Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Wholesale Voice Carrier Market size was over USD 39.17 billion in 2024 and is anticipated to cross USD 176.97 billion by 2037, growing at more than 12.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of wholesale voice carrier is estimated at USD 43.27 billion.
The rise in the usage of network-based voice calling services is one of the key factors fueling the growth of the wholesale voice carrier market which is directly related to the sales of smartphones. According to some reports, smartphones have generated revenue of approximate USD 410 Billion in 2023.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of wholesale voice carrier is estimated at USD 43.27 billion.
The wholesale voice carrier market size was over USD 39.17 billion in 2024 and is anticipated to cross USD 176.97 billion by 2037, growing at more than 12.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is attributed to rise in the usage of network-based voice calling services and network infrastructure and connection services.
North America industry is anticipated to hold largest revenue share of 34% by 2037, due to fact it hosts several key wholesale operators and boasts established and advanced telecommunication infrastructure.
The major players in the market are Deutsche Telekom AG, BT Group Orange, Tata Communications Limited, Lumen Technologies, Inc, Telefonica, Telenor, and Verizon Communications Inc.
