Global IP multimedia subsystem equipment market: 20.8% CAGR growth forecast between 2012-16
Global IP Multimedia Subsystem Equipment Market 2012-2016 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-26 08:24:02
The Global IP Multimedia Subsystem market is to grow at a CAGR of 20.8 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing deployments of LTEs. The Global IP Multimedia Subsystem market has also been witnessing the increasing demand for VoIP. However, the huge cost of migration from existing to NGN architecture could pose a challenge to the growth of this market.
Virtualization is a metaphor for the IT world, while IP multimedia subsystem is an evolved architecture based on telecommunication networks. The implementation of virtualization in IP multimedia subsystem has several impacts. Virtualization is a key technical point of cloud computing. With the optimization technology such as VT-x, the most recent performance data shows it is comparable with the non-VM based IP multimedia subsystem system. It is still difficult to move some traditional telecommunication network elements to IP-based VMs, such as an E1 card of media gateway. The software and hardware of a telecommunication network are managed by network management system in a unified manner. However, the introduction of virtualization technology decouples the dependencies between software and hardware. They can be managed by different entities. This is a change to vendors´ network management systems. The migration of IP multimedia subsystem services to the cloud brings a more flexible network development style for carriers, and introduces a variety of services such as video conferencing to enterprise customers, end-users, or resellers. In addition, voice and video services become a kind of cloud computing service provided by carriers, which can be accessed anytime and anywhere through terminal devices.
One of the main growth drivers is the increasing popularity of LTE services. Mobile network operators are increasingly adopting IP multimedia subsystem for the delivery of their services over LTE-based networks.
One of the main challenges is the increasing complexity in maintaining centralized databases. Many operators deploying IP multimedia subsystem applications have chosen to maintain only the subscriber data for new services in their HSS, while the old data are still located in HLR and other legacy databases.
The key vendors dominating this market space are Alcatel-Lucent SA, Ericsson, Genband Inc., Huawei Technologies Co. Ltd., Nokia Siemens and Networks Oy, and ZTE Corp.
Other vendors are Acme Packet Inc., BroadSoft Inc., Cisco Systems Inc., Mavenir Systems Inc., NEC Corp., and Tekelec Inc.
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