VoLTE Technology Market-Consumption Growth Rate by Application, Competitors, Revenue Forecast 2018-2023

Pune, India -- (SBWire) -- 09/17/2018 --According to the report, In APAC region, growing demand of efficient voice call services in telecommunication sectors is raising VoLTE (Voice over LTE) Technology market in the region. Further, the report states that high price of calls and lack of technical expertise is a challenge to the market growth.

VoLTE (Voice over LTE) Technology Global Market – Overview

The global VoLTE (Voice over LTE) Technology market demand is growing due to the growth of smartphones and growing radio spectrum traffic over the network due to which operators are investing more in broadband networks thereby creating need of availability of better network technology such as voice over LTE in the market. According to a recent study report published by the Market Research Future, the global market of VoLTE (Voice over LTE) Technology is expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2018-2023.

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Key Players

Prominent key players in the VoLTE Technology Market include AT&T Inc. (U.S.), LG Uplus Corporation (South Korea), Nokia Corporation (Finland), Ericsson (Sweden), Verizon Wireless (U.S.), Alcatel-Lucent (France), KT Corporation (South Korea), Rogers Communication (Canada), Huawei Technologies Co. Ltd. (China) and SK Telecom Co. Ltd. (South Korea).

Mitel Networks Corporation (Canada), MetroPCS Communications (U.S.), Aptilo Networks (Sweden) are some other global players in the VoLTE Technology Market.

VoLTE (Voice over LTE) Technology Global Market - Segmentation

The VoLTE (Voice over LTE) Technology market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Device: Smartphones, Tablets/Laptops, Routers, and Wireless modem among others.

Segmentation by Technology : Voice over IP Multimedia subsystems (VoIMS), Circuit switch fall back (CSFB), Single Radio Voice Call Continuity (SRVCC), and Simultaneous voice & LTE (SVLTE) among others.

Segmentation by Regions: Geographical Regions - North America, Europe, Asia Pacific and Rest of The World.

Commenting on the report, an analyst from Market Research Future (MRFR)'s team said:

growing popularity of video conferencing and instant file transmission services by enterprises is the key trend for this market. With increasing investment of market players in network technologies such as 4 G or 5G network to serve the growing market various industries, especially the American and APAC countries are taking many initiatives to implement the VoLTE (Voice over LTE) Technology Market effectively in their region

Industry News:

June 2018 – AT&T announced to launch Narrowband Internet of Things (NB-IoT) to meet the growing needs of business customers for a wide range of IoT solutions in the U.S. and Mexico country. NB-IoT and LTE-M are Low-Power Wide-Area (LPWA) technologies that support massive IoT deployments. Both NB-IoT and LTE-M supports licensed spectrum and with carrier-grade security.

June 2018 - MTS, a Russian mobile operator, launched VoLTE (Voice over LTE) and Wi-Fi Calling technologies on its network. They are the first network provider offering this services in the Russian region.

June 2018- 4ka, a Slovenský mobilný operator, implemented video calling over LTE (VoLTE) and added seven Samsung models namely, Samsung Galaxy A3, Samsung Galaxy A5, Samsung Galaxy A6, Samsung Galaxy J6, Samsung Galaxy S7, Samsung Galaxy S7 Edge and Samsung Galaxy Note 8, supporting VoLTE to its portfolio.

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Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

List Of Tables

Table 1 VoLTE Technology Market: By Region, 2018-2023

Table 2 North America VoLTE Technology Market: By Country, 2018-2023

Table 3 Europe VoLTE Technology Market: By Country, 2018-2023

LIST OF FIGURES

FIGURE 1 Global VoLTE Technology Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter's Five Forces Analysis Of Global VoLTE Technology Market

Continued…

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