| Product Code: ETC13248656 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Voice Over New Radio Market was valued at USD 0.19 Billion in 2024 and is expected to reach USD 0.34 Billion by 2031, growing at a compound annual growth rate of 11.08% during the forecast period (2025-2031).
The Global Voice Over New Radio (VoNR) market is experiencing rapid growth driven by the increasing adoption of 5G technology worldwide. VoNR enables high-quality voice calls over 5G networks, offering improved voice clarity, lower latency, and better overall user experience. The market is witnessing significant demand from industries such as telecommunications, healthcare, and automotive, where reliable and efficient voice communication is crucial. Key market players are investing in research and development to enhance VoNR technology, leading to innovations such as advanced noise cancellation and voice recognition features. The Asia-Pacific region is expected to dominate the VoNR market due to widespread 5G deployment and increasing smartphone penetration. Overall, the Global VoNR market is poised for substantial growth in the coming years as 5G networks continue to expand and evolve.
The Global Voice Over New Radio (VoNR) market is experiencing significant growth driven by the increasing adoption of 5G technology worldwide. VoNR enables high-quality voice calls over 5G networks, providing better voice clarity and reliability compared to traditional voice calls. This technology offers opportunities for telecom operators to offer enhanced voice services and improve overall customer experience. The market is also seeing a rise in demand for VoNR in various industries such as healthcare, education, and entertainment, where real-time communication is crucial. Additionally, the integration of VoNR with Internet of Things (IoT) devices is opening up new possibilities for connected devices to communicate seamlessly. Overall, the VoNR market presents lucrative opportunities for companies looking to capitalize on the growing demand for advanced voice services in the 5G era.
The Global Voice Over New Radio (VoNR) Market faces several challenges, including the need for widespread infrastructure upgrades to support VoNR technology, interoperability issues between different network technologies, and regulatory hurdles related to spectrum allocation and licensing. Additionally, ensuring seamless integration of VoNR with existing communication systems, such as 4G networks, poses a challenge for service providers. Furthermore, the market is also impacted by the complexities of offering high-quality voice services over next-generation networks while maintaining network security and reliability. Addressing these challenges requires collaboration between stakeholders, investment in research and development, and clear regulatory frameworks to support the deployment and adoption of VoNR technology on a global scale.
The Global Voice Over New Radio (VoNR) market is primarily driven by the increasing adoption of 5G networks worldwide, which enable enhanced voice services and improved network performance. The transition to 5G technology offers higher data speeds, lower latency, and greater network capacity, making it ideal for VoNR services. Additionally, the growing demand for high-quality voice calls, multimedia communication, and seamless connectivity is fueling the market growth. Furthermore, the proliferation of Internet of Things (IoT) devices, smart technologies, and the need for reliable communication solutions in various industries such as healthcare, automotive, and manufacturing are also contributing to the expansion of the VoNR market. Overall, the evolution towards 5G networks and the demand for advanced communication capabilities are the key drivers propelling the growth of the Global Voice Over New Radio market.
Government policies related to the Global Voice Over New Radio (VoNR) market focus on ensuring spectrum availability, interoperability, and security for VoNR services. Regulators are working to allocate sufficient spectrum for VoNR deployments, promote standards that enable seamless connectivity across different networks, and implement cybersecurity measures to protect VoNR users` data and communications. Additionally, some governments are incentivizing investment in VoNR infrastructure through subsidies and tax breaks to accelerate the deployment of next-generation voice services. Overall, government policies seek to foster a competitive and innovative VoNR market while safeguarding consumer interests and promoting a sustainable digital ecosystem.
The Global Voice Over New Radio (VoNR) market is expected to witness significant growth in the coming years due to the increasing adoption of 5G technology worldwide. VoNR enables high-quality voice communication over 5G networks, offering improved clarity, reliability, and low latency. With the ongoing rollout of 5G infrastructure and the gradual phasing out of older network technologies, the demand for VoNR services is projected to rise. Additionally, the proliferation of Internet of Things (IoT) devices and the expansion of smart city initiatives will further drive the demand for VoNR-enabled services. As more telecom operators invest in 5G networks and deploy VoNR capabilities, the market is poised for expansion, presenting opportunities for telecom equipment providers, service providers, and other stakeholders in the ecosystem.
In the Global Voice Over New Radio (VoNR) market, Asia is expected to dominate due to the rapid deployment of 5G networks and the large population base. North America is also a key region, driven by early adoption of 5G technology and strong investments in network infrastructure. Europe is witnessing significant growth in VoNR adoption, particularly in developed markets. The Middle East and Africa region is seeing increasing interest in VoNR as operators look to enhance network capabilities. In Latin America, the VoNR market is poised for growth with the expansion of 5G networks and increasing demand for high-quality voice services. Overall, all regions are experiencing varying levels of growth and adoption in the VoNR market, driven by the evolution of 5G technology and increasing demand for advanced communication services.
Global Voice Over New Radio Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Voice Over New Radio Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Voice Over New Radio Market Revenues & Volume, 2021 & 2031F |
3.3 Global Voice Over New Radio Market - Industry Life Cycle |
3.4 Global Voice Over New Radio Market - Porter's Five Forces |
3.5 Global Voice Over New Radio Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Voice Over New Radio Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Global Voice Over New Radio Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.8 Global Voice Over New Radio Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Voice Over New Radio Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Voice Over New Radio Market Trends |
6 Global Voice Over New Radio Market, 2021 - 2031 |
6.1 Global Voice Over New Radio Market, Revenues & Volume, By Component, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Voice Over New Radio Market, Revenues & Volume, By Hardware, 2021 - 2031 |
6.1.3 Global Voice Over New Radio Market, Revenues & Volume, By 5G RAN, 2021 - 2031 |
6.1.4 Global Voice Over New Radio Market, Revenues & Volume, By 5G Core, 2021 - 2031 |
6.1.5 Global Voice Over New Radio Market, Revenues & Volume, By Others, 2021 - 2031 |
6.1.6 Global Voice Over New Radio Market, Revenues & Volume, By Solution, 2021 - 2031 |
6.1.7 Global Voice Over New Radio Market, Revenues & Volume, By Services, 2021 - 2031 |
6.2 Global Voice Over New Radio Market, Revenues & Volume, By Deployment, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Voice Over New Radio Market, Revenues & Volume, By Private Cloud, 2021 - 2031 |
6.2.3 Global Voice Over New Radio Market, Revenues & Volume, By Public Cloud, 2021 - 2031 |
6.2.4 Global Voice Over New Radio Market, Revenues & Volume, By Hybrid Cloud, 2021 - 2031 |
6.3 Global Voice Over New Radio Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Voice Over New Radio Market, Revenues & Volume, By Smart Phones, 2021 - 2031 |
6.3.3 Global Voice Over New Radio Market, Revenues & Volume, By Outdoor CPE, 2021 - 2031 |
6.3.4 Global Voice Over New Radio Market, Revenues & Volume, By Indoor CPE, 2021 - 2031 |
7 North America Voice Over New Radio Market, Overview & Analysis |
7.1 North America Voice Over New Radio Market Revenues & Volume, 2021 - 2031 |
7.2 North America Voice Over New Radio Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Voice Over New Radio Market, Revenues & Volume, By Component, 2021 - 2031 |
7.4 North America Voice Over New Radio Market, Revenues & Volume, By Deployment, 2021 - 2031 |
7.5 North America Voice Over New Radio Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Voice Over New Radio Market, Overview & Analysis |
8.1 Latin America (LATAM) Voice Over New Radio Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Voice Over New Radio Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Voice Over New Radio Market, Revenues & Volume, By Component, 2021 - 2031 |
8.4 Latin America (LATAM) Voice Over New Radio Market, Revenues & Volume, By Deployment, 2021 - 2031 |
8.5 Latin America (LATAM) Voice Over New Radio Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Voice Over New Radio Market, Overview & Analysis |
9.1 Asia Voice Over New Radio Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Voice Over New Radio Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Voice Over New Radio Market, Revenues & Volume, By Component, 2021 - 2031 |
9.4 Asia Voice Over New Radio Market, Revenues & Volume, By Deployment, 2021 - 2031 |
9.5 Asia Voice Over New Radio Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Voice Over New Radio Market, Overview & Analysis |
10.1 Africa Voice Over New Radio Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Voice Over New Radio Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Voice Over New Radio Market, Revenues & Volume, By Component, 2021 - 2031 |
10.4 Africa Voice Over New Radio Market, Revenues & Volume, By Deployment, 2021 - 2031 |
10.5 Africa Voice Over New Radio Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Voice Over New Radio Market, Overview & Analysis |
11.1 Europe Voice Over New Radio Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Voice Over New Radio Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Voice Over New Radio Market, Revenues & Volume, By Component, 2021 - 2031 |
11.4 Europe Voice Over New Radio Market, Revenues & Volume, By Deployment, 2021 - 2031 |
11.5 Europe Voice Over New Radio Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Voice Over New Radio Market, Overview & Analysis |
12.1 Middle East Voice Over New Radio Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Voice Over New Radio Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Voice Over New Radio Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Voice Over New Radio Market, Revenues & Volume, By Component, 2021 - 2031 |
12.4 Middle East Voice Over New Radio Market, Revenues & Volume, By Deployment, 2021 - 2031 |
12.5 Middle East Voice Over New Radio Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Voice Over New Radio Market Key Performance Indicators |
14 Global Voice Over New Radio Market - Export/Import By Countries Assessment |
15 Global Voice Over New Radio Market - Opportunity Assessment |
15.1 Global Voice Over New Radio Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Voice Over New Radio Market Opportunity Assessment, By Component, 2021 & 2031F |
15.3 Global Voice Over New Radio Market Opportunity Assessment, By Deployment, 2021 & 2031F |
15.4 Global Voice Over New Radio Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Voice Over New Radio Market - Competitive Landscape |
16.1 Global Voice Over New Radio Market Revenue Share, By Companies, 2024 |
16.2 Global Voice Over New Radio Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |