VoLTE Market Revenue Share of 12% to be Held by Video Calling and Supplementary Services in 2020
PUNE, India, October 1, 2015 /PRNewswire/ --
Although, traditional voice services will constitute a major proportion of $120 billion VoLTE market forecast in 2020, over 12% of the revenue will be driven by video calling and supplementary services, says this new VoLTE research.
Complete report on VoLTE market spread across 161 pages, mentioning 74 VoLTE related companies and supported with 41 figures is now available at http://www.rnrmarketresearch.com/the-volte-voice-over-lte-ecosystem-2015-2030-opportunities-challenges-strategies-forecasts-market-report.html .
Synopsis: VoLTE market and Voice over LTE technology allows a voice call to be placed over an LTE network, enabling operators to reduce reliance on legacy circuit-switched networks. Powered by IMS (IP Multimedia Subsystem) architecture, VoLTE market brings a host of benefits to mobile 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. First deployed by South Korean operators in 2012, VoLTE is beginning to gain momentum globally. As of Q3'2015, more than 20 operators have commercially launched VoLTE market services and several roaming and interoperability agreements are already in place.
This research estimates that VoLTE marekt service revenue will grow at a CAGR of 36% between 2015 and 2020. By the end of 2020, VoLTE subscribers will account for nearly $120 Billion in revenue. Although traditional voice services will constitute a major proportion of this figure, over 12% of the revenue will be driven by video calling and supplementary services. The "VoLTE (Voice over LTE) Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts" report presents an in-depth assessment of the VoLTE ecosystem including enabling technologies, key VoLTE 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 market smartphone shipments, subscriptions, service revenue and infrastructure investments from 2015 till 2030. The forecasts cover 7 individual submarkets and 6 regions. The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
VoLTE market subscription, service revenue and infrastructure revenue forecasts are provided for each of the following submarkets and their subcategories:
VoLTE Services: Voice Telephony and Video and Supplementary Services.
VoLTE Infrastructure: CSCF (Call Session Control Function) Servers, SBCs (Session Border Controllers), VoLTE Application Servers, Other IMS Elements (HSS, BGCF, MGCF & MRF) and VoLTE Capable PCRF (Policy & Charging Rules Function) Solutions.
Regional Submarkets: Asia Pacific, Eastern Europe, Latin & Central America, Middle East & Africa, North America and Western Europe.
Order a copy of VoLTE (Voice over LTE) Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts market research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=411785 .
Another research on VoLTE market titled The VoLTE business cases: the value of spectrum reuse, an enhanced feature set and virtualization says spectrum reuse will drive the VoLTE business case for many mobile operators, but, for others, the benefits of virtualization may mitigate the uncertainty about the commercial outlook for voice services. Communication app providers such as LINE and Viber Media stand to benefit from the improved speed and low latency of LTE, yet most mobile network operators (MNOs) rely on legacy infrastructure for voice services. MNOs are hesitant to invest in a core upgrade to provide native VoLTE market services because the outlook for voice revenue is poor.
This VoLTE market research has built a heuristic model to highlight sensitivities in the VoLTE business case with viable solution options for three generic operator profiles. This strategy report examines the main drivers and inhibitors of VoLTE deployment, provides an overview of the cost savings that VoLTE market can offer through spectrum reuse, efficiency, eliminating dedicated voice infrastructure etc., explores the revenue benefits that MNOs need to target to ensure a successful VoLTE business case, assesses the impact that virtualisation can have on the success of a VoLTE business case and discusses the market environment, including: VoLTE deployment status, drivers and inhibitors, and vendor landscape. AT&T (USA), Huawei, Hutchison 3G UK, LG Uplus, Samsung, T-Mobile USA and Vodafone are the companies mentioned in this VoLTE market research of 57 pages available at http://www.rnrmarketresearch.com/the-volte-business-cases-the-value-of-spectrum-reuse-an-enhanced-feature-set-and-virtualisation-market-report.html .
Explore more reports on information technology and telecommunications market at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication .
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