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Latest research report The VoLTE (Voice over LTE) Ecosystem: 2016 -2030: Opportunities, Challenges, Strategies & Forecasts” says that VoLTE service revenue will grow at a CAGR of 34% between 2016 and 2020. By the end of 2020, VoLTE subscribers will account for more than $200 Billion in revenue. Although traditional voice services will constitute a major proportion of this figure, nearly 15% of the revenue will be driven by video calling and supplementary services.

VoLTE (Voice over LTE) technology allows a voice call to be placed over an LTE network, enabling mobile operators to reduce reliance on legacy circuit-switched networks. Powered by IMS (IP Multimedia Subsystem) architecture, VoLTE brings a host of benefits to 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 Q42016, more than 80 mobile operators have commercially launched VoLTE services, and several roaming and interoperability agreements are already in place.

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What’s VoLTE (Voice over LTE)?

VoLTE stands for voice over Long Term Evolution. Utilising IMS technology, it is a digital packet voice service that is delivered over IP via an LTE access network.

Voice calls over LTE are recognised as the industry-agreed progression of voice services across mobile networks, deploying LTE radio access technology.

Who is VoLTE valuable for?

Operators, OEMs, Network vendors, Partners, and Consumers.

What are the benefits of VoLTE?

The implementation of VoLTE offers many benefits, both in terms of cost and operation. VoLTE:

Provides a more efficient use of spectrum than traditional voice;

Meets the rising demand for richer, more reliable services;

Eliminates the need to have voice on one network and data on another;

Unlocks new revenue potential, utilising IMS as the common service platform;

Can be deployed in parallel with video calls over LTE and RCS multimedia services, including video share, multimedia messaging, chat and file transfer;

Ensures that video services are fully interoperable across the operator community, just as voice services are, as demand for video calls grows;

Increases handset battery life by 40 per cent (compared with VoIP);

Delivers an unusually clear calling experience; and

Provides rapid call establishment time.

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How much growth can we expect in VoLTE Market?

Research estimates that VoLTE service revenue will grow at a CAGR of 34% between 2016 and 2020. By the end of 2020, VoLTE subscribers will account for more than $200 Billion in revenue. Although traditional voice services will constitute a major proportion of this figure, nearly 15% of the revenue will be driven by video calling and supplementary services.

What will market research report provide?

The VoLTE (Voice over LTE) Ecosystem: 2016 – 2030: Opportunities, Challenges, Strategies & Forecasts 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. The report also presents forecasts for VoLTE smartphone shipments, subscriptions, service revenue and infrastructure investments from 2016 till 2030. The forecasts cover 7 individual submarkets and 6 regions.

What Segmentation is covered in report?

Geographical Segmentation :
Asia Pacific
Eastern Europe
Latin & Central America
Middle East & Africa
North America
Western Europe

VoLTE subscription, service revenue and infrastructure revenue forecasts are provided for each of the following submarkets and their subcategories:

VoLTE Services :

Voice Telephony

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)

VoLTE Capable PCRF (Policy & Charging Rules Function) Solutions

What are key findings of report?

The report has the following key findings:

– By 2020, Research estimates that VoLTE services will account for over $200 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.

– As the transition to VoLTE accelerates, mobile operators have already begun shutting down their legacy networks in a bid to reallocate additional spectrum to their LTE networks.

– Japan and South Korea have already shut down their 2G networks, and multiple operators in other parts of the world, including the United States, are in the processing of switching off 2G services. Some operators, such as Telenor Norway, are seeking the closure of their 3G networks as early as 2020.

– Nearly all VoLTE operators are integrating their VoLTE services with Wi-Fi calling in a bid to offer voice services in areas where their licensed spectrum coverage is limited.

– The vendor ecosystem is continuing to consolidate with several acquisitions such as Sonus Networks recent takeover of IP communications specialist Taqua.

What are companies profiled in report?

3GPP, Accedian Networks, CENX, GSMA, Lenovo, Qualcomm, Sprint, Cisco, F5 Networks, Reliance Jio Infocomm, Rogers Communications, Singtel Group, x-Mobility, ZTE and many more.

For more details of report, table of content, purchase copy of report visit https://marketreportscenter.com/reports/421652/the-volte-voice-over-lte-ecosystem-2016-2030-opportunities-challenges-strategies-forecasts

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Market Reports Center

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