Expanding LTE Coverage is Priming VoLTE Adoption and Mobile Devices Shipments
Singapore – May 29 2014
By the end of 2013, global LTE-related cellular subscriptions surpassed 230.9 million, 3.3% of mobile subs, and will continue to grow at a CAGR of 36.6% between 2014 and 2019, to exceed 2 billion. The extensive presence of LTE networks is also stimulating the deployment of VoLTE. By the end of 2014, there are expected to be 59.6 million VoLTE subscriptions in place, and it is expected that nearly 56% of LTE-related cellular subscriptions will be using VoLTE services by the end of 2019. “For VoLTE to be a success, there needs to be widespread adoption of the technology by handset vendors and not just the operators. There are some promising signs, though—it is anticipated that Apple will incorporate VoLTE into iPhone 6,” comments Marina Lu, research analyst at ABI Research.