International Wholesale Voice Carrier Market Share

APAC Market Statistics

Asia Pacific international wholesale voice carrier market is poised to capture revenue share of around 32.8% by the end of 2037. The growth in this region is driven by the growing demand for global connectivity due to growing economies. Developing countries such as Japan, South Korea, China, and India are witnessing immense developments in their telecom industry. This is further inspiring foreign companies to invest in introducing new technologies for international communication. For instance, in August 2019, LG Uplus collaborated with Syniverse to establish a 5G roaming network between Korea and Finland. According to the agreement, the mobile operators of LG Uplus in Korea can access Elisa’s 5G services while traveling in Finland.

India is predicted to encounter significant growth in the market due to its large population and critical geographical positioning. The leading companies of this country including Tata Communications are taking this advantage to elevate their reach in this industry. They are also introducing new technologies to solidify their position in the global landscape. For instance, in February 2024, Tata Communications collaborated with Microsoft to enhance voice calling on Microsoft Teams, improving the user experience of global enterprises. The team will further allow users to make or receive seamless international PSTN voice calls on teams by enabling the GlobalRapide platform.

China is strengthening its operator network to escalate its progress in the market. Being an economic powerhouse, it has become a source of voice traffic and a transit hub for international calls. The country is world’s one of the largest outbound voice sources to regions such as North America, Southeast Asia, and Europe. The country’s technological development and massive mobile usage have also propelled international voice traffic. This is further creating a large consumer base for the global leaders of this industry. The country gradually explored the wholesale sector to offer more cost-effective options for domestic and foreign users.

North America Market Analysis

The North America landscape in the international wholesale voice carrier market is growing due to technological advancements in this region. The industry enabled seamless international communication by creating a reliable framework for pricing and routing. The advanced telecom infrastructure of this region has inspired service providers to avail high-quality carrier networks for cost-effective voice traffic transmissions. Many tech companies are now contributing to the evolving the industry through integrating advanced technology. For instance, in January 2024, Microsoft acquired AT&T to introduce Azure for Operators to digitalize the networking system. The company further aims to build elastic carrier-grade networks through AI and ML.

The U.S. is emerging to be one of the fastest-growing countries in the market by utilizing its advanced telecom infrastructure. Companies are now leveraging their voice traffic services by integrating industry expertise and assets. For instance, in November 2024, iQSTEL forged close ties with SwissLink Carrier AG to consolidate its international telecommunication portfolio. The strategic investment is expected to increase operational efficiencies, saving around USD 2 million each year according to its plan of becoming a global telecom powerhouse.

Canada is also paving its path of remarkable growth in the market due to the increasing demand for global voice traffic. The country is fostering opportunities for domestic companies to expand their network overseas. For instance, in February 2023, Iristel introduced its international telecommunication services in Kenya. The company aims to capture a large consumer base of over 50 million potential users by offering unified communication systems such as Webex and Microsoft Teams Calling.