DUBLIN--(BUSINESS WIRE)--The "Global Voice over WiFi (VoWiFi) Market - Segmented by Service (VoLTE, VoWiFi, RCS, Web, Voice, Others), Device Type (Smartphone, Routers) & Region - Growth, Trends, And Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global voice over Wi-Fi (VoWiFi) market is anticipated to register a CAGR of 16.8% during the forecast period of 2018-2023.
The key carriers in the market studied are preparing to launch both VoLTE and VoWiFi services for the consumers only once these services are stable, so that quality is not compromised. They are also contemplating the best way to advertise the two services, so that consumers value the quality of voice calling and perceive the enhancements provided, as value added services (VAS). This leads to the neutralization of the declining trend of smartphone users not making phone calls and moving to OTT alternatives.
Over the long term, most operators are expected to launch both VoWiFi and VoLTE services, as a natural evolution toward an all-IP-based communication. However, over the short term, some of the carriers may choose to launch one of the two services first, and their decision is expected to be mainly influenced by three main factors, including the need to improve indoor coverage, potential cost savings, and the customers' interest toward enhanced communication services.
Factors Driving the Market
- Increasing Internet Penetration
Factors Restraining the Market
- Limited Awareness of the Technology
- Ericsson AB
- Nokia Corporation
- Alcatel-Lucent SA
- Huawei Technologies Co. Ltd
- Aptilo Networks
- LG Uplus Corporation
- MetroPCS Communications Inc.
- AT&T Inc.
- KT Corporation
- Mitel Networks Corporation
Key Topics Covered
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Technology Snapshot
6. Global Voice over Wi-Fi (VoWiFi) Market Segmentation
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future of the Global Voice over Wi-Fi (VoWiFi) Market
For more information about this report visit https://www.researchandmarkets.com/research/frq6n8/global?w=4