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Global Voice Over Long Term Evolution (VoLTE) Market to 2016


News provided by

Research and Markets

Dec 05, 2013, 11:31 ET

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DUBLIN, December 5, 2013 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/87ddd4/global_volte) has announced the addition of the "Global Voice Over Long Term Evolution (VoLTE) Market to 2016" report to their offering.

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Research and Markets Logo. (PRNewsFoto/PR NEWSWIRE EUROPE)
Research and Markets Logo. (PRNewsFoto/PR NEWSWIRE EUROPE)

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

The analysts forecast the Global Voice Over Long Term Evolution (VoLTE) market to grow at a CAGR of 300.4 percent over the period 2012-2016.

One of the major growth drivers is the continuous demand for data and voice capabilities. In order to sustain in a competitive business environment, mobile telecom operators are striving to provide better services to the mobile subscribers. In this regard, VoLTE solutions enable the operators to efficiently integrate voice and data, with high-end quality.

Mobile telecom operators' voice revenues are heading south, as subscribers increasingly choose OTT VoIP services such as Skype instead of regular circuit-switched voice. However, VoLTE can enable the operators to retreat the decreasing voice market share by offering high end voice quality. VoLTE will provide operators the opportunity to establish voice and video propositions that the OTT providers simply cannot match with, the provision of voicemail, roaming, and interconnect. VoLTE will provide broader connectivity, for instance, through operator services, a user can instantly reach out a billion of people worldwide, whereas through OTT VoIP a user group can only be connected. Furthermore, operator controlled feature has several other bundled services - call divert, voicemail, and then on top of that there's a whole load of business services as well which provide benefits such as VPN solutions in the network or short-code dialing between closed user groups. However, in order to deliver those services more cost effectively and also compete with the OTT providers on HD voice, the operators need contemplate the option LTE. During the forecast period, the telecom operators are expected to cash in these voice-enabled services.

Further, the report states that encouraging the transition of subscribers from dominating OTT VoIP to VoLTE services is a point of concern for the network operators globally delaying the growth of the VoLTE technology.

The key vendors dominating this space include:

  • LG Uplus Corp.
  • MetroPCS
  • SK Telecom Co. Ltd.
  • StarHub Ltd.
  • Alcatel-Lucent S.A.
  • Ericsson A.B.
  • Huawei Technologies Co. Ltd
  • Nokia Siemens Networks B.V.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Introduction

04. Market Research Methodology

05. Scope of the Report

06. Aligning Voice over LTE Network

07. Market Landscape

08. Geographical Segmentation

09. Key Leading Countries

10. Vendor Landscape

11. Buying Criteria

12. Market Growth Drivers

13. Drivers and their Impact

14. Market Challenges

15. Impact of Drivers and Challenges

16. Market Trends

17. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/87ddd4/global_volte

Research and Markets
Laura Wood, Senior Manager.
[email protected]
U.S. Fax: +1-646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Telecommunications and Networks

SOURCE Research and Markets

21%

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