IP Multimedia Subsystem Market 2020: Global Market Analysis, Opportunity Assessment and Forecast to 2027 | COVID-19 Effe

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IP Multimedia Subsystem Market, By Access Network (Fixed Access, Mobile access), By Applications (Personal Digital Assistants) - Forecast 2027

IP Multimedia Subsystem Market – Overview

The need to push voice video and text messages over IP networks are motivating the market for IP multimedia subsystems. Reports that dissects the semiconductors and electronics industry have been offered by Market Research Future, which produces reports on industry verticals that judge the market progress and potentials. An 18 % CAGR is expected to provide the momentum to gain USD 4 Billion by 2022.

The launch of LTE and VoLTE is expected to motivate the IP multimedia subsystem market share in the forecast period. The enhancement of network infrastructure and services is expected to play a notable role in the expansion of the multimedia subsystem market in the impending period.

Key Players

The prominent players in the 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.

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Market Segmentation:

The segmental insight into the IP multimedia subsystem market is conducted on the basis of the access network, applications, services, regions, and functions. On the basis of the access network, the IP multimedia subsystem market has been segmented into mobile access, fixed access, and wireless access. Based on the applications, the IP multimedia subsystem market consists of personal digital assistants, computers/laptops, mobile phones, digital subscriber lines, and cable set-top boxes. On the basis of services, the IP multimedia subsystem market has been segmented into web, videos, messaging, voice, rich communication services (RCS), VoLTE, and others. Based on the functions, the IP multimedia subsystem market has been segmented into home media gateway control function (MGCF), subscriber server (HSS), signaling gateway (SGW), call session control function (CSCF), and media resource functions (MRF). On the basis of regions, the IP multimedia subsystem market is segmented into Asia Pacific, Europe, North America, and other regions in the world.

Regional Analysis:

The regional investigation of the IP multimedia subsystem market covers regions such as Asia Pacific, Europe, North America, and other regions in the world. The analysis of the report observes that the Asia Pacific region is controlling the IP multimedia subsystem market due to the expansion in numerous communication approaches, increasing diffusion of telecommunication facilities, and superior infrastructure venture by communication service suppliers. The IP multimedia subsystem market is also showing stable and substantial growth in the North American and European regions.

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Industry Updates:

Apr 2019 Bharti Airtel had been conferred a fresh deal to Swedish telecom gear manufacturer Ericsson to apply IP Multimedia Subsystem (IMS) and voice-over-LTE (VoLTE) calling technology. The move is intended at the establishment of Airtel's VoLTE service competence in the country and to a better grasp on Reliance Jio, which was the primary telco to present pan-India VoLTE service ever since its presentation in 2016.

About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

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