Voice Over New Radio - Global Strategic Business Report

The global market for Voice Over New Radio was estimated at US$17.1 Billion in 2024 and is projected to reach US$166.0 Billion by 2030, growing at a CAGR of 46.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Voice Over New Radio market.

Global Voice Over New Radio Market - Key Trends & Drivers Summarized

Why Is Voice Over New Radio Transforming Mobile Communication in the 5G Era?

The introduction of Voice Over New Radio (VoNR) is reshaping mobile communication by enabling ultra-clear, low-latency voice calls over 5G networks, eliminating the need for legacy 4G LTE infrastructure. Unlike Voice over LTE (VoLTE), which operates within 4G networks while relying on packet-switched architecture, VoNR allows voice communication to be fully integrated into 5G standalone (SA) networks, offering improved voice quality, faster call setup times, and seamless network transitions. The demand for enhanced mobile voice services has surged due to the increasing reliance on smartphones, remote work environments, and next-generation applications such as smart home voice assistants and AI-driven customer service interactions. Telecommunications providers and network operators are investing heavily in VoNR deployment, aiming to enhance the overall user experience while optimizing network efficiency. With 5G networks expanding globally, VoNR is poised to replace traditional circuit-switched voice communication, providing users with a high-definition, ultra-reliable calling experience that aligns with the demands of a hyper-connected digital landscape.

How Are Technological Innovations Enhancing Voice Over New Radio Capabilities?

The evolution of 5G infrastructure and advancements in network slicing, edge computing, and artificial intelligence have significantly improved VoNR capabilities, making it a key enabler of next-generation voice services. One of the most notable innovations is dynamic network slicing, which allows service providers to allocate dedicated bandwidth for voice traffic, ensuring consistent call quality even in congested network environments. The integration of AI-powered voice compression algorithms has further enhanced audio clarity by reducing background noise, improving speech recognition, and optimizing data transmission efficiency. Additionally, edge computing plays a crucial role in VoNR by processing voice data closer to the user, reducing latency and enabling near-instantaneous call connectivity. The adoption of cloud-native infrastructure and software-defined networking (SDN) has also contributed to the scalability of VoNR, allowing operators to deploy and manage voice services more efficiently. As 5G networks continue to evolve, VoNR is expected to support new applications such as real-time voice translation, immersive voice conferencing, and AI-driven conversational interfaces, driving further innovation in mobile communication.

What Challenges Are Hindering the Widespread Adoption of Voice Over New Radio?

Despite its advantages, VoNR adoption faces several challenges, primarily related to network compatibility, infrastructure costs, and interoperability with existing telecommunication systems. The transition from 4G to 5G standalone networks requires significant investments in hardware upgrades, software optimization, and spectrum allocation, creating financial and logistical hurdles for telecom operators. Ensuring seamless handover between VoNR and legacy voice networks remains a challenge, particularly in areas where 5G coverage is limited or inconsistent. Additionally, interoperability issues between different device manufacturers and network providers can impact VoNR performance, requiring standardized protocols to facilitate smooth voice call transitions. Cybersecurity threats also pose a concern, as the shift to fully digital, cloud-based voice communication increases vulnerability to data breaches, fraud, and eavesdropping. Addressing these challenges will require continuous collaboration between network operators, regulatory bodies, and technology providers to accelerate 5G adoption, enhance VoNR compatibility, and establish robust security frameworks.

What Factors Are Driving the Growth of the Voice Over New Radio Market?

The growth in the Voice Over New Radio market is driven by several factors, including the rapid expansion of 5G networks, increasing consumer demand for high-quality voice communication, and advancements in cloud-native telecommunication solutions. The rising adoption of smart devices and IoT-driven voice applications has fueled the need for ultra-low-latency, high-fidelity voice services, making VoNR a critical component of the 5G ecosystem. The push for network modernization and the transition to fully digital voice communication have further accelerated investments in VoNR infrastructure, particularly among mobile network operators seeking to enhance service reliability and efficiency. Additionally, the increasing use of AI-driven voice applications in sectors such as customer service, healthcare, and enterprise collaboration has created new opportunities for VoNR deployment. As 5G adoption continues to grow globally, the demand for seamless, high-definition voice communication will drive further expansion of the VoNR market, reshaping the future of mobile voice services and next-generation connectivity solutions.

Scope of Study:

The report analyzes the Voice Over New Radio market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Component (Hardware, Solutions, Services); Deployment (Private Cloud, Public Cloud, Hybrid); End-Use (Smartphones, Outdoor CPE, Indoor CPE)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Hardware segment, which is expected to reach US$75.8 Billion by 2030 with a CAGR of a 40.5%. The Solutions segment is also set to grow at 53.3% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $4.5 Billion in 2024, and China, forecasted to grow at an impressive 43.9% CAGR to reach $24.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Voice Over New Radio Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Voice Over New Radio Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Voice Over New Radio Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as China Mobile Ltd., Deutsche Telekom AG, Huawei Technologies Co., Ltd., MasOrange, Nokia Corporation and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 44 companies featured in this Voice Over New Radio market report include:

• China Mobile Ltd.
• Deutsche Telekom AG
• Huawei Technologies Co., Ltd.
• MasOrange
• Nokia Corporation
• NTT Docomo, Inc.
• Rohde & Schwarz GmbH & Co. KG
• Samsung Semiconductor
• Telefonaktiebolaget LM Ericsson
• T-Mobile US, Inc.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.