Global IP Multimedia Subsystem (IMS) Market to Reach $6.3 Billion by 2030
The global market for IP Multimedia Subsystem (IMS) estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 15.5% over the analysis period 2022-2030. Product, one of the segments analyzed in the report, is projected to record 15% CAGR and reach US$2.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Service segment is readjusted to a revised 15.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $587.8 Million, While China is Forecast to Grow at 14.4% CAGR
The IP Multimedia Subsystem (IMS) market in the U.S. is estimated at US$587.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 14.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.2% and 13.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.1% CAGR.Select Competitors (Total 13 Featured) -
- Athonet Srl
- Cirpack
- Cisco Systems, Inc.
- CommVerge Solutions
- Dialogic Corporation
- Huawei Technologies Co., Ltd.
- Interop Technologies
- Italtel Group SpA
- Metaswitch Networks Ltd.
- Metaswitch Networks Ltd.
- NEC Corporation
- Nokia Corporation
- Oracle Corporation
- RadiSys Corporation
- Ribbon Communications, Inc.
- Samsung Electronics Co., Ltd.
- Telefonaktiebolaget LM Ericsson
- WIT Software, S.A.
- ZTE Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
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Report Attribute | Details |
---|---|
No. of Pages | 153 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2 Billion |
Forecasted Market Value ( USD | $ 6.3 Billion |
Compound Annual Growth Rate | 15.4% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
A selection of companies mentioned in this report includes:
- Athonet Srl
- Cirpack
- Cisco Systems, Inc.
- CommVerge Solutions
- Dialogic Corporation
- Huawei Technologies Co., Ltd.
- Interop Technologies
- Italtel Group SpA
- Metaswitch Networks Ltd.
- Metaswitch Networks Ltd.
- NEC Corporation
- Nokia Corporation
- Oracle Corporation
- RadiSys Corporation
- Ribbon Communications, Inc.
- Samsung Electronics Co., Ltd.
- Telefonaktiebolaget LM Ericsson
- WIT Software, S.A.
- ZTE Corporation