Global Voice Over LTE Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Circuit Switched Fallback (CSFB), Voice Over IP Multimedia Subsystem (VoIMS), Single Radio Voice Call Continuity (SRVCC), and Simultaneous Voice & LTE (SVLTE).

By Application;

Mobile Phones, Tablets, Connected Devices, and Wearables.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn097277335 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Voice Over LTE Market (USD Million), 2021 - 2031

In the year 2024, the Global Voice Over LTE Market was valued at USD 22,134.69 million. The size of this market is expected to increase to USD 511,229.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 56.6%.

The global Voice Over LTE (VoLTE) market is experiencing significant growth, driven by the increasing adoption of 4G LTE networks and the rising demand for high-quality mobile voice services. VoLTE technology enables voice calls over an LTE network, providing superior call quality compared to traditional voice services over 2G or 3G networks. This shift towards VoLTE is part of a broader trend in the telecommunications industry to enhance the user experience by leveraging advanced network technologies. As a result, mobile operators worldwide are investing heavily in VoLTE infrastructure to offer better services to their customers.

One of the primary factors propelling the growth of the VoLTE market is the widespread deployment of 4G LTE networks. LTE offers a high-speed data transmission capability that significantly improves voice and video call quality. With the increasing number of 4G-enabled smartphones and other connected devices, consumers are demanding more reliable and high-quality voice communication services. VoLTE not only meets these demands but also enables operators to efficiently use their spectrum resources, leading to cost savings and improved network efficiency. This has led to a rapid increase in the adoption of VoLTE services across various regions.

In addition to improved call quality, VoLTE offers several other advantages that are driving its adoption. These include faster call setup times, better battery life for smartphones, and the ability to support advanced communication services such as video calling and Rich Communication Services (RCS). Enterprises are also recognizing the benefits of VoLTE, particularly in enhancing mobile workforce communication and collaboration. Furthermore, public safety agencies are increasingly adopting VoLTE for its reliability and ability to provide clear communication during emergencies, which is crucial for effective response and coordination.

Geographically, the VoLTE market is expanding rapidly across different regions, with North America and Asia-Pacific leading the way. North America, driven by the U.S., has a high penetration of 4G networks and a mature telecom infrastructure, making it a significant market for VoLTE services. In the Asia-Pacific region, countries like China, Japan, and South Korea are witnessing rapid growth due to extensive 4G deployments and large subscriber bases. Europe is also seeing steady growth, supported by ongoing investments in LTE networks and the increasing demand for high-quality voice services. As telecom operators continue to upgrade their networks and 5G technology starts to roll out, the global VoLTE market is poised for sustained growth, driven by the demand for advanced and reliable communication services.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Voice Over LTE Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Enhanced Network Efficiency
        2. Improved Voice Quality
        3. Integration with Advanced Services
      2. Restraints
        1. Infrastructure Costs
        2. Device Compatibility
        3. Network Transition Challenges
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Growth of IoT Applications
        3. 5G Integration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Voice Over LTE Market, By Application,2021 - 2031 (USD Million)
      1. Circuit Switched Fallback (CSFB)
      2. Voice Over IP Multimedia Subsystem (VoIMS)
      3. Single Radio Voice Call Continuity (SRVCC)
      4. Simultaneous Voice & LTE (SVLTE)
    2. Global Voice Over LTE Market, By Technology, 2021 - 2031 (USD Million)
      1. Mobile Phones
      2. Tablets
      3. Connected Devices
      4. Wearables
    3. Global Voice Over LTE Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AT&T Inc.
      2. Verizon Communications Inc.
      3. T-Mobile US, Inc.
      4. China Mobile Limited
      5. Vodafone Group Plc
      6. NTT Docomo, Inc.
      7. Orange S.A.
      8. Deutsche Telekom AG
      9. Telefonica S.A.
      10. SK Telecom Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market