IP Multimedia Subsystem (IMS) Market Is Expected to Represent an Incremental Opportunity of US$ 37,927.6 Mn Between 2016 and 2026
March 15, 2018 at 21:08 PM EDT
Valley Cottage, NY -- (SBWIRE) -- 03/15/2018 -- Future Market Insights (FMI) recently published a report on the global market for IP multimedia subsystem, findings from which assert that the market will surge at an impressive pace over the forecast period (2016-2026). Demand for IP multimedia subsystem is anticipated to grow at a pronounce rate and bring in US$ 50,347.4 Mn in revenues by 2026-end, reflecting a CAGR of 15% during the forecast period. Increasing use of shared service infrastructure is cited as a key factor propelling growth of the global IP multimedia subsystem market. In addition, interworking with Internet and support for quality of service is also likely to drive the demand for IP multimedia subsystem in the near future.