IP Multimedia Subsystem Market Report 2025

The IP multimedia subsystem market size has grown rapidly in recent years. It will grow from $3.69 billion in 2024 to $4.16 billion in 2025 at a compound annual growth rate (CAGR) of 12.8%. The growth in the historic period can be attributed to rise in OTT services, industry collaboration and standards, volte implementation, telecom industry convergence, rapid growth in mobile data traffic.

The IP multimedia subsystem market size is expected to see rapid growth in the next few years. It will grow to $7.67 billion in 2029 at a compound annual growth rate (CAGR) of 16.5%. The growth in the forecast period can be attributed to increasing demand for rich communication services (RCS), internet of things (IoT) expansion, cloud-based IMS solutions, virtualization and NFV integration, demand for enhanced multimedia services, government initiatives and policies. Major trends in the forecast period include market competition and innovation, enterprise adoption for unified communications, mobile network operators' strategy, service providers' focus on customer experience.

The growing use of multimedia applications is anticipated to drive the expansion of the IP multimedia subsystems market in the future. Multimedia serves as an effective tool for conveying ideas and thoughts, utilized across a wide range of applications that require engaging, highly visual, and three-dimensional environments due to its performance capabilities. The IP multimedia subsystem plays a crucial role in facilitating communication services across various multimedia applications. For example, in September 2024, StatCounter, an Ireland-based website statistics program, reported that the percentage of social media users in Europe rose to 8.54%, up from 7.29% in August 2024. Therefore, the increasing prevalence of multimedia applications is fueling the growth of the IP multimedia subsystems market.

The escalating demand for cloud-based solutions is anticipated to drive growth in the IP multimedia subsystems market. Cloud-based solutions, offering on-demand computing resources accessible over the Internet, provide scalable options wherein organizations can flexibly adjust their infrastructure based on demand, ensuring greater adaptability. This scalability aligns with the requirements of the IP multimedia subsystems (IMS), enabling it to efficiently handle expanding workloads and accommodate evolving needs. A report from 2022 by Thales Group highlighted that nearly 98% of corporations utilized cloud storage for their data, with an estimated 60% of corporate data residing in cloud-based storage solutions. Hence, the mounting demand for cloud-based solutions fuels the IP multimedia subsystems market's growth trajectory.

Technological advancement emerges as a prominent trend driving the IP multimedia subsystem market's evolution. Leading companies are dedicating resources to research and development, focusing on product innovations to fortify their market position. For instance, in January 2022, GL Communications Inc., a multinational telecommunications company based in South Korea, unveiled an advanced conformance test tool that supports simulating various telecommunication protocols. The tool, known as the MAPS LCS Test Suite, specifically caters to Session Initiation Protocol (SIP), a signaling protocol enabling real-time communication sessions between IP devices, facilitating voice, messaging, and video channels. It furnishes clients with a fully functional network environment to evaluate applications, devices, and services within the IP multimedia subsystem (IMS) infrastructure.

Major players in the IP multimedia subsystem market are innovating by developing products like the Plintron MVNE platform to address industry demands and expand global market presence. Plintron's MVNE (Mobile Virtual Network Enabler) platform offers end-to-end solutions catering to MVNOs (Mobile Virtual Network Operators), facilitating their service launch and operations. This scalable and flexible platform appeals to enterprises, brands, and communities seeking efficient MVNO establishment. For instance, in November 2022, Plintron - a Singapore-based cloud communication services provider - implemented an internal IP multimedia subsystem platform adhering to IETF and 3GPP standards, successfully deploying VoLTE in Italy through the public cloud. The upgraded Plintron MVNE platform accommodates diverse IMS network elements and existing infrastructures, advancing VoLTE deployment in Italy and similar endeavors.

In February 2024, Patton, a US-based manufacturer specializing in networking and communications technology, acquired Artel Video Systems for an undisclosed amount. This acquisition aims to bolster Patton's product portfolio, especially in video transport and IP-based technologies, which are essential for the telecom, broadcast, and professional AV industries. The deal is anticipated to improve Patton's capabilities in real-time communications and expand its customer base. Artel Video Systems is a US-based provider of multimedia delivery systems utilizing IP and fiber technologies.

Major companies operating in the IP multimedia subsystem market are Huawei Technologies Co. Ltd., Cisco System Inc., Telefonaktiebolaget LM Ericsson, NEC Corporation, Nokia Corporation, Samsung Electronics Co. Ltd., ZTE Corporation, CommVerge Solutions Limited, International Business Machines Corporation, Ribbon Communications Inc., Oracle Corporation, Alcatel-Lucent S.A., BroadSoft Inc., Dialogic Corporation, Genband Inc., Italtel SpA, Mavenir Systems Inc., Metaswitch Networks Ltd., Radisys Corporation, Sonus Networks Inc., Technicolor SA, Telefónica SA, Telenity Inc., Tekelec Inc., Acme Packet Inc., Amdocs Inc., Avaya Inc., Comverse Inc., Juniper Networks Inc.

North America was the largest region in the IP multimedia subsystem market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ip multimedia subsystem market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ip multimedia subsystem market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The IP multimedia subsystem (IMS) constitutes a framework designed for dispensing multimedia communication services across IP networks. At its core, the All-IP network serves as the underlying infrastructure for this subsystem, facilitating the mapping and execution of diverse communication services during their transfer and switching phases.

The components of the IP multimedia subsystem encompass both products and services. In this context, products denote the diverse array of IP-based solutions geared toward enhancing communication and multimedia services within organizational setups. Within this landscape, operators, including mobile and fixed operators, are instrumental in delivering these solutions to end users - comprising both consumers and enterprises. These services find application across various domains, including internet and web services, VoIP, SMS, video conferencing, video on demand, among others.

The IP multimedia subsystem market research report is one of a series of new reports that provides IP multimedia subsystem market statistics, including IP multimedia subsystem industry global market size, regional shares, competitors with an IP multimedia subsystem market share, detailed IP multimedia subsystem market segments, market trends and opportunities, and any further data you may need to thrive in the IP multimedia subsystem industry. This IP multimedia subsystem market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The IP multimedia subsystem market consists of revenues earned by entities by providing call replication, distributed memory management, and routing services. The market value includes the value of related goods sold by the service provider or included within the service offering. The IP multimedia subsystem market also includes sales of clustering call control managers and session border controllers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.