Self Organizing Network Market Growth, Size, Share and Forecast to 2022

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World Voice Over LTE (VoLTE) Market - Opportunities and Forecasts,
2015-2022
World Voice Over LTE (VoLTE) Market is Expected to Garner $34.8 Billion by 2022 - Allied Market Research
A new report published by Allied Market Research titled, "World Voice LTE (VoLTE) Market" projects that
the world Voice over Long Term Evolution (VoLTE) market is likely to generate revenue of $34.8 billion by
2022, growing at a CAGR of 50.1% from 2016 to 2022. Asia-Pacific is expected to be the largest VoLTE
market during the forecast period on account of the early roll out of VoLTE and VoLTE enabled devices by
the operators in the developed countries in the region. Mobile operators around the world are
progressively heading towards VoLTE owing to the increasing investments in Long Term Evolution (LTE)
and IP Multimedia Subsystem (IMS).
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Among the different VoLTE technologies, Circuit-Switched Fall Back (CSFB) constitutes the highest market
share owing to its wide acceptance globally, as the end-goal solution for offering voice services over LTE.
Although, the technology requires specific modifications in the hardware infrastructure and utilizes
multiple data transition elements, it remains the utmost cost-effective solution for voice provision in LTE.
On the other hand, voice Over LTE Via Generic Access Network (VOLGA) is likely to be the fastest growing
technology, as for all the operators grappling with approaches for VoLTE, VOLGA offers short-term service
acceleration as well as long-term investment protection, which are designed to deliver profitable
telephony services.
VoLTE deployments are growing at an exponential rate worldwide, with developed countries taking the
lead. In 2015, Asia-Pacific generated the highest revenue, followed by North America. Even from a growth
perspective, Asia-Pacific would be one of the most lucrative markets, on account of the increasing
investments in the technology by the mobile operators, to capture the large subscriber base in developed
as well as emerging countries in the region.
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Key findings of the study:
VOLGA market is expected to exhibit a remarkable growth during the forecast period, attributed to faster
call setup times as compared to other technologies.
CSFB is likely to maintain its leading position as a widely used technology during the forecast period based
on speed and accuracy.
Industry participants focus on introducing new products with innovations and partnerships to improve
their market share.
VoLTE market comprises dominant players such as AT&T Inc., Huawei Technologies Co. Ltd., Ericsson, and
others. These market players primarily focus on the development of new technology, launch of novel
products with innovative variations, and partnerships & collaborations to strengthen their market
position.
The decline in revenue of voice calls and SMS necessitated the adoption of a standardized and viable
scheme for the provision of faster and uninterrupted 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 voice or data
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. The Voice over Long
Term Evolution (VoLTE) market is likely to generate revenue of $34.8 billion by 2022, growing at a CAGR
of 50.1% from 2016 to 2022.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. Technologies such as FDD and TDD would open new avenues for the VoLTE
sector. Besides this devices including smart phones, dongles and routers would create growth
opportunities.
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). Geographically, the market is divided across the four regions namely
North America, Europe, Asia-Pacific, and LAMEA, with their further bifurcation into the key countries.
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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., Metropcs, Nokia Solutions and Networks, Verizon Wireless,
Ericsson, and Huawei Investment & Holding Co., Ltd among others.
POTENTIAL BENEFITS FOR STAKEHOLDERS:
This study comprises analytical depiction of the world VoLTE market with the current trends and future
scenario to depict the investment pockets 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 20162022 to highlight the
financial competency of the market.
Porters Five Forces analysis of the industry illustrates the potency of the buyers and suppliers.
Value chain analysis provides a clear role of the different stakeholders involved.
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A new report published by Allied Market Research titled, "World Self-Organizing Networks (SON) Market" projects that the world self-organizing networks market is likely to garner revenue of $8.3 billion by 2022, with a CAGR of 11.1% from 2016 to 2022