Asia Pacific Mobile Voice Market Size, Share & Industry Trends Analysis Report By Transmission (Wireless and Wireline), By End User (Consumer/Residential and Business), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Mobile Voice Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
Another solution of mobile integration employs a Softswitch-like gateway to connect SIP and RTP to the SS7 architecture of the mobile network. In this arrangement, the mobile handset continues to function as it has in the past (as a GSM or CDMA-based device), but it can now be managed by a SIP application server that can offer it sophisticated SIP-based services. Several suppliers now provide this feature.
Mobile VoIP will necessitate a trade-off between cost and mobility. Voice over Wi-Fi, for instance, offers potentially free service but is only accessible within the range of a single Wi-Fi access point. Cordless protocols have good speech support and even base station handoff, but they need all base stations to connect over a single LAN because the handoff protocol is not supported by most carriers or devices.
China, for instance, is experiencing a substantial increase in the demand for the voice user interface. China and Japan are continuously improving their technology in various industries. In addition, the large populations of countries such as India and China, together with continued technological advancements and innovation, would play a significant role in boosting the production and supply of voice user interface-based digital devices throughout the area. In addition, government measures would play a significant role in the market's growth. Digital India, an effort by the Indian government, focuses on promoting the use of digital products and technology throughout the country by releasing new technologies and improving current ones.
The 5G technology was envisioned as a basis for enhancing the Networked Society's possibilities. Virtually every sector is undergoing a digital change fueled by the power of connection. The environment is developing to incorporate networked "smart objects" on a large scale. Consequently, the method by which future networks will accommodate immensely diverse demands and an evolving commercial landscape will change dramatically from the present. The economic benefits of 5G technology are also very substantial.
The China market dominated the Asia Pacific Mobile Voice Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $52 Billion by 2028. The Japan market is estimated to grow a CAGR of 5.1% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.4% during (2022 - 2028).
Based on Transmission, the market is segmented into Wireless and Wireline. Based on End User, the market is segmented into Consumer/Residential and Business. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AT&T, Inc., Verizon Communications, Inc., SoftBank Group Corporation, Deutsche Telekom AG, Telefonica S.A., Vodafone Group Plc, Nippon Telegraph and Telephone Corporation, China Mobile Limited, and KT Corporation.
Scope of the Study
Market Segments Covered in the Report:
By End User
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- AT&T, Inc.
- Verizon Communications, Inc.
- SoftBank Group Corporation
- Deutsche Telekom AG
- Telefonica S.A.
- Vodafone Group Plc
- Nippon Telegraph and Telephone Corporation
- China Mobile Limited
- KT Corporation
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