International Wholesale Voice Carrier Market Growth Analysis, Size, Future Forecast 2032

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International Wholesale Voice Carrier Market
Growth Analysis, Size, Future Forecast 2032
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• Industry Insights

• The global international wholesale voice carrier
  market is slated to expand exponentially through
  2032 owing to the surging preference for VoIP
  devices and smartphones.
• Global smartphone adoption is increasing, opening
  up new options for wholesale voice providers to
  handle the huge VoIP demand these smart devices
  are driving. The market for smartphones has seen
  humongous expansion with the adoption rate
  touching new heights, more VoIP traffic is being
  produced through data-intensive voice calling
  apps and mobile internet use.
• For instance, in October 2021, Nokia debuted its
  first fixed wireless connectivity broadband
  gateway. This gateway was created to work with
  the local 5G specification for Japan. The Nokia
  5G gateway 3.2 will fulfill the requirements of
  the regional 5G band, which will support the
  regional 5G government program for digital
  transformation.

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• Based on service, the interconnect billing
  segment registered more than 5 billion revenue
  in 2022. The need for interconnect billing
  services among telecom operators and the
  international wholesale voice carrier market
  rapid development is expected to propel segmental
  growth through the review timeline.
• With respect to transmission, the owned segment
  is set to witness exceptional growth by the end
  of 2032 due to the rising telecom operator
  investments in infrastructure expansion and
  rising demand for fiber optics. Major telecom
  operators around the world are concentrating on
  growing their telecom infrastructures and making
  significant investments to scale up their network
  backbone.
• In terms of technology, the traditional switching
  segment is poised to expand steadily through the
  forecast period credited to the surging
  deployment of international business calling
  services as well as the rising consumer spending
  are proliferating segmental growth. A
  telecommunications network is implemented using
  the traditional switching or circuit switching
  technique, which requires that two network nodes
  first create a dedicated communications channel
  (circuit) within the network in order to connect.
• From the regional perspective, the Europe
  international wholesale voice carrier industry
  was valued at over 7 billion in 2022. The
  expansion of 5G network services and regulatory
  measures to examine mobile termination rates are
  expected to drive the region's wholesale voice
  carrier market trends over the research timeline.

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• Regional Analysis

• Meanwhile, the Latin America international
  wholesale voice carrier market is estimated to
  amass more than 6 billion in revenue by 2032.
  Growing regional wireless infrastructure and the
  introduction of voice services are both factors
  in Latin America's market expansion. Since most
  of the countries are developing ones, there has
  been a significant increase in the use of new
  technologies, which is likely to foster regional
  growth over the analysis timeframe.

• Competitive Analysis

• Some of the major players operating in the
  international wholesale voice carrier market
  include Alepo, AT T, Inc., BCE Nexxia
  Corporation, Bharti Airtel Ltd., BT Group Plc,
  CenturyLink, Inc., CITIC Telecom International
  Holdings Limited, Deutsche Telekom AG, Emirates
  Telecommunication Group Company PJSC (Etisalat),
  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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