This industry research presents the market forecast and growth prospects of VoLTE through 2019. The global VoLTE market is analyzed with an in-depth study on VoLTE service providers and equipment vendors. Market shares of the leading vendors include APAC, Americas, and EMEA. The leading vendors analyzed in the report include AT&T, KT, LG Uplus, SK Telecom, and T-Mobile US.
Technavio’s market research analysts estimate the VoLTE market subscriptions to exceed 790 million between 2016 and 2020. Increase in the deployment of LTE networks among enterprises is one of the major factors boosting the growth of VoLTE market. The Americas dominate the global market for VoLTE, accounting for 55% of the total market share. The region has maximum number of VoLTE subscribers due to the rapid expansion of LTE networks and launch of HD voice services.
The new market research report from Technavio provides a breakdown and analysis of the VoLTE segments by technology.
“One of the interesting trends gaining momentum in this market is the integration between mobile operator’s cellular voice service and Wi-Fi calling service. After its full deployment, the VoLTE network helps network operators offer VoWi-Fi in areas where licensed spectrum is either limited or unavailable. For instance, T-Mobile and Sprint uses Wi-Fi to handle voice calls and to manage data traffic,” says Rakesh Panda, Lead Analyst, ICT, Technavio Research.
Of late, the voice over mobile broadband (VoMBB) market is one of the most emerging markets across the globe. With the increased deployment of high speed package access (HSPA) and LTE networks, most telecom operators are entering into this marketplace. VoMBB allows telecom service providers to manage the flow of mobile Voice over internet protocol (VoIP) traffic generated by over the top (OTT) applications such as Skype and YouTube. This relationship between telecom carriers and OTT application service providers opens a new business model for telecom operators to generate revenues from VoMBB services.
The leading vendors in the global VoLTE market include AT&T, KT, LG Uplus, SK Telecom, and T-Mobile US. This market comprises a large number of telecommunication providers and LTE equipment suppliers. Intense competition prevails in this market due to the presence of some of the biggest telecom operators. With the increase in penetration of smartphone and mobile data traffic, a number of small players are also entering the marketplace.
A more detailed analysis is available in the Technavio report, Global VoLTE Market 2015-2019.
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