Voice over LTE Market by Long-Term Evolution (Technology-FDD and TDD, End User Devices-Smart Phones, Dongles, and Routers), by Technology (CSFB, VOIMS, and Dual Radio/SVLTE), and by Geography - Analysis & Forecast to 2014 - 2020
The voice over LTE is garnering more value due to its various features and technologies that are used in the voice over LTE market. The advantages provided by VoLTE such as High Definition (HD) voice, Rich Communication Services (RCS), faster call setup times, and true device interoperability, integration of voice over LTE with voice over Wi-Fi service, and improved battery life over other network technologies— have attracted the new users towards it. The CFSB technology held the highest market share in 2013 but the VoIMS technology is estimated to experience a better growth in the near future.
The voice over LTE market accounts for the largest market share in developed economies like the APAC. The Americas and Europe are also estimated to grow at a high rate in the projected years. The key players in the VoLTE market include Huawei Technologies Co. Ltd. (China), Nokia Solutions and Networks (Finland), Ericsson (Sweden), Alcatel-Lucent (France),LG Uplus (South Korea), SK Telecom (South Korea), Metro PCS (U.S.), AT&T Inc. (U.S.), KT Corp. (South Korea), and Verizon Wireless (U.S.), among others.
The report provides a detailed view of the VoLTE and LTE market with regard to the subscriptions, LTE and VoLTE network launches, and LTE and VoLTE technologies market; and also presents detailed market segmentation, with qualitative and quantitative analysis of each and every aspect of the segmentation; done by technology, LTE end user devices, and on the basis of the LTE and VoLTE market, by geography. All the numbers in terms of the volume and revenue, at every level of report, are forecasted from 2014 to 2020.
1.1 OBJECTIVES OF THE STUDY
1.2 MARKETS COVERED
1.3 STAKEHOLDERS
1.4 MARKET SCOPE
2 RESEARCH METHODOLOGY
2.1 FACTOR ANALYSIS
2.1.1 INCREASED SPECTRUM EFFICIENCY
2.1.2 OTHERS, SUCH AS NO CARRIER INTEROPERABILITY
2.2 MARKET SIZE ESTIMATION
2.3 MARKET CRACKDOWN & DATA TRIANGULATION
2.4 MARKET SHARE ESTIMATION
2.4.1 KEY DATA TAKEN FROM SECONDARY SOURCES
2.4.2 KEY DATA FROM PRIMARY SOURCES
2.4.2.1 Key Industry Insights
2.4.3 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS-VOLTE AND LTE MARKET
4.1 ATTRACTIVE MARKET OPPORTUNITY IN VOLTE MARKET
4.2 VOLTE MARKET- TOP THREE TECHNOLOGY SEGMENTS
4.3 VOLTE MARKET IN DIFFERENT REGIONS
4.4 APAC COMMANDED THE LARGEST SHARE AMONG ALL REGIONS IN 2013
4.5 VOLTE MARKET, BY TECHNOLOGY
4.6 VOLTE SERVICES MARKET, BY APPLICATION
4.7 VOLTE MARKET, BY TECHNOLOGY: BY REGION
4.8 ATTRACTIVE MARKET OPPORTUNITY IN LTE MARKET
4.9 LTE MARKET: END USER DEVICES
4.10 LTE MARKET IN DIFFERENT REGIONS
4.11 AMERICAS COMMANDS THE LARGEST SHARE AMONG ALL REGIONS
4.12 LTE END USER DEVICES’ MARKET: BY GEOGRAPHY
4.13 LTE MARKET: SMARTPHONES VS DONGLES
4.14 LTE MARKET, BY END USER DEVICE: TOP THREE DEVICES
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 HISTORY AND EVOLUTION
5.3 MARKET SEGMENTATION
5.4 VOICE OVER LTE MARKET SEGMENTATION
5.4.1 VOICE OVER LTE MARKET, BY TECHNOLOGY
5.4.2 VOICE OVER LTE MARKET BY GEOGRAPHY
5.5 LTE MARKET SEGMENTATION
5.5.1 LTE MARKET, BY TECHNOLOGY
5.5.2 LTE MARKET, BY END USER DEVICE
5.6 MARKET DYNAMICS
5.7 MARKET DRIVERS
5.7.1 INCREASED SPECTRUM EFFICIENCY IS MOTIVATING THE TELECOM OPERATORS TO ADOPT VOLTE SOLUTIONS
5.7.2 FASTER CALL SET UP TIME DUE TO REDUCED LATENCY IS ATTRACTING SUBSCRIBERS TOWARD THE VOLTE SERVICES
5.7.3 REDUCED OPERATIONAL AND MAINTENANCE COSTS ARE DRIVING THE VOLTE MARKET
5.7.4 INCREASED ADOPTION OF VOLTE BY OPERATORS HAS BEEN FUELLING THE GROWTH OF THE VOLTE SERVICES
5.8 MARKET RESTRAINTS
5.8.1 LESS AVAILABILITY OF VOLTE ENABLED DEVICES IS AN OBSTACLE FOR THE GROWTH OF VOLTE MARKET
5.8.2 NO CARRIER INTER-OPERABILITY IS A RESTRAINING FACTOR FOR VOLTE
5.9 MARKET OPPORTUNITIES
5.9.1 TRUE DEVICE INTEROPERABILITY WILL PROVIDE OPERATORS WITH OPPORTUNITIES TO INCREASE THEIR CUSTOMER BASE
5.9.2 VARIABLE PRICING STRATEGIES BY OPERATORS WILL PROVIDE OPPORTUNITIES FOR EARLY ADOPTERS TO INCREASE THEIR MARKET SHARE
5.9.3 NETWORK FUNCTION VIRTUALIZATION SOLUTIONS FOR VOLTE PROVIDE OPPORTUNITIES FOR OPERATORS AND NETWORK INFRASTRUCTURE PROVIDERS TO ESTABLISH COMPETENT POSITION IN THE EMERGING VOLTE MARKET
5.9.3.1 Advantages of Network Function Virtualized IMS
5.9.3.2 Virtualized Multitenant Model for IMS core
5.9.4 GROWING DEMAND FOR MOBILE UC IS FUELLING THE GROWTH OF THE VOLTE MARKET
5.9.5 INTEGRATION OF VOLTE WITH VOICE OVER WI-FI SERVICE WILL HELP THE OPERATORS TO ATTRACT MORE SUBSCRIBERS
5.1 CHALLENGES
5.10.1 COMPETITION AGAINST OVER-THE-TOP(OTT) APPLICATIONS SUCH AS SKYPE, WHATSAPP, VIBER, LINE, OR IMESSAGE
5.10.2 IMPLEMENTATION CHALLENGES FOR VOLTE
5.10.3 VOICE OVER LTE NETWORK CARRIERS ARE FACING ISSUES IN DEFINING THE QUALITY OF SERVICE (QOS) PARAMETERS FOR LTE NETWORK
5.10.4 SMALL SIZED PACKETS REQUIRED IN DELIVERING VOICE OVER LTE NETWORK ARE ONE OF THE KEY CHALLENGES FOR CARRIERS
5.10.5 LIMITATIONS FOR SMALLER PLAYERS
5.10.6 CONSUMER SATISFACTION IS A CHALLENGE FOR VOLTE
5.10.7 BILLING ISSUES IN ROAMING
5.11 SPECTRUM BAND DIFFERENTIATION OF MAJOR U.S. CARRIERS AND ITS IMPACT ON INTEROPERABILITY
5.12 COMPARISON OF VOLTE SOLUTIONS OFFERED BY MAJOR U.S. CARRIERS
5.13 KEY ACTIVITIES RELATED TO THE VOLTE MARKET IN THE TELECOM INDUSTRY
5.14 VOLTE MARKET: QOS CLASS IDENTIFIER VALUES FOR BEARER
5.15 COMAPRISON BETWEEN VOIP AND VOLTE
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.3 INDUSTRY TRENDS
6.4 PORTER’S FIVE FORCES ANALYSIS
6.4.1 DEGREE OF COMPETITION
6.4.2 BARGAINING POWER OF BUYERS
6.4.3 BARGAINING POWER OF SUPPLIERS
6.4.4 THREAT FROM SUBSTITUTES
6.4.5 THREAT FROM NEW ENTRANTS
7 LONG TERM EVOLUTION(LTE) MARKET
7.1 INTRODUCTION
7.2 MOBILE SUBCRIPTIONS WORLDWIDE
7.2.1 WCDMA/HSPA SUBSCIPTIONS
7.2.1.1 Comparison between WCDMA and HSPA
7.2.2 LTE SUBCRIPTIONS
7.3 LTE NETWORKS
7.3.1 COMPARISON BETWEEN WCDMA AND LTE
7.3.2 COMPARISON BETWEEN HSPA AND LTE
7.3.3 VOLTE SUBSCRIPTIONS
7.4 LTE MARKET, BY TECHNOLOGY
7.4.1 FREQUENCY DIVISION DUPLEXING(FDD)
7.4.2 TIME-DIVISION DUPLEXING(TDD)
7.5 LTE MARKET ANALYSIS AND FORECAST
7.6 LTE MARKET
7.6.1 LTE INFRASTRUCTURE
7.6.2 LTE SERVICES
7.6.3 LTE END USER DEVICES
7.6.3.1 Smartphones
7.6.3.2 Routers
7.6.3.3 Dongles
7.6.3.4 Others
7.7 LTE MARKET, BY GEOGRAPHY
7.7.1 AMERICAS
7.7.1.1 North America
7.7.1.2 Latin America
7.7.2 EUROPE
7.7.3 APAC
7.7.4 ROW
8 MARKET BY TECHNOLOGY
8.1 INTRODUCTION
8.1.1 LIMITATIONS OF VOLTE
8.1.1.1 VoLTE is limited to certain devices
8.1.1.2 No carrier interoperability
8.2 VOICE OVER IP MULTIMEDIA SUBSYSTEM (VOIMS)
8.2.1 BENEFITS OF VOIMS TO OPERATORS
8.2.1.1 Spectral Efficiency
8.2.1.2 Simplification of network
8.2.2 BENEFITS OF VOIMS TO CONSUMERS
8.2.2.1 High definition voice
8.2.2.2 Rich Communication Services (RCS)
8.2.2.3 Reduced call setup times
8.2.2.4 Improved battery life over other VoIP applications
8.2.2.5 Integration of VoLTE with voice over Wi-Fi service
8.3 CIRCUIT SWITCHED FALL BACK (CFSB)
8.3.1 OVERVIEW OF CIRCUIT SWITCHED FALL BACK
8.3.2 ARCHITECTURE OF CIRCUIT SWITCHED FALL BACK NETWORK
8.3.3 CALL ORIGINATING PROCEDURE IN CIRCUIT SWITCHED FALL BACK
8.3.4 ADVANTAGES AND DISADVANTAGES OF CIRCUIT SWITCHED FALLBACK NETWORK
8.3.4.1 Advantages of circuit switched fallback network
8.3.4.2 Disadvantages of the circuit switched fallback network
8.4 DUAL RADIO/SIMULTANEOUS VOICE AND LTE (SVLTE)
8.5 VOICE OVER LTE VIA GENERIC ACCESS NETWORK (VOLGA)
8.5.1 NETWORK SET UP OF VOICE OVER LTE VIA GENERIC ACCESS(VOLGA)
8.5.2 CALL ORIGINATING PROCEDURE OF THE VOICE OVER LTE VIA GENERIC ACCESS NETWORK
8.5.3 ADVANTAGES AND DISADVANTAGES OF VOLGA
8.5.3.1 Advantages of VoLGA
8.5.3.2 Disadvantages of VoLGA
8.6 SINGLE RADIO VOICE CALL CONTINUITY (SRVCC)
8.6.1 LTE TO LEGACY NETWORK HANDOVER
8.6.2 LEGACY NETWORK TO LTE HANDOVER
8.6.3 INTERRUPTION TIME ISSUE IN SRVCC
9 MARKET BY GEOGRAPHY
9.2 INTRODUCTION
9.2.1 LTE NETWORK LAUNCHES WORLDWIDE, 2013- 2020
9.2.2 VOLTE LAUNCHES IN DIFFERENT COUNTRIES
9.3 AMERICAS
9.3.1 NORTH AMERICA
9.3.2 VOLTE SERVICES LAUNCH STATUS IN NORTH AMERICA, BY COUNTRY
9.4 REST OF AMERICAS
9.4.1 VOLTE SERVICES LAUNCH STATUS IN REST OF THE AMERICAS, BY COUNTRY
9.5 EUROPE
9.5.1 VOLTE SERVICES LAUNCH STATUS IN EUROPE, BY COUNTRY
9.6 APAC
9.7 ROW
9.7.1 VOLTE SERVICES LAUNCH STATUS IN ROW, BY COUNTRY
10 COMPETITIVE LANDSCAPE
10.1 OVERVIEW
10.2 MARKET SHARE ANALYSIS LTE MARKET
10.3 MAJOR LTE INFRASTRUCTURE VENDOR RANKING BASED ON THE LTE CONTRACT VALUE
10.4 MARKET SHARE ANALYSIS, BY LTE CONTRACTS
10.5 COMPETITIVE SITUATION AND TRENDS
10.5.1 NEW PRODUCT LAUNCHES
10.5.2 AGREEMENTS,PARTNERSHIPS,COLLABORATIONS,& JOINT VENTURES
10.5.3 MERGERS AND ACQUISITIONS
10.5.4 EXPANSIONS
11 COMPANY PROFILES (OVERVIEW, PRODUCTS AND SERVICES, FINANCIALS, STRATEGY & DEVELOPMENT)
11.1 INTRODUCTION
11.2 ALCATEL-LUCENT
11.3 AT & T INC.
11.4 ERICSSON
11.5 HUAWEI TECHNOLOGIES CO., LTD.
11.6 KT CORPORATION
11.7 LG UPLUS CORP.
11.8 METROPCS
11.9 NOKIA SOLUTIONS AND NETWORKS
11.10 SK TELECOM
11.11 VERIZON WIRELESS (Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies.)
12 APPENDIX
12.1 INSIGHTS OF INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
12.4 AVAILABLE CUSTOMIZATIONS
12.5 RELATED REPORTS
Table 1 LIST OF MOBILE NETWORK OPERATORS AND THEIR VOLTE STATUS
Table 2 INCREASED ADOPTION OF VOLTE BY OPERATORS IS DRIVING THE VOLTE MARKET GROWTH
Table 3 NO CARRIER INTEROPERABILITY AND LESS AVAILIBILTY OF VOLTE ENABLED DEVICES ARE THE RESTRAINING FACTORS FOR THE VOLTE MARKET
Table 4 TRUE DEVICE INTEROPERABILITY AND VARIABLE PRICING STRATEGIES BY OPERATORS WILL SPUR THE GROWTH OF THE VOICE OVER LTE MARKET
Table 5 COMPETITION AGAINST OTT PLAYERS AND IMPLEMENTAION OF NETWORK ARE THE MAJOR CHALLENGES IN THE VOLTE MARKET
Table 6 FREQUENCY AND LTE BAND COMPARISON OF MAJOR U.S. CARRIERS
Table 7 COMPARISON AMONG MAJOR U.S. CARRIERS WITH RESPECT TO VOLTE SERVICES OFFERED BY THEM
Table 8 KEY ACTIVITIES RELATED TO VOLTE INDUSTRY
Table 9 QCI VALUES FOR BEARER CORRESPONDING TO SERVICE PROVIDED
Table 10 COMPARISON BETWEEN VOIP (VOICE OVER INTERNET PROTOCOL) AND VOLTE (VOICE OVER LTE )
Table 11 DIFFERENCE BETWEEN WCDMA VS HSPA VS LTE
Table 12 MOBILE SUBSCRIPTIONS, 2013-2020 (MILLION)
Table 13 MOBILE SUBSCRIPTIONS, BY TYPE, 2013-2020 (MILLION)
Table 14 MOBILE SUBSCRIPTIONS, BY GEOGRAPHY, 2013-2020 (MILLION)
Table 15 MOBILE SUBSCRIPTIONS, BY DEVICES, 2013-2020 (MILLION)
Table 16 MOBILE SERVICES MARKET SIZE, 2013-2020 ($BILLION)
Table 17 MOBILE SERVICES MARKET SIZE, BY SEGMENT, 2013-2020 ($BILLION)
Table 18 MOBILE DATA TRAFFIC , 2013-2020 (MB/MONTH)
Table 19 COMPARISON BETWEEN WCDMA AND HSPA
Table 20 LTE SUBSCRIPTIONS WORLDWIDE, 2013-2020 (MILLION)
Table 21 LTE SUBSCRIPTIONS, BY TECHNOLOGY, 2013-2020 (MILLION)
Table 22 LTE SUBSCRIPTIONS, BY END USER DEVICE, 2013-2020 (MILLION)
Table 23 LTE SUBSCRIPTIONS, BY GEOGRAPHY. 2013-2020 (MILLION)
Table 24 LTE NETWORKS, 2013-2020
Table 25 LTE NETWORKS, BY TECHNOLOGY, 2013-2020 (MILLION)
Table 26 LTE DEVICES, 2013-2020
Table 27 LTE DEVICES, BY TECHNOLOGY, 2013-2020
Table 28 LTE DEVICES, BY TYPE, 2013-2020
Table 29 COMPARISON BETWEEN WCDMA AND LTE
Table 30 COMPARISON BETWEEN HSPA VS LTE
Table 31 VOLTE SUBSCRIPTIONS, 2013-2020 (MILLION)
Table 32 VOLTE SUBSCRIBTIONS, BY LTE TECHNOLOGY TYPE, 2013-2020 (MILLON)
Table 33 VOLTE SUBSCRIPTIONS, BY TECHNOLOGY, 2013-2020 (MILLION)
Table 34 VOLTE SUBSCRIPTIONS, BY GEOGRAPHY, 2013 TO 2020 (MILLION)
Table 35 VOLTE SERVICE LAUNCHES, 2013-2020
Table 36 VOLTE DEVICES, 2013-2020
Table 37 DIFFERENCE BETWEEN FDD AND TDD
Table 38 LTE DEVICES, BY FDD TECHNOLOGY, 2013-2020
Table 39 LTE DEVICES, BY TDD TECHNOLOGY, 2013-2020
Table 40 LTE MARKET SIZE, 2013-2020 ($BILLION)
Table 41 LTE MARKET SIZE, BY SEGMENT, 2013-2020 ($BILLION)
Table 42 LTE MARKET SIZE, BY END USER DEVICE, 2013-2020 ($BILLION)
Table 43 LTE MARKET SIZE, BY GEOGRAPHY, 2013-2020 ($BILLION)
Table 44 LTE INFRASTRUCTURE MARKET SIZE, BY GEOGRAPHY 2013-2020 ($BILLION)
Table 45 LTE SERVICES MARKET SIZE, BY GEOGRAPHY, 2013-2020 ($BILLION)
Table 46 LTE END USER DEVICES MARKET SIZE, BY GEOGRAPHY, 2013-2020 ($BILLION)
Table 47 LTE SMARTPHONES MARKET SIZE, BY GEOGRAPHY, 2013 AND 2020 ($BILLION)
Table 48 LTE ROUTERS MARKET SIZE, BY GEOGRAPHY, 2013-2020 ($BILLION)
Table 49 LTE DONGLES MARKET SIZE, BY GEOGRAPHY 2013-2020 ($BILLION)
Table 50 LTE OTHERS MARKET SIZE, BY GEOGRAPHY 2013-2020 ($BILLION)
Table 51 AMERICAS: LTE MARKET SIZE, 2013-2020 ($BILLION)
Table 52 AMERICAS: LTE MARKET SIZE, 2013-2020 ($BILLION)
Table 53 EUROPE: LTE MARKET SIZE, 2013-2020 ($BILLION)
Table 54 EUROPE: LTE MARKET SIZE, 2013-2020 ($BILLION)
Table 55 APAC:LTE MARKET SIZE, 2013-2020 ($BILLION)
Table 56 APAC: LTE MARKET SIZE, 2013-2020 ($BILLION)
Table 57 ROW: LTE MARKET SIZE, 2013-2020 ($BILLION)
Table 58 ROW: LTE MARKET SIZE, 2013-2020 ($BILLION)
Table 59 VOLTE SERVICES MARKET SIZE, 2013-2020 ($MILLION)
Table 60 VOICE OVER LTE MARKET, BY TECHNOLOGY, 2013-2020 ($MILLION)
Table 61 VOIMS TECHNOLOGY MARKET, BY GEOGRAPHY, 2013-2020 ($MILLION)
Table 62 CSFB TECHNOLOGY MARKET, BY GEOGRAPHY, 2013-2020 ($MILLION)
Table 63 DUAL RADIO/SVLTE TECHNOLOGY MARKET, BY GEOGRAPHY, 2013-2020 ($MILLION)
Table 64 VOLTE LAUNCHES IN VARIOUS COUNTRIES
Table 65 AMERICAS: VOLTE SERVICES MARKET VALUE, BY TECHNOLOGY, 2013-2020 ($MILLION)
Table 66 VOLTE SERVICES LAUNCH STATUS IN NORTH AMERICA, BY COUNTRY
Table 67 VOLTE SERVICES LAUNCH STATUS IN REST OF THE AMERICAS, BY COUNTRIES
Table 68 VOLTE SERVICES LAUNCH STATUS IN EUROPE, BY COUNTRY
Table 69 EUROPE: VOLTE SERVICES MARKET, BY TECHNOLOGY, 2014-2020 ($MILLION)
Table 70 VOLTE SERVICES LAUNCH STATUS IN APAC, BY COUNTRY
Table 71 APAC: VOLTE SERVICES MARKET, BY TECHNOLOGY, 2013-2020 ($MILLION)
Table 72 VOLTE SERVICES LAUNCH STATUS IN ROW, BY COUNTRY
Table 73 ROW: VOLTE SERVICES MARKET, BY TECHNOLOGY ($MILLION)
Table 74 NEW PRODUCT LAUNCHES, 2014
Table 75 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, & JOINT VENTURES, 2013-2014
Table 76 MERGERS AND AQUISITIONS,2013-2014
Table 77 EXPANSIONS, 2012-2014
In this report, we have covered two markets, namely the LTE and VoLTE market. The LTE market comprises LTE infrastructure, end user devices, and services. The LTE (Long Term evolution) is wireless communication of high speed data in case of mobile phones and data terminals. It is denoted as 4G LTE in the market. The definition of voice over LTE for this study is as follows: Voice over LTE (VoLTE) is a network technology that defines the standards and procedures for delivering voice and data over 4G LTE networks.
It is implemented in smartphones, tablets and other communication devices for delivering high-speed voice, video, and messaging services on a 4G wireless network. The base year considered for the market engineering process is 2013 and the forecast is given from 2014 to 2020. Market dynamics like driver restraints and opportunities are analyzed and optimized from the opinions of the market leaders and market experts assuming 2013 as a base year.
The forecasts are done with the value and volume calculated under the standard assumption that the globally accepted currency - the U.S. Dollar's value remains constant over the seven forecast period of 2014 to 2020.
For conversion of various currencies to USD, average historical exchange rates were used according to the year specified. For all historical and current exchange rates required for calculations and currency conversions, OANDA - website was used in this research study.
LTE market:
- The LTE market is segmented into two types of technologies, the FDD and TDD.
- The LTE market study analyzes the commercial LTE launches and LTE subscriptions, worldwide.Various devices that are LTE enabled, such as smartphones, routers, and dongles, are also considered in the study.
- The LTE market is also covered geographically for major regions including Americas, Europe, Asia-Pacific. and the Rest of the World.
- Voice over LTE market
- In the voice over LTE market for technologies, the VoIMS, CSFB, and other VoLTE technologies are considered separately. The other voice over LTE market includes voice over WiFI.
- The voice over LTE market study analyzes the commercial launches of VoLTE.
- In order to analyze the voice over LTE market geographically, it is segmented into Americas, Europe, Asia-Pacific, and ROW.
Voice over LTE is based on the IP Multimedia Subsystem (IMS) network wherein the voice and data is sent over the same network, that is, the LTE network, which results in reduction in the operational and maintenance costs. Moreover, VoLTE has up to three times more voice and data capacity than 3 UMTS and up to six times more capacity than 2G GSM. Wireless operators throughout the world are moving toward replacing their old technologies with this new technology. It is becoming a popular technology as it offers features such as high voice definition, faster call set up times, and improved battery life over other VoIP applications.
The VoLTE market was valued at $XX million in 2013 and is expected to reach $XX million by 2020; estimated to grow at a CAGR of XX% from 2014 to 2020. The growth of the VoLTE market is primarily driven by factors such as increased spectrum efficiency, rapid deployment of smart devices, reduced operational and maintenance costs, and increased adoption of VoLTE solutions by telecom operators. Less availability of VoLTE enabled devices and no carrier interoperability are the main restraining factors for the decline of the voice over LTE market, whereas implementation of network function virtualized IMS core, growing demand for mobile Unified Communications (UC), and variable pricing strategies are some of the major opportunities for the mobile network operators in VoLTE market.
In this report, based on technology, the LTE market is broadly segmented into time division duplexing network mode and frequency division duplexing mode. In 2013, LTE market was estimated at $XX billion, and is expected to grow at a CAGR of XX% from 2014 to 2020 so as to reach$XX billion by 2020. Based on the end user devices, the LTE market is divided into smartphones, routers, dongles; and others such as notebooks, tablets, and modules. Based on geography, the market is segmented into four regions, namely Americas, Europe, Asia-Pacific, and the Rest of the World (RoW).
Based on technology, the voice over LTE market is segmented into Circuit Switched Fallback (CSFB), dual radio or Simultaneous Voice and LTE (SVLTE) and Voice over IMS (VoIMS). CSFB dominated the global VoLTE market at an estimated $XX million in 2013, while VoIMS technology is expected to grow at a faster rate of XX% from 2014 to 2020, as compared to other technologies, as it offers several advantages over others; such as, increased spectrum efficiency, reduced latency, and integration of voice over Wi-Fi services.
Americas accounted for the largest share of ~XX% of the LTE market in 2013. Key players such as Verizon Wireless (U.S), AT&T Inc. (U.S.), and T-Mobile (U.S.) have been primarily involved in activities such as contracts, partnerships, and new product launches; which are helping to drive the LTE market in Americas, while Asia-Pacific accounted for the largest share in VoLTE market in 2013. There are a number of mobile network operators in the Asia-Pacific region that have been actively participating in the launching of VoLTE solutions. The world’s first VoLTE solution was successfully launched by SK Telekom (South Korea) in August 2012, followed by LG Uplus (South Korea) and KT Corp (South Korea). Recently, NTT Docomo (Japan) and SingTel (Singapore) launched the VoLTE services. Some operators such as Bharati Airtel (India) and Reliance Jio (India) are yet involved in the trialing phase of VoLTE solutions. Increased spectrum efficiency, faster calls set up times, and increased Average Revenue Per User (ARPU) are factors which are motivating operators to adopt VoLTE solutions on large scale; while rich communication services,integration of voice over LTE, high definition of voice, true device interoperability, and improved battery life as compared to VoIP applications— are some aspects that are motivating customers to avail VoLTE services.
Key players in the LTE and voice over LTE market include Huawei Technologies Co. Ltd.(China), Nokia Solutions and Networks (Finland), Ericsson (Sweden), Alcatel-Lucent (France), LG Uplus (South Korea), SK Telecom (South Korea), Metro PCS (U.S.), AT&T Inc. (U.S.), KT Corp. (South Korea), and Verizon Wireless (U.S.).
