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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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.
- 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
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
SOURCE Research and Markets