DUBLIN--(BUSINESS WIRE)--The "Global VoLTE Market - By Technology, Industry, Region - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report has been added to Research and Markets' offering.
The Global VoLTE market was USD 3.78 billion in 2016 and is estimated to reach USD 12.23 billion by 2022 at a CAGR of 21.6% for the forecasted period. More and more developed countries as well as a few developing countries are trying to adapt to the LTE technology, where VoLTE is expected to become an integral part of network architecture and is expected to bring down costs by optimizing the network.
In recent times Asia-Pacific and LAMEA regions have proven to provide great potential opportunities for the VoLTE market players to invest and sustain by creating a healthy market. However, the maximum impact has been set-up by US which remains to be a dominant market for VoLTE technology. Also, North America region has witnessed widespread adoption of the technology in recent years and has been dominated by US.
The major reason for the widespread adoption of VoLTE attributes to its ability to provide consumers with facilities such as HD voice, video telephony, faster call-setup time, improved battery life of products using VoLTE technology. Limited revenue potential is a major constraint which has been lately reducing by the increasing footfall number of compatible devices being launched in the market. As such, an increased spectrum efficiency along-with an increase in the deployment of HSPA are going to be the key factors in the growth and development of VoLTE market.
Companies Mentioned
- AT&T Inc
- Alcatel-Lucent
- Cisco Systems, Inc.
- D2 Technologies
- Ericsson
- Huawei
- KT Corporation
- LG Uplus
- Metro PCS
- Nokia Networks
- Reliance JioCom
- SK Telecom
- T-Mobile US, Inc.
- Verizon Wireless
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global VoLTE market Segmentation, Forecasts and Trends - By Revenue
6. By Technology
7. By Industry
8. By Region
9. Vendor Market Share Analysis
10. Company Profiles
11. Industry Structure
12. Global VoLTE market - Road Ahead
For more information about this report visit https://www.researchandmarkets.com/research/vhvpg3/global_volte
