Voice Over LTE Market - a $200B Service Revenue Opportunity by 2020 as Mobile Operators Remain Committed to VoLTE
PUNE, India, October 19, 2016 /PRNewswire/ --
The report on VoLTE (Voice over LTE) Market 2016 -2020 says powered by IMS (IP Multimedia Subsystem) architecture, VoLTE brings a host of benefits to operators ranging from the ability to refarm legacy 2G and 3G spectrum to offering their subscribers a differentiated service experience through capabilities such as HD voice and video telephony.
Complete report on VoLTE (Voice over LTE) market spread across 217 pages, analysing 8 major companies and providing 47 tables and figures is now available at http://www.marketreportshub.com/voice-over-lte-volte-market-research-2016-2030-sns-telecom.html.
As of Q4'2016, more than 80 mobile operators have commercially launched VoLTE services, and several roaming and interoperability agreements are already in place. The research estimates that VoLTE service revenue will grow at a CAGR of 34% between 2016 and 2020. By the end of 2020, VoLTE subscribers will account for more than $200 Billion in revenue. Although traditional voice services will constitute a major proportion of this figure, nearly 15% of the revenue will be driven by video calling and supplementary services.
Growing Investments in VoLTE Service Assurance - Despite having limited bandwidth requirements, VoLTE traffic is highly complex relative to earlier calling mechanisms and extremely sensitive to latency, jitter and packet loss. These challenges are further exacerbated by intricate protocol interactions and the fact that VoLTE traffic travels over multiple domains including RAN, mobile core, IMS and transport networks. Without end-to-end visibility, QoS issues can potentially degrade or prevent VoLTE calls and roaming, and negatively impact customer loyalty.
The "VoLTE (Voice over LTE) Ecosystem: 2016 - 2030 - Opportunities, Challenges, Strategies & Forecasts" report presents an in-depth assessment of the VoLTE ecosystem including enabling technologies, key market drivers, challenges, collaborative initiatives, regulatory landscape, standardization, opportunities, operator case studies, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for VoLTE smartphone shipments, subscriptions, service revenue and infrastructure investments from 2016 till 2030. The forecasts cover 7 individual submarkets and 6 regions. Order a Copy of Report at http://www.marketreportshub.com/purchase?rpid=4340.
The report will be of value to current and future potential investors into the VoLTE ecosystem, as well as mobile operators, VoLTE solution providers, mobile device OEMs and enabling technology providers who wish to broaden their knowledge of the ecosystem.
Target Audience: VoLTE solution providers; Enabling technology providers and chipset manufacturers; Mobile infrastructure and device vendors; Mobile operators and MVNOs (Mobile Virtual Network Operators); Financial analysts and investors; Application, software and content providers
The report has the following key findings: As mobile operators remain committed to VoLTE as the long term solution to secure a fully native IP-based telephony experience. As the transition to VoLTE accelerates, mobile operators have already begun shutting down their legacy networks in a bid to reallocate additional spectrum to their LTE networks. Japan and South Korea have already shut down their 2G networks, and multiple operators in other parts of the world, including the United States, are in the processing of switching off 2G services. Some operators, such as Telenor Norway, are seeking the closure of their 3G networks as early as 2020. Nearly all VoLTE operators are integrating their VoLTE services with Wi-Fi calling in a bid to offer voice services in areas where their licensed spectrum coverage is limited. The vendor ecosystem is continuing to consolidate with several acquisitions such as Sonus Networks' recent takeover of IP communications specialist Taqua.
List of Companies Mentioned are Broadcom, BroadSoft, BT Group, CCN (Cirrus Core Networks), CellMining, Cellwize, CENX, CEVA, China Mobile, D2 Technologies, Dell Technologies, Dialogic Corporation, Ecrio, EE, Empirix, Ericsson, Etisalat, Google, GSMA, Hitachi, HPE (Hewlett Packard Enterprise), HTC Corporation and more.
Explore other reports on Telecommunications Market at http://www.marketreportshub.com/categories/i-t-telecommunication.
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