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New Market Report Estimates Bright Future for Voice Over LTE

Monday, 03 November 2014

Kaitlyn Hall

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A MarketsandMarkets report estimated the total value of the Voice over LTE market will grow at a CAGR of 64.4 percent from 2014 to 2020.

The report shows high potential growth in the voice over IP multimedia subsystem (VoIMS) and Circuit Switched Fallback (CSFB), as VoIMS and CSFB technologies currently have the highest share of the APAC market.

While the APAC market dominates in market size, the European market has been growing at the highest CAGR. Current major players in the global LTE and Voice over LTE markets include: Nokia Networks , Metro PCS, Verizon Wireless, Ericsson, and AT&T Inc.

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Kaitlyn Hall

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Kaitlyn Hall, the SMB Nation editorial assistant, is earning a B.A. in Hispanic studies and B.A.C. in public relations from Pacific Lutheran University. She joined the SMB Nation team in June 2014, and enjoys working with the diverse companies in the SMB space.

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