Skip to main content

Voce over Wi-Fi (VoWiFi) Market To Grow by 24.5% during 2020–2030

The VoWiFi market growth will be fueled by a number of factors, such as an exponential rise in the Wi-Fi hotspot availability and substantial enhancements in the overall quality of service (QoS). During the forecast period (2020–2030), the market is projected to witness a 24.5% CAGR. The market generated $2,035.3 million in 2019, and it is expected to reach $22,801.2 million by 2030.

At present, the market is witnessing the trend of offloading the mobile data traffic to the Wi-Fi network. A tremendous rise in the global Wi-Fi hotspot coverage is stimulating the VoWiFi market advance. In recent years, several governments have spent a significant amount on the installation of Wi-Fi hotspots in public areas. The number of community hotspots and wireless local area network (WLAN) hotspots is expected to reach 550 million by 2022, 261 million of which will be in Asia-Pacific (APAC) alone.



Get the sample copy of this report @ https://www.psmarketresearch.com/market-analysis/voice-over-wifi-vowifi-market/report-sample

Thus, the higher capacity and speed of Wi-Fi, free access to Wi-Fi, and large-scale deployment of community hotspots will support the market growth in the coming years. Moreover, the continuous improvements in the overall QoS since the advent of VoWiFi services will drive the VoWiFi market during the forecast period. This technology allows customers to remain connected over the call even without a mobile signal.

It enables users to reliably receive and make calls without upgrading the smartphone or installing any additional app. Moreover, the VoWiFi technology utilizes the existing security mechanism of the subscriber identification module (SIM) to protect and authenticate communications. It also provides a smooth transfer of the network from the Wi-Fi to the cellular network, while the call is going on

This market research report provides a comprehensive overview of the 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

Post a Comment

Popular posts from this blog

BFSI Using Advanced Security Solutions to Protect Data and Financial Assets

Banks and financial institutions are gradually shifting their core applications over to the cloud network, to offer a personalized banking experience, mitigate the risks associated with conventional technologies, improve the operational control of platforms, reduce capital expenditure, and meet the growing need for real-time analysis of high-volume data. However, the deployment of the cloud infrastructure escalates the risk of cyberattacks, as the data is stored at remote locations.  Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/bfsi-security-market/report-sample To combat the cyber threat, such institutions are increasingly adopting a range of advanced security solutions. The financial service sector has become a prime target for cybercriminals, as it centers around financial assets and generates massive unstructured data. Moreover, progressive steps such as the adoption of online banking and shift toward digital processes have increased the pro
Post a Comment
Read more

RF Semiconductor Market a $5.0-Billion Investment Opportunity by 2030

The major factors leading to the rising demand for radiofrequency (RF) semiconductors are the increasing popularity of smartphones, enhancements in the wireless communication technologies, and escalating adoption of the internet of things (IoT). As a result, from $2.1 billion in 2019, the market of RF semiconductor will witness an 8.8% CAGR during 2020–2030 (forecast period), to reach $5.0 billion by 2030. Made of semiconductor materials, such components enable RF communication in an array of sectors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/rf-semiconductor-market-report/report-sample The material segment of the market is classified into indium phosphate, gallium arsenide, gallium nitride, silicon, and silicon germanium. Among these, during the historical period (2014–2019), the largest share was held by the gallium arsenide category because RF semiconductors made from this material consume less power, account for low power dissipation, ca
Post a Comment
Read more

How Is Consumer Electronics Sector Helping Silicon on Insulator Market Grow?

Currently, the major players of the silicon on insulator market are taking strategic measures, such as product launches, facility expansions, partnerships, geographical expansions, client wins, and mergers and acquisitions, to gain a competitive edge in the market. For example, in January 2019, Soitec SA extended its collaboration with Samsung Foundry to increase the volume supply of FD-SOIs.  With the new agreement, these companies extended their partnership and secured a high-volume supply of FD-SOI wafers to cater to the surging demand for SOI wafers in consumer, automotive, and internet of things (IoT) applications. The wafer type segment of the silicon on insulator market is categorized into radio-frequency SOI (RF-SOI), power-SOI, imager-SOI, photonics-SOI, fully depleted SOI (FD-SOI), and partially depleted SOI (PD-SOI).  In 2018, the RF-SOI category generated the highest revenue, due to the escalating use of RF-SOI in advanced LTE smartphones and huge investments made in the
Post a Comment
Read more