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Voice Over LTE (VoLTE) Market by Technology (VoIMS, CSFB, SVLTE, Voice Over LTE Via Generic Access Network and SRVCC) | Nokia Solutions and Networks, Verizon Wireless, Ericsson, and Huawei Investment & Holding

02-17-2020 01:25 PM CET | IT, New Media & Software

Press release from: Premium Market Insights

Voice Over LTE (VoLTE) Market to 2022

Voice Over LTE (VoLTE) Market to 2022

The decline in revenue of voice calls and SMS necessitated the adoption of a standardized and viable scheme for the provision of faster and uninterrupted voice and SMS services. As the mobile network operators continue with the full-fledged implementation of 4G long-term evolution (LTE) network, the development of voice over LTE (VoLTE) is providing a platform of choice for voice call delivery by network operators. The scheme of VoLTE was devised owing to the need of a standardized system for voice or data traffic transfer over LTE. The 4G LTE network is the mainstream foundation for the emergence of VoLTE. 4G LTE provides around 20 times faster speed than 3G broadband technology. Moreover, it reduces battery drain rate more efficiently than 3G technology. Despite the deployment of 4G LTE network for data, many service providers still prefer 3G CDMA and GSM platforms for voice calls. The Voice over Long Term Evolution (VoLTE) market is likely to generate revenue of $34.8 billion by 2022, growing at a CAGR of 50.1% from 2016 to 2022.VoLTE is a long-term solution for voice calls as it is designed for replacement of conventional mobile voice platforms by easy integration of voice over Internet protocol (VoIP) services, including landline networks. Technologies such as FDD and TDD would open new avenues for the VoLTE sector. Besides this devices including smart phones, dongles and routers would create growth opportunities.

Top Companies Covered in this Report:
Alcatel-Lucent S.A., AT&T Inc., KT Corporation, LG Uplus Corp., SK Telecom Co. Ltd., T-Mobile US Inc., Metropcs, Nokia Solutions and Networks, Verizon Wireless, Ericsson, and Huawei Investment & Holding Co., Ltd among others.

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The VoLTE market is emerging with trends such as VoLTE and VoWi-Fi integration. The growing popularity of VoLTE services for video conferencing and file sharing have increased the rate of adoption of VoLTE in enterprises. The data and voice capacity of VoLTE is six times more than 2G GSM and up to three times more than 3G UMTS. Moreover, the bandwidth utilization rate in VoLTE is less owing to the smaller packet headers.

The VoLTE market is segmented on the basis of technology, end user, and geography. The technologies of VoLTE include voice over IP multimedia subsystem (VoIMS), circuit-switched fall back (CSFB), dual radio/simultaneous voice and LTE (SVLTE), voice over LTE via generic access network (VOLGA), and single radio voice call continuity (SRVCC). Geographically, the market is divided across the four regions namely North America, Europe, Asia-Pacific, and LAMEA, with their further bifurcation into the key countries.

KEY BENEFITS

The study provides an in-depth analysis of the Voice Over LTE (VoLTE) market with current and future trends to elucidate the imminent investment pockets in the market
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market
The report provides information regarding key drivers, restraints and opportunities with impact analysis
Quantitative analysis of the current market and estimations through 2013-2020 are provided to showcase the financial attractiveness of the market
Porters Five Forces model and SWOT analysis of the industry illustrates the potency of the buyers & suppliers participating in the market
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Voice Over LTE (VoLTE) Market Size
2.2 Voice Over LTE (VoLTE) Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Voice Over LTE (VoLTE) Market Size by Manufacturers
3.2 Voice Over LTE (VoLTE) Key Players Head office and Area Served
3.3 Key Players Voice Over LTE (VoLTE) Product/Solution/Service
3.4 Date of Enter into Voice Over LTE (VoLTE) Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Voice Over LTE (VoLTE) Sales by Product
4.2 Global Voice Over LTE (VoLTE) Revenue by Product
4.3 Voice Over LTE (VoLTE) Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Voice Over LTE (VoLTE) Breakdown Data by End User

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