The emergence of Voice over New Radio (VoNR) market a significant milestone in the development of 5G networks. This innovative technology allows for high-quality voice and video communication over an IP Multimedia System (IMS) using the advanced 5G radio access technology known as New Radio. Compared to its predecessor, Fourth Generation Long Term Evolution (4G LTE), New Radio offers a faster and more reliable network connection, making it an ideal solution for VoNR. VoNR is designed to operate exclusively on 5G networks, making it a targeted voice and video communication technology solution for this cutting-edge network system. With the continued expansion of 5G network coverage, VoNR is expected to become an essential tool for businesses and individuals alike, enabling high-quality and reliable voice and video communication.
The use of Non-Standalone (NSA) 5G sources is expected to help in the commercialization of VoNR, allowing for seamless integration with existing communication technologies. This will help to facilitate the widespread adoption of 5G networks, making it easier for businesses and individuals to take advantage of the many benefits that this technology offers.
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The information and communication technology sector is rapidly gaining traction owing to rapid technological advancements, high demand for smartphones, laptops, computers and other modern electronic devices, and increasing adoption of latest technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. The ICT sector consists of several sections, software, hardware, telecommunications and other services. Factors such as increasing demand for advanced ICT services in BFSI, agriculture, retail, hospital and healthcare, rapid adoption of digitalization, rising number of internet users and high demand of advanced services and devices are expected to drive global market revenue growth during the forecast period. Other factors such as increasing need for managing large data base, rising concerns about data security and increasing investments in RD activities are expected to boost market growth during the forecast period.
Competitive Landscape:
Competitive landscape of global Keyword market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand their product portfolio.
some leading companies operating in the global Keyword market:
ATT Inc., Huawei Technologies Co., Ltd., Qualcomm Incorporated, Ericsson Telecommunications company, MediaTek Inc., Samsung Group, Alcatel-Lucent S.A., Nokia Networks, LG Electronics, and T-Mobile, among others.
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The global market is further segmented into type and application:
Applications Outlook (Revenue, USD Billion; Volume, Thousand Unit; 2016-2026)
- Consumer Electronics
- Communication Equipment
- Semiconductor Systems
Evolution Path Outlook (Revenue, USD Billion; Volume, Thousand Unit; 2016-2026)
- VoLTE to EPS FB to VoNR
- VoLTE to VoNR
- VoLTE to VoeLTE to RAT FB to VoNR
Technology Outlook (Revenue, USD Billion; Volume, Thousand Unit; 2016-2026)
- Sub 6 GHz frequency Bands
- High Frequency Bands over 24 GHz
Latency Outlook (Revenue, USD Billion; Volume, Thousand Unit; 2016-2026)
- 625 millisecond to 0.125 millisecond
- 25 millisecond to 1 millisecond
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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In addition to providing high-quality voice and video communication, VoNR has the potential to revolutionize the way that businesses and individuals communicate, enabling new and innovative applications that were previously not possible. This includes everything from advanced virtual reality (VR) and augmented reality (AR) applications to improved remote collaboration and telemedicine solutions.
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