SMB Telecom Voice And Data Services Market Research and Forecast
KMI analysts forecast the SMB telecom voice and data services market in the US to grow at a CAGR of 6.36% during the period 2017-2021.
The SMB telecom voice and data services market in the US saw an increased number of subscribers in 2016. This is the only sector that touches technology-related businesses and offers services such as wireless communication, fiber optics, the Internet, and satellites to the US enterprise segment.
The SMB segment of the US enterprises relies heavily on such services.
The report covers the present scenario and the growth prospects of the SMB telecom voice and data services market in the US for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
KMI report, SMB Telecom Voice and Data Services Market in the US 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.
According to the report, one of the major drivers for this market is Demand of quality over voice services in US. The benefit of VoLTE is that the quality of the call is better than 2G and 3G connections and also more data can be transferred over 4G as compared to 2G and 3G.
Traditionally, voice networks transmit voice calls using 8 Kbps codec, but VoLTE transmits voice calls using 13 Kbps codec. These results in clearer phone calls compared with a typical cellular phone call.
The efficiency of VoLTE is three times that of 3G and six times that of 2G. It makes the person's voice and tone clearer on the other end of the line.
Hence, a VoLTE call is an HD voice call, and it offers a much richer experience altogether.
Further, the report states that one of the major factors hindering the growth of this market is Intense competition from OTT VoIP services. The VoLTE market is experiencing intense competition from OTT VoIP services.
OTT applications such as Skype, WhatsApp, Viber, Google Voice, and online video games and movies (Netflix, Youtube, and Pandora) create a challenge for the global VoLTE market.
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