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VoLTE market growing steadily at 47.46% CAGR to 2021 according to new research report

VoLTE market growing steadily at 47.46% CAGR to 2021 according to new research report

VoLTE Market a new research document covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like Americas, APAC, EMEA and important players/vendors such as AT&T, Ericsson, Nokia, SK Telecom, and T-Mobile etc. The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-2021.

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VoLTE Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Complete report on the VoLTE Market Research Report spread across 71 pages, profiling 33 companies with table of content is now available at  www.reportsnreports.com/contacts/.aspx?name=1150481 .

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Other Prominent Vendors in the market are: Bell Canada, Bharti Airtel, Bouygues Telecom, Celcom Axiata, Cisco, DNA, DTAC, Huawei, Kcell, KT, KPN, LG Uplus, Mavenir Systems, Mobile TeleSystems, Mobitel, Orange, Rogers Communications, Saudi Telecom Company, SFR, Smart Communications, Swisscom, Tata DoCoMo (Teleservices), TDC, Telekom Austria, Telenor, TELUS, Turkcell, and Vodafone.

One trend in the market is enhanced efficiency of VoLTE device batteries. The access to a wide range of handsets influences subscribers to choose or reject different wireless communication technologies.

The simplicity of the VoLTE architecture ensures several operational benefits to the network operators and also ensures cost-effectiveness. VoLTE network allows voice and data on the same network, eliminating the need for separate networks.

According to the report, one driver in the market is increase in shipments of LTE-enabled computing devices. The deployment of LTE networks is increasing in developed and developing economies, and the unit shipment of LTE-enabled computing devices across different regions is increasing rapidly.

The shipment of LTE devices doubled between 2014 and 2015, rising to around 900 million units from around 450 million units. China accounted for the highest growth rate, and the LTE-enabled device shipments in the country tripled from 90 million units in 2014 to approximately 300 million units in 2016.

It is expected that LTE-enabled devices will account for around 50% of all the smartphone shipments, and this percentage will increase to over 72% of the market by 2020.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Access this Report at http://www.reportsnreports.com/.aspx?name=1150481 .

Further, the report states that one challenge in the market is signaling issue that hinders seamless communication. The process of initiating an interactive communication session among users through a controlled signaling technique is a challenging task.

There are two standards for the signaling and monitoring of Voice over Internet Protocol (VoIP), namely H.323 and session initiation protocol. These protocols provide similar signaling functionalities but do not support quality of service (QoS) guarantees and resource reservation.

The mobile Voice over Internet Protocol (mVoIP) applications must maintain active sessions with keep-alive messages to stay connected to incoming calls. These frequent messages result in a large signaling load on the network.

The report covers the present scenario and the growth prospects of the global VoLTE market for 2017-2021. To calculate the market size, the report considers the total global VoLTE subscriptions as well the number of commercial networks deployed.

VoLTE technology enables voice calls over an LTE network, in comparison to the previously used technology supporting voice calls over 2G and 3G networks. This technology is similar to VoIP which is applied to support voice calls over a broadband connection.

The difference between VoIP and VoLTE is that VoIP sends voice over the circuit-switched network, but VoLTE sends voice calls over IP-based LTE networks. VoLTE is used among enterprises as well as individual consumers for video and voice services.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                                               

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?       

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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