TechNavio recognizes the following companies as the key players in the Global VoLTE Market: LG Uplus Corp., MetroPCS, SK Telecom Co. Ltd., and KT Corp.
Commenting on the report, an analyst from TechNavio’s team said: “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.”
According to the report, 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.
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 study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-volte-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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TechNavio Announces the Publication of its Research Report -Global VoLTE Market 2012-2016
