Huawei, the Chinese telecommunications company, has around a quarter of global sales from VoIP and IMS IHS Markit . Ericsson, the Swedish telecommunications company, holds around 21 percent of global VoIP and IMS sales, followed by Nokia and ZTE.
Voice over Internet Protocol (VoIP) allows users to make voice calls over a broadband Internet connection instead of a regular phone line. Overall, VoIP sales fell by 12 percent between 2017 and 2018 compared to the previous year. The slump is being fueled by the slow development of the Voice over LTE (VoLTE) network and stagnating spending. VoLTE has been the key growth driver for VoIP and IMS, so the barriers to broadband network expansion are hindering the VoIP market.
Huawei, the Chinese telecommunications company, has cornered about a quarter of global revenue from VoIP and IMS equipment, according to estimates from IHS Markit . Ericsson, the Swedish telecommunications company, holds about 21 percent of the VoIP and IMS global revenue, followed by Nokia and ZTE.
Voice over Internet Protocol (VoIP) allows users to make voice calls using broadband internet connection instead of a standard phone line. Overall the VoIP revenue dropped by 12 percent year over year between 2017 and 2018. The dip is fueled by the sluggish voice over LTE (VoLTE) network advancements and flatlined spending. VoLTE was the main driver of VoIP and IMS growth, so roadblocks for the broadband network stymie VoIP market expansion.
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