IP Multimedia Subsystems (IMS) Market Poised for Growth Amid Rising Demand for Enhanced Network Infrastructure

The global Internet Protocol (IP) Multimedia Subsystems (IMS) market size was USD 3.00 Billion in 2022 and is expected to register a rapid revenue CAGR of 13.7% during the forecast period. The global Internet Protocol (IP) Multimedia Subsystems (IMS) market is experiencing significant growth due to increasing demand for advanced network infrastructure and the adoption of IP multimedia solutions by both enterprises and individual consumers. By enabling diverse communication services across a unified platform, IMS is transforming the way organizations and individuals connect, communicate, and collaborate. Enhanced network systems, supporting applications from 5G connectivity to unified multimedia services, are driving increased adoption, positioning IMS as a cost-effective, standardized solution for both mobile and fixed network operators.

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Key Market Drivers

The rising popularity of IP multimedia subsystems, which offer cost-effective and scalable network solutions, has become central to businesses looking to improve productivity. Both small and large enterprises benefit from IMS's ability to streamline communication, manage control, and reduce operational expenses. As a result, many organizations are adopting IMS to meet the demand for modern, unified communication solutions. For network operators, IMS technology also presents opportunities to broaden service offerings, adding integrated voice, video, and multimedia services.

Expanding Market Opportunities

Network operators are increasingly deploying IMS solutions to offer versatile services, enabling end-users to manage calls and multimedia sessions in real-time. This flexibility has made IMS appealing across sectors, from government to healthcare, where reliable communication and secure data transfer are essential.

Challenges Facing IMS Market Growth

The rapid shift to internet-based IMS services raises concerns over data security. As more systems connect to the Internet, the potential for cyberattacks increases, posing a risk to data privacy and security. Organizations must implement advanced multifactor authentication and other protective measures to safeguard against cyber threats. These concerns underscore the importance of cybersecurity innovations to ensure IMS's continued adoption by enterprise and consumer markets.

Emerging Trends

A key trend driving the IMS market forward is the advent of 5G technology. 5G is unlocking new growth opportunities across sectors, offering seamless communication, enhanced computational capabilities, and lower latency. By 2030, 5G-enabled networks are expected to lead to increased IMS utilization. The advanced connectivity and reliability of 5G make IMS an ideal choice for various applications, from real-time multimedia conferencing to complex cloud-based operations.

Segment Insights

Telecom Operators: The IMS market sees notable segmentation between mobile and fixed operators. Fixed operators lead the market, with a growing focus on standardizing Session Initiation Protocol (SIP) for IMS across fixed networks. This move helps establish global standards, creating a more uniform communication experience for users across devices and networks. Mobile operators are quickly adapting to these standards to provide seamless communication services across various devices, propelled by ongoing 5G deployments.

Components: IMS components fall under two main categories: products and services. The services segment, which includes voice, video, messaging, and data solutions, holds a large share of the IMS market. Its real-time multimedia and messaging capabilities make it highly appealing to enterprises and individual users alike. The product segment, featuring devices like smartphones and wearables, is expected to grow rapidly, driven by the adoption of IP multimedia technology across consumer electronics.

End Use: In terms of end-users, the enterprise sector is experiencing fast growth as organizations increasingly turn to IMS for integrated communication channels, from messaging and video to real-time collaboration tools. These solutions improve productivity and streamline communication across various office locations. The consumer segment continues to capture a significant revenue share as demand for multimedia communication services rises with smartphone adoption.

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Internet Protocol (IP) Multimedia Subsystems (IMS) Top Companies and Competitive Landscape

The global Internet Protocol (IP) Multimedia Subsystems (IMS) market is moderately fragmented, with many large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective IP IMS solutions.

Some major players included in the global Internet Protocol (IP) Multimedia Subsystems (IMS) market report are:

Athonet Srl

Genesys Telecommunications Laboratories Inc.

Hewlett Packard Enterprise Co.

Italtel S.p.A

Juniper Networks Inc.

Mavenir Systems Inc.

Mitel Networks Corp.

NEC Corp.

Nokia Corp

Oracle Corp.

Reliance Industries Ltd.

Ribbon Communications Inc.

Samsung Electronics Co., Ltd.

Telefonaktiebolaget LM Ericsson

Deutsche Telekom AG

Huawei Technologies Co., Ltd.

ZTE Corporation

Cirpack

Cisco Systems Inc.

IBM Corporation

Internet Protocol (IP) Multimedia Subsystems (IMS) Latest Industry Updates

In March 2023, Ericsson partnered with AXIAN Telecom at the Mobile World Congress 2023 in Barcelona, Spain. This collaboration focuses on modernizing AXIAN Telecom's operations in Madagascar, specifically their Radio Access Network (RAN), microwave transport infrastructure, and core networks for Telma Madagascar. Ericsson is set to offer a flexible and cost-effective solution for mobile transport networks. The modernization effort includes enhancements and expansions in various areas such as Internet Protocol (IP) Multimedia Subsystems (IMS), virtual charging, virtual User Data Consolidation, and virtual mediation.

In September 2022, L Hiya, a provider of cloud-based call performance monitoring services, unveiled a new partnership with Ericsson. The main objective of this collaboration is to offer network-based call protection to telecommunications carriers on a global scale. Their latest service, 'Call Qualification,' is a fraud and spam call prevention solution primarily powered by Hiya Protect. It is accessible to all wireless carriers that utilize the Ericsson IP IMS.

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For the purpose of this report, Emergen Research has segmented the global IP IMS market on the basis of telecom operator, component, end-use, and region:

Telecom Operator Outlook (Revenue, USD Billion; 2019-2032)

Mobile Operators

Fixed Operators

Component Outlook (Revenue, USD Billion; 2019-2032)

Services

Professional Services

Consulting

Integration and Deployment

Training and Support

Managed Services

Product

End-use Industry Vertical Outlook (Revenue, USD Billion; 2019-2032)

Consumer

Enterprise

Regional Outlook (Revenue, USD Billion; 2019-2032)

North America

U.S.

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

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

UAE

South Africa

Turkey

Rest of Middle East & Africa

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Internet Protocol (IP) Multimedia Subsystems (IMS) Market Size@ https://www.emergenresearch.com/industry-report/internet-protocol-multimedia-subsystems-market/market-size

Internet Protocol (IP) Multimedia Subsystems (IMS) Market Share@ https://www.emergenresearch.com/industry-report/internet-protocol-multimedia-subsystems-market/market-share

Internet Protocol (IP) Multimedia Subsystems (IMS) Market Trends@ https://www.emergenresearch.com/industry-report/internet-protocol-multimedia-subsystems-market/market-trends

Internet Protocol (IP) Multimedia Subsystems (IMS) Regional Market Demand@ https://www.emergenresearch.com/industry-report/internet-protocol-multimedia-subsystems-market/regional-market-demand

Internet Protocol (IP) Multimedia Subsystems (IMS) Market Analysis@ https://www.emergenresearch.com/industry-report/internet-protocol-multimedia-subsystems-market/market-analysis

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