International Wholesale Voice Carrier Market Analysis

Technology (Traditional switching, VoIP)

In terms of technology, the traditional switching segment is set to capture international wholesale voice carrier market share of around 70.2% by the end of 2037. As legacy voice transmission solutions remain dominant despite the shift towards VoIP, the demand for traditional switching keeps heightening. The increment in voice termination services for international calls made for businesses is keeping the need for this segment steady. Regions with less-developed networking systems still rely on these technologies for high-volume traffic. However, the recent transformations have influenced consumers to adopt the latest technologies such as VoIP due to their affordability. Thus, companies are now focusing on making traditional switching more efficient and consistent for premium traffic routes.

Service (Voice Termination, Interconnect Billing, Fraud Management)

Based on service, the fraud management segment is expected to garner significant opportunities in the international wholesale voice carrier market. The increasing incidences of breaches while the purchase and sale of high-volume voice traffic across borders have pushed companies to incorporate security measures. Features such as real-time monitoring, analytics, traffic profiling, and authentication are driving growth in this segment. Companies are now teaming up with other leaders to leverage their services. For instance, in April 2024, GLF partnered with i3Forum to upgrade the Code of Conduct for detecting and preventing fraud in the international voice market. The partnership aims to introduce a new principle for reducing IRSF incentives to fight these issues in the wholesale industry.

Our in-depth analysis of the global market includes the following segments: