A new market study, titled “The VoLTE (Voice over LTE) Ecosystem: 2018 - 2030 - Opportunities, Challenges, Strategies & Forecasts”, has been featured on MarketResearchReport.biz.
Albany, NY -- (SBWIRE) -- 07/02/2018 -- 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 continuing to gain momentum globally. As of Q2'2018, more than 140 mobile operators have commercially launched VoLTE services, and several roaming and interoperability agreements are already in place.
SNS Telecom & IT estimates that VoLTE service revenue will grow at a CAGR of approximately 30% between 2018 and 2021. By the end of 2021, VoLTE subscriptions will account for more than $280 Billion in annual service revenue. Although traditional voice services will constitute a major proportion of this figure, more than 16% of the revenue will be driven by voice based IoT applications, video calling and supplementary services.
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The "VoLTE (Voice over LTE) Ecosystem: 2018 – 2030 – Opportunities, Challenges, Strategies & Forecasts" report presents an in-depth assessment of the VoLTE ecosystem including market drivers, challenges, enabling technologies, applications, key trends, standardization, regulatory landscape, mobile operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for VoLTE-capable device shipments, subscriptions, service revenue and infrastructure investments from 2018 till 2030. The forecasts cover 14 submarkets and 6 regions.
The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
The report has the following key findings:
By 2021, SNS Telecom & IT estimates that VoLTE subscriptions will account for over $280 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.
Besides smartphones, VoLTE technology is increasingly being integrated into other devices including feature phones, IoT modules and wearables such as smart watches.
In certain technically advanced markets, mobile operators have already begun the process of switching off their legacy circuit switched 2G and 3G networks, as voice traffic transitions to VoLTE networks.
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 VoLTE infrastructure vendor arena is continuing to consolidate with several prominent M&A deals such as the merger of Sonus Networks and GENBAND to form Ribbon Communications, Cisco's acquisition of BroadSoft, and Metaswitch Networks' acquisition of OpenCloud to offer a pure-play software VoLTE solution.
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The report covers the following topics:
Market drivers and barriers
VoLTE infrastructure, devices, roaming and interconnection technology
Case studies of over 20 commercial VoLTE deployments
OTT mobile voice and video services
Complimentary technologies including Wi-Fi calling, RCS and WebRTC
Vertical market opportunities including voice based IoT applications and MCPTT (Mission Critical Push-to-Talk) voice services
VoLTE services over MVNO networks
Service assurance platforms for VoLTE
Regulatory landscape, collaborative initiatives and standardization
Industry roadmap and value chain
Profiles and strategies of more than 100 leading ecosystem players including device OEMs, VoLTE solution providers and mobile operators
Strategic recommendations for VoLTE solution providers and mobile operators
Market analysis and forecasts from 2018 till 2030
VoLTE subscription, service revenue, device and infrastructure revenue forecasts are provided for each of the following submarkets and their subcategories:
Smartphones & Phablets
Smartwatches & Wearables
Tablets, CPEs & Other Devices
VoLTE Subscriptions & Services
Video & Supplementary Services
Voice Based IoT Applications
CSCF (Call Session Control Function) Servers
SBCs (Session Border Controllers)
VoLTE Application Servers
Other IMS Elements (HSS, BGCF, MGCF & MRF)
VoLTE-Capable Policy Control Solutions
Latin & Central America
Middle East & Africa
Key Questions Answered:
The report provides answers to the following key questions:
How big is the VoLTE opportunity?
What trends, challenges and barriers are influencing its growth?
How is the ecosystem evolving by segment and region?
What will the market size be in 2021 and at what rate will it grow?
Which regions and countries will see the highest percentage of growth?
How will VoLTE-capable device shipments grow over time?
Who are the key market players and what are their strategies?
How can VoLTE help operators in reducing the flow of voice subscribers to OTT application providers?
What are the prospects of Wi-Fi calling, RCS and WebRTC?
What much will operators invest in VoLTE service assurance solutions?
How can mobile operators and MVNOs capitalize on VoLTE to drive revenue growth?
How can VoLTE help operators in refarming their 2G and 3G spectrum assets?
What is the status of international roaming and VoLTE-to-VoLTE interconnection agreements?
What strategies should VoLTE solution providers and mobile operators adopt to remain competitive?
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List of Companies Mentioned:
The following companies and organizations have been reviewed, discussed or mentioned in the report:
3GPP (3rd Generation Partnership Project)
AIS (Advanced Info Service)
ARIB (Association of Radio Industries and Businesses, Japan)
ASUS (ASUSTeK Computer)
ATIS (Alliance for Telecommunications Industry Solutions, United States)
BBK Electronics Corporation
CCN (Cirrus Core Networks)
CCSA (China Communications Standards Association)
Cellwize Wireless Technologies
China Mobile Hong Kong
DT (Deutsche Telekom)
DTAC (Total Access Communication)
Du (Emirates Integrated Telecommunications Company)
ETRI (Electronics and Telecommunications Research Institute, South Korea)
ETSI (European Telecommunications Standards Institute)
Foxconn Technology Group
Fraunhofer IIS (Institute for Integrated Circuits)
HPE (Hewlett Packard Enterprise)
IEEE (Institute of Electrical and Electronics Engineers)
ITU (International Telecommunications Union)
KISDI (Korea Information Society Development Institute)
NewNet Mobile Communications
Reliance Jio Infocomm
Rohde & Schwarz
Sony Mobile Communications
Telecom Italia Group
Telefónica Germany (O2)
Telefónica UK (O2)
Three Hong Kong
TIM (Telecom Italia Mobile)
T-Mobile Czech Republic
TNS (Transaction Network Services)
TSDSI (Telecommunications Standards Development Society, India)
TTA (Telecommunications Technology Association of Korea)
TTC (Telecommunication Technology Committee, Japan)
Vodafone Czech Republic
Vodafone Hutchison Australia
W3C (World Wide Web Consortium)
WBA (Wireless Broadband Alliance)
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