Skip to main content

How is VoWiFi Transforming Network Connectivity?

The adoption of VoWiFi is growing rapidly all over the globe. This is driving the progress of the global VoWiFi market. As a result, the valuation of the market is predicted to rise from $2,035.3 million in 2019 to $22,801.2 million by 2030. Furthermore, according to the estimates of P&S Intelligence, a market research firm based in India, the market would exhibit a CAGR of 24.5% between 2020 and 2030.



The most widely used VoWiFi technologies are the circuit-switched fallback (CSFB), voice over IP multimedia subsystem (IMS), and voice over LTE generic access (VoLGA). Out of these, the usage of the VoLGA technology is predicted to rise rapidly across the world in the upcoming years. This would be due to the ability of this technology to provide VoLTE services by using the network operator’s 4G infrastructure. Additionally, this technology doesn’t require modifications in the architecture.

Globally, the Asia-Pacific VoWiFi market is predicted to demonstrate the fastest growth in the future. In this region, China currently has the biggest VoLTE subscriber base, due to the existence of major telecom operators such as China Mobile, China Unicom, and China Telecom. The rapid deployment of Wi-Fi networks in other countries is also fueling the advancement of the industry in the region. For example, BSNL, an Indian government-owned telecom company, started a partnership with Google LLC in May 2019.

Thus, it is quite clear that the popularity of VoWiFi would surge all over the world in the upcoming years, mainly because of the increasing deployment of Wi-Fi hotspots in several public places and the growing demand for better Wi-Fi connectivity across the world. 

This market research report provides a comprehensive overview of the VoWiFi market
  • Future potential of the market through its forecast for the period 2020– 2030
  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

Comments

Popular posts from this blog

Revenue Explosion Predicted in Global Micro Battery Market During 2020—2024

The global micro battery market had a valuation of $418.2 million in 2018 and is predicted to generate a revenue of $1,100.0 million by 2024. Furthermore, the market will exhibit a CAGR of 18.4% between 2019 and 2024. The increasing usage of wearable devices, the rising integration of the internet of things (IoT) in medical devices, and the soaring usage of compact batteries in healthcare applications are the major factors fueling the progress of the market. The rising incorporation of the IoT in medical devices is an important factor propelling the growth of the micro battery market across the globe. With the soaring population levels and the rising prevalence of chronic diseases in various countries, the healthcare industry is rapidly adopting high-tech solutions. The growing usage of advanced medical devices and wearable electronics is causing huge improvements in patient care and treatment procedures. Moreover, it is massively reducing the healthcare costs.  For example, medic...

Demand for Webgames Set to Shoot Up in Asia-Pacific in Coming Years

The global webgame market valuation will rise from $3.5 billion in 2019 to $6.5 billion by 2030. Furthermore, the market is predicted to demonstrate a CAGR of 5.7% between 2020 and 2030. Depending on genre, webgames are classified into sports games, real-time strategy games, massive multiplayer online roleplaying games (MMORPGs), arcade games, and first-person shooters. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/webgame-market-insights/report-sample Out of these, the popularity of first-person shooters will grow sharply across the world in the forthcoming years, as per the estimates of P&S Intelligence, a market research company based in India. These types of games are not like the third-person shooters, in which, the gamers can see the character which they are controlling. As these games are highly engrossing and thrilling, their popularity is soaring rapidly all over the world. Globally, the webgame industry is predicted to exhibit the...

Increasing Adoption of AR/VR Solutions To Drive Extended Reality (XR) Market

Growth factors such as the increasing adoption of augmented reality (AR)/virtual reality (VR) solutions, surging penetration of smartphones and connected devices, and rising number of partnerships and collaborations among players are expected to drive the growth of the extended reality (XR) market at a CAGR of 48.3% during the forecast period (2020–2030). With this growth rate, the market size is projected to reach $1,005.9 billion by 2030 from $18.6 billion in 2019. The increasing penetration of AR/VR solutions among people and industries is a key factor that will improve the extended reality market growth scenario in the coming years. To gain knowledge and for entertainment purposes, people are increasingly adopting head-mounted displays (HMDs), which is why market players are offering these solutions to provide an engaging and interactive customer experience. AR and VR add to or completely replace the visual reality for people, thus transporting them to a completely different world...