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Global IP Multimedia Subsystem (IMS) Services Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
IP Multimedia Subsystem (IMS) Services Market
How Big Is the IP Multimedia Subsystem (IMS) Services Market Size Expected to Be by 2034?
The market size for IP multimedia subsystem (IMS) services has experienced fast-paced growth over recent years. It is forecasted to surge from $3.42 billion in 2024 to $4 billion in 2025 with a compound annual growth rate (CAGR) of 17.0%. The historical growth can be credited to factors such as increased demand for combined services, the widespread usage of smartphones and mobile data, setting up of long-term evolution (LTE) networks, emergence of OTT services, and the escalating demand for superior multimedia experiences.
The market size of IP multimedia subsystem (IMS) services is anticipated to undergo stellar growth in the ensuing years. The market is projected to reach $7.41 billion by 2029, with a compound annual growth rate (CAGR) of 16.7%. The steady escalation during the forecast period can be credited to factors such as the rising adoption of 5G networks, increased demand for VoLTE, an expansive surge of Internet of Things (IoT) devices, shift towards services based on the cloud, and a high demand for rich communication services (RCS). The forecast period will also witness major trends like the acknowledgement of AI and machine learning (ML) technologies, the combination of IMS services with multi-access edge computing (MEC), initiation of AI-guided automation, and the integration of IMS services with edge computing platforms.
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What Are the Emerging Segments Within the IP Multimedia Subsystem (IMS) Services Market?
The IP multimedia subsystem (IMS) services market covered in this report is segmented -
1) By Service: Instant Messaging, Voice Over Internet Protocol (VoIP), Voice Over Long Term Evolution (VoLTE), Voice Over Wi-Fi (VoWiFi), Other Services
2) By Application: Residential, Enterprise, Government And Public Sector, Other Applications
3) By End-User: Telecom Operators, Enterprises, Government Organizations, Other End Users
Subsegments:
1) By Instant Messaging: Text Messaging (SMS, MMS), Multimedia Messaging (MMS), Chat and Group Messaging, Rich Communication Services (RCS)
2) By Voice Over Internet Protocol (VoIP): Enterprise VoIP, Residential VoIP, Mobile VoIP, VoIP For International Calling
3) By Voice Over Long Term Evolution (VoLTE): Voice Calls Over LTE Network, HD Voice Service, VoLTE For Mobile Operators, VoLTE For Enterprise Communication
4) By Voice Over Wi-Fi (VoWiFi): Voice Calls Over Wi-Fi Networks, Wi-Fi Calling For Mobile Devices, VoWiFi For International Roaming, VoWiFi For Home Or Office Use
5) By Other Services: Video Calling And Conferencing, Multimedia Streaming Services, Unified Communications Services, Real-Time Communication (RTC) Services, Push-To-Talk Services
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What Long-Term Drivers Are Shaping IP Multimedia Subsystem (IMS) Services Market Trends?
The increase in working remotely is set to enhance the expansion of the IP multimedia subsystem (IMS) services market in the future. The concept of remote work culture pertains to the digital ecosystem within an organization that promotes collaboration among staff via common experiences, interests, and goals. This culture is on the rise due to shifting employee inclinations, monetary benefits for employers, and a necessity for more adaptable work settings. IMS services enhance seamless interaction and cooperation in remote work spaces via the fusion of voice, video, and data capabilities over IP networks. For example, as reported by the U.S. Bureau of Labor Statistics, a U.S. government agency in September 2023, around 19.5% of the workforce were involved in telework or paid work from home in August 2023. This figure remains consistent with the rate of 17.9%-20% noted between October 2022 and August 2023. As a result, the expanding remote work culture fuels the growth of the IP multimedia subsystem (IMS) services market.
Who Are the Top Competitors in Key IP Multimedia Subsystem (IMS) Services Market Segments?
Major companies operating in the IP multimedia subsystem (IMS) services market are Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Nokia Corporation, Ericsson AB, NEC Corporation, ZTE Corporation, Mavenir Systems Inc., F5 Inc., Genesys Telecommunications Laboratories Inc., Italtel SpA, Ribbon Communications Inc., Avaya Holdings Corp, Dialogic Corporation, Aviat Networks Inc., Genband Telecommunications Private Limited, Metaswitch Networks Ltd., Allot Communications Ltd., CommVerge Solutions Limited, Interop Technologies LLC, Unify Technologies Pvt Ltd., CommuniGate Systems Inc., Bradford Networks Inc.
What Are the Major Trends Shaping the IP Multimedia Subsystem (IMS) Services Market?
Key players in the IP multimedia subsystem (IMS) services market are concentrating on the production of innovative solutions, such as MAPS session initiation protocol (SIP)-based IP multimedia subsystems (IMS), in order to maintain a competitive position in the market. The MAPS SIP-based IP multimedia subsystem (IMS) is a system designed to provide multimedia services over IP networks, with SIP being the primary signaling protocol used to commence and control communication sessions. For example, in March 2022, GL Communications Inc., a US firm that provides telecommunications consulting services, unveiled the MAPS Session Initiation Protocol (SIP) IMS Test Suite. MAPS is a flexible emulation software that supports various protocols and interfaces for signaling and traffic generation, covering voice, tones, digits, fax, data, and video in a single framework. This test suite provides a comprehensive network environment, enabling users to test their applications, devices, and services prior to network deployment.
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Which Regions Are Becoming Hubs for IP Multimedia Subsystem (IMS) Services Market Innovation?
North America was the largest region in the IP multimedia subsystem (IMS) services market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the IP multimedia subsystem (IMS) services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the IP Multimedia Subsystem (IMS) Services Market?
2. What is the CAGR expected in the IP Multimedia Subsystem (IMS) Services Market?
3. What Are the Key Innovations Transforming the IP Multimedia Subsystem (IMS) Services Industry?
4. Which Region Is Leading the IP Multimedia Subsystem (IMS) Services Market?
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