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Organic Electronics Market Trends, Growth, Analysis and Forecast 2027

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As organic electronic items incur the low cost of production and are nominally priced, their market is growing. Market Research Future (MRFR) has published a research report about the global organic electronics market that predicts growth for this market during the forecast period between 2016 and 2027.

Observing the market structure, this report estimates the future growth potential of the market. It evaluates the strategies of the key players in the organic electronic market and follows the competitive developments like joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market. This report also covers insights on the major countries/regions in which this market is flourishing.

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The key drivers aiding the market growth include growing consumption of electronic goods, increasing investment by market players in the production of organic electronic items, and rise in disposable income of consumers. However, factors like the presence of competent technology and technical limitation can hinder the growth of organic electronics market.

 

The global organic electronics market has been segmented on the basis of application, components, materials, and lastly region. As per application-based segmentation, this market has been segmented into displays, memory devices, organic light-emitting diode (OLED) lighting, photovoltaic cells, solar batteries, and others. The components-based segmentation segments the market into active components and passive components. Based on materials, the market has been segmented into conductors, dielectric, electrochromic, and luminescent materials among others.

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The regional segmentation of the global organic electronics market segments the market into continent-based regional markets known as The Americas (North America & Latin America), Europe, Asia Pacific, and rest of the world (RoW). The Americas is the largest regional market segment among all regional markets, and it is expected to grow during the forecast period. Among the Americas, North America is a greater market as it has more technological advancement, more purchasing power of consumers, and many key players of the market in this region are based in the United States of America (USA), the biggest economy in this region. Another important country-based market in this region is Canada. Therefore, even without Latin America, North America alone carries the potential of emerging as the largest market. Latin America is a significant market, but technologically, it is not as advanced as North America. In Latin America, the strongest economies that have the potential to emerge as strong markets are Argentina and Brazil.

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According to the report, the Europe market is also expected to grow during the forecast period. Due to the reasons same as the Americas, Western Europe is a bigger market than Eastern Europe. In Western Europe, the primary country-based markets are France, Germany, and the United Kingdom (UK), followed by the rest of Western Europe. The report also predicts growth for the Asia Pacific market as the industrialization of this region is increasing. And the high density of population in countries like China and India present a readymade market for many products and services. Other important country-based markets in this region are Japan, and South Korea, followed by the rest of the Asia Pacific region.

Key Players

The major key players in the global organic electronics market include Asahi Kasei Corporation (Japan), AU Optronics Corporation(Taiwan), BASF SE (Germany), Bayer Material Science AG (Germany), Evonik Industries (Germany), Fujifilm Dimatix (USA), Merck Kgaa (Germany), Novaled (Germany), Samsung Display (South Korea), and Sigma-Aldrich Corporation (USA).

Latest Industry News

  • An R & D team with the backing of SmartLine has reported an efficiency of 7.4% for a Roll-to-Roll (R2R) printed polymer-based single junction Organic Photovoltaic (OPV) cell. The new result supports efforts for OPV panels mass production of up to 1.000.000 m2 annually, targeting various pilot demonstration projects in 2021. 19 SEP 2018
  • With some chemical tweaks, a group of University of Oregon chemists has made progress in their efforts to harness organic molecules as a cheaper alternative to traditional silicon-based conductors in digital storage devices. 10 OCT 2018.

 

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posted Oct 13 by Minakshi Jagtap

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Summary

A New Market Study, titled “Organic Electronics Market Upcoming Trends, Growth Drivers and Challenges” has been featured on Market Research Future.

The global organic electronics market is growing rapidly. The market rise attributes to the increasing adoption of organic electronics in photovoltaic cells, OLED lighting, displays, solar batteries & memory devices, etc. Besides, rising usages of organic semiconductors in making various electronic components, such as light-emitting diodes, solar cells, and transistors, increase the size of the organic electronics industry.

Moreover, rising demand for organic semiconductors and nanomaterials, conductive (transparent) inks, force-and temperature-sensitive materials escalate the market growth. According to Market Research Future (MRFR), the organic electronics market valuation is poised to garner exponential traction by 2027, registering an impressive CAGR during the assessment period (2016–2027).

Over the last couple of years, organic electronics technology has evolved dramatically. Also, there have been significant innovations such as printed sensors, including organic and flexible sensors opening new avenues in the automotive, healthcare, supply chain logistics, and other sectors. Increasing customer preference of rigid substrates such as glass, ITO-glass, silicon, and flexible substrates like PET, PEN, TPU, flexible glass, and others substantiate the growth of the market.

On the other hand, the lack of expertise and constrained R&D budgets are significant factors projected to restrict the market growth, hampering developments of existing systems.

Nevertheless, technological upgrades expected in recent years would support market growth throughout the assessment period, bringing the required expertise and reducing organic electronics’ cost. Also, printing sensors using roll-to-roll printing methods are increasingly proving to be a greater choice in functional materials, substrates, and deposition methods, which would push the growth of the market.

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Global Organic Electronics Market – Segmentation

The report is segmented into four dynamics;

By Materials: Conductors, Dielectric, Luminescent, Electrochromic Materials, and others.

By Components: Active Components (transistors, diodes, sensors, others) and Passive Components (traces, antenna, resistors, capacitors, others), and others.

By Application: Photovoltaic Cells, OLED Lighting, Displays, Solar Batteries & Memory Devices, and others.

By Regions: Americas, Europe, APAC, and the Rest-of-the-World.

Global Organic Electronics Market – Regional Analysis

North America dominates the global organic electronics market. Americas is a hub for advanced semiconductor technologies and their early adoption in innovative applications. The largest market share attributes to the enormous demand for transistors, diodes, sensors, others, particularly from the automotive and consumer electronics sectors, substantiating the growth of the regional market. The presence of a well-established infrastructure pushes market progress, allowing implementations of futuristic technologies.

The US and Canada are key markets for organic electronics, providing substantial impetus to the growth of the regional market. Furthermore, the presence of notable electronics manufacturers, alongside the increasing demand for digital technologies and technological advances, drives the market. The North American organic electronics market is estimated to retain its dominance throughout the forecast period.

The Asia Pacific region accounts for the second-largest share in the global organic electronics market. The market is driven by rising technological advances and focuses on using renewable organic sources across the industry verticals. The availability of powerful technologies at affordable costs is a key driving force behind the regional market growth.

Additionally, the presence of many electronic devices manufacturing companies in the region fosters the growth of the market. China, Japan, and India are the key market for Organic electronics in the region, substantially driving the market growth. The APAC organic electronics market is to demonstrate a considerable revenue generation during the upcoming years.

The Europe organic electronics market is emerging as a lucrative market globally. The region perceives a massive uptake of organic electronics. The burgeoning electronics industry in the UK and Germany contribute to the market growth in the region majorly. The European Organic electronics market is anticipated to generate a substantial revenue pocket through 2016-2027.

Global Organic Electronics Market – Competitive Analysis

Highly competitive, the organic electronics market appears fragmented due to the presence of several well-established players. Mergers & acquisitions, innovation, and brand reinforcement remain prevailing key trends for the leading players as these strategies support their growth and expansion plans. They deliver reliable, leading-edge products and services. For which they invest substantially in R&D to develop adept technologies and products.

These companies focus on developing their product portfolios with the latest technologies and following organic and inorganic growth approaches, engaging in product development. The market competition is likely to intensify due to new product launches and the new entrants in the market.

Market Players

Players leading the organic electronics market include AU Optronics Corporation(Taiwan), Sigma-Aldrich Corporation (US), Bayer Material Science AG (Germany), Fujifilm Dimatix (US), Merck Kgaa (Germany), Samsung Display (South Korea), Asahi Kasei Corporation (Japan), Evonik Industries (Germany), Novaled (Germany), and BASF SE (Germany), among others.

Industry/ Innovation/ Related News

August 21, 2020 — InnovationLab (Germany), an expert in printed & organic electronics, announced its partnership with a German printing presses leader- Heidelberger Druckmaschinen AG (Heidelberg) drive the mass production of inexpensive printed and organic sensors.

In addition to the development and industrial production of printed & organic electronics, the partnership represents a milestone for Heidelberg and Germany as an industrial player, opening the growth potential in the two- to three-digit million euro range

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Market Research Future published a research report on “Flexible Electronics and Materials Market Research Report- Forecast 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027. Flexible electronics and materials are extensively used to fabricate electronic devices widely employed in applications, including flexible flat-panel displays, photovoltaics, medical image sensors, electronic paper, and many more. Materials ranging from polymeric semiconductors to nanotube transparent conductors for the important characteristics of each of them allow a direct comparison of these different technologies. The global flexible electronics and materials market is growing rapidly. The Flexible Electronics and Materials Market rise attributes to the increasing adoption of Flexible Electronics and Materials in photovoltaic cells, OLED lighting, displays, solar batteries & memory devices, etc. Solar cells have positioned themselves as an attractive option to meet today's electricity demand. Solar is an effective, renewable, sustainable, and green energy source that can solve the fuel shortage issues in power generation. Rising uses of flexible electronics and materials in photovoltaics are a major driving force behind the increased market landscape today. Market Research Future (MRFR) asserts that the flexible electronics and materials market is poised to garner an exponential valuation by 2022, growing at a modest CAGR during the assessment period (2016–2022). Additionally, the growing demand for compact and lightweight electronic products and technically advanced wearable devices, alongside the increasing competition among commercialized technologies such as LCD, LED, and OLED, boosts the market size. On the other hand, high costs of the technology and the availability of a competent substitute are prominant factors hindering the growth of the flexible electronics and materials industry. Nevertheless, the rising trend of smaller, stronger, lighter, cheaper, and more durable flexible electronics materials, which are crucial to human health and the environment, would support the Flexible Electronics and Materials Market growth throughout the assessment period. Also, the rising applications in bioelectronics and energy storage are expected to bolster flexible electronics and materials growth. Market Players Players leading the flexible electronics and materials market include BASF (Germany), DuPont (U.S.), Merck Kgaa (Germany), L.G. Corporation (South Korea), ALTANA AG (Germany), Samsung Electronics (South Korea), Fujifilm Dimatix (U.S.), Cymbet Corporation (U.S.), Solar Frontier (Germany), and Hewlett Packard (U.S.), among others. Get Premium Free Sample PDF @ https://www.marketresearchfuture.com/sample_request/1154 Flexible Electronics and Materials Market – Segments The report is segmented into three dynamics; By Components: Silicon Materials, Dielectrics, Sensors, Transistors, Displays, Contact Materials, and others. By Application: Healthcare, Automotive, Consumer Electronics, Military & Defence, Biometrics, and others. By Regions : Americas, Europe, APAC, and the Rest-of-the-World. Global Flexible Electronics and Materials Market – Regional Analysis North America dominates the global flexible electronics and materials market. The region is a hub for advanced semiconductor technologies and therefore accounting for the largest flexible electronics market. Moreover, the presence of major electronic players, such as Fujifilm Dimatix, DuPont, and Hewlett Packard in the U.S., increases the region's flexible electronics and materials market share, allowing the early adoption of innovative, flexible electronics technology. The Asia Pacific region gains the second spot globally in terms of the flexible electronics and materials market revenues. The region has long been attracting foreign investors with its raw material advantage and the availability of cost-competitive workforces, impacting the region's market share. Besides, rising technological advances and the rapid adoption of flexible electronics in various industrial applications drive the market's growth. The availability of affordable electronics acts as a key driving force behind the regional market growth. The flexible electronics and materials market in Europe is growing rapidly. It is observed that populaces in this region are widely inclined towards electronics. As a result, the region perceives a massive uptake of electronics. The enormous demand for flexible electronics from well-established automotive and consumer electronics industries substantiates the regional market's growth. Additionally, the burgeoning electronics industry in the U.K. and Germany allows the region to create a substantial revenue pocket. Have Any Query? Ask Our Expert @ https://www.marketresearchfuture.com/reports/flexible-electronics-materials-market-1152 About Us: Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects. Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions. Media Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: [email protected]
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Touchless sensing is defined as an advanced form of human-machine interaction that is dependent on software. Here, the user can control and monitor devices via contactless modes. Market Research Future (MRFR) has published a research report regarding the global touchless sensing market that vaticinates massive extension for this market with 17.3% CAGR (Compound Annual Growth Rate) for this market between 2018 and 2023. In terms of cash, this market is expected to be worth US $ 18 bn.

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The key factors aiding the market growth for touchless sensing are easy incorporation into mobile devices and its high demand across industries including food & agribusiness, healthcare, and Information Technology (IT). Other factors aiding the market include low cost, zero maintenance, reliability, ease of development & integration, enhanced user experience, ease of use, increasing digitalization across industries. Lastly, increasing hygiene concerns, especially in the food industry are contributing substantially to the growth of the touchless sensing market. However, some factors that can cause roadblocks in the market growth are the absence of haptic sensation and high power consumption.

The global touchless sensing market has been segmented on the basis of industry, product, technology, touchless biometric, and lastly, region. The industry-based segmentation segments this market into automotive, banking, financial services and insurance (BFSI), consumer electronics, government, healthcare, and others. Based on the product, the market has been segmented into touchless biometric, touchless sanitary equipment, and others. Touchless sanitary equipment has been sub-segmented into hand dryers, touchless faucets, touchless soap dispensers, touchless towel dispensers, and touchless trashcans.

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On the basis of technology, the market has been segmented into camera-based technology, radio-frequency identification (RFID) technology, sensors, voice assistance, and others. Sensors have been sub-segmented into image sensors, infrared sensors, proximity sensors, and others. The touchless biometric segment has been segmented into a face recognition system, iris recognition, touchless fingerprint recognition, and voice recognition.

The regional segmentation of the global touchless sensing market segments the market into continent-based regional markets known as North America, Europe Asia Pacific and the rest of the world (RoW). According to the report, Europe is expected to hold the largest share during the forecast period due to the favorable initiatives were taken by the governments of various European countries towards hygiene standards. The most important country-specific markets in Europe are France, Germany, Italy, Spain, and the United Kingdom (UK).

North America is the second largest market. The organizations in this region are shifting towards new and upgraded technologies with the increasing adoption of digital business strategies. The presence of a major solution provider of touchless sensing (key market players) in North America is also boosting the market growth in this region. The significant country-specific markets in this region are the United States of America (USA), Canada, and Mexico.

The Asia Pacific is expected to emerge as the fastest growing market during the forecast period because the growth potential of developing countries can provide a favorable environment for product manufacturers. The major country-specific markets in this region are China, India, and Japan, followed by the rest of the Asia Pacific region.

The RoW segment covers the Middle East & Africa (MEA) and Latin America. In Latin America, Argentina and Brazil have strong economies, and they might emerge as big markets in the future. The MEA region shows limited market slow and steady growth. The reasons for the slow market growth in this region are lack of awareness, lack of education, lack of technological development, political instability.

Key Players

The key players in the global touchless sensing market include CogniVue Corporation (Canada), Crossmatch (USA), Elliptic Labs Inc. (Norway), Eyesight Technologies Ltd. (Israel), Microchip Technology Inc. (USA), Microsoft Corporation (USA), Intel (USA), InvenSense (USA), NXP Semiconductors (Netherlands), and Qualcomm Inc. (USA). 

Latest Industry News

  • Twenty Billion Neurons GmbH, a leading provider of real-time, artificial intelligence (AI) solutions and interactive computer vision, has announced a $10 mn Series A funding round, led by M12, Microsoft's venture fund, with participation from Coparion, Creative Edge, and MFV Partners. 26 SEP 2018
  • Microsoft has won a patent for a future surface tablet called Surface Go that could support touchless input & recognize hand gestures. 11 JUL 2018.

 

TABLE OF CONTENTS

 

1 Executive Summary

 

2 Scope Of The Report

 

2.1 Market Definition

 

2.2 Scope Of The Study

 

2.2.1 Research Objectives

 

2.2.2 Assumptions & Limitations

 

2.3 Markets Structure

 

3 Market Research Methodology

 

3.1 Research Process

 

3.2 Secondary Research

 

3.3 Primary Research

 

3.4 Forecast Model

 

4 Market Landscape

 

4.1 Porter’s Five Forces Analysis

 

4.1.1 Threat Of New Entrants

 

4.1.2 Bargaining Power Of Buyers

 

4.1.3 Threat Of Substitutes

 

4.1.4 Segment Rivalry

 

4.1.5 Bargaining Power Of Suppliers

 

4.2 Value Chain/Supply Chain Of Touchless Sensing Market

 

5 Industry Overview Of Touchless Sensing Market

 

5.1 Introduction

 

5.2 Growth Drivers

 

5.3 Impact Analysis

 

5.4 Market Challenges

About Market Research Future:

Market Research Future (MRFR) is a reliable firm that undertakes an extensive analysis of markets in various domains. Our teams of research analysts gather relevant data through painstaking primary and secondary research that aims to give clients a complete outlook on markets of their interest. The data is compared against third-party agencies and reputed organizations for estimating valuations and revenue projections.

MRFR’s goal in providing a comprehensive coverage of the market replete with latest trends, niches, developments, and insights can be lucrative for business needs. We aim to push our clients to the forefront by guiding them with astute information for making informed decisions. Our market intelligence can track down key issues in industries and be modified as per the fluctuations in economic scenarios. The reports are customized and offered as per a specific region or country and adhere to latest policies.

 

 

 

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Market Research Future published a research report on “Vertical Farming Market Research Report - Global Forecast till 2027” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2027.

Market overview

The global vertical farming market is anticipated to make a significant USD 6.5 billion by 2024. Moreover, this figure is expected to be achieved at a CAGR of approximately 20% during the forecast period of 2019–2024. The major factor that is said to be influencing the growth of the market is said to be the growing demand for quality and greater volumes of food. This apart lowered environmental impact is also touted as one of the prime factors.

The prospect and scope for the global vertical farming market are said to be promising and are associated with its ability to address a lack of cultivable land area issues. Moreover, it encourages the cultivation of food in mass range within confined space. Through the process, it is capable of overcoming the key challenge of meeting the needs of global demand for food. In an era of empowered technical farming, this concept seems highly effective. With a growing emphasis on agriculture, the market is expected to grow even at a much greater rate.

The Vertical Farming Market is anticipated to be the most prolific and profitable for vendors around the globe. The prime reason behind this is said to be due to a grown level of awareness among the modern-day farmers regarding technology. To be specific, farmers in Asian domains are encouraging awareness of vertical farming, thus widening the scope of the market. Moreover, this aspect is expected to be even more encouraging in the upcoming future through the advent of high-end technologies and awareness.

Segmentation

The global vertical farming market is segmented on the basis of technology, structure, crop type, and region.

On the basis of technology, the global market is segmented further into aeroponics, hydroponics, and aquaponics.

The global vertical farming market is segmented further on the basis of the structure as well, into indoor vertical farming and outdoor vertical farming. Again, the indoor vertical farming market is again segmented into building-based vertical farming and shipping containers vertical farming.

In terms of crop type, the market is segmented further into a tomato, lettuce, leafy vegetables, strawberries, herbs, and others.

From a regional perspective, the global vertical farming market is segmented into four key regions, including North America, Europe, Asia-Pacific, and the rest of the world.

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Regional analysis

From a regional perspective, the global vertical farming market is segmented into four key regions including North America, Europe, Asia-Pacific, and the rest of the world 

The North American market is again segmented into the US, Canada, and Mexico. Coming to the European market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global vertical farming market is segmented into China, India, Japan, and Australia. Among others, the market is segmented into South America, the Middle East, and Africa. The US in North America, India, and China in Asia, the UK, and Germany in Europe are the leading players.

Get Complete Report @ https://www.marketresearchfuture.com/reports/vertical-farming-market-2779 

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Information:

Media Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]

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Global VoLTE Technology Market   - Overview

VoLTE or Voice over Long Term Evolution refers to a digital voice service, delivered over IP via an LTE access network and utilizing IMS technology.  Many organizations implement VoLTE for the monetary & operational benefits it offers. Providing a more efficient use of spectrum than traditional voice; VoLTE successfully meets the rising demand for enhanced and more reliable services.

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Allowing the convenience of portability, VoLTE eliminates the need to have the voice on one network and data on another. Such aspects are allowing VoLTE Technology to garner a lot of prominence on the global platform, escalating its market to perceive phenomenal accruals. 

In its recently published study report; foretelling the market insights up to 2022 Market Research Future (MRFR) states that the VoLTE Technology has the potential to evolve & expand further. And, hence the global VoLTE (Voice over LTE) market is to experience an exponential growth by 2022, registering a fabulous CAGR during 2017 - 2022.

The evolution of 4G LTE network has impacted the market growth positively. Growing demand for efficient voice call services in telecommunication sectors has fostered the market growth to an extent. Increasing adoption of video conferencing and instant file transmission services by enterprises provides impetus to the market growth of VoLTE.

Conversely, the high cost of calls and lack of technical expertise are some of the factors hindering the market growth of VoLTE Technology Market. Nevertheless, the market proliferation of smartphones and growing radio spectrum traffic over the network is encouraging operators to invest more in broadband networks, therefore, creating demand for voice over LTE for the better network technology if offers.

Global VoLTE Market – Competitive Analysis

Well-established players having a strong presence in the international and regional market adorn the global VoLTE market as highly competitive and fragmented. At present, key players operating in the market are fervent to invest heavily which will transform the consumer and business landscape in the future. All players are fiercely competing to gain a substantial market share.  Matured players incorporate collaboration, acquisition, partnership, product & technology launch, and expansion, to gain competitive advantage and to stay abreast in this market.

Industry/ Innovation/ Related News:

May 2, 2018 – Idea Cellular (India), one of the telecom giants launched its 4G VoLTE services in six prominent states of India including Maharashtra & Goa, Kerala, Gujarat, Tamil Nadu, Andhra Pradesh & Telangana, and, Madhya Pradesh & Chhattisgarh. Now Idea customers in these six states will be able to use its Voice over LTE services Idea has become the fourth telecom operator in India to kick-start its VoLTE services.

April 20, 2018 – Vodafone Essar (India), one of the telecom giants, after rolling out VoLTE services recently in some of the states in India including Maharashtra & Goa, Delhi-NCR, Gujarat, Haryana, and Rajasthan, launched it in the Chennai state. The telecom company has launched these services to enable its customers the benefits of VoLTE technology, facilitating voice on 4G network and lowers cost of offering voice calls.

May 2, 2018 – Three UK, British telecommunications, and internet service provider announced its partnership with SSE Enterprise Telecoms (UK), a giant provider of high capacity connectivity, to update Three’s backend infrastructure and to pave the way for 5G and enhance 4G coverage. Three has already taken steps to strengthen its network and improve indoor coverage through Voice over Wi-Fi (VoWi-Fi), small cells, Voice over LTE (VoLTE) and low range 800MHz spectrum. The deal with SSE will connect these omnipotent technologies to the network.

Access Report @ https://www.marketresearchfuture.com/reports/volte-technology-market-1402

Global VoLTE Technology Market   - Segments

For the convenience of the report and enhanced understanding; MRFR Analysis is been segmented in to 3 key dynamics;

By Device             :  Tablets/Laptops, Smartphones, Routers, and Wireless modem among others.

By Technology    : VoIMS (Voice over IP Multimedia Subsystems), CSFB (Circuit Switch Fall Back), SRVCC (Single Radio Voice Call Continuity), and SVLTE (Simultaneous Voice & LTE) among others.

By Regions          :  North America, Europe, APAC and Rest of the World.

VoLTE Technology Market: Regional Analysis

North America region dominates the Global VoLTE Market with the largest share owing to the highest per capita in the region that is improving consumers’ lifestyle, enhancing their affordability. Moreover, the rise in application areas of the technology coupled with its large-scale adoption in telecommunications is driving the market in this region.

The Europe VoLTE market is increasing due to the resurging economy and the proliferation of smartphones in the region.  Growing investments in the development of technology are paying off well driving the regional market growth. Also, the presence of prominent market players in the region and the investments put in by them in R&D activities, in turn, foster the market growth to an extent.

While the Asia Pacific region is growing steadily owing to the factors such as Technical expertise rendered by the existing key market players coupled with the rising demand for the technology in emerging countries like India, China & Taiwan, and increased industrialization are driving the market in this region.

Key Players:

Verizon Wireless (US), AT&T Inc. (US), Nokia Corporation (Finland), Ericsson (Sweden), Alcatel-Lucent (France), KT Corporation (South Korea), Rogers Communication (Canada), SK Telecom Co. Ltd. (South Korea), Huawei Technologies Co. Ltd. (China) and LG Uplus Corporation (South Korea) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global VoLTE Technology Market.

 

About Market Research Future:

Market Research Future (MRFR) is a reliable firm that undertakes an extensive analysis of markets in various domains. Our teams of research analysts gather relevant data through painstaking primary and secondary research that aims to give clients a completoutlook on markets of their interest. The data is compared against third-party agencies and reputed organizations for estimating valuations and revenue projections.

MRFR’s goal in providing a comprehensive coverage of the market replete with latest trends, niches, developments, and insights can be lucrative for business needs. We aim to push our clients to the forefront by guiding them with astute information for making informed decisions. Our market intelligence can track down key issues in industries and be modified as per the fluctuations in economic scenarios. The reports are customized and offered as per a specific region or country and adhere to latest policies.

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