DUBLIN, Jan. 29, 2021 /PRNewswire/ -- The "Wholesale Voice Carrier Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Service (Voice Termination, Interconnect Billing, and Fraud Management), Transmission Network (Owned Network and Leased Network), and Technology (VoIP and Traditional Switching)" report has been added to ResearchAndMarkets.com's offering.
According to this report the global wholesale voice carrier market was valued at US$ 23.17 billion in 2019 and is projected to reach US$ 53.74 billion by 2027; it is expected to grow at a CAGR of 11.2% from 2020 to 2027.The report highlights the key factors driving the market growth and prominent players with their developments in the market.
The wholesale voice carrier market in APAC has been analyzed based on historical, current, and future trends in the countries across the region. The Asian landscape for wholesale voice carrier appears to be encouraging. In the region, efforts taken by private companies and government agencies for the growth of the wireless communications infrastructure are surging the demand for VoIP services due to their cost efficiency. VoIP is continuously supporting voice & video communications over the internet; thus, companies are broadly using such solutions for high business performance. There is an immense growth in the global mobile market; hence, the region would witness the launch of more mobile virtual network operators offering voice and data offerings.
The telecommunication companies are identifying the potential of wholesale voice carrier swiftly and thus, are involved in making profitable & strategic partnerships. Besides, growing competition from major players, such as Facebook and WhatsApp, are pressurizing telcos to adopt wholesale voice carrier service. The companies operating in the market adopt various marketing strategies, such as new product developments, partnerships, and acquisitions, to optimize their existing offerings and expand their portfolio to target a more significant number of customers. For instance, in May 2018, Bharti Airtel, an Indian multinational telecommunications services company, introduced its carrier digital platform that allowed the global carriers to do wholesale voice business with the company. The platform includes swift voice interconnects, paperless sign-up, and real-time traffic analytics for carriers across the globe. Thus, all the above factors are leading towards the growth of the market in APAC.
Surge in Demand from Emerging Countries to Provide Numerous Business Opportunities for Market Players
Technology plays a vital role in the economic growth of nations owing to which emerging countries, such China and India, are shifting toward digitalization. North America and Europe strongly adopt digital services, advanced network, and supporting infrastructure. Asia Pacific, Middle East & Africa, and South America are growing at a faster rate owing to the development in telecommunication networks and adoption of smartphones. According to the Cisco annual internet report, there would be ~3.1 billion Internet users by 2023 in Asia Pacific. Further, according to Ericsson, there were nearly 4 billion mobile connections in Asia Pacific in 2016 and they are expected to reach 4.6 billion by 2021. Such stats regarding the adoption of smartphones, as well as internet penetration, are acting as major supporting factors for the market growth.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global wholesale voice carrier market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the global wholesale voice carrier market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Wholesale Voice Carrier Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Wholesale Voice Carrier Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Penetration of VoIP Call Services
5.1.2 Increasing Focus Towards the Low-price Solution Offering
5.1.3 Growing Adoption of Smartphones and VoIP Devices
5.2 Market Restraints
5.2.1 Increasing Cases of Fraudulent Voice Traffic
5.2.2 Advent of Data Communication Over Voice
5.3 Market Opportunities
5.3.1 Rising Development in Network Services
5.3.2 Growing Demand in Emerging Markets
5.4 Future Trends
5.4.1 Restructuring of the Service Models
5.5 Impact Analysis of Drivers and Restraints
6. Wholesale Voice Carrier - Global Market Analysis
6.1 Wholesale Voice Carrier Market Overview
6.2 Wholesale Voice Carrier Market - Revenue, and Forecast to 2027 (US$ Billion)
6.3 Market Positioning - Global Market Players Ranking
7. Wholesale Voice Carrier Market Analysis - By Service
7.1 Overview
7.2 Wholesale Voice Carrier Market, By Service (2019 and 2027)
7.3 Voice Termination
7.3.1 Overview
7.3.2 Voice Termination: Wholesale Voice Carrier Market - Revenue, and Forecast to 2027 (US$ Million)
7.4 Interconnect Billing
7.4.1 Overview
7.4.2 Interconnect Billing: Wholesale Voice Carrier Market - Revenue, and Forecast to 2027 (US$ Million)
7.5 Fraud Management
7.5.1 Overview
7.5.2 Fraud Management: Wholesale Voice Carrier Market - Revenue, and Forecast to 2027 (US$ Million)
8. Wholesale Voice Carrier Market Analysis - By Transmission Network
8.1 Overview
8.2 Wholesale Voice Carrier Market, By Transmission Network (2019 and 2027)
8.3 Owned Network
8.3.1 Overview
8.3.2 Owned Network: Wholesale Voice Carrier Market - Revenue, and Forecast to 2027 (US$ Million)
8.4 Leased Network
8.4.1 Overview
8.4.2 Leased Network: Wholesale Voice Carrier Market - Revenue, and Forecast to 2027 (US$ Million)
9. Wholesale Voice Carrier Market Analysis - By Technology
9.1 Overview
9.2 Wholesale Voice Carrier Market, By Technology (2019 and 2027)
9.3 VoIP
9.3.1 Overview
9.3.2 VoIP: Wholesale Voice Carrier Market - Revenue, and Forecast to 2027 (US$ Million)
9.4 Traditional Switching
9.4.1 Overview
9.4.2 Traditional Switching: Wholesale Voice Carrier Market - Revenue, and Forecast to 2027 (US$ Million)
10. Wholesale Voice Carrier Market - Geographic Analysis
10.1 Overview
10.2 North America: Wholesale Voice Carrier Market
10.3 Europe: Wholesale Voice Carrier Market
10.4 APAC: Wholesale Voice Carrier Market
10.5 MEA: Wholesale Voice Carrier Market
10.6 SAM: Wholesale Voice Carrier Market
11. Impact of COVID-19 Pandemic on Global Wholesale Voice Carrier Market
11.1 Overview
11.1.1 North America: Impact Assessment of COVID-19 Pandemic
11.1.2 Europe: Impact Assessment of COVID-19 Pandemic
11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.1.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.1.5 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 AT&T Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 BICS SA/NA
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 BT Group
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 DEUTSCHE TELEKOM AG
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 IDT Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Tata Communication
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 TELEFONICA S.A.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Lumen Technologies
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 VERIZON COMMUNICATIONS, INC.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 ORANGE S.A.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/bm9w2l
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