Global IP Multimedia Subsystem Market 2024-2028

Global IP Multimedia Subsystem Market 2024-2028

The IP multimedia subsystem market is forecasted to grow by USD 42349.88 mn during 2023-2028, accelerating at a CAGR of 18% during the forecast period. The report on the IP multimedia subsystem market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rollout of 5g networks, increasing proliferation of IoT devices, and IP multimedia subsystem solutions that aid in reducing capex and opex.

Technavio's IP multimedia subsystem market is segmented as below:

By Component

• Product
• Services

By Application

• Mobile operators
• Fixed operators

By Geographical Landscape

• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the proliferation of wireless technologies as one of the prime reasons driving the IP multimedia subsystem market growth during the next few years. Also, edge computing and the increasing adoption of open-source IP multimedia subsystem solutions will lead to sizable demand in the market.

The report on the IP multimedia subsystem market covers the following areas:

• IP multimedia subsystem market sizing
• IP multimedia subsystem market forecast
• IP multimedia subsystem market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IP multimedia subsystem market vendors that include Amdocs Ltd., Athonet Srl, Cisco Systems Inc., Enghouse Systems Ltd., Genesys Telecommunications Laboratories Inc., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Italtel S.p.A., Juniper Networks Inc., Mavenir Systems Inc., Mitel Networks Corp., NEC Corp., Nokia Corp., Oracle Corp., Reliance Industries Ltd., Ribbon Communications Inc., Samsung Electronics Co. Ltd., Telefonaktiebolaget LM Ericsson, ZTE Corp., and Cirpack. Also, the ip multimedia subsystem market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth