NATICK, Mass.-Venture Development Corp., a technology market research consulting firm, estimates worldwide markets for Internet Protocol Multimedia Subsystems infrastructure equipment will exceed $2.6 billion by 2008, which would be a growth rate of 67 percent from 2005 to 2008.
VDC said the IMS market is dominated by application servers, but IMS softswitches and home subscriber servers will play bigger roles as IMS networks mature. Media resource function products exhibit potential, but are dependent on advanced IMS applications.
“The market for IMS products is very real and emerging rapidly,” said Chad Hart, director of the telecom/datacom practice at VDC. “This emergence will continue because IMS is the universally accepted network standard-a standard that will likely be mandated by nearly every carrier deploying new infrastructure before the end of the decade. While this is an ideal situation for IMS vendors, this will be a difficult market to capture for the next few years. IMS products have a long way to go, and it will take time before carriers accept the IMS business case.”
