What is VoWiFi (Voice Over Wi-Fi) - Global Market?
Voice over Wi-Fi (VoWiFi) is a technology that allows users to make voice calls over a Wi-Fi network instead of relying on traditional cellular networks. This technology is particularly beneficial in areas with poor cellular coverage, as it leverages the widespread availability of Wi-Fi networks to provide seamless voice communication. VoWiFi works by converting voice signals into data packets, which are then transmitted over the internet. This not only enhances call quality but also reduces costs, especially for international calls. The global market for VoWiFi is expanding rapidly, driven by the increasing penetration of smartphones and the growing demand for high-quality voice services. As more consumers and businesses recognize the advantages of VoWiFi, such as improved indoor coverage and cost savings, the adoption of this technology is expected to rise significantly. Furthermore, telecom operators are increasingly integrating VoWiFi into their service offerings to enhance customer satisfaction and reduce network congestion. Overall, VoWiFi represents a significant advancement in communication technology, offering a reliable and cost-effective alternative to traditional voice services.
Circuit-Switched Fallback (CSFB), Voice over LTE Generic Access (VoLGA), Voice over IP Multimedia Subsystem (IMS) in the VoWiFi (Voice Over Wi-Fi) - Global Market:
Circuit-Switched Fallback (CSFB), Voice over LTE Generic Access (VoLGA), and Voice over IP Multimedia Subsystem (IMS) are key technologies that complement VoWiFi in the global market. CSFB is a transitional solution that allows LTE networks to support voice calls by switching to a 2G or 3G network when a voice call is initiated. This approach ensures that users can continue to make voice calls even in areas where LTE coverage is limited. However, CSFB has its limitations, such as increased call setup times and reliance on legacy networks. On the other hand, VoLGA is a technology that enables voice services over LTE networks by using a generic access network. It allows operators to offer voice services without the need for a complete IMS infrastructure, making it a cost-effective solution for deploying voice over LTE. VoLGA provides better call quality and faster call setup times compared to CSFB, but it requires additional network components and may not be as widely supported. Meanwhile, IMS is a comprehensive architecture that supports voice, video, and messaging services over IP networks. It is the foundation for VoWiFi and VoLTE (Voice over LTE) services, providing a seamless and integrated communication experience. IMS enables operators to offer a wide range of services, including HD voice, video calling, and multimedia messaging, all over a single IP-based network. This not only enhances the user experience but also reduces operational costs for operators. In the context of VoWiFi, IMS plays a crucial role in ensuring interoperability between different networks and devices, allowing users to switch seamlessly between Wi-Fi and cellular networks. As the demand for high-quality voice services continues to grow, the adoption of IMS-based solutions is expected to increase, driving the expansion of the VoWiFi market. Overall, CSFB, VoLGA, and IMS are essential components of the VoWiFi ecosystem, each offering unique benefits and challenges. While CSFB provides a temporary solution for voice over LTE, VoLGA and IMS offer more advanced and integrated approaches, paving the way for the future of voice communication.
Smartphones, Laptops and Tablets, Other in the VoWiFi (Voice Over Wi-Fi) - Global Market:
The usage of VoWiFi in smartphones, laptops, tablets, and other devices is transforming the global communication landscape. In smartphones, VoWiFi offers significant advantages by providing enhanced indoor coverage and improved call quality. Many modern smartphones are equipped with VoWiFi capabilities, allowing users to make calls over Wi-Fi networks when cellular signals are weak or unavailable. This is particularly beneficial in urban areas with dense building structures that can obstruct cellular signals. Additionally, VoWiFi can help reduce roaming charges for international travelers, as calls can be made over Wi-Fi networks without incurring high fees. In laptops and tablets, VoWiFi enables users to make voice calls and participate in video conferences without the need for a separate phone line. This is especially useful for remote workers and students who rely on these devices for communication and collaboration. By leveraging existing Wi-Fi networks, VoWiFi provides a cost-effective and flexible solution for voice communication, allowing users to stay connected regardless of their location. Furthermore, VoWiFi can be integrated with various applications and services, such as unified communications platforms, to enhance productivity and streamline communication processes. In addition to smartphones, laptops, and tablets, VoWiFi is also being adopted in other devices, such as smart speakers and IoT devices. These devices can use VoWiFi to provide voice control and communication features, enhancing their functionality and user experience. For example, smart speakers equipped with VoWiFi can make voice calls and send messages, offering a hands-free communication option for users. Similarly, IoT devices can use VoWiFi to transmit voice data, enabling new applications and services in areas such as healthcare, security, and home automation. As the adoption of VoWiFi continues to grow, it is expected to play a crucial role in the development of the Internet of Things (IoT) ecosystem, providing a reliable and efficient communication solution for a wide range of devices. Overall, the usage of VoWiFi in smartphones, laptops, tablets, and other devices is driving the growth of the global VoWiFi market, offering a versatile and cost-effective alternative to traditional voice services.
VoWiFi (Voice Over Wi-Fi) - Global Market Outlook:
The global market for Voice over Wi-Fi (VoWiFi) was valued at approximately $3,015 million in 2023. It is projected to grow significantly, reaching an estimated size of $14,530 million by 2030. This growth is expected to occur at a compound annual growth rate (CAGR) of 25.7% during the forecast period from 2024 to 2030. The North American segment of the VoWiFi market was also valued in 2023, with expectations of substantial growth by 2030. However, specific figures for the North American market's valuation and growth rate were not provided. This rapid expansion of the VoWiFi market can be attributed to the increasing demand for high-quality voice services and the widespread adoption of smartphones and other connected devices. As more consumers and businesses recognize the benefits of VoWiFi, such as improved indoor coverage and cost savings, the market is poised for significant growth. Telecom operators are also playing a crucial role in this expansion by integrating VoWiFi into their service offerings, enhancing customer satisfaction, and reducing network congestion. Overall, the VoWiFi market is set to experience substantial growth in the coming years, driven by technological advancements and increasing consumer demand.
| Report Metric | Details |
| Report Name | VoWiFi (Voice Over Wi-Fi) - Market |
| Forecasted market size in 2030 | US$ 14530 million |
| CAGR | 25.7% |
| Forecasted years | 2024 - 2030 |
| Segment by Type: |
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| Segment by Application |
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| By Region |
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| By Company | AT&T Inc., Telefonaktiebolaget LM Ericsson, Oracle Corporation, Cisco Systems Inc., Nokia Corporation, KT Corporation, Alcatel-Lucent S.A., Mitel Networks Corporation, Huawei Technologies, Ribbon Communications US LLC, Vodafone Group Plc, Claro (America Movil), T-Mobile USA Inc., Orange SA, Reliance Jio Infocomm Limited, Verizon Wireless, Rogers Communications Inc. |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
