By Service (Voice Termination, Interconnect Billing, Fraudulent Management)
Voice termination segment is set to account for wholesale voice carrier market share of more than 48% by the end of 2036 with upholding market size of USD 120 billion. According to our research, voice termination cuts cost by about 45% and enhances efficiency by 67%. The segment growth can be attributed to the fact that the wholesale voice carrier market has traditionally been focused on international voice termination, where carriers interconnect to exchange and terminate international voice traffic. International carriers’ wholesale voice termination services have been especially profitable because they levy termination fees on other service providers for the completion of calls via their network. In view of expanding demand for trustworthy and cheap voice termination services for telephony as well as IP-related services. This segment dominates the market because of its ubiquity and importance in communications between networks.
By Transmission Network (Owned Network, Leased Network)
In wholesale voice carrier market, leased network segment is expected to capture revenue share of around 52% by the end of 2036.This sub segment has showed it can handle the cloud communication platforms more effectively in its years of use. This makes it the most preferred market by 2036 for the wholesale voice carrier market due to its adaptability and flexibility. A commonly known statement here is that the total engagement with cloud-based solutions and providers of cloud communication needs. The enhancement of the leased network with the agility and scalability makes it the key factor for its push in the market. With this approach they can cater to the dynamic needs of business of all sizes, from small enterprises to large organizations.
By End User (VoIP, Traditional Switching)
VoIP services has jumped on to dominating sub-segment by attaining 54% of the total revenue share with a CAGR of 10%, right after its inception benefitting by its cost benefits, scalability, and flexibility. This technique equips voice calls to be transmitted as protocol data units (PDUs) over IP networks which simply means that there is no need for a circuit switching infrastructure anymore. Research Nester’s reports suggest that this sub-segment accounts for about 7% of the global telecom service market’s revenue. VoIP services satisfy the needs of a diverse group of users, from businesses to call centers, residential users, and even mobile app-based voice services.
Our in-depth analysis of the global wholesale voice carrier market includes the following segments:
By Service |
|
By Transmission Network |
|
By End User |
|
Author Credits: Abhishek Verma
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?