In smartphones, when HD Voice (High-Definition Voice) is enabled, the service accesses to the latest advanced calling features, which is made possible by VoLTE technology. VoLTE delivers voice calls over the 4G Long-Term Evolution (LTE) network to provide high sound quality. A more natural sounding audio is attained when both parties are using HD voice enabled smartphones that are connected to service providers 4G LTE network.
The HD Voice Market was a growing segment in the telecommunications industry. HD Voice technology aims to enhance the quality of voice calls by providing clearer and more natural-sounding audio, reducing background noise, and improving overall call clarity. This improvement in voice quality is achieved through wider audio frequency ranges and improved audio codecs.
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The additional benefits of HD voice include simultaneous voice and 4G LTE data, one-way or two-way video calls (including video calls over Wi-Fi), six-way conference calls, Wi-Fi Calling, and others. A HD voice call using G.722 can be delivered on the same amount of bandwidth as its digital public switched telephone network (POTS) equivalent of G.711 i.e. 64 Kbps. Therefore, the global HD voice market size is expected to grow at a significant rate during the forecast period.
The global HD voice market is segmented based on access type, user type, application, and region. Based on access type, it is bifurcated into mobile access and broadband access. Based on user type, it is classified into enterprise user and consumer. Based on application, it is categorized into audio broadcast, web conferencing, video conferencing, audio conferencing, multimedia conferencing, and announcement services. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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HD voice is transforming the voice communication and collaboration by bringing high-fidelity to the smart phones such as telephones, creating a richer and more natural experience which in turn is increasing adoption of VoLTE across various sectors. This is a major factor expected to drive the growth of the global HD voice market.
Key benefits of the report:
➢ This study presents the analytical depiction of the HD Voice industry along with the current trends and future estimations to determine the imminent investment pockets.
➢ The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the HD Voice market share.
➢ The current market is quantitatively analyzed to highlight the HD Voice market growth scenario.
➢ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
➢ The report provides a detailed HD Voice market analysis based on competitive intensity and how the competition will take shape in the coming years
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Businesses that operate globally are evidently changing voice usage models to increase clarity for more natural conversations, which in turn significantly boosts recognition and enhances productivity of the business, which is also a factor that fuels the growth of the global HD voice market. Growing acceptance of softphone technology and support of WebRTC by diverse web browsers that offers capability to make calls from computer using a VoIP service, is in turn propelling the growth of the global HD voice market.
For instance, Skype, iChat, and GoogleTalk are some of the more popular VoIP services used globally. However, rapid growth of over-the-top (OTT) players and lack of codec interoperability are some of the major factors that are expected to restraint the growth of the global HD voice market.
Leading Market Players
The key players profiled in the HD Voice market analysis are
Verizon Communication, Inc., Broadcom, Inc., CISCO Systems, Inc., Deutsche Telekom AG, AT&T Inc., Alcatel-Lucent S.A, Avaya, Inc., Polycom, Inc., Telefonaktiebolaget LM Ericsson, Orange AG.
These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Current and future HD Voice market trends are outlined to determine the overall attractiveness of the market.
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