The increased commercialization of both the VoLTE and VoHSPA standards across the globe will accelerate the growth of VoMBB and help VoMBB subscriptions to grow at a CAGR of nearly 150 percent from 2013 to 2016, accounting for 450 Million VoMBB subscriptions by the end of 2016.
Voice over Mobile Broadband (VoMBB) subscriptions is estimated to reach nearly 10 million by the end of 2013, due to the early efforts of North American and South Korean CDMA carriers, according to MarketResearch.com.
VoMBB refers to the end to end routing of standard mobile phone calls over a mobile broadband networks such as LTE and HSPA.
The report anticipates that by 2016, almost 5 percent of all worldwide mobile carrier voice subscriptions will be based on VoMBB, which will generate nearly $100 Billion in voice service revenues.
VoMBB will help service providers to reap benefits in the form of improved spectral efficiency, cost reduction per subscriber, high quality audio, user terminal power savings and the ability to offload voice capacity to other technologies such as WiFi.