Global Voice-over-WiFi (VoWiFi) Market Outlook to 2023 - Numerous Advantageous Features of VoWiFi to Drive Inclination Toward Adoption - ResearchAndMarkets.com
May. 14, 2018
DUBLIN--(BUSINESS WIRE)--May 14, 2018--The "Global Voice over WiFi (VoWiFi) Market - Segmented by Service (VoLTE, VoWiFi, RCS, Web, Voice, Others), Device Type (Smartphone, Routers) & Region - Growth, Trends, And Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global voice over Wi-Fi (VoWiFi) market is anticipated to register a CAGR of 16.8% during the forecast period of 2018-2023.
The key carriers in the market studied are preparing to launch both VoLTE and VoWiFi services for the consumers only once these services are stable, so that quality is not compromised. They are also contemplating the best way to advertise the two services, so that consumers value the quality of voice calling and perceive the enhancements provided, as value added services (VAS). This leads to the neutralization of the declining trend of smartphone users not making phone calls and moving to OTT alternatives.
Over the long term, most operators are expected to launch both VoWiFi and VoLTE services, as a natural evolution toward an all-IP-based communication. However, over the short term, some of the carriers may choose to launch one of the two services first, and their decision is expected to be mainly influenced by three main factors, including the need to improve indoor coverage, potential cost savings, and the customers' interest toward enhanced communication services.
Factors Driving the MarketIncreasing Internet Penetration
Factors Restraining the MarketLimited Awareness of the Technology
Companies MentionedEricsson AB Nokia Corporation Alcatel-Lucent SA Huawei Technologies Co. Ltd Aptilo Networks LG Uplus Corporation MetroPCS Communications Inc. AT&T Inc. KT Corporation Mitel Networks Corporation Verizon
Key Topics Covered
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
5. Technology Snapshot
6. Global Voice over Wi-Fi (VoWiFi) Market Segmentation
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future of the Global Voice over Wi-Fi (VoWiFi) Market
For more information about this report visit https://www.researchandmarkets.com/research/frq6n8/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180514005986/en/
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Related Topics:4G and 5G,Smartphones and Mobile Devices,Computer Accessories,Networking Equipment,Unified Communications ,WiFi and WiMax
INDUSTRY KEYWORD: TECHNOLOGY VOIP
SOURCE: Research and Markets
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PUB: 05/14/2018 11:38 AM/DISC: 05/14/2018 11:38 AM