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2014/12/02

A Closer Look at the Global VoLTE Market Ahead - Unified Communications

 

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December 01, 2014

A Closer Look at the Global VoLTE Market Ahead



By Joe Rizzo , TMCnet Contributing Writer
 

Voice over LTE (News - Alert) (VoLTE) allows mobile network operators to offer rich voice, video and messaging services as a core offering. VoLTE enables operators to use their data network to transmit voice services in small sized packets and it helps to increase spectrum efficiency and reduce operational and maintenance costs, due to the fact that only one network is used. In addition, VoLTE enables operators to offer a new set of standards based services referred to as Rich Communication Services or RCS which include video calling, real time language translation, video voicemail and instant messaging.

The major market for LTE is in the Americas and that for voice over Long-Term Evolution is in the Asia-Pacific region, which is expected to grow at a CAGR of 54.20 percent from 2014 to 2020. Based on the technology, the VoLTE market can be divided into Circuit Switched Fallback (CSFB), Voice over IP multimedia subsystem (VoIMS) and Dual radio or Simultaneous Voice and LTE (SV LTE). The CSFB market accounted for major share in 2013, but the VoIMS is expected to grow faster as compared to CSFB and SV LTE in the next 6 years.

It is because of this type of growth that today, Research and Markets has announced that it will be adding a new analysis report to its offerings. The newest report will be entitled "Voice over LTE Market by Long-Term Evolution, by Technology and by Geography - Analysis & Forecast to 2014 – 2020." Some of the key topics in the report will include premium insights, market overview, industry trends, market by technology and VoLTE market by geography...Read More



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