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2022
Asia Pacific Voice Over Lte Market

Asia Pacific Voice Over LTE Market by Technology, (Voice over IP multimedia subsystem (VoIMS), Circuit Switched Fallback (CSFB), Dual radio or Simultaneous Voice and LTE (SV LTE), Voice over LTE via Generic Access Network and Single Radio Voice Call Continuity), End User, (Corporate, Commercial and Government), and Countries (China, India, Japan, South Korea, Australia, and Rest of Asia Pacific): Opportunity Analysis and Industry Forecast, 2021–2030

A15897
Pages: 184
Mar 2022 | 319 Views
   
Author(s) : Vikas Gaikwad and Kashinath Ghatke , Vineet kumar
Tables: 61
Charts: 68
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Asia Pacific Voice Over Lte Market Statistics: 2030

The Asia Pacific Voice Over LTE Market was valued at $3,618.48 million in 2020, and is projected to reach $179,569.42 million by 2030, registering a CAGR of 47.7% from 2021 to 2030.

VoLTE is the technology in which voice calls are made over the LTE (Long Term Evolution) network. It provides superior voice quality and high internet speed over the standard networks. Moreover, VoLTE allows voice and data access simultaneously. The 4G LTE network is the mainstream foundation for the emergence of VoLTE. 4G LTE is around 20 times faster than any 3G broadband technology. Moreover, 4G LTE reduces battery drain rate more efficiently than 3G technology. Despite of the deployment of 4G LTE network for data, several service providers still prefer 3G CDMA and GSM platforms for voice calls. VoLTE is a long-term solution for voice calls as it is designed for the replacement of conventional mobile voice platforms by easy integration of VoIP (Voice over Internet Protocol) services including landline networks.

	Asia-Pacific-Voice-over-LTE-Market

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The Asia Pacific Voice over LTE market growth is influenced by several factors such as rise in demand for improved video and voice quality along with the high-speed internet and increasing investment in VoLTE across Asia Pacific. In addition, a presence of leading VoLTE market players in Asia Pacific fuel the growth of this market. However, delayed acceptance in emerging economies hampered the growth of the market to some extent. On the other hand, advent of the 5G Network connectivity and rise in demand for mobile UC (Unified Communications) are estimated to be opportunistic for the growth of the market. 

In addition, the VoLTE technology provides Rich Communication Services (RCS) such as video calling, real time language translation, video voice mail, and instant messaging. These features are the new strengths for mobile vendors to compete against the OTT providers. 

On the basis of technology, the voice over IP multimedia subsystem segment dominated the Asia Pacific voice over LTE market in 2020, and is expected to maintain its dominance in the upcoming years. IP Multimedia Subsystem or IMS is a standards-based architectural framework for delivering multimedia communications services such as voice, video and text messaging over IP networks. Voice Over IP Multimedia Subsystem (VoIMS) is a voice over LTE approach that uses IMS. An IP multimedia subsystem is a low-cost network infrastructure compared to other networks. The cost-effectiveness of this technology is driving the VoLTE market in Asia Pacific. 

China dominates the Asia Pacific Voice Over LTE Market. The huge presence of subscribers of mobile phones in China is the primary reason for adoption of VoLTE services by telecom operators in the region. Moreover, faster connection speed along with better sound quality are some of the factors driving the growth of the VoLTE services in China. In addition, the launch of 5G services and healthy adoption of these services by people of China is also driving the growth of the VoLTE market in China.

The report focuses on the growth prospects, restraints, and Asia Pacific Voice over LTE market share. The study provides Porter’s five forces analysis of the Asia Pacific Voice over LTE market forecast to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, the threat of new entrants, threat of substitutes, and bargaining power of buyers on the Asia Pacific Voice over LTE market trends.

Segment Review

The Asia Pacific VoLTE market is segmented on the basis of technology, end user, and country. Based on the technology, it is bifurcated into Voice over IP multimedia subsystem (VoIMS), Circuit Switched Fallback (CSFB), Dual radio or Simultaneous Voice and LTE (SV LTE), Voice over LTE via Generic Access Network and Single Radio Voice Call Continuity. Based on end user, the market is categorized into corporate, commercial and government. Country wise, it is analyzed across China, India, Japan, South Korea, Australia, and rest of Asia Pacific.

Covid-19 Impact Analysis

The COVID-19 outbreak has low impact on the growth of the Asia Pacific VoLTE market, owing to the fact that the government and private sectors in emerging countries are working together to speed up the development of 5G and VoLTE infrastructure in the wake of the pandemic. For instance, in Thailand, mobile network operators (MNO) are joining forces to provide 5G networks to hospitals. The Eastern Economic Corridor (EEC), which is a special development zone of Thailand, mandates that 5G must cover approximately 50% of the area in 2020, which means that the equipment installation must commence this year in industrial areas.

Moreover, the COVID-19 impact has prompted every company and business to shift their business operations towards a remote work environment. As a result of the dire situation, companies began to implement the BYOD program or enterprise-owned equipment. Therefore, the need for high internet speed and better voice quality for proper communication has increased. Moreover, during the COVID due to WFH policies the demand for best in market smartphones and LTE enabled internet providers demand increased significantly. However, the shortage of revenue generation and delay in implementation of 5G services in many regions during COVID also hampered the Asia Pacific voice over LTE market growth.

Asia Pacific Voice Over LTE Market
By Technology

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Voice Over Lte Via Generic Access Network segment is projected as one of the most lucrative segments.

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Top Impacting Factors    

The Asia Pacific VoLTE Market is influenced by several factors such as rise in demand for improved video and voice quality along with the high-speed internet and increasing investment in VoLTE across Asia Pacific. In addition, presence of leading VoLTE market players in Asia Pacific fuels the growth of the market. However, delayed acceptance in emerging economies hampers the growth of the market to some extent. On the other hand, advent of the 5G Network connectivity and rise in demand for mobile Unified Communications (UC) are estimated to be opportunistic for the growth of the market.   

Rise in demand for improved video and voice quality along with high-speed internet VoLTE technology allows voice calls over an LTE network. This technology harnesses data capabilities of LTE coupled with the traditional voice services on to the same LTE network. Hence, it empowers network operators to provide rich video, voice, and messaging services. Moreover, VoLTE enable operators to provide a set of standards based on services such as Rich Communication Services (RCS) that comprise video, real time language translation, instant messaging, voice mail, and video calling.  Furthermore, the call quality associated with the network generations such as 2G and 3G was not high-definition. This has led to the emergence of 4G VoLTE to meet rise in demand for enhanced video and voice quality. For instance, according to the various studies, VoLTE delivers six times better call quality than 2G and up to three times that of 3G.

 

Asia Pacific Voice Over LTE Market
By End User

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Corporate segment is projected as one of the most lucrative segments.

 

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Presence Of Leading Volte Market Players In Asia Pacific 

Asia Pacific has the highest number of VoLTE subscribers as well as operators across the globe. For instance, the number of subscriptions in this region is about 4.2 billion which accounts for around 53% of the total number of VoLTE subscriptions around the globe. In addition, the mobile network providers such as Bharati Airtel Limited, Reliance Jio, Vodafone, Digi, Yes 4G, U Mobile, and Dialog have ventured into the VoLTE technology and are heavily investing in this technology to provide enhanced services. Aforementioned factors significantly boost growth of the Asia Pacific Voice Over LTE Industry.

Emergence of 5G

5G network deployments are rolling out across numerous markets around the world, and its adoption rate is about four times that of its 4G LTE predecessor. This has led to the emerging need for networks that have been relying on 2G and 3G for voice to allow voice calls on 5G smartphones. VoLTE supports 5G LTE devices and enables 5G users to reap the benefits of voice over services effectively. The VoLTE technology's advantages in higher voice quality and voice-data concurrence capability are essential for 5G. For instance, as 5G no longer supports circuit-switched fallback (CSFB) for voice, it relies on VoLTE to provide voice service to their customers. Hence, emergence of 5G is expected to create lucrative growth opportunities for the Asia Pacific voice over LTE market.

Asia Pacific Voice Over LTE Market
By Country

2030
China 
Japan
India
South Korea
Australia
Rest Of Asia-pacific

China is projected as one of the most significant country

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Key Benefits For Stakeholders

  • his study includes the Asia Pacific Voice Over LTE Market analysis, trends, and future estimations to determine the imminent investment pockets.
  • he report presents information related to key drivers, restraints, and Asia Pacific Voice Over LTE Market opportunity.
  • he Asia Pacific Voice over LTE market size is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in Asia Pacific Voice Over LTE industry.

Key Market Segments

  • BY TECHNOLOGY
    • Voice Over IP Multimedia Subsystem
    • Circuit Switched Fall Back
    • Dual Radio Or Simultaneous Voice And LTE
    • Voice Over LTE Via Generic Access Network
    • Single Radio Voice Call Continuity
  • BY END USER
    • Corporate
    • Commercial
    • Government
  • BY COUNTRY
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • By Key Market Players
    • Huawei Technologies Co., Ltd.
    • LG Uplus Corp.
    • SK Telecom
    • Cisco Systems, Inc.
    • KT Corporation
    • Ericsson
    • Nokia Networks
    • Vodafone Group Plc
    • Bharti Airtel
    • China Mobile Limited
 

CHAPTER 1:INTRODUCTION

1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.KEY MARKET SEGMENTS
1.4.RESEARCH METHODOLOGY

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.KEY FINDINGS

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO PERSPECTIVE

CHAPTER 3:MARKET OVERVIEW

3.1.MARKET DEFINITION AND SCOPE
3.2.PORTER’S FIVE FORCES ANALYSIS
3.3.MARKET DYNAMICS

3.3.1.Drivers

3.3.1.1.Rise in demand for improved video and voice quality along with high-speed internet
3.3.1.2.Increase in investment in VoLTE across Asia-Pacific
3.3.1.3.Presence of leading VoLTE market players in Asia-Pacific

3.3.2.Restraint

3.3.2.1.Delayed acceptance in emerging economies

3.3.3.Opportunities

3.3.3.1.Emergence of 5G
3.3.3.2.Rise in demand for mobile UC

3.4.REGULATORY GUIDELINES
3.5.TRADITIONAL CALL SMS/ VOLTE/THIRD PARTY APPLICATION TRANSITIONS
3.6.DATA USAGE IN DEVELOPING COUNTRIES
3.7.COMPARISON OF WIRED AND WIRELESS BROADBAND ROUTERS
3.8.CPE BROADBAND STATISTICS FOR ASIA-PACIFIC REGION
3.9.COVID-19 IMPACT ANALYSIS ON ASIA-PACIFIC VOICE OVER LTE MARKET

3.9.1.Impact on market size
3.9.2.Consumer trends, preferences, and budget impact
3.9.3.Regulatory framework
3.9.4.Economic impact
3.9.5.Key player strategies to tackle negative impact
3.9.6.Opportunity window

CHAPTER 4:VOICE OVER LTE MARKET, BY TECHNOLOGY

4.1.OVERVIEW
4.2.VOICE OVER IP MULTIMEDIA SUBSYSTEM

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by Country
4.2.3.Market analysis, by country

4.3.CIRCUIT SWITCHED FALL BACK

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by country
4.3.3.Market analysis, by country

4.4.DUAL RADIO/SIMULTANEOUS VOICE AND LTE

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by country
4.4.3.Market analysis, by country

4.5.VOICE OVER LTE VIA GENERIC ACCESS NETWORK

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by country
4.5.3.Market analysis, by country

4.6.SINGLE RADIO VOICE CALL CONTINUITY

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by country
4.6.3.Market analysis, by country

CHAPTER 5:ASIA-PACIFIC VOICE OVER LTE MARKET, BY END USER

5.1.OVERVIEW
5.2.CORPORATE

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by country
5.2.3.Market analysis, by country

5.3.COMMERCIAL

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by country
5.3.3.Market analysis, by country

5.4.GOVERNMENT

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by country
5.4.3.Market analysis, by country

CHAPTER 6:ASIA-PACIFIC VOICE OVER LTE MARKET, BY COUNTRY

6.1.OVERVIEW
6.2.CHINA

6.2.1.Market size and forecast, by Technology
6.2.2.Market size and forecast, by End User

6.3.JAPAN

6.3.1.Market size and forecast, by Technology
6.3.2.Market size and forecast, by End User

6.4.INDIA

6.4.1.Market size and forecast, by Technology
6.4.2.Market size and forecast, by End User

6.5.SOUTH KOREA

6.5.1.Market size and forecast, by Technology
6.5.2.Market size and forecast, by End User

6.6.AUSTRALIA

6.6.1.Market size and forecast, by Technology
6.6.2.Market size and forecast, by End User

6.7.REST OF ASIA-PACIFIC

6.7.1.Market size and forecast, by Technology
6.7.2.Market size and forecast, by End User

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.TOP WINNING STRATEGIES

7.1.1.Market player positioning, 2020

7.2.COMPETITIVE DASHBOARD

CHAPTER 8:COMPANY PROFILES

8.1.HUAWEI TECHNOLOGIES CO., LTD.

8.1.1.Company overview
8.1.2.Key executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.7.Business performance
8.1.8.Key strategic moves and developments

8.2.LG UPLUS CORP.

8.2.1.Company overview
8.2.2.Key executives
8.2.3.Company snapshot
8.2.4.Product portfolio
8.2.5.Business performance
8.2.6.Key strategic moves and developments

8.3.SK TELECOM CO., LTD.

8.3.1.Company overview
8.3.2.Key executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.Business performance
8.3.7.Key strategic moves and developments

8.4.CISCO SYSTEMS, INC.

8.4.1.Company overview
8.4.2.Key executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.R&D expenditure
8.4.7.Business performance
8.4.8.Key strategic moves and developments

8.5.KT CORP.

8.5.1.Company overview
8.5.2.Key executives
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.R&D expenditure
8.5.7.Business performance
8.5.8.Key strategic moves and developments

8.6.ERICSSON

8.6.1.Company overview
8.6.2.Key executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.R&D Expenditure
8.6.7.Business performance
8.6.8.Key strategic moves and developments

8.7.NOKIA NETWORKS

8.7.1.Company overview
8.7.2.Key executives
8.7.3.Company snapshot
8.7.4.Operating business segments
8.7.5.Product portfolio
8.7.6.R&D Expenditure
8.7.7.Business performance
8.7.8.Key strategic moves and developments

8.8.VODAFONE GROUP PLC

8.8.1.Company overview
8.8.2.Key executives
8.8.3.Company snapshot
8.8.4.Product portfolio
8.8.5.Business performance
8.8.6.Key strategic moves and developments

8.9.BHARTI AIRTEL LIMITED.

8.9.1.Company overview
8.9.2.Key Executives
8.9.3.Company snapshot
8.9.4.Product portfolio
8.9.5.Business performance
8.9.6.Key strategic moves and developments

8.10.CHINA MOBILE LIMITED.

8.10.1.Company overview
8.10.2.Key Executives
8.10.3.Company snapshot
8.10.4.Product portfolio
8.10.5.R&D expenditure
8.10.6.Business performance
8.10.7.Key strategic moves and developments

LIST OF TABLES

TABLE 01.ASIA-PACIFIC CPE BROADBAND MARKET
TABLE 02.VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 03.ASIA-PACIFIC VOLTE MARKET FOR VOICE OVER IP MULTIMEDIA SUBSYSTEM MARKET REVENUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 04.ASIA-PACIFIC VOLTE MARKET FOR CIRCUIT SWITCHED FALL BACK, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 05.ASIA-PACIFIC VOLTE MARKET FOR DUAL RADIO OR SIMULTANEOUS VOICE AND LTE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 06.ASIA-PACIFIC VOLTE MARKET FOR VOICE OVER LTE VIA GENERIC ACCESS NETWORK , BY COUNTRY, 2020–2030 ($MILLION)
TABLE 07.ASIA-PACIFIC VOLTE MARKET FOR SINGLE RADIO VOICE CALL CONTINUITY, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 08.ASIA-PACIFIC VOICE OVER LTE MARKET REVENUE, BY END USER, 2020–2030 ($MILLION)
TABLE 09.ASIA-PACIFIC VOLTE MARKET FOR CORPORATE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 10.ASIA-PACIFIC VOLTE MARKET FOR COMMERCIAL, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 11.ASIA-PACIFIC VOLTE MARKET FOR GOVERNMENT, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 12.VOICE OVER LTE MARKET REVENUE, BY COUNTRY, 2020–2030 ($MILLION)
TABLE 13.CHINA VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 14.CHINA VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 15.JAPAN VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 16.JAPAN VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 17.INDIA VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 18.INDIA VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 19.SOUTH KOREA VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 20.SOUTH KOREA VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 21.AUSTRALIA VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 22.AUSTRALIA VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 23.REST OF ASIA-PACIFIC VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 24.REST OF ASIA-PACIFIC VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 25.HUAWEI TECHNOLOGIES CO., LTD.: KEY EXECUTIVES
TABLE 26.HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
TABLE 27.HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT CATEGORIES
TABLE 28.HUAWEI TECHNOLOGIES CO., LTD..: PRODUCT PORTFOLIO
TABLE 29.LG UPLUS CORP.: KEY EXECUTIVES
TABLE 30.LG UPLUS CORP.: COMPANY SNAPSHOT
TABLE 31.LG UPLUS CORP.: PRODUCT PORTFOLIO
TABLE 32.SK TELECOM CO., LTD.: KEY EXECUTIVES
TABLE 33.SK TELECOM CO., LTD.: COMPANY SNAPSHOT
TABLE 34.SK TELECOM CO., LTD.: OPERATING SEGMENTS
TABLE 35.SK TELECOM CO., LTD.: PRODUCT PORTFOLIO
TABLE 36.CISCO SYSTEMS, INC.: KEY EXECUTIVES
TABLE 37.CISCO SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 38.CISCO SYSTEMS, INC.: OPERATING SEGMENTS
TABLE 39.CISCO SYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 40.KT CORP.: KEY EXECUTIVES
TABLE 41.KT CORP.: COMPANY SNAPSHOT
TABLE 42.KT CORP.: OPERATING SEGMENTS
TABLE 43.KT CORP.: PRODUCT PORTFOLIO
TABLE 44.ERICSSON: KEY EXECUTIVES
TABLE 45.ERICSSON: COMPANY SNAPSHOT
TABLE 46.ERICSSON: OPERATING SEGMENTS
TABLE 47.ERICSSON: PRODUCT PORTFOLIO
TABLE 48.NOKIA NETWORKS: KEY EXECUTIVES
TABLE 49.NOKIA NETWORKS: COMPANY SNAPSHOT
TABLE 50.NOKIA NETWORKS: OPERATING SEGMENTS
TABLE 51.NOKIA NETWORKS: PRODUCT PORTFOLIO
TABLE 52.VODAFONE GROUP PLC: KEY EXECUTIVES
TABLE 53.VODAFONE GROUP PLC: COMPANY SNAPSHOT
TABLE 54.VODAFONE GROUP PLC: PRODUCT PORTFOLIO
TABLE 55.BHARTI AIRTEL LIMITED.: KEY EXECUTIVES
TABLE 56.BHARTI AIRTEL LIMITED.: COMPANY SNAPSHOT
TABLE 57.BHARTI AIRTEL LIMITED.: PRODUCT PORTFOLIO
TABLE 58.BHARTI AIRTEL LIMITED.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 59.CHINA MOBILE LIMITED.: KEY EXECUTIVES
TABLE 60.CHINA MOBILE LIMITED.: COMPANY SNAPSHOT
TABLE 61.CHINA MOBILE LIMITED.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.ASIA-PACIFIC VOICE OVER LTE MARKET, 2020–2030
FIGURE 03.ASIA-PACIFIC VOICE OVER LTE MARKET, 2020–2030
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE TO HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.HIGH THREAT OF NEW ENTRANTS
FIGURE 10.HIGH COMPETITIVE RIVALRY
FIGURE 11.MARKET DYNAMICS: ASIA-PACIFIC VOICE OVER LTE MARKET
FIGURE 12.EVOLUTION OF LTE TECHNOLOGY
FIGURE 13.INTERNET USERS IN ASIA
FIGURE 14.TRANSITION TO 5G NETWORKS IN ASIA-PACIFIC REGION
FIGURE 15.VOICE OVER LTE MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($MILLION)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC VOLTE MARKET FOR VOICE OVER IP MULTIMEDIA SUBSYSTEM MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC VOLTE MARKET CIRCUIT SWITCHED FALL BACK MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC VOLTE MARKET FOR DUAL RADIO/SIMULTANEOUS VOICE AND LTE MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC VOLTE MARKET VOICE OVER LTE VIA GENERIC ACCESS NETWORK MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC VOLTE MARKET FOR SINGLE RADIO VOICE CALL CONTINUITY MARKET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.ASIA-PACIFIC VOICE OVER LTE MARKET REVENUE, BY END USER, 2020–2030($MILLION)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC VOLTE MARKET FOR CORPORATE, BY COUNTRY,  2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC VOLTE MARKET FOR COMMERCIAL, BY COUNTRY,  2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC VOLTE MARKET FOR GOVERNMENT, BY COUNTRY,  2020 & 2030 (%)
FIGURE 25.CHINA VOICE OVER LTE MARKET, 2020–2030 ($MILLION)
FIGURE 26.JAPAN VOICE OVER LTE MARKET, 2020–2030 ($MILLION)
FIGURE 27.INDIA VOICE OVER LTE MARKET, 2020–2030 ($MILLION)
FIGURE 28.SOUTH KOREA VOICE OVER LTE MARKET, 2020–2030 ($MILLION)
FIGURE 29.AUSTRALIA VOICE OVER LTE MARKET, 2020–2030 ($MILLION)
FIGURE 30.REST OF ASIA-PACIFIC VOICE OVER LTE MARKET, 2020–2030 ($MILLION)
FIGURE 31.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 32.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021
FIGURE 33.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 34.KEY PLAYER POSITIONING ANALYSIS: ASIA-PACIFIC VOICE OVER LTE MARKET
FIGURE 35.COMPETITIVE DASHBOARD
FIGURE 36.COMPETITIVE DASHBOARD
FIGURE 37.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 38.R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 39.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE, 2018–2020 ($MILLION)
FIGURE 40.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 41.HUAWEI TECHNOLOGIES CO., LTD.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 42.LG UPLUS CORP.: REVENUE, 2018–2020 ($MILLION)
FIGURE 43.LG UPLUS CORP.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 44.SK TELECOM CO., LTD.: REVENUE, 2018-2020 ($MILLION)
FIGURE 45.SK TELECOM CO., LTD.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 46.R&D EXPENDITURE, 2019-2021 ($MILLION)
FIGURE 47.CISCO SYSTEMS, INC.: REVENUE, 2019-2021 ($MILLION)
FIGURE 48.CISCO SYSTEMS, INC.: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 49.CISCO SYSTEMS, INC.: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 51.KT CORP.: REVENUE, 2018–2020 ($MILLION)
FIGURE 52.KT CORP.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 53.KT CORP.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 54.R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 55.ERICSSON: REVENUE, 2018–2020 ($MILLION)
FIGURE 56.ERICSSON: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.ERICSSON: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 58.R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 59.NOKIA NETWORKS: REVENUE, 2018-2020 ($MILLION)
FIGURE 60.NOKIA NETWORKS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 61.NOKIA NETWORKS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 62.VODAFONE GROUP PLC: REVENUE, 2019-2021 ($MILLION)
FIGURE 63.VODAFONE GROUP PLC: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 64.BHARTI AIRTEL LIMITED.: REVENUE, 2019-2021 ($MILLION)
FIGURE 65.BHARTI AIRTEL LIMITED: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 66.BHARTI AIRTEL LIMITED: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 67.R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 68.CHINA MOBILE LIMITED.: REVENUE, 2018–2020 ($MILLION)


 
 

In accordance with several interviews conducted of the top level CXOs, the Asia-Pacific region is witnessing an increased adoption of VoLTE technology from developing economies such as India and China. Moreover, the VoLTE market signifies a promising picture for the telecommunication sector. The current business scenario has witnessed an upsurge in the deployment of VoLTE services in developed as well as the developing regions. The companies adopt efficient techniques in an effort to provide the customers with advanced and innovated services. Moreover, the deployment of 5G services across the region is also driving the growth of the market, especially in countries such as China, Japan and South Korea. 

In addition, from a growth perspective, Asia-Pacific is one of the most attractive markets for VoLTE technology due to increasing investment in technology by mobile operators such as SK Telcom, LG Uplus, Huawei Technologies and China Mobile and capturing a large customer base among developed and developing countries in the region.

Among the technologies used in deploying VoLTE services, Circuit-switched fallback (CSFB) has the highest market share due to its widespread acceptance as the ultimate solution for providing voice services through LTE. Although the technology requires specific modifications to the hardware infrastructure and uses multiple data transition elements, it is still a cost-efficient solution for voice provisioning over LTE. However, Voice Over LTE Via Generic Access Network (VOLGA) is expected to be the fastest growing technology due to short-term service acceleration as well as long-term investment protection, which are designed to deliver profitable telephony services.
 

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