New Industrial Revolution: VOLTE (Voice Over LTE) Market: Facts, Figures And Analytical Insights 2026

VoLTE (Voice over LTE) technology allows a voice call to be placed over an LTE network, enabling mobile operators to reduce reliance on legacy circuit-switched networks. Powered by IMS (IP Multimedia Subsystem) architecture, VoLTE brings a host of benefits to operators ranging from the ability to refarm legacy 2G and 3G spectrum to offering their subscribers a differentiated service experience through capabilities such as HD voice and video telephony.

First deployed by South Korean operators in 2012, VoLTE is continuing to gain momentum globally. As of Q2’2018, more than 140 mobile operators have commercially launched VoLTE services, and several roaming and interoperability agreements are already in place.

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VoLTE service revenue will grow at a CAGR of approximately 30% between 2018 and 2021. By the end of 2021, VoLTE subscriptions will account for more than $280 Billion in annual service revenue. Although traditional voice services will constitute a major proportion of this figure, more than 16% of the revenue will be driven by voice based IoT applications, video calling and supplementary services.

The “VoLTE (Voice over LTE) Ecosystem: 2018 – 2030 – Opportunities, Challenges, Strategies & Forecasts” report presents an in-depth assessment of the VoLTE ecosystem including market drivers, challenges, enabling technologies, applications, key trends, standardization, regulatory landscape, mobile operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for VoLTE-capable device shipments, subscriptions, service revenue and infrastructure investments from 2018 till 2030. The forecasts cover 14 submarkets and 6 regions.

The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.

Key Findings:

The report has the following key findings:

– By 2021, SNS Telecom & IT estimates that VoLTE subscriptions will account for over $280 Billion in annual service revenue, as mobile operators remain committed to VoLTE as the long term solution to secure a fully native IP-based telephony experience.
– Besides smartphones, VoLTE technology is increasingly being integrated into other devices including feature phones, IoT modules and wearables such as smart watches.
– In certain technically advanced markets, mobile operators have already begun the process of switching off their legacy circuit switched 2G and 3G networks, as voice traffic transitions to VoLTE networks.
– Nearly all VoLTE operators are integrating their VoLTE services with Wi-Fi calling in a bid to offer voice services in areas where their licensed spectrum coverage is limited.
– The VoLTE infrastructure vendor arena is continuing to consolidate with several prominent M&A deals such as the merger of Sonus Networks and GENBAND to form Ribbon Communications, Cisco’s acquisition of BroadSoft, and Metaswitch Networks’ acquisition of OpenCloud to offer a pure-play software VoLTE solution.

Topics Covered:

The report covers the following topics:

– VoLTE ecosystem
– Market drivers and barriers
– VoLTE infrastructure, devices, roaming and interconnection technology
– Case studies of over 20 commercial VoLTE deployments
– OTT mobile voice and video services
– Complimentary technologies including Wi-Fi calling, RCS and WebRTC
– Vertical market opportunities including voice based IoT applications and MCPTT (Mission Critical Push-to-Talk) voice services
– VoLTE services over MVNO networks
– Service assurance platforms for VoLTE
– Regulatory landscape, collaborative initiatives and standardization
– Industry roadmap and value chain
– Profiles and strategies of more than 100 leading ecosystem players including device OEMs, VoLTE solution providers and mobile operators
– Strategic recommendations for VoLTE solution providers and mobile operators
– Market analysis and forecasts from 2018 till 2030

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Forecast Segmentation:

VoLTE subscription, service revenue, device and infrastructure revenue forecasts are provided for each of the following submarkets and their subcategories:

– VoLTE-Capable Devices
– Handsets
– Smartphones & Phablets
– Feature Phones
– Smartwatches & Wearables
– Tablets, CPEs & Other Devices
– IoT Modules
– VoLTE Subscriptions & Services
– Voice Telephony
– Video & Supplementary Services
– Voice Based IoT Applications
– VoLTE Infrastructure
– CSCF (Call Session Control Function) Servers
– SBCs (Session Border Controllers)
– VoLTE Application Servers
– Other IMS Elements (HSS, BGCF, MGCF & MRF)
– VoLTE-Capable Policy Control Solutions
– Regional Markets
– Asia Pacific
– Eastern Europe
– Latin & Central America
– Middle East & Africa
– North America
– Western Europe

Key Questions Answered:

The report provides answers to the following key questions:

– How big is the VoLTE opportunity?
– What trends, challenges and barriers are influencing its growth?
– How is the ecosystem evolving by segment and region?
– What will the market size be in 2021 and at what rate will it grow?
– Which regions and countries will see the highest percentage of growth?
– How will VoLTE-capable device shipments grow over time?
– Who are the key market players and what are their strategies?
– How can VoLTE help operators in reducing the flow of voice subscribers to OTT application providers?
– What are the prospects of Wi-Fi calling, RCS and WebRTC?
– What much will operators invest in VoLTE service assurance solutions?
– How can mobile operators and MVNOs capitalize on VoLTE to drive revenue growth?
– How can VoLTE help operators in refarming their 2G and 3G spectrum assets?
– What is the status of international roaming and VoLTE-to-VoLTE interconnection agreements?
– What strategies should VoLTE solution providers and mobile operators adopt to remain competitive?

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List of Companies Mentioned:

The following companies and organizations have been reviewed, discussed or mentioned in the report:

– 3GPP (3rd Generation Partnership Project)
– Accedian Networks
– Affirmed Networks
– AIS (Advanced Info Service)
– Alepo
– Alpha Networks
– Alphabet
– Altair Semiconductor
– Altran
– Amdocs
– Anite
– Anritsu Corporation
– Apple
– Aptilo Networks
– ARIB (Association of Radio Industries and Businesses, Japan)
– Aricent
– ARM Holdings
– Ascom
– Astellia
– ASUS (ASUSTeK Computer)
– AT&T
– ATIS (Alliance for Telecommunications Industry Solutions, United States)
– BBK Electronics Corporation
– BICS
– BOOM! Mobile
– Broadcom
– BroadSoft
– BT Group
– CCN (Cirrus Core Networks)
– CCSA (China Communications Standards Association)
– Cellwize Wireless Technologies
– CENX
– CEVA
– China Mobile
– China Mobile Hong Kong
– Cirpack
– Cisco Systems
– Continual (CellMining)
– D2 Technologies
– Dell Technologies
– Dialogic
– DigiTalk
– DigitalRoute
– D-Link Corporation
– DT (Deutsche Telekom)
– DTAC (Total Access Communication)
– Du (Emirates Integrated Telecommunications Company)
– Ecrio
– EE
– ELUON Corporation
– Empirix
– Ericsson
– Etisalat
– ETRI (Electronics and Telecommunications Research Institute, South Korea)
– ETSI (European Telecommunications Standards Institute)
– EXFO
– F5 Networks
– Federos
– Foxconn Technology Group
– Fraunhofer IIS (Institute for Integrated Circuits)
– Fujitsu
– GCT Semiconductor
– Gemalto
– GENBAND
– Gigamon
– GL Communications
– Google
– GSMA
– Hitachi
– HPE (Hewlett Packard Enterprise)
– Hrvatski Telekom
– HTC Corporation
– Huawei
– iBasis
– IBM Corporation
– IEEE (Institute of Electrical and Electronics Engineers)
– Imagination Technologies
– IMSWorkX
– InfoVista
– Intel Corporation
– InterDigital
– Interop Technologies
– Iskratel
– Italtel
– ITU (International Telecommunications Union)
– Ixia
– Jibe Mobile
– KDDI Corporation
– Keysight Technologies
– Kineto Wireless
– KISDI (Korea Information Society Development Institute)
– KPN
– KT Corporation
– Lenovo
– LG Electronics
– LG Uplus
– Mavenir Systems
– Meeami Technologies
– Metaswitch Networks
– MetroPCS Communications
– Mobileum
– Motorola Mobility
– Mushroom Networks
– MYCOM OSI
– Napatech
– NEC Corporation
– NetComm Wireless
– Netcracker Technology
– NETGEAR
– NETSCOUT Systems
– Newfield Wireless
– NewNet Mobile Communications
– Nexus Telecom
– Nokia Networks
– NTT DoCoMo
– NXP Semiconductors
– NXP Software
– OpenCloud
– Openet
– OPPO
– Optiva
– Oracle Communications
– Oracle Corporation
– Orange
– Orange Romania
– Polystar
– Proximus Group
– Qualcomm
– Quortus
– RADCOM
– Radisys Corporation
– Reliance Industries
– Reliance Jio Infocomm
– Ribbon Communications
– Rogers Communications
– Rohde & Schwarz
– Samsung Electronics
– Sandvine
– Sansay
– Sequans Communications
– Sharp Corporation
– Sierra Wireless
– SIGOS
– Singtel
– SK Telecom
– Skype
– SmarTone
– SoftBank Group
– Softil
– Sonus Networks
– Sony Corporation
– Sony Mobile Communications
– Spirent Communications
– SPIRIT DSP
– Spreadtrum Communications
– Sprint Corporation
– Summit Tech
– Swisscom
– Syniverse Technologies
– SysMech
– Systemics Group
– Telecom Italia Group
– Telefónica Germany (O2)
– Telefónica Group
– Telefónica UK (O2)
– Telenor Group
– Telit Communications
– Telstra
– Three Hong Kong
– TIM (Telecom Italia Mobile)
– TIM Brasil
– T-Mobile Czech Republic
– T-Mobile Poland
– T-Mobile USA
– TNS (Transaction Network Services)
– TSDSI (Telecommunications Standards Development Society, India)
– TTA (Telecommunications Technology Association of Korea)
– TTC (Telecommunication Technology Committee, Japan)
– Verizon Communications
– Viavi Solutions
– Vivo
– VMware
– Vodafone Czech Republic
– Vodafone Germany
– Vodafone Group
– Vodafone Hutchison Australia
– Vodafone India
– Vodafone Italy
– Vodafone Netherlands
– Vodafone Portugal
– Vodafone Romania
– Vodafone Spain
– Vodafone Turkey
– Vodafone UK
– VoiceAge Corporation
– Voipfuture
– W3C (World Wide Web Consortium)
– WBA (Wireless Broadband Alliance)
– Wi-Fi Alliance
– WIT Software
– Xiaomi
– x-Mobility
– ZTE