The “IP Multimedia Subsystem (IMS) Services Market” report forecast 2019-2024 is a professional and detailed study on the present state also focuses on the major drivers, IP Multimedia Subsystem (IMS) Services business strategists and effective growth for the key players. Global IP Multimedia Subsystem (IMS) Services Industry also provides granular analysis of the IP Multimedia Subsystem (IMS) Services market dynamics, share, segmentation, revenue forecasts and facilitate better decision-making.
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The IP Multimedia Subsystem (IMS) Services Market is expected to register a CAGR of 16.5% during the forecast period of (2019 - 2024). With the Internet of Things (IoT) and Cloud Computing being the future of the internet, the IP multimedia subsystem communication platform is the most suitable fabric for integrating IoT and Cloud.
- Further with the increasing demand for Volte and LTE services along with the demand for the global standard for network infrastructure and services are the drivers for this market.
- The demand for music and video-on-demand services has also increased, owing to the changes in customer preferences, improved internet speed, and the proliferation of smartphones.
- For instance, in March 2019- Mobily Saudi Arabia deployed Ericsson’s full stack telecom cloud solution, focusing on transforming its wireless network and providing a 5G Cloud Core.
- However, security concerns in virtualization, lack of availability of a skilled workforce, may hamper the growth of the market, but for a specific period.
Scope of the Report
The IP Multimedia Subsystem (IMS) is a concept for an integrated network of telecommunications carriers that would facilitate the use of Internet Protocol for packet communications in all known forms over wireless or landline. Instant Messaging (IM), VoIP, VoLTE, and VoWiFi are the major services that make use of the IMS architecture. As all these services making use of data, the need for session management controllers is expected to emerge in the near future.
IP Multimedia Subsystem (IMS) Services Market by Top Manufacturers:
Analysis and Key Opportunities of IP Multimedia Subsystem (IMS) Services Market Report: Extensive analysis of the Global market, by component, helps in understanding the components of the Market that are currently used along with the variants that would gain prominence in the future. IP Multimedia Subsystem (IMS) Services market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Key Market Trends
Emergence of 5G Offers Potential Opportunities
- 5G technology is expected to fundamentally transform the role that telecommunications technology is playing in society. Further, it will enable pervasive digitalization of a hyper-connected society, where not only are all people connected to the network whenever needed, but also many other devices/things virtually creating the society with everything connected.
- 5G development requires more spectrum resources, especially low-frequency resources with good penetrating capabilities.IMS deployment has entered the fast lane. According to statistics of GSMA, 138 carriers around the world had launched IMS-based VoLTE networks by May 2019.
- For operators to retain the voice and messaging business and stay relevant to their customers they have the opportunity to provide innovative, cost-efficient and interoperable communication services. And thus, IMS provides one common system for all IP-based communication services, for both consumers and business users.
- Further, 5G will enable new use cases such as in smart cities, smart agriculture, logistics, and public safety agencies. Thus the growth of 5G will offer a huge opportunity for IP multimedia subsystem (IMS) services market to blossom.
Asia-Pacific to Register Highest Growth Rate
- The Asia-Pacific region is the fastest-growing economic region in the world. The region is witnessing the rapid proliferation of smart technologies, such as smart cities, autonomous vehicles, IoT applications, home automation, industrial automation, intelligent processing technologies, and others such factors are expected to drive market growth.
- Moreover, India is the world’s second largest telecommunications market, with 1,206.22 million subscribers as of March 2019. Further, IBEF forecasted that the number of internet subscribers in the country is expected to double by 2021 to 829 million and overall IP traffic is expected to grow four-fold at a CAGR of 30 percent by 2021.
- In addition, the government of India is proactive in providing room for growth for telecom companies. For instance, the government of India has introduced the ‘Digital India’ program under which all the sectors such as healthcare, retail, etc. will be connected through the internet. In the result of such initiative, the IP multimedia subsystem (IMS) services market
is expected to grow at the highest rate in the Asia-Pacific region.
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Some Major Point cover in this IP Multimedia Subsystem (IMS) Services report are: -
What will the market growth rate, Overview and Analysis by Type of IP Multimedia Subsystem (IMS) Services Market in 2024?
What are the key factors driving, Analysis by Applications and Countries Global IP Multimedia Subsystem (IMS) Services industry?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Manufacturers Profiles of IP Multimedia Subsystem (IMS) Services?
Who are Opportunities, Risk and Driving Force of IP Multimedia Subsystem (IMS) Services Market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
Who are the opportunities and threats faced by the Manufacturers in IP Multimedia Subsystem (IMS) Services space? Business Overview by Type, Applications, Gross Margin and Market Share
What are the market opportunities, market risk and market overview of the IP Multimedia Subsystem (IMS) Services Market?
No. of Pages: - 120
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Table of Contents included in IP Multimedia Subsystem (IMS) Services Market Report –
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user industry
PART 07: Market segmentation by application
PART 08: Geographical Segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
List of abbreviations
List of Exhibits
And Many More….
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