NEWS:Global Voice Over LTE Market is projected to reach a value of over USD 8.1 billion by 2027
Voice over LTE Market: Summary
The Global Voice Over LTE Market is projected to reach a value of over USD 8.1 billion by 2027 at a CAGR of around 51.2%.
It is a digital packet technology which uses 4G LTE network for the voice traffic and for data transmit. It used for downloading, streaming, web browsing and improving call qualities. These services are used for high speed wireless communication in the smartphone, IoT devices, data terminals and wearables. This platform is based on IP multimedia subsystem which permit for the delivery of multimedia as data with the common IP interface.
Voice over LTE Market: Drivers & Challenges
Market Driver:
- Enhance Quality of Service (QoS) and Security
It provides the High Definition (HD) voice quality which improve the voice quality in calls. Also it uses a wider frequency range which permit to reduce the background noise and enhance the caller voice. The set-up time of the services is very less as compare to another which will able to process quickly. It enables Wi-Fi calling to improve the indoor voice coverage and use next generation voice codec technology to enhance it features.
Hence, Quality of Service (QoS) and security will lead to improve the market performance in the forecast period.
Get Sample Copy of This Report @
https://www.forencisresearch.com/voice-over-lte-market-sample-pdf/
- Deliver Rich Communications Services (RCS)
The voice over LTE will enhance the wireless operators to deliver a new set of standard based services for the rich communication services. It help to provides service like video calling, file transferring, video voicemail and language transferring. The applications are delivered over cellular data services using third party applications. Some of the services which provides by IPhone user are the FaceTime for the video calling, Skype for the video calls and for messenger services and also Goggle offers Google translate services. Moreover, it will increasing the efficiency, reducing operational and maintenance costs.
Hence, the delivery of rich communication service (RCS) is projected to enhance the voice over LTE market.
Market Challenges:
- Not Supported by Every Phone
The support of voice over LTE is not being supported by every phone or every network which may hinder the growth of the market in the forecast period. The phone which been bought before the Jio revolution, won’t have the facilities for the VoLTE in the smartphones. Some of the example which does not support VoLTE features Xiaomi Mi4 in India. Whereas, IPhone 6, Samsung Galaxy S5 and LG G Flex support the VoLTE.
However, their services may not be available in every areas which may limit the growth of the market.
Voice over LTE Market: Key Segments
- Segmentation based on Technology: Circuit Switch Fall Back (CSFB), Single Radio Voice Call Continuity (SRVCC), Voice over IP Multimedia Subsystems (VoIMS) and Simultaneous Voice and LTE (SVLTE).
- Segmentation based on Device: Smartphone, Tablets, Routers and Others.
- Segmentation based on End-User: Media, Research Organizations, Education institutes, Government Agencies and Others.
- Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, and Middle East & Africa with individual country-level analysis.
Request for Methodology of This Report @
https://www.forencisresearch.com/voice-over-lte-market-request-methodology/
Voice over LTE Market: Report Scope
The report on the voice over LTE Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features
Specifics
Historical/Estimated/Forecasted Market Size Years
2019–2027
Base Year for Market Calculation
2020
Forecasted Period
2021–2027 (2021 estimated year, forecasted up to 2027)
Measured Units
Value (USD Million)
Segments Included
Technology, Device Type, End-Use, and Region
Regional Coverage
North America, Asia-Pacific, Europe, Middle East & Africa, South America
Key Companies Covered
- ALE International (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- Ericsson
- AT&T Inc.
- Huawei Technologies Co., Ltd.
- LG Uplus Corp.
- KT Corp.
- Nokia
- T-Mobile USA, INC
- SK TELECOM CO., LTD
- Verizon Wireless
- Other Key Companies
Consult with Analyst @
https://www.forencisresearch.com/voice-over-lte-market-consult-with-an-analyst/
Voice over LTE Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Voice over LTE Market, by Technology
- Circuit Switch Fall Back (CSFB)
- Single Radio Voice Call Continuity (SRVCC)
- Voice over IP Multimedia Subsystems (VoIMS)
- Simultaneous Voice and LTE (SVLTE)
Voice over LTE Market, by Device Type
- Smartphone
- Tablets
- Routers
- Others
Voice over LTE Market, by End-Use
- Media
- Research Organizations
- Telecom industries
- Education institutes
- Government Agencies
- Others
Voice over LTE Market, by Region
- North America
- US
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- Taiwan
- South Korea
- Rest of Asia-Pacific
- Europe
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
- Middle East & Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
- South America
- Brazil
- Argentina
- Rest of South America
Key Questions Answered By The Report
- What are the prominent developments affecting the market worldwide and its growth?
- What will be the impact of the developments in the market on the industry and on the market players in the future?
- What are the evolving variations of the market globally?
- What are the evolving functions of the market globally?
- What are the prominent aspects that will affect market growth globally during the study period?
- Who are the key players operating in the market across the globe?
- How are the key players leveraging in the present market scenario worldwide?
Purchase this Premium Industry Research Report with Analysis @
https://www.forencisresearch.com/voice-over-lte-market-purchase-now/
Table of Content
1 Introduction
2 Research Design & Scope
3 Executive Summary
4 Market Dynamics
5 Industry Trends — Porters Five Forces Analysis
6 GLOBAL VOICE OVER LTE MARKET BY TECHNOLOGY, Market Size in USD Million (2019–2027)
7 GLOBAL VOICE OVER LTE MARKET BY DEVICE TYPE, Market Size in USD Million (2019–2027)
8 GLOBAL VOICE OVER LTE MARKET BY END-USER, Market Size in USD Million (2019–2027)
9 GLOBAL VOICE OVER LTE MARKET BY REGION, Market Size in USD Million (2019–2027)
10 Competitive Landscape
11 Company Profiles
12 Appendix
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.
Contact Us
FORENCIS RESEARCH
Phone: +1 (720) 306 9020
Email: info@forencisresearch.com
For more market research insights, please visit https://www.forencisresearch.com
