Global VoLTE Market to grow at a CAGR of 100.64% over the period 2015-2019
The report forecasts the global VoLTE market to grow at a CAGR of 100.64% over the period 2014-2019 in terms of subscriber base. The global VoLTE commercial networks deployment is growing at a CAGR of 36.03%.
Some emerging trends such as the integration of VoLTE and VoWi-Fi and increasing popularity of VoLTE services among enterprises have increased the adoption level of VoLTE services and opens up a new source of revenue for the market. Enterprises use VoLTE services for file sharing and video conferencing.
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According to the report, the VoLTE market is driven by various factors such as an increase in the deployment of LTE networks, a rapid increase in the shipments of LTE-enabled handsets, and increasing demand for quality over voice services. In the developed countries, the shipments of LTE-enabled handsets are very high because of the early deployment of LTE networks. APAC emerges as a major promising market for VoLTE services.
Further, the report states that the market is also facing severe challenges that are responsible for hindering the growth of the market. In most parts of APAC and MEA, the roll-out of LTE is still going on or has not yet been announced because of the inadequate backhaul infrastructure and limited availability of devices.
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Table of Content
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
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