An Incisive, In-depth Analysis on the Ip Multimedia Subsystem Ims Market
This study offers a comprehensive, 360 degree analysis on the Ip Multimedia Subsystem Ims market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Ip Multimedia Subsystem Ims market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Future Market Insights forecasts the global IP multimedia subsystem market revenue to increase from nearly US$ 14.3 Bn in 2017 to nearly US$ 50.4 Bn by 2026 end. This represents a compound annual growth rate (CAGR) of 15.0% from 2016 to 2026. The global IP multimedia subsystem market is expected to represent an incremental opportunity of nearly US$ 38 Bn between 2016 and 2026.
IP multimedia subsystem services are creating new opportunities for network operators and end users
Due to IP multimedia subsystems, network operators can expand the portfolio of their services such as multimedia communication and integrated voice services. This aids in the collaboration of multiple media, multiple points of access and multiple modes of communication into a single network due to which a large number of network operators are adopting IP multimedia subsystem services. IP multimedia subsystem services also include a feature to add, modify or delete a session in the existing multimedia call and help end users have a personalised experience for voice, data and multimedia sessions. IP multimedia subsystem services help users to choose the most suitable medium of communication in real time, and allow them to control when and how they want to communicate.
Security threats acting as a restraint in the global IP multimedia subsystem market
When any system is connected to the internet, it increases the possibility of cyber-attacks and easy data hacking, which is a risk that is not associated with internal security systems. Due to this, enterprises are not eager to use internet based IP multimedia subsystem services so as to not expose their applications to the internet. Authentication into these services needs to ensure appropriate levels of protection with strong multifactor security options. Many service providers are providing IP multimedia subsystem services without strong security services due to which cyber criminals can access such internet-based services easily and can also hack the confidential or personal information of users. This acts as a restraint to the IP multimedia subsystem market growth.
Expansion of existing service portfolio by network operators creating wide opportunities in the global IP multimedia subsystem market
Operators have invested significantly in their broadband infrastructure in order to provide better and advanced services to their customers. Network service providers are adding new communication services such as IP multimedia subsystem services to their offerings that can help address the needs of existing customers and aid in the process of business expansion. Many companies have started to offer wireline IP multimedia subsystem solutions that help operators directly offer IP telephony and improve Voice over Internet Protocol (VoIP) services with multimedia capabilities such as video conferencing, buddy list and instant messaging. This type of expansion of services has increased the penetration of IP multimedia subsystem services in the market as it allows the operators to introduce new revenue generating services and reduce operating costs as well as capital expenditure.
Global IP Multimedia Subsystem Market Attractiveness By Application Type, 2016–2026
The internet and web service segment was valued at nearly US$ 3,000 Mn and accounted for 23.9% revenue share in 2016. The segment is expected to be valued in excess of US$ 14,000 Mn by 2026 end, accounting for 29.0% revenue share at a CAGR of 17.2%. Internet and web based services are being increasingly adopted by users due to high usage of social media services on personal devices. The VoIP segment is also expected to witness robust growth, despite demand being relatively lower. This segment was valued at over US$ 3,000 Mn, and accounted for 24.4% value share in 2016. By 2026 end, this segment is projected to reach a value of nearly US$ 14,000 Mn, and account for 27.3% revenue share at a CAGR of 16.3%.
Increasing usage of multimedia applications is a growing trend in the global IP multimedia subsystem market
IP multimedia subsystem services are enabling devices such as smartphones and laptops to access services through various networks such as cellular, broadband, Wi-Fi and others. In addition, along with a rising use of smartphones, individuals are using multimedia applications in order to improve their communications. IP multimedia subsystem services allow users to use services such as multimedia conferencing, instant messaging, push-to-talk and other services along with maintaining the quality of services without increasing costs. Going with this current trend, many operators have started offering multimedia capabilities through IP multimedia subsystem services such as video, messaging, audio, push service and others to improve their offerings.
About the Report
Future Market Insights in its latest and comprehensive report titled ‘IP Multimedia Subsystem Market: Global Industry Analysis and Opportunity Assessment, 2016–2026’, gives a detailed overview and insights into the global IP multimedia subsystem market. The report starts with an executive summary that gives out important market numbers and CAGR related to the global IP multimedia subsystem market and lists out the forecasted market value share by end user, by mode of communication and by application. The executive summary goes on to state the region wise CAGR and market value of the IP multimedia subsystem market in the years 2016 and 2026. At the end of the executive summary, there is a section devoted to listing the important drivers, restraints and trends operating in the global IP multimedia subsystem market along with a list of the important market players operating in this market. The subsequent section states the global IP multimedia subsystem market overview, which includes the introduction to the market in the form of a definition that explains what this market is all about and lists the services or the application areas of the IP multimedia subsystem market. This section is followed by the market taxonomy.
By Mode of Communication
By End User
After the market taxonomy, there is a section of the report devoted to the study of the market dynamics of the global IP multimedia subsystem market in detail. The market dynamics comprise the drivers, restrains and opportunities that are available in the global IP multimedia subsystem market and lists the important factors responsible for market growth and also lists the factors restraining market growth. This is an important section of the report as it gives a sense of direction to the report audience about where the global IP multimedia subsystem market is heading towards and what are the opportunities available in this market. In the subsequent sections of the report, where the market is highlighted and forecasted region wise, separate trends for each region are also given so that the report audience are fully aware of what is happening in the global IP multimedia subsystem market and are keep abreast of the latest happenings in this market all over the world.
In the next section, value chain analysis of the global IP multimedia subsystem market is given. In addition, a valuable section of the report highlights the important quotes by primary respondents in the primary surveys conducted by the analysts of Future Market Insights and gives a valuable perspective about the global IP multimedia subsystem market. The next section is the global IP multimedia subsystem market forecasts that includes the year-on-year growth forecasts and the absolute dollar opportunity offered by this market. There is also a market snapshot that lists the global IP multimedia subsystem market by mode of communication, by application and by end user and gives the figures for total market value for the years 2016 and 2026. Also the market analysis is given for these segments, which contains important information like the year-on-year growth comparison and forecast, absolute dollar opportunity offered by that particular segment, Basis Point Share analysis and market attractiveness index analysis.
At the end of the report, there is a comprehensive section devoted to studying the competition landscape of the global IP multimedia subsystem market. This section starts by stating the prominent deals and contracts undertaken by the leading market players in the global IP multimedia subsystem market. There is also a specific section devoted to study the key strategies of the leading market players, broken down into product launch, partnerships and acquisitions. This competition landscape gives a dashboard view of the key companies operating in the global IP multimedia subsystem market along with their important information and broad strategy adopted to stay as leaders in the IP multimedia subsystem market. Each of the leading companies is also profiled individually and important information about the company such as company details, company description, product portfolio along with key developments concerning the company and strategic analysis is presented. This competition landscape is the most important section of the report as it imparts a deep understanding of the leading companies operating in the global IP multimedia subsystem market and is valuable for new entrants in the field to understand how the companies are leading this lucrative market and also for established market players in order to get a better understanding about their competitors.
Overall market size has been analysed through historical data, primary responses, and public domain data. Revenue of companies in the global IP multimedia subsystem market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the assessment period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. The data acquired is then validated using the triangulation method and is extensively scrutinised using advanced tools to garner quantitative and qualitative insights into the global IP multimedia subsystem market.