In 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.
- 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)
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Market Research Analysis:
Market Research Future Analysis shows that many organizations are rigorously deploying 4G in the recent years. There has been tremendous increase in the LTE market. The trend of using various data applications, video calling and VoLTE is observed.
Regional analysis for IP Multimedia Subsystem market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that Asia-Pacific region would dominate in IP Multimedia Subsystem market. Countries like Japan, China and Korea are currently dominating the IP multimedia market.
IP Multimedia Subsystem is market is segmented on the basis of functions, access network, applications and services.
IP Multimedia Subsystem market by Functions:
- Call Session Control Function (CSCF)
- Home Subscriber Server (HSS)
- Signaling Gateway (SGW)
- Media Gateway Control Function (MGCF)
- Media Resource Functions (MRF)
IP Multimedia Subsystem market by Access Network:
- Fixed Access
- Mobile access
- Wireless access
IP Multimedia Subsystem market by Applications:
- Mobile Phones
- Personal Digital Assistants (PDAS)
- Digital Subscriber Line (DSL)
- Cable Set-Top Box
IP Multimedia Subsystem market by Services:
- Rich Communication Services (RCS)
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- Technology investors
- Key market innovators
- Venture capitalists
- Private equity groups
- Telecom service providers
- Internet service providers
- IMS providers
- Research/Consultancy firms
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