The US Voice-over LTE Market size is estimated at USD 20.80 billion in 2024, and is expected to reach USD 148.46 billion by 2029, growing at a CAGR of 48.14% during the forecast period (2024-2029).
Voice over LTE (VoLTE) technology has enhanced voice communication by transmitting voice calls over the LTE/4G network, offering superior voice quality and more efficient network use compared to traditional circuit-switched methods. The widespread deployment of LTE networks drives the VoLTE market, the ongoing transition to 5G, and the increasing demand for high-quality voice services in the United States.
The US voice-over LTE (VoLTE) market is fragmented, with the presence of major players like AT&T, Verizon, Orange, T-Mobile, etc. Players in the market are adopting strategies such as partnerships, agreements, innovations, and acquisitions to enhance their service offerings and gain sustainable competitive advantage.
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