Harrisburg, NC -- (SBWIRE) -- 04/13/2019 -- Global Voice over LTE Market Size, Status and Forecast 2019-2025
Voice over Long Term Evolution (VoLTE) is a digital packet voice service which is delivered over internet protocol (IP) via LTE network access. The technology also empowers the network operators for providing rich video and voice calling services. It allows the operators to optimize their spectrum efficiency and utilize their IMS infrastructure thereby adding value to their existing plans. It allows the telecom operators to offer new standards based on various services such as Rich Communication Services (RCS). It includes voicemail, video, instant messaging, real time language translation and video calling. The RCS reduces the timing interval to connect VoLTE calls and improve the device's battery life over other applications.
The Global Voice over LTE market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2019-2025.
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Top Leading Companies are: Alcatel-Lucent,At and T,Ericsson,Huawei Technologies,Kt,Lg Uplus,Metropcs,Nokia Solutions And Networks,Sk Telecom,Verizon Wireless
Increasing demand for richer and more reliable voice services is expected to drive the VoLTE market. Increased spectrum efficiency is expected to support the industry demand from 2017 to 2025. The declining revenue of SMS and traditional voice calling owing to cheaper internet packs and new upcoming technologies have driven the demand for the VoLTE services in recent years. Increased deployment of LTE networks and high speed package access (HSPA) has attracted varied telecom operators to enter into this industry.
The necessity of receiver and transmitter (communication devices) supporting VoLTE technology, high pricing structure and limited 4G coverage is expected to restrain the industry growth over the forecast timeline. As voice calling, internet surfing and video streaming will be considered under same data plan, the customers will eventually consume more data ending up paying high for the data charges.
Contents of the 15 Chapters for This Voice over LTE Market Study:-
Chapter 1, to describe Voice over LTE Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Voice over LTE , with sales, revenue, and price of Voice over LTE , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Voice over LTE, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Voice over LTE market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Voice over LTE sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Voice over LTE Market, by Type:
Frequency Division Duplexing (FDD)
Time Division Duplexing (TDD)
Voice over LTE Market, by End User:
Network Operators
Main Suppliers
Indian telecom operator Reliance has launched free introductory Jio 4G net services for 6 months in India as a strategy to acquire the maximum market share. This introductory offer has benefited Reliance Jio to acquire the maximum market share in its launching phases of Indian telecom industry. Moreover, the company is also offering its LYF smart mobiles for about US$ 46 by integrating the business vertically thereby forcing other operators to slash their existing data prices. As an effect, Bharti Airtel, Idea and Vodafone are planning to roll out VoLTE services in the country by the end of September 2017.
Key industry participants are AT&T Inc, Verizon Wireless, Mitel Networks Corporation, Ericsson, LG Uplus, and Alcatel-Lucent. Mergers and acquisitions are the key competitive strategies adopted by the industry players. For instance, in February 2016, Mitel Corporation has deployed voice and video over LTE in Indonesia through Smartfren telecom operator. Indonesia is the fifth country where Mitel has introduced its VoLTE services after North America and Europe by collaborating with telecom operators T-Mobile in US and 3UK in Europe.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Voice over LTE Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Voice over LTE Market Carrier and assist manufacturers and investment organization to better grasp the development course of Voice over LTE Market.
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Important attributes of the report:
The 360-degree Voice over LTE overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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