Voice over long-term evolution (VoLTE) is a technical specification that defines the standards and processes used to deliver voice communications and data over 4G LTE networks.This is a way to create, configure, and manage high-speed voice, video, and messaging services on 4G wireless networks for mobile and portable devices.It uses the spectrum more efficiently than traditional speech;Meet the growing demand for richer, more reliable services;Eliminating the need to have voice on one network and data on another;Using IMS as a universal service platform to unlock new revenue potential;It can be deployed in parallel with video calls on LTE and RCS multimedia services, including video sharing, multimedia messaging, chat and file transfer.
This report contains market size and forecasts of Voice Over Long-Term Evolution (VoLTE) in Global, including the following market information:
Global Voice Over Long-Term Evolution (VoLTE) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Voice Over Long-Term Evolution (VoLTE) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Voice Over IP Multimedia Subsystem (VoIMS) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Voice Over Long-Term Evolution (VoLTE) include AT＆T, Cisco Systems, Huawei Technologies, Ericsson, LG Uplus, Nokia Networks, SK Telecom, T-Mobile and Bharti Airtel, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Voice Over Long-Term Evolution (VoLTE) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Voice Over Long-Term Evolution (VoLTE) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Voice Over Long-Term Evolution (VoLTE) Market Segment Percentages, by Type, 2021 (%)
Voice Over IP Multimedia Subsystem (VoIMS)
Circuit Switched Fall Back (CFSB)
Dual Radio/Simultaneous Voice and LTE (SVLTE)
Voice Over LTE Via Generic Access Network (VOLGA)
Single Radio Voice Call Continuity (SRVCC)
Global Voice Over Long-Term Evolution (VoLTE) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Voice Over Long-Term Evolution (VoLTE) Market Segment Percentages, by Application, 2021 (%)
Commercial
Government
Other
Global Voice Over Long-Term Evolution (VoLTE) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Voice Over Long-Term Evolution (VoLTE) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Voice Over Long-Term Evolution (VoLTE) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Voice Over Long-Term Evolution (VoLTE) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
AT＆T
Cisco Systems
Huawei Technologies
Ericsson
LG Uplus
Nokia Networks
SK Telecom
T-Mobile
Bharti Airtel
Verizon Wireless
Bell Canada
Vodafone Group
Reliance Jio Infocomm
KT Corporation
Orange SA
Alcatel-Lucent
D2 Technologies