Global IP Multimedia Subsystem Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global IP Multimedia Subsystem Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global IP multimedia subsystem market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global IP multimedia subsystem market report has been segmented on the basis of functions, access network, application, services, component, and region.
IP multimedia subsystem is a multimedia used for delivering IP multimedia services. This subsystem is useful for network operators to expand the portfolio of their services such as multimedia communication and integrated voice services. This media consists of many features such as adding, modifying, deleting a session in the multimedia call and helps the end users for having experience for voice, data, multimedia sessions.
Increasing number of mobile users in developed and developing economies coupled with increasing usage of IP multimedia subsystem by many subscribers across the globe are major factors expected to drive growth of the global IP multimedia subsystem market. In addition, rising disposable income and changing lifestyle are other factor expected to boost growth of the global IP multimedia subsystem market. Furthermore, increasing low capital and operational expenditure and the upgradation of network infrastructure are amount some other factors expected to drive growth of the global IP multimedia subsystem market. However, scarcity of expert workforce, low security in virtualization, and the unwillingness of telecom operators are the major restraints to the market.
Many leading countries and players are using smartphones at a great extent to improve their communications coupled with increasing competition in field of IP communication services are the trends observed in the target market, currently.
North America market accounted for highest revenue share in the global IP multimedia subsystem market over the forecast period, owing to increasing government initiatives as they have planned to roll out the citizen’s broadband radio service (CBRS) band for private operators and enterprises in countries in the region. Asia Pacific market counted for second-highest revenue share in the global IP multimedia subsystem market, due to developments in various communication methods, rising penetration of telecommunication services and larger infrastructure investment by communication service providers in the countries in the region. The market in Europe is projected to register fastest growth rate in terms of revenue due to operators eventually shifting towards virtualized and cloud-based solutions in the countries in the region. Moreover, the markets in Europe, Latin America and Middle East & Africa are expected to register moderate growth revenue over the forecast period.
Global IP multimedia subsystem market segmentation:
- Call Session Control Function (CSCF)
- Home Subscriber Server (HSS)
- Signalling Gateway (SGW)
- Media Gateway Control Function (MGCF)
- Media Resource Functions (MRF)
By access network:
- Fixed Access
- Mobile access
- Wireless access
- Mobile Phones
- Personal Digital Assistants (PDAS)
- Digital Subscriber Line (DSL)
- Cable Set-Top Box
- Rich Communication Services (RCS)
- Professional services
- Integration and deployment
- Training and support
- Managed services
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- LM Ericsson
- Nokia Corporation
- Alcatel-Lucent S.A.
- IBM Corporation
- Huawei Technologies Co. Ltd.
- Brocade Communications Systems, Inc.
- Cisco Systems, Inc.
- Bradford Networks, Inc. (U.S.)
- Ascom Holdings AG
- Allot Communication
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