VOLTE (VOICE OVER LTE) MARKET CORONAVIRUS (COVID-19) IMPACT: DEVELOPMENT STATUS ALONG WITH FUTURE TREND TO 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.

SNS Telecom & IT estimates that 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.

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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

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

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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?

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

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