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.
Get Sample Copy of Report @ [URL]https://www.futuremarketinsights.com/reports/sample/rep-gb-2361[/URL]
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.
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.
Need more information about Report Methodology ? @ [URL]https://www.futuremarketinsights.com/askus/rep-gb-2361[/URL]