Source: Frost & Sullivan press release
Despite the tough economic conditions, the global Internet protocol multimedia subsystem (IMS) test and monitoring equipment market is witnessing growth, largely owed to the compelling services IMS infrastructure is capable of enabling. An upturn in the macro economic situation could enliven the outlook for this market further. Escalating need for high bandwidth is likely to unleash more long-term evolution (LTE) deployments in the next couple of years, opening new avenues of opportunity for vendors in the IMS test and monitoring equipment space.
New analysis from Frost & Sullivan, World IMS Test and Monitoring Equipment Market, finds that the market earned revenues of over $308.9 million in 2008 and estimates this to reach $968.9 million in 2013.