Wholesale Voice Carrier Industry 2020 Global Market Growth, Trends, Share and Demands Research Report
The Wholesale Voice Carrier Market is projected to foresee immense growth in the near future owing to the surging need for large capacity services throughout companies operating in the communication sector. Additionally, technological advancements and portfolio expansions by major market players should further complement the overall market size.
Taking
February 2020 for instance, My Country Mobile General Trading, a Dubai based
leading Wholesale VoIP Termination Provider reportedly announced its plan to
offer new and innovative technologies to the telecom industry of India. The
telecommunications service provider has unveiled virtual phone numbers (DIDs),
SMS API, Bulk SMS, International Top-up (B2B) and (B2C), and Callmama (B2C), a
VOIP Calling app. The company would be aggressively marketing these products in
the coming years to increase its market share.
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According to a research report by Global Market
Insights Inc. the global wholesale voice carrier market is likely to surpass a
valuation of $45 billion by the end of 2026. The market is also projected to
exceed voice traffic of 1 trillion minutes by the end of the analysis period.
With
respect to service, the interconnect billing segment is projected to expand at
a healthy CAGR of more than 10% through the forecast timeframe. This projected
growth is ascribed to the increasing need for interconnect billing services in
well-established companies, including telecom firms. Companies use interconnect
billing services to integrate the invoicing and pricing processes with regards
to call detail records. The use of these services also allows organizations to
bill, track, and accumulate both international and national carriers to deliver
effective auditing capabilities. Such benefits provided by the interconnect
billing services should majorly augment their demand over the coming
years.
In terms
of the transmission network, in 2019, owned network transmission held a
majority share of the overall market and are also projected to foresee similar
expansion through 2026. Most of the firms use their personal enterprise
infrastructure for voice-based communication services. Moreover, wholesale voice
service providers offer their comprehensive service offerings on their existing
infrastructure. This further allows companies to communicate with their
geographically dispersed counterparts utilizing the communication services that
have been transferred through their own communication infrastructure. These
services also offer firms with an innovative platform to monitor the overall
invoicing and service consumption processes.
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On the
geographical front, the North America wholesale voice carrier market share is
likely to register momentous gains owing to the strong presence of market
players such as AT&T, Alepo, and Verint in the region. In fact, the region
is slated to account for approximately 20% of the overall market share by the
end of the forecast timeframe. Extensive adoption of VoIP services across the
U.S. is projected to foster the wholesale voice carrier industry expansion further.
In fact, according to 2019 California Public Utilities Commission data, in
December of 2017, California had more than 8.2 million VoIP wired connections
in comparison to the 5.8 million conventional telephone subscribers.
Meanwhile,
market players in the wholesale voice carrier industry are implementing
numerous strategies such as collaborations and acquisitions to boost revenues.
Taking November 2019 for instance, Vodafone, Telefónica Deutschland, and
Deutsche Telekom announced their plan to team up to expand their mobile
communications networks to deliver the best possible mobile broadband coverage
for consumers across Germany.
The
competitive landscape of the wholesale voice carrier market is inclusive of
players such as Orange SA, NTT Corporation, IDT Corporation, Globitel, Etisalat
(Emirates Telecommunication Group Company PJSC), Deutsche Telekom AG, Comarch
SA, CITIC Telecom International Holdings Limited, China Telecommunications
Corporation, CenturyLink, Inc., BT Group Plc, BICS SA, Bharti Airtel Ltd., BCE,
Inc., AT&T, Inc., and Alepo among others.
Browse key industry insights spread across 227 pages with 231 market
data tables and 31 figures & charts from the report, Wholesale Voice
Carrier Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/wholesale-voice-carrier-market
Report Content
Chapter 3. Wholesale Voice
Carrier Industry Insights
3.1. Introduction
3.2. Industry segmentation
3.3. Impact of COVID-19 outbreak
3.3.1. Global outlook
3.3.2. Regional outlook
3.3.2.1. North America
3.3.2.2. Europe
3.3.2.3. Asia Pacific
3.3.2.4. Latin America
3.3.2.5. Middle East
& Africa
3.3.3. Industry value chain
3.3.3.1. Wholesale
voice carrier providers
3.3.3.2. Marketing
& distribution channel
3.3.4. Competitive landscape
3.3.4.1. Strategy
3.3.4.2. Distribution
network
3.3.4.3. Business
growth
3.4. Industry ecosystem analysis
3.5. Technological &
innovation landscape
3.5.1. Direct Inward Dialing (DID)
numbers
3.5.2. Commercialization of 5G
technologies
3.6. Regulatory landscape
3.6.1. Global
3.6.1.1. International
Telecommunication Union
3.6.1.2. 3GPP
3.6.2. North America
3.6.2.1. Federal
Communications Commission (U.S.)
3.6.2.2. The National
Institute of Standards and Technology (U.S)
3.6.3. Europe
3.6.3.1. European
Telecommunications Standards Institute (ETSI) Radio Equipment Directive (2014/53/EU)
3.6.3.2. General Data
Protection Regulation (GDPR, EU)
3.6.4. Asia Pacific
3.6.4.1.
Radiocommunications Act 1992 (Australia)
3.6.4.2. Telecom
Regulatory Authority of India (TRAI)
3.6.5. Latin America
3.6.5.1. Public Telecommunications
Policy (Decree 4733/2003, Brazil)
3.6.5.2. Brazilian
Telecommunications Model (LGT)
3.6.6. MEA
3.6.6.1. Independent
Communications Authority of South Africa (ICASA) under ECA
3.6.6.2.
Telecommunications Regulatory Authority (TRA, UAE)
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Rising trends
of VoIP based call services
3.7.1.2. Decreasing
inter-carrier mobile termination rates
3.7.1.3. Increasing
penetration of LTE networks
3.7.1.4. Surging
proliferation of smartphones and VoIP devices
3.7.1.5. Bundling of
value-added services with voice termination
3.7.2. Industry pitfalls &
challenges
3.7.2.1. Increasing
cases of fraudulent voice traffic
3.7.2.2. Growing shift
of consumers from voice to data
3.8. Growth potential analysis
3.9. Porter’s analysis
3.9.1. Threat of new entrants
3.9.2. Threat of substitutes
3.9.3. Bargaining power of buyer
3.9.4. Bargaining power of supplier
3.9.5. Industry rivalry
3.10.
PESTEL analysis
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