Voice-over-5G (Vo5G) Market To Garner Massive Returns On Investment Over 2019-2025

With the presence of a large pool of participants, the Global Voice-over-5G (Vo5G) Market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR).

Browse the full “Voice-over-5G (Vo5G) Market - By Service Deployment (Cloud-Based and On-Premise), By End-User Industry (IT & Telecommunication, BFSI, Transportation, Digital Commerce, and Media & Entertainment), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/voice-over-5g-vo5g-market

The global economy is experiencing key moments with AI, AR, and IoT concepts & ideas transformed into reality. The catalyst for economic growth for the new era is wireless network driven by high speed & scalable 5G with low latency time. Furthermore, 5G helps in connecting many of the equipment with other devices. Moreover, the 5G network is likely to take end-users, nations, and industries to new frontiers of innovation and voice service are no exception to this.

Moreover, in 2017, countries such as the U.S., South Korea, and Japan had taken significant leaps towards the development of strong 5G infrastructure & deployment of 5G networks. This is anticipated to offer these countries with the first-mover benefits. However, China had leapfrogged these countries in terms of infrastructural spending, an early phase of 5G installation, and tower density in the same year. Citing an instance, in 2017, China Tower had nearly 1.9 million wireless locations as compared to 2, 00,000 in the U.S.

Furthermore, strategic moves adopted by firms like Nokia and Samsung Electronics will steer the growth of the Voice-over-5G (Vo5G) industry over the forthcoming years. For instance, in 2019, Nokia is anticipated to derive the first-mover benefit of its installation of a cloud-based 5G network in North America and this will help in serving the radio segment. During the same year, Samsung and KT Corporation entered into an expansion contract for providing public safety network solutions driven by 3GPP standard release 13 to urban cities of South Korea by the end of 2020. Again, in 2019, Orange Spain & ZTE finished the deployment of voice & data call over standalone 5G network infrastructure in Europe. Apart from this, Huawei finished its voice over the NR calls in May 2019 through the use of Huawei Mate 20X 5G mobile.

Asia Pacific Market To Reach Highest Peak Of Growth By 2025

The regional market growth over 2019-2025 is owing to the flourishing telecom industry in the region coupled with a large consumer base in the countries such as China, Singapore, India, South Korea, India, and Japan.

Key players profiled in the report include Huawei Technologies Co. Ltd., AT & T Inc., Nokia Corporation, Deutsche Telecom AG, SK Telecom Co. Ltd., NEC Corporation, Marvell Technology Group Ltd., MACOM Technology Solutions Inc., Fujitsu Limited, and SK Telecom Co. Ltd.

The global Voice-over-5G (Vo5G) Market is segmented as follows:

By Service Deployment

• Cloud-Based
• On-Premise

By End-User Industry

• IT & Telecommunication
• BFSI
• Transportation
• Digital Commerce
• Media & Entertainment

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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