Press release
IP Multimedia Subsystem Market Expanding at a Stable CAGR of 18% from 2016 to 2022
Market HighlightsIn this rapidly changing environment, companies are expanding their scale of operations by advancing the existing technologies. In the recent years IP Multimedia Subsystem is becoming worldwide. The rising popularity of Rich Communication Services (RCS) and Voice over LTE (VoLTE) has led to an increase in IP multimedia subsystems market.
The growing investments in 4G and explosive sale of smartphones have been the major factors increasing the LTE market which in result is boosting the IP multimedia subsystem market. It has been observed that the demand to modernize the existing networks and the ability to offer converged services is driving the IP multimedia market. The study indicates that many companies are trying to evolve LTE and add new features to the present LTE market. Recently there has been news about Telefonica regarding LTE; they are working on private LTE technology based on mobile edge computing (MEC). Also LM Ericsson is been signing deals with many companies to implement, deploy and evolve LTE. All these factors are boosting the IP multimedia systems market.
The IP Multimedia Subsystem Market is growing rapidly over 18% of CAGR and is expected to reach at USD ~4 billion by the end of forecast period.
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Key Players:
• LM Ericsson (Sweden),
• Oracle (U.S.),
• Nokia Corporation (Finland),
• Alcatel-Lucent S.A. (France),
• IBM Corporation (U.S.),
• Huawei Technologies Co. Ltd. (China),
• Brocade Communications Systems, Inc. (U.S.),
• Cisco Systems, Inc. (U.S.),
• HP (U.S.),
• Bradford Networks, Inc. (U.S.),
• Ascom Holdings AG (Switzerland),
• Allot Communication (Israel),
• others.
The IP Multimedia Subsystem market is growing rapidly. Increase in economies of countries resulting in high investment in telecommunication sector is driving the market. Innovation is a key driver in IP Multimedia Subsystem. The IP Multimedia Subsystem market is globally emerging across world. There has been a recent trend of voice over LTE and public safety LTE propelling the IP Multimedia Subsystem market growth.
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “IP Multimedia Subsystem Market Research Report- Forecast 2022”
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
By access network segment, it consists of fixed access, mobile access and wireless access. The applications segment consists of Mobile Phones, Personal Digital Assistants (PDAS), Computers/ Desktops/Laptops, Digital Subscriber Line (DSL), Cable Set-Top Box and others.
By Region, MRFR analysis shows that Asia-Pacific will account for largest market share in IP Multimedia Subsystem market. This region has very high adoption of IP Multimedia Subsystem owing to factors such as rising penetration of telecom services, technological developments in communication services. Countries like Japan, India, China and Korea have shown significant development in IP Multimedia Subsystem. The launch of Reliance Jio which introduced VoLTE in India tremendously increased the VoLTE market which in result increased the IP multimedia subsystems market.
Table of Content
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
5. Market Factor Analysis
Continue……….
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Market Research Future
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