Voice Over LTE (VoLTE) - Market Size, Share, Global Insights and Analysis

Market Reports Center One Stop Market Reaserch Shop World Voice Over LTE (VoLTE) Market - Opportunities and Forecasts, 2015-2022

World Voice Over LTE (VoLTE) Market is Expected to Garner $34.8 Billion by 2022 - Allied Market Research A new report published by Allied Market Research titled, "World Voice LTE (VoLTE) Market" projects that the world 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. Asia-Pacific is expected to be the largest VoLTE market during the forecast period on account of the early roll out of VoLTE and VoLTE enabled devices by the operators in the developed countries in the region. Mobile operators around the world are progressively heading towards VoLTE owing to the increasing investments in Long Term Evolution (LTE) and IP Multimedia Subsystem (IMS).

Request A Sample copy of This Report @ https://marketreportscenter.com/reports/328799/worldvoice-over-lte-volte-market-opportunities-and-forecasts-2015-2022 Among the different VoLTE technologies, Circuit-Switched Fall Back (CSFB) constitutes the highest market share owing to its wide acceptance globally, as the end-goal solution for offering voice services over LTE. Although, the technology requires specific modifications in the hardware infrastructure and utilizes multiple data transition elements, it remains the utmost cost-effective solution for voice provision in LTE. On the other hand, voice Over LTE Via Generic Access Network (VOLGA) is likely to be the fastest growing technology, as for all the operators grappling with approaches for VoLTE, VOLGA offers short-term service acceleration as well as long-term investment protection, which are designed to deliver profitable telephony services.

VoLTE deployments are growing at an exponential rate worldwide, with developed countries taking the lead. In 2015, Asia-Pacific generated the highest revenue, followed by North America. Even from a growth perspective, Asia-Pacific would be one of the most lucrative markets, on account of the increasing investments in the technology by the mobile operators, to capture the large subscriber base in developed as well as emerging countries in the region.

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Market Reports Center One Stop Market Reaserch Shop Key findings of the study: VOLGA market is expected to exhibit a remarkable growth during the forecast period, attributed to faster call setup times as compared to other technologies.

CSFB is likely to maintain its leading position as a widely used technology during the forecast period based on speed and accuracy.

Industry participants focus on introducing new products with innovations and partnerships to improve their market share.

VoLTE market comprises dominant players such as AT&T Inc., Huawei Technologies Co. Ltd., Ericsson, and others. These market players primarily focus on the development of new technology, launch of novel products with innovative variations, and partnerships & collaborations to strengthen their market position.

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.

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.

Market Reports Center One Stop Market Reaserch Shop The market comprises key manufacturers such as 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.

POTENTIAL BENEFITS FOR STAKEHOLDERS: This study comprises analytical depiction of the world VoLTE market with the current trends and future scenario to depict the investment pockets in the market.

The report provides information regarding key drivers, restraints, and opportunities with a detailed impact analysis.

The current market is quantitatively analyzed and forecasted for the years 20162022 to highlight the financial competency of the market.

Porters Five Forces analysis of the industry illustrates the potency of the buyers and suppliers.

Value chain analysis provides a clear role of the different stakeholders involved.

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