In recent years, there has been a massive growth in the worldwide Wi-Fi hotspot coverage. In the last couple of years, the governments of several countries have made huge investments in the deployment of Wi-Fi hotspots in various public places. In 2017, there were as many as 124 million community and public wireless local area network (WLAN) hotspots all over the world and this number is predicted to rise to 550 million by 2022.
Besides the aforementioned factor, the emergence of community Wi-Fi hotspots, the availability of free Wi-Fi access, and the higher speeds and capacities of Wi-Fi networks are also fueling the advancement of the VoWiFi market around the world. The advent of voice over Wi-Fi services has caused huge improvements in the QoS being provided to subscribers. This technology allows users to remain connected with each other over the call, even when there is no mobile signal.
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VoWiFi enables users to receive and make calls reliably without upgrading the smartphone or installing additional applications. Furthermore, this technology utilizes the already existing subscriber identification module (SIM) security mechanisms for authenticating and protecting communications. It also allows the seamless transfer of the network, from Wi-Fi to cellular networks, during ongoing calls. Poor network issues at homes, offices, and shops and the availability of voice-over Wi-Fi at affordable prices are encouraging mobile operators to expand their operations in different places.
This market research report provides a comprehensive overview of the VoWiFi market
- Historical and the present size of the VoWiFi market
- Future potential of the market through its forecast for the period 2020– 2030
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
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