Title: International Wholesale Voice Carrier Market 2021 - Latest Trends, Future Development Outlook and Demand Analysis to 2027
1International Wholesale Voice Carrier Market by
Competitive Strategies, Regional Analysis and
Trends Outlook, 2021 - 2027
2- The international wholesale voice carrier market
is projected to expand at a robust pace by 2027
on account of rising penetration of smartphones
and voice over internet protocol (VoIP) devices
around the world. - A wholesale voice service is a large capacity
phone service that consists of one or more large
voice circuits. Businesses in the telecom
industry utilize wholesale voice to provide
local, long-distance, DID, toll-free, or
international voice services and other
applications, such as video conferencing, fax,
and dial-up. - Notably, industry players are implementing
various strategic initiatives to monetize
emerging trends in the sector, thereby enhancing
the overall market scenario. For instance, in
October 2021, Verizon Communications, Inc., a
major telecommunications company, announced a
strategic collaboration with Amazon.com Inc.'s
Project Kuiper, a low Earth orbit (LEO) satellite
network, to develop connectivity solutions and
increase global broadband access. - Project Kuiper aims to expand worldwide broadband
connectivity by deploying a constellation of
3,236 satellites in low Earth orbit (LEO) around
the globe. The system would serve individual
houses, schools, hospitals, businesses, and other
institutions operating in areas where internet
connectivity is limited or unavailable.
3- To cite another instance, in October 2021, Tata
Communications, an India-based telecommunications
company, extended its strategic partnership with
Cisco Systems, a leading networking hardware
company. The new deal between Tata Communications
and Cisco Systems enables end-to-end network
administration through a single pane of glass,
providing increased mobility and centralized
control of an enterprise's IT ecosystem. - Similarly, in October 2021, Lumen Technologies, a
prominent telecommunications enterprise, and
Cisco Systems, expanded their partnership by
including a novel product offering, dubbed Lumen
Solutions for Cisco Unified Communications
Manager Cloud, to enhance their existing unified
communications and collaboration (UCC) tools.
The product has been developed by combining
Lumen's global fiber network with Cisco's
advanced cloud-based collaboration services. - The international wholesale voice carrier market
has been divided on the basis of technology,
service, transmission network, and region. From
the regional point of view, the Latin America
international wholesale voice carrier market is
expected to see considerable growth at a CAGR of
around 12.4 over the projected period. Prominent
expansion of the LTE infrastructure and the rise
of affordable VoIP services across LATAM are set
to bolster market growth in the region.
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5- Meanwhile, the Middle East Africa international
wholesale voice carrier market accounted for
nearly 19.4 of the overall industry revenue in
2020 and is anticipated to progress at a sturdy
rate over 2021-2027. Additionally, proliferating
subscriber count and rising international voice
call termination across the Middle East countries
are likely to drive product uptake in MEA over
the assessment period.
- Some of the key players operating in the market
are Alepo, AT T, Inc., BCE Nexxia Corporation,
Bharti Airtel Ltd., BICS SA, BT Group Plc,
CenturyLink, Inc., China Telecommunications
Corporation, CITIC Telecom International Holdings
Limited, Deutsche Telekom AG, Emirates
Telecommunication Group Company PJSC (Etisalat),
Globitel, IDT Corporation, NTT Corporation,
Orange SA, Singapore Telecommunications Limited,
Sprint (T-Mobile), Tata Communications Ltd.,
Telefonica SA, Telenor ASA, Telstra Corporation
Ltd., Verizon Communications Inc., and Vodafone
Group Plc.
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