Voice Over LTE Market a $120 Billion Opportunity, Says a New VoLTE Ecosystem Research Report
PUNE, India, August 27, 2015 /PRNewswire/ --
Growing at 36% CAGR, Voice over LTE market revenues will account for nearly $120 Billion in annual revenue says The VoLTE (Voice over LTE) Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts, a new market research report available with RnRMarketResearch.com.
Complete report on Voice over LTE market (VoLTE) spread across 161 pages, reviewing, discussing or simply mentioning 120 companies as well as 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 .
The "VoLTE (Voice over LTE) Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts" market research 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. This Voice over LTE market report also presents forecasts for VoLTE smartphone shipments, subscriptions, service revenue and infrastructure investments from 2015 till 2030. The forecasts cover 7 individual submarkets and 6 regions. As of Q3'2015, more than 20 operators have commercially launched VoLTE market services and several roaming and interoperability agreements are already in place. 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.
By 2020, this Voice over LTE market research estimates that VoLTE services will account for nearly $120 Billion in annual service revenue, as mobile operators remain committed to VoLTE as the long term solution to secure a fully native IP based telephony experience. Nearly all VoLTE operators are committed to migrate existing mobile voice subscribers to LTE in order to refarm their 2G and 3G spectrum. Some operators are integrating their VoLTE services with WiFi calling in a bid to offer voice services in areas where their licensed spectrum coverage is limited. Estimates of the 2015 voice over LTE market report are that VoLTE capable smartphone shipments will grow at a CAGR of 33% between 2015 and 2020, eventually accounting for over 950 Million unit shipments by the end of 2020. As part of the wider NFV (Network Functions Virtualization) initiative, many vendors are integrating their virtualized VoLTE offerings with cloud platforms. The voice over LTE market vendor ecosystem is gradually consolidating with several prominent acquisitions such as Mitel's acquisition of VoLTE specialist Mavenir Systems.
Companies mentioned in this voice over LTE market research report for 2015 to 2030 covers Accedian Networks, Alcatel-Lucent, ALEPO, Altair Semiconductor, Amdocs, Apple, Aricent, Ascom, Asus (ASUSTeK Computer), Avago Technologies, BICS, BroadSoft, BT Group, CellMining, CENX, Cirpack, Cisco Systems, D2 Technologies, Dialogic Corporation, DigitalRoute, Ecrio, Empirix, Ericsson, EXFO, F5 Networks, Fujitsu, GCT Semiconductor, GENBAND, Gigamon, Hitachi, HP (Hewlett-Packard Company), HTC Corporation, Huawei, iBasis, Imagination Technologies, IMSWorkX, InfoVista, Intel Corporation, InterDigital, Iskratel, Italtel, Keysight Technologies, Lenovo, LG Electronics, Metaswitch Networks, Mitel Networks Corporation, Mobileum, NEC Corporation, NewNet Communication Technologies, Nokia Networks, OpenCloud, Openet, Oracle Corporation, Pantech, Qualcomm, Quortus, RADCOM, Radisys Corporation, Samsung Electronics, Sandvine, Sansay, Sequans Communications, Sharp Corporation, Sonus Networks, Sony Mobile Communications, Spirent Communications, SPIRIT DSP, Summit Tech, Syniverse, Taqua, Tektronix Communications, Viavi Solutions, VMware and ZTE. Order a copy of The VoLTE (Voice over LTE) Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts market research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=411785 . The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
The value chain of Voice over LTE market is complex with many significant players across different segments of the ecosystem including enabling technology providers; VoLTE & IMS infrastructure suppliers; VoLTE capable device OEMs; test, measurement & performance specialists; roaming, billing & supplementary service providers; and mobile operators. Japanese operator NTT DoCoMo launched its nationwide VoLTE service in Q2'2014. The operator's launch strategy targeted several benefits including high quality voice and video calling, reduced background noise and faster call setup times. Together with its VoLTE launch, the operator introduced flat rate voice calling plans and free video calling until Q3'2015, in a bid to lure additional subscribers and reduce churn.
Another 2015 market research report titled The VoLTE business cases: the value of spectrum reuse, an enhanced feature set and virtualisation, spectrum reuse will drive the volte business case for many mobile operators, but, for others, the benefits of virtualisation 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 services because the outlook for voice revenue is poor.
This Voice over LTE market strategy report presented from a business case viewpoint examines the main drivers and inhibitors of VoLTE deployment and provides an overview of the cost savings that VoLTE can offer through spectrum reuse, efficiency, eliminating dedicated voice infrastructure etc. It 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. Companies like AT&T (USA), Huawei, Hutchison 3G UK, LG Uplus, Samsung, T-Mobile USA and Vodafone are mentioned in this 57 pages voice over LTE market research 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 the Information Technology and Telecommunications market at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication .
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