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TechNavio Says Increasing VoLTE Subscriptions & Progressing VoHSPA Networks Will Foster Growth of the Global VoMBB Market by 2018TechNavio, a tech-focused research firm, has published a new report on the Global Voice Over Mobile Broadband (VoMBB) Market, which is expected to grow significantly and post a CAGR of 101.23 percent from 2013-2018. VoMBB is defined as end-to-end connectivity for standard mobile phone calls over a mobile broadband network such as Wi-Fi, LTE (News - Alert), and HSPA. The VoMBB Market is growing in tandem with related networks like VoLTE. To satisfy the growing needs of consumers, fast internet connections and broader bandwidth are achieved through VoLTE. This is the reason that VoLTE subscriptions are expected to proliferate in the coming years. "With an increase in VoLTE subscriptions, telecom operators are making huge investments in the deployment of VoLTE, which is expected to foster the growth of the lobal VoMBB Market during the forecast period," says Faisal Ghaus, Vice President of TechNavio. In addition, Voice over HSPA (High Speed Packet Access) is picking up pace in the market. This network supports high-quality audio, reduces costs per subscriber, provides improved spectral efficiency and also helps save power. Therefore, VoHSPA forms an essential part of VoMBB and is expected the boost overall market growth through the projected period. TechNavio currently has more than 3000 market research reports on a huge range of topics, including: About TechNavio TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected].
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