VoLTE Market to Grow at 100% CAGR in Subscriber Base to 2019

21 Dec, 2015, 07:30 ET from ReportsnReports

PUNE, India, December 21, 2015 /PRNewswire/ --

Some emerging trends in VoLTE market such as the integration of VoLTE and VoWi-Fi and increasing popularity of VoLTE services among enterprises have increased the adoption level of VoLTE services and opens up a new source of revenue for the market. Enterprises use VoLTE services for file sharing and video conferencing.

Complete report on VoLTE Market spread across 64 pages, analyzing 9 major companies and providing 29 data exhibits is now available at http://www.reportsnreports.com/reports/447884-global-volte-market-2015-2019.html.

According to the report, the VoLTE market is driven by various factors such as an increase in the deployment of LTE networks, a rapid increase in the shipments of LTE-enabled handsets, and increasing demand for quality over voice services. In the developed countries, the shipments of LTE-enabled handsets are very high because of the early deployment of LTE networks. APAC emerges as a major promising market for VoLTE services.

The analysts forecast the global VoLTE market to grow at a CAGR of 100.64% over the period 2014-2019 in terms of subscriber base. The global VoLTE commercial networks deployment is growing at a CAGR of 36.03%. The market size has been calculated on the basis of the number of global VoLTE subscriptions along with the number of commercial networks deployed.

The increasing percentage of voice-based services in the overall revenue has been taken into consideration to depict the significance of voice services for telecom operators. It also includes the increasing number of mobile VoIP subscribers versus VoLTE.

The report also gives an in-depth information about the VoLTE services and market trends, while taking into account the key telecom equipment manufacturers implementing the services in their LTE network. The report also provides highlights on the IMS equipment used as a basic infrastructure of VoLTE. Order a copy of Global VoLTE Market 2015-2019 report @ http://www.reportsnreports.com/purchase.aspx?name=447884.

In addition, the report provides a technical overview of VoLTE based on the following classifications: Technology, Evolution, Alternative solutions and Extensible rich communications. The research presents vendor landscape and a corresponding detailed analysis of the five communication VoLTE service providers. It also provides a detailed analysis of the key VoLTE equipment providers.

The following companies are the key players in the Global VoLTE market are AT&T, KT, LG Uplus, SK Telecom and T-Mobile US. Other Prominent Vendors in the market are A1 Telekom, Bell Mobility, Bharti Airtel, Bouygues Telecom, Celcom Axiata, DNA, DTAC, Kcell, KPN, Magyar Telecom, Mavenir Systems, Mobile TeleSystems, Mobitel, Netcom, Orange, Rogers Wireless, Saudi Telecom, SFR, Si.Mobil, Smart Communications, Swisscom, Tata DoCoMo, TDC, Telekom Austria, Telenor, Telstra, TELUS, Turkcell, VIPNet, and Vodafone.

Further, the report states that the market is also facing severe challenges that are responsible for hindering the growth of the market. In most parts of APAC and MEA, the roll-out of LTE is still going on or has not yet been announced because of the inadequate backhaul infrastructure and limited availability of devices.

Related Reports: 

The VoLTE (Voice over LTE) Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts: This research estimates that VoLTE service revenue will grow at a CAGR of 36% between 2015 and 2020. By the end of 2020, VoLTE subscribers will account for nearly $120 Billion in revenue. Although traditional voice services will constitute a major proportion of this figure, over 12% of the revenue will be driven by video calling and supplementary services. The report also presents forecasts for VoLTE smartphone shipments, subscriptions, service revenue and infrastructure investments from 2015 till 2030. The forecasts cover 7 individual submarkets and 6 regions.

The VoLTE business cases: the value of spectrum reuse, an enhanced feature set and virtualisation: Spectrum reuse will drive the VoLTE business case for many mobile operators, but, for others, the benefits of virtualisation may mitigate the uncertainty about the commercial outlook for voice services. Companies covered in this research include AT&T (USA), Huawei, Hutchison 3G UK, LG Uplus, Samsung, T-Mobile USA and Vodafone.

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