How big is the Global VoLTE Market?

The Global VoLTE Market size is expected to reach USD 42.16 billion in 2024 and grow at a CAGR of 44.41% to reach USD 264.73 billion by 2029. Read More

What is the current Global VoLTE Market size?

In 2024, the Global VoLTE Market size is expected to reach USD 42.16 billion. Read More

Who are the key players in Global VoLTE Market?

AT&T Inc., Verizon Wireless, Vodafone Group PLC, Bharati Airtel Limited and Bell Canada are the major companies operating in the Global VoLTE Market. Read More

Which is the fastest growing region in Global VoLTE Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global VoLTE Market?

In 2024, the North America accounts for the largest market share in Global VoLTE Market. Read More

What years does this Global VoLTE Market cover, and what was the market size in 2023?

In 2023, the Global VoLTE Market size was estimated at USD 23.44 billion. The report covers the Global VoLTE Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global VoLTE Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Global VoLTE Market Share

Statistics for the 2023 & 2024 Global VoLTE market share, created by Mordor Intelligence™ Industry Reports. Global VoLTE share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Global VoLTE Industry

The voice over LTE (VoLTE) market is fragmented in nature and consists of a significant number of global and regional players. These players are focusing on expanding their customer base across the globe. These vendors are focusing on the research and development investment in introducing new solutions, strategic alliances, and other organic & inorganic growth strategies to earn a competitive edge over the forecast period.

June 2022 - VoLTE roaming is made possible for Pixel handsets across various networks. Google intends to prevent any connectivity concerns consumers may see when U.S. carriers phase down their 3G networks by enabling supported VoLTE roaming on Pixel smartphones.
May 2022 - Reliance Jio has begun testing the compatibility of 4G Voice over Long Term Evolution (VoLTE) and 5G Voice over New Radio (VoNR) to expand its capabilities. A 5G core has been put into the company's enhanced 4G VoLTE network. The business can now test if 5G VoNR and 4G VoLTE can work together.