Wholesale telephone operator market size and share
Pune, India, June 28, 2021 (GLOBE NEWSWIRE) – The global wholesale voice carrier market size is expected to experience lucrative growth during the forecast period owing to the trend commercialization of 5G technology coupled with massive demand. voice over Internet Protocol (VoIP).
Due to the increasing adoption of smartphones, VoIP traffic is increasing. The use of mobile internet and data intensive voice calling applications is responsible for the increase in VoIP needs. As investments pour into the global telecommunications industry, the expansion of telecommunications infrastructure and networks is likely to foster opportunities for market expansion.
The following seven trends are accelerating the forecast for the wholesale telephone operator market:
- Demand for leased network in North America
The deployment of leased network infrastructure is growing across North America. In the highly competitive telecommunications industry, Tier 2 and Tier 3 providers largely lease network capacity from Tier 1 operators. They have done so to achieve minimum cost of ownership and maximize service. profitability.
The North America wholesale voice carriers market share of the leased network segment is expected to grow at a CAGR of 10% through 2026. The growth can be attributed to the growing need for leased network in VoIP call termination in the region. Leading telecommunications operators lease part of their network to set up voice termination facilities in emerging markets.
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- Transmission switching technology in North America
The transmission switching segment accounted for more than 50% of the total North American market during 2020 and should expand further. The heavy reliance on traditional voice calls in less developed parts of North America is driving demand for the technology.
Rural areas face the challenge of limited availability of wireless networks. Since a large percentage of the rural population is dependent on traditional voice calls, the use of transmission switching is likely to expand until 2026. Several wholesale voice service providers offer cost and time of day. minimal installation, optimal switch life and unit configurations.
- Strategic partnerships of Canadian telecommunications companies
The size of the Canadian wholesale telephone operator market is growing at a rapid rate, thanks to the increasing commercialization of 5G in the region. Canadian telecom operators are making the most of partnership opportunities to provide 5G services. They focus on diversifying their offerings through their strategic moves.
For example, Telus Corporation announced plans to partner with Huawei to launch a 5G network in Canada in February 2020. In accordance with government regulatory standards, the partnership has been successful in launching new efficient solutions and devices. With high-speed Internet access, businesses can take advantage of IP telephony services.
- Increase in telecom fraud in Asia
The alarming increase in the frequency of fraud in the regional telecommunications sector influences APAC Voice Operator Wholesale Market. The need for fraud management solutions is increasing due to this trend. According to 2019 data released by Trend Micro, a Japan-based cybersecurity firm, the annual cost of telecom subscription fraud was estimated at $ 12 billion, or between 3% and 10% of regional operators’ gross revenues.
The fraud management segment is expected to grow at a CAGR of 12% through 2026, helped by the growing focus on fraud prevention. In order to ensure loss reduction, the importance of these solutions is growing in popularity.
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- Adoption of interconnection billing solutions in Asia-Pacific
Interconnection billing solutions are gaining ground across the Asia-Pacific region. The main reason these solutions are becoming mainstream is that telecom operators find converged billing systems useful in accelerating digital transformation. The APAC industry share of the interconnection billing segment is expected to increase at a CAGR of 10% throughout the evaluation schedule. By 2026, the APAC wholesale voice carrier market size is expected to exceed $ 7 billion.
- Increase in subscriptions to VoIP services in Europe
The number of VoIP subscriptions is increasing in European countries. Preference for VoIP calls is increasing among regional subscribers due to the tendency to avoid the higher costs associated with traditional voice calls.
The industry share of VoIP segment in the region will register about 13% CAGR over the next five years. VoIP-enabled wholesale voice carrier services provide enhanced technologies to carriers, simultaneously eliminating unnecessary roaming charges.
Access sample pages of the report, “Europe Wholesale Telephone Operator Market Forecast 2026»In detail with the table of contents (ToC) @
- Gradual shift to voice termination in Europe
The wholesale voice operator market size in Europe is expected to reach $ 11 billion by 2026, thanks to the presence of a strong commercial network infrastructure in the region. Since voice termination involves substantial routing costs and the termination of international calls over multiple networks, wholesale voice service providers can benefit from the significant opportunities offered by this solution.
The region is witnessing an evolution of conventional voice and data services towards more cost effective and efficient solutions provided by regional wholesale voice termination service providers. European market share of the voice termination segment is expected to represent over 70% of the entire industry by 2026.
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