openPR Logo
Press release

Voice over LTE (VoLTE) Market: Evolving Technology, Trends and industry Analysis up to 2025

08-21-2017 06:03 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Voice over LTE (VoLTE) Market: Evolving Technology, Trends

Voice over Long Term Evolution (VoLTE) is a digital packet voice service which is delivered over internet protocol (IP) via LTE network access. The technology also empowers the network operators for providing rich video and voice calling services. It allows the operators to optimize their spectrum efficiency and utilize their IMS infrastructure thereby adding value to their existing plans. It allows the telecom operators to offer new standards based on various services such as Rich Communication Services (RCS). It includes voicemail, video, instant messaging, real time language translation and video calling. The RCS reduces the timing interval to connect VoLTE calls and improve the device’s battery life over other applications.

Increasing demand for richer and more reliable voice services is expected to drive the VoLTE market. Increased spectrum efficiency is expected to support the industry demand from 2017 to 2025. The declining revenue of SMS and traditional voice calling owing to cheaper internet packs and new upcoming technologies have driven the demand for the VoLTE services in recent years. Increased deployment of LTE networks and high speed package access (HSPA) has attracted varied telecom operators to enter into this industry.

Browse Our Report @
http://www.transparencymarketresearch.com/voice-over-lte-market.html

The necessity of receiver and transmitter (communication devices) supporting VoLTE technology, high pricing structure and limited 4G coverage is expected to restrain the industry growth over the forecast timeline. As voice calling, internet surfing and video streaming will be considered under same data plan, the customers will eventually consume more data ending up paying high for the data charges.

However, increasing competition amongst telecom operators to acquire 4G space, growing adoption of VoLTE supported devices and stabilized prices is expected to influence the market dynamics over the forecast timeframe. For instance, in June 2017, Sprint announced an unlimited data plan for a year in the U.S. for the customers who switch from AT&T, Verizon or T-Mobile. Earlier this year, the major U.S. cellphone carriers have launched unlimited data plans of which Sprint has launched this plan as a strategy to target maximum subscribers on their network.

Brochure With Latest Advancements With Application @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=29249

Indian telecom operator Reliance has launched free introductory Jio 4G net services for 6 months in India as a strategy to acquire the maximum market share. This introductory offer has benefited Reliance Jio to acquire the maximum market share in its launching phases of Indian telecom industry. Moreover, the company is also offering its LYF smart mobiles for about US$ 46 by integrating the business vertically thereby forcing other operators to slash their existing data prices. As an effect, Bharti Airtel, Idea and Vodafone are planning to roll out VoLTE services in the country by the end of September 2017.

Key industry participants are AT&T Inc, Verizon Wireless, Mitel Networks Corporation, Ericsson, LG Uplus, and Alcatel-Lucent. Mergers and acquisitions are the key competitive strategies adopted by the industry players. For instance, in February 2016, Mitel Corporation has deployed voice and video over LTE in Indonesia through Smartfren telecom operator. Indonesia is the fifth country where Mitel has introduced its VoLTE services after North America and Europe by collaborating with telecom operators T-Mobile in US and 3UK in Europe.

In March 2015, Nokia Networks has implemented first VoLTE implementation in Columbia and Latin America. In Columbia, Avantel has selected Nokia for deploying VoLTE services thereby starting the small cell LTE networks in the country.

AT&T is also focusing towards expanding VoLTE roaming coverage in the Asia Pacific region. For instance, in February 2017, it has launched its VoLTE services in Hong Kong and South Korea. The company has provided these services with collaboration with telecom operators SK Telecom in South Korea and SmarTone and CSL in Hong Kong. It has also launched VoLTE services by collaborating with NTT Docomo in Japan and is focusing towards collaborating with additional service providers.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Voice over LTE (VoLTE) Market: Evolving Technology, Trends and industry Analysis up to 2025 here

News-ID: 677960 • Views: 494

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for LTE

LTE Broadcast Solutions Market
Recently, the opportunity of innovation and internet coupled with the swift technological development of mobility is already disturbing the domination of television as a media platform. More precisely, with the introduction of high-speed 4G networks and smartphones, the idea of mobile TV has become an actuality. LTE broadcast solutions are building revenue generating opportunities for device OEMs, content providers, and mobile operators. LTE broadcast is an effective process to allocate
LTE Equipment : CAGR of 21.4% By LTE Market
Press Release - 07 May2018 Global Research and Development News -- . . "LTE Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 - 2025" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' ~ Global LTE Equipment Market: Overview The LTE equipment market report provides an in-depth analysis of the global LTE equipment market for the period
4G (LTE) Devices Market
Persistence Market Research delivers key insights on the global 4G (LTE) devices market in a new publication titled “Global Market Study on 4G (LTE) Devices: Single Brand Store Distribution Channel Segment Expected to Witness Significant Growth Between 2016 and 2024” In terms of value, the global 4G (LTE) devices market is projected to register a healthy CAGR of 13.1% during the forecast period owing to various factors, regarding which Persistence
Technological Advancements to Influence LTE And LTE Advance Market Growth
Long term evolution (LTE) and its technology extension LTE Advanced (LTE-A) are widely used cellular technologies that significantly improve spectral efficiency by increasing the performance of cellular networks to the highest theoretical downlink speed up to 1 GBPS and reducing latency. With LTE and LTE-Advance the end users of mobile devices get benefitted from enhanced bandwidth and superior performance combined with advanced features. LTE networks enhances content deliver performance to
LTE And LTE Advance Market Forecast Report Offers Actionable Insights
Long term evolution (LTE) and its technology extension LTE Advanced (LTE-A) are widely used cellular technologies that significantly improve spectral efficiency by increasing the performance of cellular networks to the highest theoretical downlink speed up to 1 GBPS and reducing latency. With LTE and LTE-Advance the end users of mobile devices get benefitted from enhanced bandwidth and superior performance combined with advanced features. LTE networks enhances content deliver performance to
Global LTE Infrastructure Market
The growth of LTE infrastructure market is driven by rising demand for high data rate transmission and improved spectral efficiency, which in turn is driven by increased data usage. Further, rising demand for public safety LTE infrastructure is expected to drive the growth of LTE infrastructure market in the coming years. Lack of availability of compatible devices, especially for LTE Advanced, is one of the major challenges for growth of