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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