Global Voice over LTE Market Size study, by Technology (Voice over IP multimedia subsystem, Circuit switched fallback, Dual radio or simultaneous voice and LTE) by Device type (Smartphones, Routers, Wireless modems, Other) and Regional Forecasts 2021-2027

BIZ4412108
200 Pages
May 2021
ICT & Media

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Global Voice over LTE Market is valued approximately USD 3.7 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 56.75% over the forecast period 2021-2027. Voice over LTE (VoLTE) allows wireless providers to offer a new set of norms services known as Rich Communications Services. Video chat, data transfer, real-time speech recognition, video voicemail, and instant messaging are among the services available. To help continue IoT adoption, technology providers are expanding the use of VoLTE technology. Ericsson, for example, plans to expand the scope of voice over LTE by incorporating the platform into LTE-M deployments. IoT devices will be able to support both voice and data with this addition. VoLTE method is particularly well-suited to smartphones. It provides an incredible level of speed and bandwidth to the user. In recent years, five companies have collaborated to create 5G technology, including Samsung, Nokia, and Qualcomm. They are working to advance 5g technology, which would make the process simpler. Many businesses around the world have launched Voice over LTE services for their customers which has led the adoption of Voice over LTE across the forecast period. VoLTE market growth is expected to be fueled by faster call setup times due to lower latency and lower maintenance and operating costs. Operator adoption of VoLTE services is projected to drive growth in the Voice over LTE market throughout the forecast period. Globe Telecom of the Philippines announced in May 2020 the launch of its Voice Over LTE (VoLTE) service, as well as Voice Over WiFi (VoWiFi), with the goal of improving voice call experience for its customers, which will be a driving factor during the forecast period. However, the VoLTE market is expected to be hampered by a lack of carrier interoperability and a lack of VoLTE activated devices. Also, operators are extending networking networks with web real-time communication (WebRTC) and expanding indoor network coverage by offering VoWi-Fi services, creating a business opportunity.

Asia-Pacific will account for a large market share due to the region's 370 million new phone users until 2025, and according to Ericsson, Asia-Pacific will maintain its dominant position in the number of Voice over LTE subscriptions in 2024. The number of subscription services in Asia-Pacific is 3480.08 million, with Europe coming in second with 949.81 million. Furthermore, many developed economies, such as South Korea, Japan, and Australia, are eager to be world leaders in 5G, with much emphasis placed on the potential of new technological innovations and network devices that can run on 5G networks. The rest of the world is more circumspect. In many developing countries, 4G will continue to reign supreme until the middle of the next decade, taking into account for 70% of linkages by 2025.

Major market player included in this report are:

AT&T Inc.

LG Uplus Corporation

Nokia Corporation

Ericsson

Verizon

Alcatel-Lucent

KT Corporation

Rogers Communications

Huawei Technologies Co. Ltd.

SK Telecom Co. Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:

Voice over IP multimedia subsystem

Circuit switched fallback

Dual radio or simultaneous voice and LTE

By Device type:

Smartphones

Routers

Wireless modems

Others

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027

Target Audience of the Global Voice over LTE Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Voice over LTE Market, by Region, 2019-2027 (USD Billion)

1.2.2. Voice over LTE Market, by Technology,2019-2027 (USD Billion)

1.2.3. Voice over LTE Market, by Device type,2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Voice over LTE Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Voice over LTE Market Dynamics

3.1. Voice over LTE Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increasing IoT adoption

3.1.1.2. Increasing support to both voice and data

3.1.1.3. Lower maintenance cost

3.1.2. Market Challenges

3.1.2.1. Lack of interoperability

3.1.3. Market Opportunities

3.1.3.1. Expanding indoor network coverage

Chapter 4. Global Voice over LTE Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Voice over LTE Market, by Technology

5.1. Market Snapshot

5.2. Global Voice over LTE Market by Technology, Performance - Potential Analysis

5.3. Global Voice over LTE Market Estimates & Forecasts by Technology2018-2027 (USD Billion)

5.4. Voice over LTE Market, Sub Segment Analysis

5.4.1. Voice over IP multimedia subsystem

5.4.2. Circuit switched fallback

5.4.3. Dual radio or simultaneous voice and LTE

Chapter 6. Global Voice over LTE Market, by Device type

6.1. Market Snapshot

6.2. Global Voice over LTE Market by Device type, Performance - Potential Analysis

6.3. Global Voice over LTE Market Estimates & Forecasts by Device type2018-2027 (USD Billion)

6.4. Voice over LTE Market, Sub Segment Analysis

6.4.1. Smartphones

6.4.2. Routers

6.4.3. Wireless modems

6.4.4. Others

Chapter 7. Global Voice over LTE Market, Regional Analysis

7.1. Voice over LTE Market, Regional Market Snapshot

7.2. North America Voice over LTE Market

7.2.1. U.S.Voice over LTE Market

7.2.1.1. Technology breakdown estimates & forecasts, 2018-2027

7.2.1.2. Device type breakdown estimates & forecasts, 2018-2027

7.2.2. Canada Voice over LTE Market

7.3. Europe Voice over LTE Market Snapshot

7.3.1. U.K. Voice over LTE Market

7.3.2. Germany Voice over LTE Market

7.3.3. France Voice over LTE Market

7.3.4. Spain Voice over LTE Market

7.3.5. Italy Voice over LTE Market

7.3.6. Rest of EuropeVoice over LTE Market

7.4. Asia-PacificVoice over LTE Market Snapshot

7.4.1. China Voice over LTE Market

7.4.2. India Voice over LTE Market

7.4.3. JapanVoice over LTE Market

7.4.4. Australia Voice over LTE Market

7.4.5. South Korea Voice over LTE Market

7.4.6. Rest of Asia PacificVoice over LTE Market

7.5. Latin America Voice over LTE Market Snapshot

7.5.1. Brazil Voice over LTE Market

7.5.2. Mexico Voice over LTE Market

7.6. Rest of The World Voice over LTE Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. AT&T Inc.

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Product Summary

8.2.1.5. Recent Developments

8.2.2. LG Uplus Corporation

8.2.3. Nokia Corporation

8.2.4. Ericsson

8.2.5. Verizon

8.2.6. Alcatel-Lucent

8.2.7. KT Corporation

8.2.8. Rogers Communications

8.2.9. Huawei Technologies Co. Ltd.

8.2.10. SK Telecom Co. Ltd

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Voice over LTE market, report scope

TABLE 2. Global Voice over LTEmarket estimates & forecasts by Region 2018-2027 (USDBillion)

TABLE 3. Global Voice over LTEmarket estimates & forecasts byTechnology2018-2027 (USDBillion)

TABLE 4. Global Voice over LTEmarket estimates & forecasts byDevice type2018-2027 (USDBillion)

TABLE 5. Global Voice over LTEmarket by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 6. Global Voice over LTEmarket by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 7. Global Voice over LTEmarket by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 8. Global Voice over LTEmarket by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 9. Global Voice over LTEmarket by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 10. Global Voice over LTEmarket by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 11. Global Voice over LTEmarket by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 12. Global Voice over LTEmarket by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 13. Global Voice over LTEmarket by segment, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 14. Global Voice over LTEmarket by region, estimates & forecasts, 2018-2027 (USDBillion)

TABLE 15. U.S. Voice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 16. U.S. Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 17. U.S. Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 18. Canada Voice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 19. Canada Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 20. Canada Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 21. UKVoice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 22. UKVoice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 23. UKVoice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 24. Germany Voice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 25. Germany Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 26. Germany Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 27. RoEVoice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 28. RoEVoice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 29. RoEVoice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 30. China Voice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 31. China Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 32. China Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 33. India Voice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 34. India Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 35. India Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 36. Japan Voice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 37. Japan Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 38. Japan Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 39. RoAPACVoice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 40. RoAPACVoice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 41. RoAPACVoice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 42. Brazil Voice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 43. Brazil Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 44. Brazil Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 45. Mexico Voice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 46. Mexico Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 47. Mexico Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 48. RoLAVoice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 49. RoLAVoice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 50. RoLAVoice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 51. Row Voice over LTEmarket estimates & forecasts, 2018-2027 (USDBillion)

TABLE 52. Row Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 53. Row Voice over LTEmarket estimates & forecasts by segment 2018-2027 (USDBillion)

TABLE 54. List of secondary sources, used in the study of global Voice over LTE market

TABLE 55. List of primary sources, used in the study of global Voice over LTE market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

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Global Voice over LTE Market Size study, by Technology (Voice over IP multimedia subsystem, Circuit switched fallback, Dual radio or simultaneous voice and LTE) by Device type (Smartphones, Routers, Wireless modems, Other) and Regional Forecasts 2021-2027

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