Global IP Multimedia Subsystem (IMS) Market by Component (Product, Services (Managed Services, Professional Services)), By Telecom Operator (Mobile Operators, Fixed Operators), By Region, Competition, 2018-2028

  • Industry : ICT
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 2.78 Billion

CAGR (2023-2028)

11.34%

Fastest Growing Segment

Mobile Operators

Largest Market

North America


Market Overview

The projected market size for the global IP Multimedia Subsystem (IMS) market is expected to reach USD 2.78 billion by the end of 2022, with a compound annual growth rate (CAGR) of 11.34% during the forecast period. The global IP Multimedia Subsystem (IMS) market stands as a dynamic and integral part of the telecommunications landscape. IMS is an architectural framework that revolutionizes multimedia service delivery over IP networks. This standardized approach enables seamless integration of communication services like voice, video, and messaging across diverse networks and devices. The market's growth is driven by the escalating demand for advanced communication services such as VoLTE, VoWiFi, and RCS. As 5G networks emerge and smartphones proliferate, IMS gains prominence for its ability to deliver superior multimedia experiences and enable operators to stay competitive with innovative offerings. However, challenges like integration complexity and interoperability must be addressed. In a rapidly evolving digital era, the IMS market plays a pivotal role in shaping modern communication experiences and networks on a global scale.

Key Market Drivers

The Increasing Demand for Advanced Communication Services

The global IP Multimedia Subsystem (IMS) market is propelled by the surging demand for advanced communication services that cater to the evolving needs of modern users. As communication requirements become increasingly complex and diverse, the demand for services like Voice over LTE (VoLTE), Voice over Wi-Fi (VoWiFi), and Rich Communication Services (RCS) has gained tremendous momentum. These services offer not only enhanced voice quality and video capabilities but also seamless integration across various devices and networks. IMS serves as the linchpin for delivering these services, providing a standardized architectural framework that enables the convergence of multimedia communication over IP networks.

The proliferation of smartphones and the global transition to high-speed broadband connectivity further amplify the call for sophisticated communication solutions. With the advent of 5G networks promising ultra-low latency and improved connectivity, the need for IMS-based services has intensified. IMS ensures that these services are efficiently delivered, offering a cohesive user experience regardless of the communication channel. In a world increasingly reliant on digital interactions, the demand for advanced communication services continues to rise. The IMS market is at the forefront of meeting this demand, providing a versatile and standardized foundation for delivering multimedia-rich communication experiences. As telecommunications providers strive to remain competitive in an ever-evolving landscape, the capabilities of IMS are vital in shaping the future of communication services and driving the market's growth.

The Proliferation of Smartphones

The proliferation of smartphones stands as a significant driving force behind the growth and evolution of the global IP Multimedia Subsystem (IMS) market. With smartphones becoming ubiquitous devices for communication, information access, and entertainment, the demand for seamless and feature-rich multimedia services has escalated. IMS, with its standardized architectural framework, addresses this demand by enabling the efficient delivery of advanced communication services like Voice over LTE (VoLTE), video calls, and messaging. Smartphones serve as a prime platform for consuming multimedia content and engaging in real-time communication. As a result, telecom operators and service providers are increasingly adopting IMS to enhance user experiences, offer high-definition voice and video calls, and ensure interoperability across different devices and networks. IMS not only supports multimedia-rich communication but also enables integration with other applications and services, aligning with the versatility that modern smartphone users expect.

Furthermore, as the global transition to 5G networks gains momentum, smartphones are poised to leverage higher data speeds and low latency, creating an ideal environment for IMS-based services. The seamless integration of IMS with smartphones optimizes the capabilities of these devices, offering users a comprehensive and consistent multimedia communication experience. Overall, the proliferation of smartphones has significantly contributed to the uptake of IMS solutions, reshaping how multimedia services are delivered and consumed in the modern digital age.

The Growth of 5G Networks

The rapid growth of 5G networks is a driving force propelling the global IP Multimedia Subsystem (IMS) market forward. As 5G technology gains widespread adoption, it brings with it the promise of ultra-fast data speeds, low latency, and enhanced connectivity. These attributes are perfectly aligned with the capabilities of IMS, which enables the delivery of advanced communication services such as Voice over LTE (VoLTE), video conferencing, and multimedia messaging. The robustness of 5G networks amplifies the potential for IMS-based applications, allowing users to experience seamless and high-quality multimedia interactions across various devices and locations. The convergence of 5G and IMS opens up new horizons for innovative communication solutions and enriched user experiences, as operators and service providers harness this synergy to deliver cutting-edge services and redefine the standards of modern communication networks.

Increasing Adoption of Cloud-Based Communication Solutions

The increasing adoption of cloud-based communication solutions is a significant driver propelling the global IP Multimedia Subsystem (IMS) market. Cloud technology has revolutionized how communication services are delivered and accessed. IMS, with its standardized architecture, aligns seamlessly with cloud-based approaches, enabling operators and service providers to offer advanced multimedia services with flexibility and scalability. Cloud-based IMS solutions facilitate the efficient deployment and management of communication services, allowing for quick updates, seamless integration, and enhanced user experiences. This adoption is driven by the benefits of cost-effectiveness, reduced infrastructure complexity, and the ability to cater to dynamic user demands. As organizations across industries embrace cloud-based models for streamlined operations, communication services powered by IMS find a natural fit within these architectures. This convergence between cloud technology and IMS empowers operators to offer innovative and high-quality communication services, heralding a new era of multimedia-rich interactions across the global digital landscape.


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Key Market Challenges

Concerns Related to Continuous Updates and Maintenance

Concerns related to continuous updates and maintenance pose a notable challenge within the global IP Multimedia Subsystem (IMS) market. While IMS offers an innovative framework for delivering advanced communication services, its ongoing maintenance and updates can become a complex endeavor. The dynamic nature of technology, evolving industry standards, and the need to remain competitive necessitate regular updates and refinements to IMS implementations. However, managing these updates can be resource-intensive for telecom operators and service providers. Balancing the pursuit of cutting-edge features with the need for stability and seamless integration becomes crucial to ensure uninterrupted service delivery. Additionally, interoperability challenges arising from diverse devices and networks can further complicate the maintenance process. Addressing these concerns requires a strategic approach that balances innovation and stability, and collaborations among industry stakeholders to collectively streamline updates and ensure the longevity of IMS-based services in the face of evolving technological landscapes.

Complexity of Integration, Interoperability Issues

The complexity of integration and interoperability issues presents a significant challenge within the global IP Multimedia Subsystem (IMS) market. As IMS aims to seamlessly connect diverse communication services and devices, the intricate process of integrating IMS with existing networks and platforms can be daunting. Interoperability issues can arise due to the coexistence of various legacy systems and the need to ensure a consistent user experience across different devices and networks. Ensuring that different components and services within IMS interact harmoniously demands meticulous planning and testing. Moreover, the evolution of technology standards and the emergence of new communication protocols further add to the complexity. Addressing these challenges requires collaboration among telecom operators, service providers, and technology vendors to develop standardized approaches, test rigorous interoperability scenarios, and establish best practices that minimize integration hurdles. By overcoming these obstacles, the IMS market can unlock its full potential and deliver the seamless and integrated multimedia communication experiences that modern users demand.

Key Market Trends

The Rise of Over-The-Top (OTT) Applications and Services

The rise of Over-The-Top (OTT) applications and services has become a driving force shaping the global IP Multimedia Subsystem (IMS) market. OTT services, which deliver communication and multimedia content directly to users via the internet, have gained immense popularity due to their convenience and flexibility. These applications span a range of services, including messaging, voice and video calls, and multimedia sharing. To remain competitive in the rapidly evolving landscape, telecom operators and service providers are leveraging IMS to integrate OTT services seamlessly into their portfolios. IMS provides a standardized framework that enhances interoperability and ensures a consistent user experience across different communication channels. As OTT services continue to disrupt traditional communication models, IMS plays a pivotal role in enabling telecom operators to not only embrace these changes but also innovate their service offerings to meet the demands of modern users who seek integrated and versatile multimedia communication experiences.

Increasing demand for Advanced Communication Services

The increasing demand for advanced communication services is a key driver propelling the global IP Multimedia Subsystem (IMS) market. In today's digital age, users are seeking more than just voice calls – they want seamless multimedia experiences that encompass video calls, messaging, and other interactive content. This surge in demand for versatile communication options has spurred the adoption of IMS, which provides a standardized architectural framework to deliver a diverse range of multimedia-rich services. The incorporation of Voice over LTE (VoLTE), Voice over Wi-Fi (VoWiFi), and Rich Communication Services (RCS) enhances communication quality and enables a cohesive user experience across various devices and networks. As consumers become increasingly accustomed to sophisticated communication solutions, operators and service providers are turning to IMS to meet these evolving expectations. This trend underlines the pivotal role IMS plays in catering to the modern demand for advanced and integrated communication services that transcend traditional boundaries.

Segmental Insights

Component Insights

Based on component, the product segment emerges as the predominant segment, exhibiting unwavering dominance projected throughout the forecast period. The product segment encapsulates the core technological elements, including hardware and software components, that underpin IMS solutions. These components are pivotal in enabling advanced multimedia communication services like Voice over LTE (VoLTE), video calls, and messaging. As the demand for these services escalates and the transition to 5G networks gains momentum, the product segment remains central to delivering seamless and innovative communication experiences. Its unwavering dominance is attributed to the foundational role it plays in shaping the IMS landscape, adapting to industry trends, and meeting evolving user expectations across diverse devices and networks.

Telecom Operator Insights

Based on telecom operator, the mobile operator segment emerges as a formidable frontrunner, exerting its dominance and shaping the market's trajectory throughout the forecast period. Mobile operators play a critical role in delivering advanced communication services to a vast user base. As the demand for seamless multimedia experiences escalates, mobile operators leverage IMS to provide services like Voice over LTE (VoLTE) and Rich Communication Services (RCS) across their networks. Their dominance is underscored by the widespread adoption of smartphones and the imminent rollout of 5G networks, which amplify the potential for IMS-enabled multimedia services. Mobile operators are uniquely positioned to capitalize on this demand, offering versatile communication solutions that align with users' evolving preferences.


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Regional Insights

North America remains steadfast in its position of dominance within the global IP Multimedia Subsystem (IMS) market, reaffirming its pivotal role in shaping the industry's trajectory. Renowned for its technological prowess and robust communication infrastructure, the region continues to lead the adoption of IMS solutions. The early integration of advanced communication services, coupled with the widespread use of smartphones and the imminent 5G revolution, solidifies North America's influence. As telecom operators and service providers in the region capitalize on IMS to deliver seamless multimedia experiences, they reinforce its position. This steadfast dominance reflects North America's enduring commitment to innovation and underscores its capacity to set global standards in integrated communication solutions. In steering the IMS market's course, North America reaffirms its significant contribution to reshaping the way modern communication services are delivered and experienced on a global scale.

Recent Developments

  • In February 2023, Mavenir's virtualized IP Multimedia Subsystem (IMS) technology has played a crucial role in empowering Virgin Media O2 to offer Voice over LTE (VoLTE) and Voice over WiFi (VoWiFi) services. Virgin Media O2, a major telecommunications company, has leveraged Mavenir's advanced IMS solution to enhance its voice communication services for customers. By adopting Mavenir's virtualized IMS, Virgin Media O2 has been able to deliver seamless VoLTE and VoWiFi services to its subscribers. VoLTE enables high-quality voice calls over 4G LTE networks, ensuring clearer conversations and improved call setup times. VoWiFi, on the other hand, enables customers to make voice calls over WiFi networks, providing extended coverage and better indoor connectivity.
  • In September 2022, a significant collaboration between Hiya and Ericsson was announced, marking a crucial step towards enhancing call protection for wireless carriers on a global scale. Hiya, a renowned provider of call protection and spam identification solutions, joined forces with Ericsson, a leading telecommunications technology company, to offer network-based call protection services. This collaboration aims to tackle the growing menace of spam calls and robocalls that plague communication networks worldwide. The partnership leverages Ericsson's extensive network infrastructure and Hiya's expertise in call protection algorithms and data analysis.
  • In August 2022, Bharti Airtel, a prominent communications solutions provider in India, made a significant announcement regarding its 5G network expansion plans. The company revealed that it had entered into agreements with three leading technology giants - Nokia, Ericsson, and Samsung - to kickstart the deployment of 5G infrastructure across the country. This strategic move reflects Bharti Airtel's commitment to embracing the next generation of telecommunications technology to enhance connectivity and deliver advanced services to its customers. By partnering with Nokia, Ericsson, and Samsung, Bharti Airtel aims to leverage their expertise in network equipment and technology solutions to establish a robust and efficient 5G network.

Key Market Players

·         Huawei Technologies Co. Ltd

·         Ericsson AB

·         IBM Corporation

·         Samsung Networks

·         CommVerge Solutions

·         Ribbon Communications

·         Cisco Systems Inc.

·         Oracle Corporation

·         Nokia Corporation

·         ZTE Corporation

By Component

By Telecom Operator

By Region
  • Product
  • Services
  • Managed Services
  • Professional Services
  • Mobile Operators
  • Fixed Operators
  • North America
  • Europe
  • South America
  • Middle East & Africa
  • Asia Pacific

 

Report Scope:

In this report, the global IP Multimedia Subsystem (IMS) market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global IP Multimedia Subsystem (IMS) Market, By Component:

o   Product

o   Services

§  Managed Services

§  Professional Services

  • Global IP Multimedia Subsystem (IMS) Market, By Telecom Operator:

o   Mobile Operators

o   Fixed Operators

  • Global IP Multimedia Subsystem (IMS) Market, By Region:

o   North America

o   Europe

o   South America

o   Middle East & Africa

o   Asia Pacific

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global IP Multimedia Subsystem (IMS) Market.

Available Customizations:

Global IP Multimedia Subsystem (IMS) market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global IP Multimedia Subsystem (IMS) Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

4.    Impact of COVID-19 on Global IP Multimedia Subsystem (IMS) Market

5.    Voice of Customer

6.    Global IP Multimedia Subsystem (IMS) Market Overview

7.    Global IP Multimedia Subsystem (IMS) Market Outlook

7.1.  Market Size & Forecast

7.1.1.       By Value

7.2.  Market Share & Forecast

7.2.1.      By Component (Product, Services)

7.2.1.1.    By Services (Managed Services, Professional Services)

7.2.2.      By Telecom Operator (Mobile Operators, Fixed Operators)

7.2.3.      By Region

7.3.  By Company (2022)

7.4.  Market Map

8.    North America IP Multimedia Subsystem (IMS) Market Outlook

8.1.  Market Size & Forecast

8.1.1.       By Value

8.2.  Market Share & Forecast

8.2.1.      By Component

8.2.1.1.  By Services

8.2.2.      By Telecom Operator

8.2.3.      By Country

8.3.    North America: Country Analysis

8.3.1.      United States IP Multimedia Subsystem (IMS) Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value 

8.3.1.2.  Market Share & Forecast

8.3.1.2.1. By Component

8.3.1.2.1.1.  By Services

8.3.1.2.2. By Telecom Operator

8.3.2.      Canada IP Multimedia Subsystem (IMS) Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value 

8.3.2.2.  Market Share & Forecast

8.3.2.2.1. By Component

8.3.2.2.1.1.  By Services

8.3.2.2.2. By Telecom Operator

8.3.3.      Mexico IP Multimedia Subsystem (IMS) Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value 

8.3.3.2.  Market Share & Forecast

8.3.3.2.1. By Component

8.3.3.2.1.1.  By Services

8.3.3.2.2. By Telecom Operator

9.    Europe IP Multimedia Subsystem (IMS) Market Outlook

9.1.  Market Size & Forecast

9.1.1.       By Value

9.2.  Market Share & Forecast

9.2.1.      By Component

9.2.1.1.  By Services

9.2.2.      By Telecom Operator

9.2.3.      By Country

9.3.    Europe: Country Analysis

9.3.1.      Germany IP Multimedia Subsystem (IMS) Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value 

9.3.1.2.  Market Share & Forecast

9.3.1.2.1. By Component

9.3.1.2.1.1.  By Services

9.3.1.2.2. By Telecom Operator

9.3.2.        United Kingdom IP Multimedia Subsystem (IMS) Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value 

9.3.2.2.  Market Share & Forecast

9.3.2.2.1. By Component

9.3.2.2.1.1.  By Services

9.3.2.2.2. By Telecom Operator

9.3.3.      France IP Multimedia Subsystem (IMS) Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value 

9.3.3.2.  Market Share & Forecast

9.3.3.2.1. By Component

9.3.3.2.1.1.  By Services

9.3.3.2.2. By Telecom Operator

9.3.4.      Spain IP Multimedia Subsystem (IMS) Market Outlook

9.3.4.1.  Market Size & Forecast

9.3.4.1.1.  By Value 

9.3.4.2.  Market Share & Forecast

9.3.4.2.1. By Component

9.3.4.2.1.1.  By Services

9.3.4.2.2. By Telecom Operator

9.3.5.      Italy IP Multimedia Subsystem (IMS) Market Outlook

9.3.5.1.  Market Size & Forecast

9.3.5.1.1.  By Value 

9.3.5.2.  Market Share & Forecast

9.3.5.2.1. By Component

9.3.5.2.1.1.  By Services

9.3.5.2.2. By Telecom Operator

10. South America IP Multimedia Subsystem (IMS) Market Outlook

10.1.   Market Size & Forecast

10.1.1.    By Value

10.2.   Market Share & Forecast

10.2.1.    By Component

10.2.1.1. By Services

10.2.2.    By Telecom Operator

10.2.3.    By Country

10.3. South America: Country Analysis

10.3.1.    Brazil IP Multimedia Subsystem (IMS) Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1.   By Value 

10.3.1.2. Market Share & Forecast

10.3.1.2.1.   By Component

10.3.1.2.1.1.  By Services

10.3.1.2.2.   By Telecom Operator

10.3.2.     Argentina IP Multimedia Subsystem (IMS) Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1.   By Value 

10.3.2.2. Market Share & Forecast

10.3.2.2.1.   By Component

10.3.2.2.1.1.  By Services

10.3.2.2.2.   By Telecom Operator

10.3.3.    Colombia IP Multimedia Subsystem (IMS) Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1.   By Value 

10.3.3.2. Market Share & Forecast

10.3.3.2.1.   By Component

10.3.3.2.1.1.  By Services

10.3.3.2.2.   By Telecom Operator

11. Middle East & Africa IP Multimedia Subsystem (IMS) Market Outlook

11.1.   Market Size & Forecast

11.1.1.    By Value

11.2.   Market Share & Forecast

11.2.1.    By Component

11.2.1.1. By Services

11.2.2.    By Telecom Operator

11.2.3.    By Country

11.3. Middle East & America: Country Analysis

11.3.1.    Israel IP Multimedia Subsystem (IMS) Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value 

11.3.1.2. Market Share & Forecast

11.3.1.2.1.   By Component

11.3.1.2.1.1.  By Services

11.3.1.2.2.   By Telecom Operator

11.3.2.     Qatar IP Multimedia Subsystem (IMS) Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value 

11.3.2.2. Market Share & Forecast

11.3.2.2.1.   By Component

11.3.2.2.1.1.  By Services

11.3.2.2.2.   By Telecom Operator

11.3.3.    UAE IP Multimedia Subsystem (IMS) Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value 

11.3.3.2. Market Share & Forecast

11.3.3.2.1.   By Component

11.3.3.2.1.1.  By Services

11.3.3.2.2.   By Telecom Operator

11.3.4.    Saudi Arabia IP Multimedia Subsystem (IMS) Market Outlook

11.3.4.1. Market Size & Forecast

11.3.4.1.1. By Value 

11.3.4.2. Market Share & Forecast

11.3.4.2.1.   By Component

11.3.4.2.1.1.  By Services

11.3.4.2.2.   By Telecom Operator

12. Asia Pacific IP Multimedia Subsystem (IMS) Market Outlook

12.1.   Market Size & Forecast

12.1.1.    By Value

12.2.   Market Share & Forecast

12.2.1.    By Component

12.2.1.1. By Services

12.2.2.    By Telecom Operator

12.2.3.    By Country

12.3. Asia Pacific: Country Analysis

12.3.1.    China IP Multimedia Subsystem (IMS) Market Outlook

12.3.1.1. Market Size & Forecast

12.3.1.1.1.   By Value 

12.3.1.2. Market Share & Forecast

12.3.1.2.1.   By Component

12.3.1.2.1.1.  By Services

12.3.1.2.2.   By Telecom Operator

12.3.2.     Japan IP Multimedia Subsystem (IMS) Market Outlook

12.3.2.1. Market Size & Forecast

12.3.2.1.1.   By Value 

12.3.2.2. Market Share & Forecast

12.3.2.2.1.   By Component

12.3.2.2.1.1.  By Services

12.3.2.2.2.   By Telecom Operator

12.3.3.    South Korea IP Multimedia Subsystem (IMS) Market Outlook

12.3.3.1. Market Size & Forecast

12.3.3.1.1.   By Value 

12.3.3.2. Market Share & Forecast

12.3.3.2.1.   By Component

12.3.3.2.1.1.  By Services

12.3.3.2.2.   By Telecom Operator

12.3.4.    India IP Multimedia Subsystem (IMS) Market Outlook

12.3.4.1. Market Size & Forecast

12.3.4.1.1.   By Value 

12.3.4.2. Market Share & Forecast

12.3.4.2.1.   By Component

12.3.4.2.1.1.  By Services

12.3.4.2.2.   By Telecom Operator

12.3.5.    Australia IP Multimedia Subsystem (IMS) Market Outlook

12.3.5.1. Market Size & Forecast

12.3.5.1.1.   By Value 

12.3.5.2. Market Share & Forecast

12.3.5.2.1.   By Component

12.3.5.2.1.1.  By Services

12.3.5.2.2.   By Telecom Operator

13. Market Dynamics

13.1.   Drivers

13.2.   Challenges

14. Market Trends and Developments

15. Company Profiles

15.1.    Huawei Technologies Co. Ltd

15.1.1. Business Overview

15.1.2. Key Financials & Revenue

15.1.3. Key Contact Person

15.1.4. Headquarters Address

15.1.5. Key Product/Service Offered

15.2.   Ericsson AB

15.2.1. Business Overview

15.2.2. Key Financials & Revenue

15.2.3. Key Contact Person

15.2.4. Headquarters Address

15.2.5. Key Product/Service Offered

15.3.   IBM Corporation

15.3.1. Business Overview

15.3.2. Key Financials & Revenue

15.3.3. Key Contact Person

15.3.4. Headquarters Address

15.3.5. Key Product/Service Offered

15.4.   Samsung Networks

15.4.1. Business Overview

15.4.2. Key Financials & Revenue

15.4.3. Key Contact Person

15.4.4. Headquarters Address

15.4.5. Key Product/Service Offered

15.5.   CommVerge Solutions

15.5.1. Business Overview

15.5.2. Key Financials & Revenue

15.5.3. Key Contact Person

15.5.4. Headquarters Address

15.5.5. Key Product/Service Offered

15.6.   Ribbon Communications

15.6.1. Business Overview

15.6.2. Key Financials & Revenue

15.6.3. Key Contact Person

15.6.4. Headquarters Address

15.6.5. Key Product/Service Offered

15.7.    Cisco Systems Inc.

15.7.1. Business Overview

15.7.2. Key Financials & Revenue

15.7.3. Key Contact Person

15.7.4. Headquarters Address

15.7.5. Key Product/Service Offered

15.8.   Oracle Corporation

15.8.1. Business Overview

15.8.2. Key Financials & Revenue

15.8.3. Key Contact Person

15.8.4. Headquarters Address

15.8.5. Key Product/Service Offered

15.9.   Nokia Corporation

15.9.1. Business Overview

15.9.2. Key Financials & Revenue

15.9.3. Key Contact Person

15.9.4. Headquarters Address

15.9.5. Key Product/Service Offered

15.10. ZTE Corporation

15.10.1.  Business Overview

15.10.2.  Key Financials & Revenue

15.10.3.  Key Contact Person

15.10.4.  Headquarters Address

15.10.5.  Key Product/Service Offered

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the global IP Multimedia Subsystem (IMS) market was estimated to be USD 2.78 Billion in 2022.

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In 2022, mobile operator was the dominant segment by telecom operator in the global IP Multimedia Subsystem (IMS) market. Mobile operators lead by delivering advanced communication services, leveraging IMS for offerings like VoLTE and RCS. With smartphones' widespread use and upcoming 5G networks, their influence is set to grow. Their adoption of IMS reflects a commitment to meeting modern communication demands, reinforcing their leadership, and transforming the market.

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Key players in the market are Huawei Technologies Co. Ltd, Ericsson AB, IBM Corporation, Samsung Networks, CommVerge Solutions, Ribbon Communications, Cisco Systems Inc., Oracle Corporation, Nokia Corporation, ZTE Corporation and others.

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The increasing demand for advanced communication services and increasing adoption of cloud-based communication solutions are the major drivers for the global IP Multimedia Subsystem (IMS) market.

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