Global IMS Market to Reach $7.2 Bn by 2030, Growing at 13.5% CAGR

According to a new report published by IP Multimedia Subsystem Market By component (Product and Services) and Operators (Mobile Operators, Fixed Operators): Global Opportunity Analysis and Industry Forecast, 2020-2030, The global IMS market size was valued at USD 2.1 billion in 2020, and is projected to reach USD 7.2 billion by 2030, registering a CAGR of 13.5% from 2021 to 2030.

The IP Multimedia Subsystem (IMS) market is centered on an architectural framework that enables the delivery of IP-based multimedia services such as voice, video, messaging, and data over both wireless and fixed networks. IMS plays a critical role in unifying communication services across multiple access networks, allowing telecom operators and enterprises to offer seamless, real-time communication experiences. By leveraging standardized protocols, IMS ensures interoperability, scalability, and service consistency across devices and platforms.

With the rapid evolution of LTE, VoLTE, 5G, and Wi-Fi calling, IMS has become a foundational technology for next-generation communication networks. Operators are increasingly adopting IMS to modernize legacy infrastructure, reduce operational costs, and introduce advanced services such as rich communication services (RCS), unified communications, and network virtualization-driven offerings.

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Market Dynamics
One of the key growth drivers of the IMS market is the global transition toward all-IP networks. Telecom operators are phasing out traditional circuit-switched networks in favor of IP-based architectures to support high-quality multimedia services and meet rising consumer demand for seamless connectivity.

The expansion of 4G LTE and 5G networks is another major factor fueling IMS adoption. IMS enables critical services such as VoLTE and VoNR, which are essential for delivering low-latency, high-definition voice and video communication, thereby enhancing user experience and network efficiency.

Growing demand for unified communication solutions across enterprises is also positively impacting the market. IMS supports integrated voice, video, and messaging services, making it attractive for businesses seeking efficient collaboration tools and improved communication workflows.

However, high initial deployment costs and integration complexities associated with IMS infrastructure can act as restraints, particularly for small and mid-sized operators. The need for skilled personnel and interoperability with existing systems further adds to implementation challenges.

On the opportunity side, network function virtualization (NFV) and cloud-based IMS deployments are gaining traction. These technologies enable flexible, scalable, and cost-effective IMS solutions, opening new growth avenues, especially in emerging markets and private network deployments.

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Segment Overview
The IMS market is segmented based on component, deployment mode, and end user. By component, it includes products and services such as CSCF, HSS, application servers, and professional services. Based on deployment, the market is categorized into on-premise and cloud-based IMS solutions, while end users primarily include telecom operators and enterprises adopting advanced IP communication frameworks.

Regional Analysis
North America holds a significant share of the IMS market due to early adoption of advanced communication technologies, strong presence of major telecom operators, and rapid rollout of 5G networks. Continuous investments in network modernization and cloud-based IMS solutions further support regional growth.

Asia-Pacific is expected to witness the fastest growth during the forecast period, driven by expanding mobile subscriber bases, aggressive 4G and 5G deployments, and increasing digitalization initiatives. Countries such as China, India, Japan, and South Korea are actively investing in next-generation telecom infrastructure, creating substantial demand for IMS solutions.

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Competitive Analysis
The key players profiled in the IMS market report are Athonet srl, Cirpack, Cisco Systems, Inc., Ericsson, Huawei Technologies Co., Ltd., International Business Machines Corporation, NEC Corporation, Nokia, Oracle Corporation, ZTE Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the IMS industry.

Key Findings of the Study
• By component, in 2020 the product is estimated to be the major shareholder. However, services is expected to witness highest growth rate during the forecast period.
• On the basis of operators, the mobile operators segment accounted for the highest revenue in 2020, however, the fixed operator segment is expected to witness highest growth rate during the forecast period.
• Region wise, the IMS market was dominated by North America. However, Asia-Pacific is expected to witness significant growth in the upcoming years.

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