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Global Voice over 5G (Vo5G) Market 2018-2023: Focus on Smart Phones, Wearable Technology, IoT, Virtual Reality, Robotics, and Teleoperation - ResearchAndMarkets.com

August 30, 2018

DUBLIN--(BUSINESS WIRE)--Aug 30, 2018--The “Voice over 5G (Vo5G) Market: Smart Phones, Wearable Technology, IoT, Virtual Reality, Robotics, and Teleoperation 2018 - 2023” report has been added to ResearchAndMarkets.com’s offering.

This report evaluates the Vo5G market including companies, technologies, strategies, and solutions. The report assesses the market potential and outlook for many Vo5G supported applications and services including enhancements to existing solutions as well as completely new user experiences and use case scenarios. It also evaluates how 5G will support various next generation immersive apps and services such as Virtual Reality. The report includes detailed Vo5G market forecasts for all major equipment, application, and industry segments for the 2018 to 2023 period.

Despite the industry emphasis on many new data-related capabilities materializing with 5G, voice will remain a critical function, but will diminish in importance as a stand-alone service. While 5G will support Ultra High Definition (UHD) audio communications, streaming video and ultra-clear voice communication are not anticipated to be the most important overall economic impacts of the technology. Instead, the main value proposition will be Voice over 5G (Vo5G) embedded with many advanced applications and services including Unified Communications (UC), Real-time Communications (including WebRTC), Telepresence, Augmented Reality, Virtual Reality (VR), and Mixed Reality, tele-robotics control, and various IoT enabled applications and services.

While each of these architectures has unique challenges, all of them require network readiness of IP Multimedia Subsystem (IMS) within the carrier’s network. In addition, each migration path will lead to substantially enhanced voice capabilities via enhanced LTE and VoNR solutions. This will lead to important advances for integrated UHD voice communications as well as next generation voice-based user interfaces in support of immersive technologies and IoT enabled apps and services. Vo5G will also replace VoLTE as a preferred method of vocal/auditory communication as well as act as the input medium for a wide variety of user interfaces, many of which currently rely upon WiFi.

Key Findings:

Vo5Gwill be an essential component for next generation apps and services North America will be the largest Vo5G regional market through 2023 at $29.1 billion Asia Pacific and Europe will grow at 77.7% and 69.3% CAGR respectively through 2023 Vo5G will transform virtual reality to become a viable anytime, anywhere telepresence solution Vo5G will be the catalyst for a major shift away from smartphones as the primary consumer device

Report Benefits:

Vo5G market forecasts 2018 to 2023 Understand the evolution of VoLTE to Vo5G via VoNR Understand the importance of IMS to relative to Vo5G Identify the market drivers for Vo5G enabled apps and services Identify high revenue Vo5G applications and services by industry Learn how 5G benefits Virtual Reality and other immersive technologies

Key Topics Covered:

1. Introduction

2. Technology and Market Analysis

3. Ecosystem and Value Chain Analysis

4. Company Analysis

5. Vo5G Market Analysis and Forecasts 2018 - 2023

6. Conclusions and Recommendations

7. Appendix: 5G and Virtual Reality

Companies Mentioned

Analog Devices Inc. AT&T Inc. Broadcom Corporation Cavium China Mobile CISCO Systems Inc. Deutsche Telekom AG Ericsson AB Fujitsu Ltd. HPE Huawei Technologies Co. Ltd. Intel Corporation Juniper Networks, Inc. KT Corporation LG Electronics Inc. LG Uplus Corp. MACOM Technology MediaTek Inc. NEC Corporation Nokia Networks NTT Docomo Inc. Orange SA Qorvo Inc. Qualcomm Incorporated Samsung Electronics Co. Ltd. SingTel SK Telecom Telecom Co. Ltd. T-Mobile US Inc. Telefonica Verizon Communications VMware Inc. Vodafone ZTE Corporation

For more information about this report visit https://www.researchandmarkets.com/research/fm7jdw/global_voice_over?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005303/en/

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Related Topics:4G and 5G,Smartphones and Mobile Devices,Wearable Technology

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/30/2018 04:45 AM/DISC: 08/30/2018 04:45 AM

http://www.businesswire.com/news/home/20180830005303/en

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