The VoLTE ( Voice over LTE ) Ecosystem : 2016 – 2030 – Opportunities , Challenges , Strategies & Forecasts
The VoLTE ( Voice over LTE ) Ecosystem : 2016 – 2030 – Opportunities , Challenges , Strategies & Forecasts
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 .
VoLTE ( Voice over LTE ) Market Report estimates that VoLTE service revenue will grow at a CAGR of 34 % between 2016 and 2020 . By the end of 2020 , VoLTE subscribers will account for more than $ 200 Billion in revenue . Although traditional voice services will constitute a major proportion of this figure , nearly 15 % of the revenue will be driven by video calling and supplementary services .
The VoLTE ( Voice over LTE ) Ecosystem Market report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report .
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