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Market HighlightsIn this rapidly changing environment, companies are expanding their scale of operations by advancing the existing technologies. In the recent years IP Multimedia Subsystem is becoming worldwide. The rising popularity of Rich Communication Services (RCS) and Voice over LTE (VoLTE) has led to an increase in IP multimedia subsystems market.
The growing investments in 4G and explosive sale of smartphones have been the major factors increasing the LTE market which in result is boosting the IP Multimedia Subsystem Market. It has been observed that the demand to modernize the existing networks and the ability to offer converged services is driving the IP multimedia market. The study indicates that many companies are trying to evolve LTE and add new features to the present LTE market. Recently there has been news about Telefonica regarding LTE; they are working on private LTE technology based on mobile edge computing (MEC). Also LM Ericsson is been signing deals with many companies to implement, deploy and evolve LTE. All these factors are boosting the IP multimedia systems market.
The IP Multimedia Subsystem Market is growing rapidly over 18% of CAGR and is expected to reach at USD ~4 billion by the end of forecast period.
Key Players
The prominent players in the IP Multimedia Subsystem market are LM Ericsson (Sweden), Oracle (U.S.), Nokia Corporation (Finland), Alcatel-Lucent S.A. (France), IBM Corporation (U.S.), Huawei Technologies Co. Ltd. (China), Brocade Communications Systems, Inc. (U.S.), Cisco Systems, Inc. (U.S.), HP (U.S.), Bradford Networks, Inc. (U.S.), Ascom Holdings AG (Switzerland), Allot Communication (Israel), among others.
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Market Segmentation:
• By access network, the global IP multimedia subsystem market has been segmented into fixed access, mobile access, and wireless access.
• By applications, the IP multimedia subsystem market has been segmented into mobile phones, personal digital assistants, computers/laptops, digital subscriber line, and cable set-top box.
• By services, the global IP multimedia subsystem market has been segmented into videos, Web, Messaging, voice, VoLTE, Rich Communication Services (RCS), and others.
• By function, the IP multimedia subsystem market has been segmented into Call Session Control Function (CSCF), Home Subscriber Server (HSS), Signaling Gateway (SGW), Media Gateway Control Function (MGCF), and Media Resource Functions (MRF).
Regional Analysis:
By region, the global IP multimedia subsystem market has been segmented into North America, Asia Pacific, Europe and the Rest of the World (RoW). Asia Pacific is leading the global market and is anticipated to maintain its prominence over the next couple of years. The developments in the telecommunication industry in the region is projected to emerge as the primary factor responsible for encouraging the expansion of the IP multimedia subsystem market. Communication providers are likely to amplify investments in the market which is presumed to revolutionize the expansion of the IP multimedia subsystem market across the assessment period. Furthermore, the developments in the communication methods are estimated to accelerate revenue creation for the market participants in the foreseeable future.
North America is anticipated to exhibit steady growth over the next couple of years. The superior network infrastructure of the region is anticipated to propel the expansion of the IP multimedia subsystem market in the forthcoming years. The introduction of 5G services is forecasted to intensify the growth rate of the market across the review period. Europe has been projected to trail North America and exhibit a similar trend in the years to come. The regional IP multimedia subsystem market is supposed to exhibit steady growth rate over the projection period.
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Table of Content:
1 Market Introduction
1.1 Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.1 Introduction
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
4 Executive Summary
Continued…
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Contact Info:
Name: Abhishek Sawant
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Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Release ID: 88926899
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