IMS Core Network Devices Market size is estimated to be USD 3.12 Billion in 2024 and is expected to reach USD 6.45 Billion by 2033 at a CAGR of 8.8% from 2026 to 2033.
The IMS Core Network Devices market has been experiencing significant growth, with a market size valued at USD 4.5 billion in 2022 and projected to reach USD 8.0 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.0% from 2024 to 2030. This growth is driven by the increasing adoption of IP multimedia subsystems, the expansion of 5G networks, and the rising demand for advanced communication services across various regions.
Regionally, North America dominated the market in 2023, accounting for approximately 30% of the global revenue. The regions early adoption of advanced technologies and substantial investments in telecom infrastructure have been pivotal. The Asia Pacific region is poised for the highest growth, with a projected CAGR of 8% from 2024 to 2032, fueled by rapid urbanization and extensive 5G deployments in countries like China and India. Europe also presents considerable opportunities, contributing around 25% of the global revenue in 2023, with growth driven by the European Unions initiatives to enhance digital infrastructure and support 5G deployment.
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Ericsson
Nokia
Fiberhome Telecom Tech
Zhuhai Comleader
GenewTechnologies
Huawei
ZTE
Hebei Far East Communication System Engineering
Beijing C&W Technology
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global IMS Core Network Devices Market
Media Gateway
Application Server
Call Session Control Function (CSCF)
Home Subscriber Server (HSS)
IP Multimedia Subsystem (IMS) Endpoint Devices
Next Generation Network (NGN)
Session Initiation Protocol (SIP)
Diameter Protocol
Voice over LTE (VoLTE)
WebRTC (Web Real-Time Communication)
Telecommunication Service Providers
Enterprises
Government Organizations
Data Centers
Cloud Service Providers
On-Premises Deployment
Cloud-Based Deployment
Hybrid Deployment
Hardware Components
Software Applications
Network Infrastructure
Management and Operation Tools
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global IMS Core Network Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global IMS Core Network Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global IMS Core Network Devices Market, By Type
6. Global IMS Core Network Devices Market, By Application
7. Global IMS Core Network Devices Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global IMS Core Network Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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