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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.
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.
Market Analysis and Insights: Global VoLTE Market
The global VoLTE market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX%% during 2021-2026.
Global VoLTE Scope and Market Size
VoLTE market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global VoLTE market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Alcatel-Lucent
AT&T
KT
LG Uplus
SK Telecom
T-Mobile US
Ericsson
Huawei Technologies
Cisco Systems
D2 Technologies
VoIMS
CSFB
Others
Private
Commerce
North America
Europe
China
Japan
Southeast Asia
India
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.
Market Analysis and Insights: Global VoLTE Market
The global VoLTE market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX%% during 2021-2026.
Global VoLTE Scope and Market Size
VoLTE market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global VoLTE market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
The key players covered in this study
Alcatel-Lucent
AT&T
KT
LG Uplus
SK Telecom
T-Mobile US
Ericsson
Huawei Technologies
Cisco Systems
D2 Technologies
Market segment by Type, the product can be split into
VoIMS
CSFB
Others
Market segment by Application, split into
Private
Commerce
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
