However, Asia-Pacific is anticipated to be the fastest-growing region in the forecast period. The report covers insights from Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa._x000D_
_x000D_
Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/ip-multimedia-subsystem-global-market-report_x000D_
_x000D_
What Is Covered In The IP Multimedia Subsystem Market Global Market Report?_x000D_
This report delves into the IP Multimedia Subsystem Market analyzing its size, key players, growth trends, contribution of various segments to overall growth, key factors pushing market growth, Industry Challenges, Competitve Developments and identifying various subsegments for effective categorization._x000D_
_x000D_
Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=8372&type=smp_x000D_
_x000D_
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Riding the Wave: IP Multimedia Subsystem Market Pegged at $7.67 Billion by 2029 with 16.5% CAGR here
News-ID: 3824488 • Views: …
More Releases from The Business Research Company
Handguns Market Overview, Emerging Developments, and Key Player Analysis
An Overview of the Expanding Handguns Market
The global handguns market is set to experience significant growth in the coming years, driven by innovations and increasing demand across various user groups. This report offers insights into the market size, key drivers, prominent players, emerging trends, and segmentation, providing a comprehensive understanding of the industry's current landscape and future prospects.
Download a free sample of the handguns market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=25341&type=smp
Projected Growth and Market Size…
Leading Companies Fueling Growth and Innovation in the Ground Handling Systems M …
The ground handling systems market is on track for notable expansion as the aviation sector increasingly embraces advanced technologies and sustainability initiatives. This growth reflects broader trends in airport infrastructure development, cargo logistics, and digital innovation, which are reshaping how ground operations are managed globally. Let's explore the market's growth expectations, leading players, emerging trends, and detailed segmentation.
Projected Market Growth and Size of the Ground Handling Systems Market
The ground…
Future Prospects: Key Trends Shaping the GEO Satellite Market Until 2030
The global GEO satellite market is positioned for meaningful growth over the coming years, driven by advancements in technology and increasing demand across various sectors. Understanding the market's size, key players, technological trends, and segmentation provides valuable insight into the evolving landscape and future opportunities of this industry.
Projected Market Growth and Size of the GEO Satellite Market by 2030
The GEO satellite market is anticipated to experience steady expansion, reaching…
Emerging Sub-Segments Transforming the Flying Taxis Market Landscape
The concept of flying taxis has moved from science fiction toward becoming a practical mode of transportation. With rapid technological advancements and increasing investments, this market is positioned for impressive growth as it aims to redefine urban mobility and reduce ground traffic congestion. Below is an overview of the flying taxis market, its growth drivers, key players, and emerging trends shaping the future of urban air travel.
Anticipated Growth of the…
More Releases for Multimedia
Increase In Usage Of Multimedia Applications: The Driving Engine Behind IP Multi …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
IP Multimedia Subsystem Market Size Growth Forecast: What to Expect by 2025?
Recent years have seen a fast-paced expansion in the size of the ip multimedia subsystem market. It is expected to escalate from a value of $3.69 billion in 2024 to $4.12 billion in 2025, showcasing a compound…
Multimedia Quiz Competition 2024
ADMEC Multimedia Institute is one of the most reputable training institutes in Rohini, Delhi. We are thrilled to announce the Multimedia Quiz Competition 2024, scheduled on 19 July. The event promises to be an engaging and informative challenge for participants in all fields like graphic design, web design, web development, animation, video editing, and many more.
Events Highlights
Date: 19 July 2024
Time: 09:00 am
Venue: ADMEC Multimedia Institute in Delhi
About ADMEC…
Global Multimedia Projector Market Size & Trends
According to a new market research report published by Global Market Estimates, the global multimedia projector market is expected to grow at a CAGR of 8.01% from 2023 to 2028.
Global multimedia projector market growth is driven by factors such as growing popularity and demand for projectors, along with government initiatives to improve educational infrastructure, especially in emerging economies, driving demand for multimedia projectors in schools and educational institutions.
Browse 147 Market…
Multimedia Chipsets Market: Emergence of SoC Tech Boosts Embedded Software Usage …
Leading companies in the multimedia chipsets market are currently witnessing a high demand for smartphones and other handheld and portable devices across the world. Users are not only demanding better quality of hardware components, but also demand them to be as cost-effective as possible. This drives the multimedia chipsets players into regular and intensive phases of research and development. As a result of the high rate of technological innovation, both…
MOST150 Broadens In-car Multimedia
MOST(r) Technology Forwards High-definition Audio and Video into Vehicles
Karlsruhe (Germany) - The MOST Cooperation is pleased about the milestones the latest MOST Technology has accomplished: MOST150 now offers the technology and full audio/video capability for next generation automotive infotainment features and devices such as Head Units, Rear Seat Entertainment, amplifiers, TV-tuners and video displays. Based on the technology specification by the organization, through which the leading automotive multimedia network Media…
Multimedia Solutions Launches Service Offering Sound Design & Composition for Ga …
Taking full advantage of Virtual Studio Technology (VST) and Digital Audio Workstations (DAW), Multimedia Solutions was created to offer sound design and music composition services to a global audience.
Specializing in sound design and music composition for the gaming industry, Multimedia Solutions also offers services for film, television, corporate presentations, websites, CD-ROMS and other multimedia projects.
Multimedia Solutions is headed by Amir Khan who has over 15 years of composition and arrangement…
