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VoLTE Technology Market Size, Share, Growth Forecasts Analysis and Market Demand 2023

Information Technology

Updated on Oct 18, 2018

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Market Scenario:  


The major growth driver of VoLTE (Voice over LTE) Technology Market includes evolution of 4G LTE network, growing popularity of video conferencing and instant file transmission services by enterprises, and growing demand of efficient voice call services in telecommunication sectors among others.


Hence the market for VoLTE (Voice over LTE) Technology is expected to grow at XX% CAGR (2016-2022).


However, high price of calls and lack of technical expertise are some of the factors which are hindering the growth of VoLTE (Voice over LTE) Technology Market.


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Segments:


Segmentation by Device:


Smartphones


Tablets/Laptops


Routers


Wireless modem


Segmentation by Technology


Voice over IP Multimedia subsystems (VoIMS)


Circuit switch fall back (CSFB)


Single Radio Voice Call Continuity (SRVCC)


Simultaneous voice & LTE (SVLTE)


Key Players for VoLTE (Voice over LTE) Technology Market



  • AT&T Inc. (U.S.)

  • Verizon Wireless (U.S.)

  • Nokia Corporation (Finland)

  • Alcatel-Lucent (France)

  • Ericsson (Sweden)

  • KT Corporation (South Korea)

  • SK Telecom Co. Ltd. (South Korea)

  • Rogers Communication (Canada)

  • LG Uplus Corporation (South Korea)

  • Huawei Technologies Co. Ltd. (China)


Industry News:


- AT&T has announced in August 2016 that it is working with global leaders of technology such as Ericsson, Nokia Corporation, Samsung, Qualcomm Technologies, for faster deployment of 5G technologies.


-  Roger communication has launched Voice over LTE technology in Year 2015 cross Canada to provide fast and clear video calling services to its customers.


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Target Audience:


Research Organizations


Education institutes


Media


Web service providers


Telecom industries


Resellers and Distributors


Government Agencies


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