The Asia Pacific VoLTE Market Surge from USD 3.6 Billion in 2020 to USD 179.6 Billion by 2030 at a 47.7% CAGR

WILMINGTON, DE, UNITED STATES, February 19, 2025 /EINPresswire.com/ -- Allied Market Research published a new report, titled, " The Asia Pacific VoLTE Market Surge from USD 3.6 Billion in 2020 to USD 179.6 Billion by 2030 at a 47.7% CAGR." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The Asia Pacific Voice Over LTE Market was valued at $3,618.48 million in 2020, and is projected to reach $179,569.42 million by 2030, registering a CAGR of 47.7% from 2021 to 2030.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐏𝐃𝐅 – 184 𝐏𝐚𝐠𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/A15897

Increase in demand for improved video and voice quality along with high-speed internet, presence of leading VoLTE market players in Asia-Pacific, and surge in investment in VoLTE have boosted the growth of the Asia-Pacific voice over LTE market. However, delayed acceptance in developing economies hinders the market. On the contrary, the advent of 5G and surge in demand for mobile UC would open new opportunities in the future.

The Asia Pacific VoLTE market is segmented on the basis of technology, end user, and country. Based on the technology, it is bifurcated into Voice over IP multimedia subsystem (VoIMS), Circuit Switched Fallback (CSFB), Dual radio or Simultaneous Voice and LTE (SV LTE), Voice over LTE via Generic Access Network and Single Radio Voice Call Continuity. Based on end user, the market is categorized into corporate, commercial and government. Country wise, it is analyzed across China, India, Japan, South Korea, Australia, and rest of Asia Pacific.

𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬, 𝐏𝐥𝐞𝐚𝐬𝐞 𝐟𝐞𝐞𝐥 𝐟𝐫𝐞𝐞 𝐭𝐨 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐨𝐮𝐫 𝐚𝐧𝐚𝐥𝐲𝐬𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/A15897

By type, the voice over IP multimedia subsystem segment held the largest share in 2020, accounting for nearly two-fifths of the voice over LTE industry, as it is lower-cost network infrastructure as compared to other networks. However, the voice over LTE via generic access network segment is projected to register the highest CAGR of 50.7% during the forecast period, as it allows smooth transition of global roaming.

By end user, the commercial segment is estimated to portray the highest CAGR of 49.8% during the forecast period. This is due to rise in awareness about improved customer services and quality of voice services. However, the corporate segment held the largest share in 2020, contributing to nearly two-thirds of the market, owing to rise in need to enhance customer satisfaction and provide solutions at lightning speeds.

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A15897

By country, the market across China dominated in 2020, accounting for nearly half of the market. This is due to the presence of high number of subscribers of mobile phones. However, the market across India is projected to manifest the highest CAGR of 52.0% during the forecast period, due to penetration of LTE smartphone makers such as Samsung and Huawei.

Some of the key Asia Pacific VoLTE industry players profiled in the report include Huawei Technologies Co., Ltd., LG Uplus Corp., SK Telecom, Cisco Systems, Inc., KT Corporation, Ericsson, Nokia Networks, Vodafone Group Plc, Bharti Airtel, and China Mobile Limited. This study includes market trends, Asia Pacific Voice over LTE market analysis, and future estimations to determine the imminent investment pockets.

𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 (184 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/asia-pacific-voice-over-lte-market/purchase-options

Covid-19 Scenario-

● The Covid-19 pandemic had a limited impact on the market as several private companies and government worked together to speed up the development of 5G and VoLTE infrastructure during the pandemic.

● The pandemic encouraged companies and businesses to shift their business operations on the cloud and adopt work from home culture, which increased the demand for high internet speed. This favored market growth.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

𝑶𝒕𝒉𝒆𝒓 𝑻𝒓𝒆𝒏𝒅𝒊𝒏𝒈 𝑹𝒆𝒑𝒐𝒓𝒕𝒔:

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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