IP MULTIMEDIA SUBSYSTEM MARKET ANALYSIS

Market News

Key Developments

1. Key companies in the market are focused on collaborations and partnerships, in order to enhance the market presence. For instance, in March 2017, Nokia entered into a partnership with TIM, which is a leader in 4G coverage in Brazil. Through this partnership, Nokia is expected to upgrade its 4G network to 4.5G Pro for network modernization towards 5G with Nokia AirScale radio platform, which will enable operators to mix frequencies and technology usage at the same site, thereby reducing costs and enabling fast deployment of the new LTE network.
2. Major players in the market are involved in product launches, in order to expand the product portfolio. For instance, in March 2017, Huawei Technologies launched next-generation wireless communication solutions for integrating voice, video, intercom, monitoring, IoT and other services into a single system.