Wholesale Telecom Market Size

Wholesale Telecom Market size was over USD 411 Billion in 2023 and is likely to exceed USD 1101.5 Billion by the end of 2036, growing at over 9.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of wholesale telecom is evaluated at USD 526 Billion.

The market growth is attributed to the globalization of businesses due to which there is a rise of reliable, high-capacity communication services which stimulate the market growth. According to a recent report, in 2020 there were around 7.7 billion active mobile broadband subscriptions worldwide. Moreover, with the interconnectedness of businesses, companies expand their businesses globally which led to a rise in the demand for wholesale telecom carriers. In addition, there is a rise in the demand for data services due to the expansion of digital technologies, and the Internet of Things which stimulate market growth.

Moreover, wholesale telecom carriers such as VoIP solutions, mobile network operators, and data roaming services are significant in meeting the high data demand across the various sectors.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of Wholesale Telecom was over USD 411 billion.

The market size for wholesale telecom is anticipated to cross USD 1101.5 billion by the end of 2036 expanding at a CAGR of 9.6% during the forecast period i.e., between 2024-2036.

The major players in the market are AT&T, Verizon Communications, Telefonica, Tata Communication, Deutsche Telekom AG, Singtel, Telia Company, Colt Technology Services, China Telecom, Vodafone Group, and others.

The service type segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The North American wholesale telecom sector is poised to hold a 43% share by the end of 2036.

Wholesale Telecom Market Size