IP Multimedia Subsystem (IMS) Market – Growth, Statistics, By Application, Production, Revenue And Forecast To 2026 – Virtual-Strategy Magazine

Future Market Insights (FMI) recently published a report on the global market for IP multimedia subsystem, findings from which assert that the market will surge at an impressive pace over the forecast period (2016-2026). Demand for IP multimedia subsystem is anticipated to grow at a pronounce rate and bring in US$ 50,347.4 Mn in revenues by 2026-end, reflecting a CAGR of 15% during the forecast period. Increasing use of shared service infrastructure is cited as a key factor propelling growth of the global IP multimedia subsystem market. In addition, interworking with Internet and support for quality of service is also likely to drive the demand for IP multimedia subsystem in the near future.
As per the FMI report, the global market for IP multimedia subsystem is expected to represent an incremental opportunity of US$ 37,927.6 Mn between 2016 and 2026. The market is anticipated to witness overwhelming growth owing to the increasing usage of services such as instant messaging, multimedia, and conferencing. Moreover, enterprises are now using IP multimedia subsystem to communicate with other business clients in real-time. IP multimedia subsystems enable service expansion, especially in multimedia communication and integrated voice services. This helps in collaboration of multiple media, multiple points of access and multiple modes of communication into a single network, which is why a large number of network operators are adopting IMS services. Mitel Networks Corporation, Cirpack SAS, Italtel S.p.A, Cisco Systems, Inc., Huawei Technologies Co. Ltd., Du, IBM Corporation, ZTE Corporation, Etisalat, Ericsson Inc., Nokia Corporation, MTN Irancell Telecommunication Services Company are recognised as top companies providing IP multimedia subsystem solutions.
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IP multimedia subsystem services are creating new opportunities for network operators and end users
Due to IP multimedia subsystems, network operators can expand the portfolio of their services such as multimedia communication and integrated voice services. This aids in the collaboration of multiple media, multiple points of access and multiple modes of communication into a single network due to which a large number of network operators are adopting IP multimedia subsystem services.
IP multimedia subsystem services also include a feature to add, modify or delete a session in the existing multimedia call and help end users have a personalised experience for voice, data and multimedia sessions. IP multimedia subsystem services help users to choose the most suitable medium of communication in real time, and allow them to control when and how they want to communicate.
Market Taxonomy
By Mode of Communication
By End User
By Application
By Region
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Key Highlights of the Report include:
Among regions, the market for IP multimedia subsystems in North America is expected to remain dominant throughout the forecast period. In 2016, the region’s market reached a valuation of US$ 3,318.2 Mn, with 26.7% revenue share.  APEJ is also expected to witness a robust growth of its IP multimedia subsystems market, increasing at an attractive CAGR of 18.5 % during the forecast period.
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact
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