Voice Over LTE (VoLTE) Technology Market

By Device;

Tablets, Smartphones, Routers, Laptops and Others

By Application;

Video Calling, Voice Calling, Conferencing and Others

By Technology;

Circuit Switch Fall Back (CSFB), Voice Over IP Multimedia Subsystems (VoIMS), Simultaneous Voice & LTE (SVLTE) and Single Radio Voice Call Continuity (SRVCC)

By End-User;

Consumers and Enterprises

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn025223615 Published Date: August, 2025 Updated Date: September, 2025

Voice Over LTE (VoLTE) Technology Market Global Overview

VoLTE Technology Market (USD Million)

VoLTE Technology Market was valued at USD 7,280.78 million in the year 2024. The size of this market is expected to increase to USD 110,269.80 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 47.4%.


Voice Over LTE (VoLTE) Technology Market

*Market size in USD million

CAGR 47.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)47.4 %
Market Size (2024)USD 7,280.78 Million
Market Size (2031)USD 110,269.80 Million
Market ConcentrationLow
Report Pages353
7,280.78
2024
110,269.80
2031

Major Players

  • Ericsson
  • Huawei Technologies Co., Ltd.
  • Nokia Corporation
  • Cisco Systems, Inc.
  • ZTE Corporation
  • Samsung Electronics Co., Ltd.
  • Mavenir
  • NEC Corporation
  • Metaswitch Networks (Microsoft)
  • Ribbon Communications

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Voice Over LTE (VoLTE) Technology Market

Fragmented - Highly competitive market without dominant players


The Voice Over LTE (VoLTE) Technology Market is gaining strong momentum as telecom providers increasingly migrate to advanced networks. VoLTE delivers high-definition voice, faster call setup, and improved spectral efficiency, replacing legacy systems. Nearly 60% of operators globally have deployed or are deploying VoLTE, reflecting its expanding footprint and rising demand for enhanced voice services.

Growing Adoption of Advanced Communication
The adoption of 4G and 5G connectivity has accelerated VoLTE uptake, with about 70% of LTE subscribers using it for voice calls. Features like enhanced voice clarity and seamless data integration make VoLTE the preferred choice over circuit-switched networks, driving its rapid integration into mobile ecosystems worldwide.

Integration with Emerging Technologies
The market is strengthened by VoLTE’s compatibility with video calling, Rich Communication Services (RCS), and IoT applications. Over 45% of mobile subscribers now utilize VoLTE-enabled services beyond traditional calling, showcasing its role in powering digital transformation and creating richer communication experiences.

Cost Efficiency and Network Optimization
Telecom operators benefit from VoLTE’s efficient spectrum usage, enabling optimized bandwidth and better network performance. Nearly 50% of operators report reduced operational costs after VoLTE deployment, as the technology unifies voice and data over IP, eliminating the need for parallel legacy infrastructure.

VoLTE Technology Market Recent Developments

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Device
    2. Market Snapshot, By Application
    3. Market Snapshot, By Technology
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. VoLTE Technology Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing LTE Adoption
        2. Demand for HD Voice Quality
        3. Network Efficiency and Spectrum Optimization
      2. Restraints
        1. Interoperability Challenges
        2. Coverage and Deployment Challenges
        3. Legacy Network Migration
      3. Opportunities
        1. 5G Integration
        2. Enterprise Adoption
        3. Emerging Markets
    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. VoLTE Technology Market, By Device, 2021 - 2031 (USD Million)
      1. Tablets
      2. Smartphones
      3. Routers
      4. Laptops
      5. Others
    2. VoLTE Technology Market, By Application, 2021 - 2031 (USD Million)
      1. Video Calling
      2. Voice Calling
      3. Conferencing
      4. Others
    3. VoLTE Technology Market, By Technology, 2021 - 2031 (USD Million)
      1. Circuit Switch Fall Back (CSFB)
      2. Voice Over IP Multimedia Subsystems (VoIMS)
      3. Simultaneous Voice & LTE (SVLTE)
      4. Single Radio Voice Call Continuity (SRVCC)
    4. VoLTE Technology Market, By End-User, 2021 - 2031 (USD Million)

      1. Consumer

      2. Enterprises

    5. VoLTE Technology 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. Ericsson
      2. Huawei Technologies Co., Ltd.
      3. Nokia Corporation
      4. Cisco Systems, Inc.
      5. ZTE Corporation
      6. Samsung Electronics Co., Ltd.
      7. Mavenir
      8. NEC Corporation
      9. Metaswitch Networks (Microsoft)
      10. Ribbon Communications
  7. Analyst Views
  8. Future Outlook of the Market