IP Multimedia Subsystem
(IMS) is a 3rd Generation Partnership Project (3GPP) standardized architecture
that helps mobile and fixed operators in delivering Internet Protocol (IP)-based
multimedia services, such as Voice over Long-Term Evolution (VoLTE), Voice over
Wireless Fidelity (VoWiFi), Rich Communication Services (RCS), and Unified
Communications-as-a-Service (UCaaS). MarketsandMarkets expects the IMS market size
to grow from USD 1.79 billion
in 2018 to USD 3.71 billion by 2023, at a Compound Annual Growth Rate (CAGR) of
15.7% during the forecast period.
The traditional and emerging
market players include Ericsson (Sweden), Huawei (China), NEC (Japan), Nokia (Finland),
ZTE (China), Athonet (Italy), Cirpack
(France), Cisco (US), CommVerge Solutions (China), Dialogic (US), Interop
Technologies (US), Italtel (Italy), Metaswitch (UK), Mavenir (US), Oracle (US),
Radisys (US), Ribbon Communications (US), Samsung (South Korea), and WIT
Software (Portugal). These players have adopted various strategies, such as
partnerships, collaborations, agreements; acquisitions; and new product
launches, to achieve growth in the global IMS market.
Ericsson
is one of the leading and established vendors in the IMS market, and over a span
of 3 years, it has focused on inorganic growth strategies to strengthen its
position in the market. For instance, in February 2018, Ericsson collaborated
with Eastlink, a Canadian operator, for becoming its lead core network supplier
and providing VoLTE services to Eastlink’s customers. Ericsson’s VoLTE is a
pre-integrated Virtualized IMS (vIMS)
solution that supports HD communication and other communication services over
Wi-Fi and LTE access networks.
Huawei is also one of the
leading and established vendors in the IMS market, and have focused on inorganic
growth strategies to strengthen its position in the market over the last 3
years. For instance,
in October 2017, Huawei collaborated with VIVA Bahrain, a fully owned subsidiary of Saudi Telecommunications Company (STC),
to deploy the world's first Advanced Telecommunications Computing Architecture-Network
Functions Virtualization (ATCA-NFV) Hybrid Cloud Core Network. This deployment
is a foundation step to serve advanced mobile network services technologies. VIVA
made a One Cloud core network construction plan that overlays Huawei’s existing
unified cloud platform with a cloud-based IMS and EPC networks without
disturbing the live network services.
Know More@ https://www.marketsandmarkets.com/Market-Reports/ip-multimedia-subsystem-market-150935251.html
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