IP Multimedia Subsystem (IMS) Services Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The IP multimedia subsystem (IMS) services market size has grown rapidly in recent years. It will grow from $3.42 billion in 2024 to $4 billion in 2025 at a compound annual growth rate (CAGR) of 17%. The growth in the historic period can be attributed to increasing demand for converged services, the proliferation of smartphones and mobile data usage, the deployment of long-term evolution (LTE) networks, the rise of OTT services, and the increasing demand for high-quality multimedia experiences.

The IP multimedia subsystem (IMS) services market size is expected to see rapid growth in the next few years. It will grow to $7.41 billion in 2029 at a compound annual growth rate (CAGR) of 16.7%. The growth in the forecast period can be attributed to increasing adoption of 5G networks, rising demand for VoLTE, proliferation of Internet of Things (IoT) devices, shift towards cloud-based services, and demand for rich communication services (RCS). Major trends in the forecast period include the adoption of artificial intelligence (AI) and machine learning (ML) technologies, integration of IMS services with multi-access edge computing (MEC), AI-driven automation, and integration of IMS services with edge computing platforms.

The surge in remote work culture is anticipated to drive the expansion of the IP multimedia subsystem (IMS) services market in the foreseeable future. Remote work culture denotes the digital ecosystem within organizations that fosters connectivity among employees by facilitating shared experiences, interests, and priorities. This trend is gaining momentum due to evolving employee preferences, cost efficiencies for employers, and the growing demand for enhanced flexibility in work arrangements. IP Multimedia Subsystem (IMS) services play a pivotal role in enabling seamless communication and collaboration within remote work environments, offering integrated voice, video, and data functionalities over IP networks. For instance, as of September 2023, based on data from the U.S. Bureau of Labor Statistics, approximately 19.5% of workers were engaged in telework or paid work from home in August 2023. This figure remains consistent with a range of 17.9% to 20% observed between October 2022 and August 2023, underscoring the increasing prevalence of remote work culture and its influence on the IP multimedia subsystem (IMS) services market.

Prominent players in the IP multimedia subsystem (IMS) services sector are directing their efforts towards the development of advanced solutions to gain a competitive advantage. One notable example is the focus on MAPS Session Initiation Protocol (SIP)-based IP Multimedia Subsystems (IMS), aimed at delivering multimedia services over IP networks with SIP serving as the primary signaling protocol for initiating and managing communication sessions. For instance, in March 2022, GL Communications Inc., a US-based telecommunications consulting company, unveiled the MAPS Session Initiation Protocol (SIP) IMS Test Suite. This framework, within the MAPS emulation software, offers comprehensive support for multiple protocols and interfaces, including voice, tones, digits, fax, data, and video, providing users with a unified environment for evaluating applications, devices, and services before network deployment.

In March 2023, Ericsson, a Sweden-based telecommunications technology company, partnered with AXIAN Telecom to modernize AXIAN Telecom’s operations in Madagascar. The collaboration focuses on upgrading Telma Madagascar’s radio access network (RAN), microwave transport infrastructure, and core networks. Ericsson will provide a cost-effective and flexible solution for the mobile transport network using its MINI-LINK 6600 microwave family. The modernization also includes expanding and upgrading existing IP Multimedia Subsystem (IMS), virtual User Data Consolidation (UDC), virtual charging, and virtual mediation services. AXIAN Telecom, based in Mauritius, is a telecommunications provider dedicated to improving connectivity and digital services across Africa.

Major companies operating in the IP multimedia subsystem (IMS) services market are Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Nokia Corporation, Ericsson AB, NEC Corporation, ZTE Corporation, Mavenir Systems Inc., F5 Inc., Genesys Telecommunications Laboratories Inc., Italtel SpA, Ribbon Communications Inc., Avaya Holdings Corp, Dialogic Corporation, Aviat Networks Inc., Genband Telecommunications Private Limited, Metaswitch Networks Ltd., Allot Communications Ltd., CommVerge Solutions Limited, Interop Technologies LLC, Unify Technologies Pvt Ltd., CommuniGate Systems Inc., Bradford Networks Inc.

North America was the largest region in the IP multimedia subsystem (IMS) services 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 (IMS) services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the ip multimedia subsystem (IMS) services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The IP multimedia subsystem (IMS) services market includes revenues earned by entities by providing services such as multiparty conferencing, content delivery, location-based services, and identity management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

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).

IP multimedia subsystem (IMS) services comprise a range of telecommunications offerings delivered via IP networks utilizing a standardized framework known as the IMS architecture. These services encompass diverse multimedia communication applications such as voice, video, messaging, and data services, accessible across different devices and network environments.

The primary services provided by IP multimedia subsystem (IMS) services include instant messaging, voice over internet protocol (VoIP), voice over long term evolution (VoLTE), voice over wi-fi (VoWiFi), among others. Instant messaging facilitates the real-time exchange of text messages over the internet, enabling instantaneous communication between individuals or groups. These services find applications across various sectors including residential, enterprise, government, and public sectors, and are utilized by a range of end users such as telecom operators, enterprises, government organizations, among others.

The IP multimedia subsystem (IMS) services market research report is one of a series of new reports that provides IP multimedia subsystem (IMS) services market statistics, including IP multimedia subsystem (IMS) services industry global market size, regional shares, competitors with a IP multimedia subsystem (IMS) services market share, detailed IP multimedia subsystem (IMS) services market segments, market trends and opportunities, and any further data you may need to thrive in the IP multimedia subsystem (IMS) services industry. This IP multimedia subsystem (IMS) services 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 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.

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