IP Multimedia Subsystem Market Size, Share, Trend, Forecast, & Industry Analysis: 2022-2026
The IP Multimedia Subsystem market is projected to grow from USD 2,203.8 Million in 2020 to USD 4,593.1 Million by 2026 at a CAGR of over 13.2% during the forecast period. The IP multimedia subsystem (IMS) is a network of integrated telecommunications carriers that is used for packet communications in all known formats over wireless or landline networks. Traditional telephony, fax, e-mail, Internet access, Web services, Voice over IP (VoIP), instant messaging (IM), video conference sessions, and video on demand are examples of such communications.