Market Research Reprots- Worldwide VoLTE (Voice over LTE) Ecosystem Market

VoLTE (Voice over LTE) Ecosystem Market
Size Worth $280 Billion by, 2021
Latest research report indicates that by 2021, VoLTE (Voice over LTE) subscriptions will
account for more than $280 Billion in annual service revenue.
Worldwide: New Report at Market Reports Center estimates that VoLTE service revenue will
grow at a CAGR of approximately 30% between 2018 and 2021. By the end of 2021, VoLTE
subscriptions will account for more than $280 Billion in annual service revenue
VoLTE (Voice over LTE) technology allows a voice call to be placed over an LTE network,
enabling mobile operators to reduce reliance on legacy circuit-switched networks. Powered by
IMS (IP Multimedia Subsystem) architecture, VoLTE brings a host of benefits to operators
ranging from the ability to refarm legacy 2G and 3G spectrum to offering their subscribers a
differentiated service experience through capabilities such as HD voice and video telephony.
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