Market Synopsis:
According to the report offered by Market Research Future (MRFR), the global IMS (IP Multimedia Subsystem) Market is expected to proliferate at 18% CAGR over the forecast period 2016 to 2022. The analysis underscores that the global Covid-19 Impact on IP Multimedia Subsystem Market is anticipated to touch a valuation of USD 4 Bn by the end of the assessment period. IMS offers advantages such as multi-vendor approach, lower costs, faster time to market, etc. These have accelerated its adoption and are poised to follow a similar trend in the upcoming years.
The growth of the telecommunications industry is the primary factor responsible for driving the expansion of the IMS (IP Multimedia Subsystem Market over the next couple of years. A rise in the volume of data utilized is witnessed in the industry coupled with lower revenue yield. The prime focus of the industry players is on increasing revenue while lowering operational costs. The industry is estimated to reach a measure of zettabytes in a few years. This has led to the accelerated adoption of IP multimedia subsystem for eliminating congestion in the spectrum, thus, augmenting the market.
The increase in the use of LTE and VoLTE services catalyzed the growth of the IMS (IP Multimedia Subsystem) Market in the recent years. The advent of 5G services is further expected to boost the growth trajectory of the market in the forthcoming years. 5G services are expected to be commercialized by 20230; thus, unleashing growth opportunities for the market participants.
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Key Players
The prominent players in the IMS (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.
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).
IP Multimedia Subsystem Market Global Market - 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 Contents:
LIST OF TABLES
TABLE 1 IP MULTIMEDIA SUBSYSTEM MARKET, BY FUNCTION
TABLE 2 IP MULTIMEDIA SUBSYSTEM MARKET, BY ACCESS NETWORK
TABLE 3 IP MULTIMEDIA SUBSYSTEM MARKET, BY APPLICATIONS
TABLE 4 IP MULTIMEDIA SUBSYSTEM MARKET, BY SERVICES
TABLE 5 IP MULTIMEDIA SUBSYSTEM MARKET, BY REGIONS
TABLE 6 NORTH AMERICA IP MULTIMEDIA SUBSYSTEM MARKET, BY FUNCTION
TABLE 7 NORTH AMERICA IP MULTIMEDIA SUBSYSTEM MARKET, BY ACCESS NETWORK
TABLE 8 NORTH AMERICA IP MULTIMEDIA SUBSYSTEM MARKET, BY APPLICATIONS
TABLE 9 NORTH AMERICA IP MULTIMEDIA SUBSYSTEM MARKET, BY SERVICES
TABLE 10 U.S. IP MULTIMEDIA SUBSYSTEM MARKET, BY FUNCTION
TABLE 11 U.S. IP MULTIMEDIA SUBSYSTEM MARKET, BY ACCESS NETWORK
TABLE 12 U.S. IP MULTIMEDIA SUBSYSTEM MARKET, BY APPLICATIONS
TABLE 13 U.S. IP MULTIMEDIA SUBSYSTEM MARKET, BY SERVICES
TABLE 14 CANADA IP MULTIMEDIA SUBSYSTEM MARKET, BY FUNCTION
TABLE 15 CANADA IP MULTIMEDIA SUBSYSTEM MARKET, BY ACCESS NETWORK
TABLE 16 CANADA IP MULTIMEDIA SUBSYSTEM MARKET, BY APPLICATIONS
TABLE 17 CANADA IP MULTIMEDIA SUBSYSTEM MARKET, BY SERVICES
Continued…
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