Proof Point
Global voice over LTE (VoLTE) subscribers expected to grow 58% annually between 2015 and 2024, from 100 million to six billion
Global voice over LTE Subscriptions
2015 – 2024F (billions)
Proof Point Findings
- Voice over LTE (VoLTE) – High-quality voice calls over LTE-based broadband that started in 2012, replacing older generation technologies, such as 2G and 3G voice
- Global Subscription Growth – Expected to grow 58% annually, reaching six billion subscribers in 2024 from 100 million 2015
- Commercial Availability and Applications – Available commercially in more than 155 networks in around 75 countries, enabling services such as HD voice, video calling, video voicemail, in-call content sharing, and IP messaging
- Key Growth Drivers – Include proliferation of VoLTE-enabled devices, expanding LTE data coverage, particularly in emerging markets, continuous migration of telecommunication services to next-generation technologies, and intensifying competition between telecommunications companies
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Accelerator |
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Sector |
Telecommunications
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Source |
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Date Last Updated |
January 16, 2019
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