The decline in revenue of voice calls and SMS necessitated the adoption of standardized and viable scheme for the provision of voice and SMS services. As the mobile network operators continue with the full-fledged implementation of 4G long-term evolution (LTE) network, the development of voice over LTE (VoLTE) is providing a platform of choice for voice call delivery by network operators. The scheme of VoLTE was devised owing to the need of a standardized system for traffic transfer over LTE. The 4G LTE network is the mainstream foundation for the emergence of VoLTE. 4G LTE provides around 20 times faster speed than 3G broadband technology. Moreover, it reduces battery drain rate more efficiently than 3G technology. Despite the deployment of 4G LTE network for data, many service providers still prefer 3G CDMA and GSM platforms for voice calls. VoLTE is a long-term solution for voice calls as it is designed for replacement of conventional mobile voice platforms by easy integration of voice over Internet protocol (VoIP) services, including landline networks.
Initially, LTE was identified as a data carrier for IP cellular system and voice could be carried either by using VoIP or by regressing to 2G/3G systems. Though there was notable traffic reduction, there were compatibility issues that barred communications in many phones. The VoLTE market is emerging with trends such as VoLTE and VoWi-Fi integration. The growing popularity of VoLTE services for video conferencing and file sharing have increased the rate of adoption of VoLTE in enterprises. The data and voice capacity of VoLTE is six times more than 2G GSM and up to three times more than 3G UMTS. Moreover, the bandwidth utilization rate in VoLTE is less owing to the smaller packet headers.
The VoLTE market is segmented on the basis of technology, end user, and geography. The technologies of VoLTE include voice over IP multimedia subsystem (VoIMS), circuit-switched fall back (CSFB), dual radio/simultaneous voice and LTE (SVLTE), voice over LTE via generic access network (VOLGA), and single radio voice call continuity (SRVCC). While geographically, the market is divided across North America, Europe, Asia-Pacific, and LAMEA.
The market comprises key manufacturers such as Alcatel-Lucent S.A., AT&T Inc., KT Corporation, LG Uplus Corp., SK Telecom Co. Ltd., T-Mobile US Inc., Ericsson, and Huawei Investment & Holding Co., Ltd among others.
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POTENTIAL BENEFITS FOR STAKEHOLDERS:
This study comprises analytical depiction of the global VoLTE market with the current trends and future scenario to depict the investment pockets in the market.
Determination of the overall market potential and to outstand the profitable trends for gaining stronger coverage in the market.
The report provides information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed and forecasted for the years 2015–2022 which would highlight the financial competency of the market.
Porter’s Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers.
Value chain analysis provides a clear role of the stakeholders involved.
The market is segmented on the basis of technology and geography.
MARKET BY TECHNOLOGY
Voice Over IP Multimedia Subsystem (VoIMS)
Circuit-Switched Fall Back (CSFB)
Dual Radio/Simultaneous Voice and LTE (SVLTE)
Voice Over LTE Via Generic Access Network (VOLGA)
Single Radio Voice Call Continuity (SRVCC)
MARKET BY GEOGRAPHY
Rest of Europe
Rest of Asia-Pacific
LG Uplus Corp.
SK Telecom Co. Ltd.
T-Mobile US. Inc.
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