According to the recent research report titled ‘Wholesale Voice Carrier Market Size By Service, By Transmission Network, By Technology, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global wholesale voice carrier market is expected to grow substantially during 2020-2026.
 

Increasing utilization of value-added services with voice termination, escalating proliferation of VoIP devices & smartphones, rising penetration of LTE networks, declining rates of inter-carrier mobile termination, and increasing trend of VoIP based call services are the key factors driving the growth of global wholesale voice carrier market.
 

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For those uninitiated, wholesale voice service comprises of large voice circuit or several circuit and usually is offered by wholesale operators to other service providers that deal with startups & extensions to their networks. It is utilized by businesses engaged in telecom for offering local, DID, toll free, long distance, international voice services and other applications including dial-up video conferencing, and fax.
 

Wholesale carriers provide a wide range of managed data center services, internet connections across the globe, and co-location space. It services consist of supporting physical as well as progressively virtualized infrastructure, along with management of series of processes, thereby positively impacting global wholesale voice carrier market trend. However, shifting preferences towards voice to data services and rising cases of fraudulent traffic may hamper the market growth in the ensuing years.
 

From the regional perspective, Europe held 23% share in global wholesale voice carrier industry in the year 2019 and is likely to depict a similar trend over the assessment period, on account of high inclination towards adopting international VoIP calling services across the region.
 

Meanwhile, Latin America wholesale voice carrier industry is anticipated to record a CAGR of 10% through 2026, primarily driven by increasing smartphone penetration and subscriber count. In addition, technological advancements in the telecom sector have allowed for development of better broadband as well as mobile services, which in turn is further adding momentum to regional market growth.
 

Major players in global wholesale voice carrier market are Vodafone Group Plc, Deutsche Telekom AG, Verizon Communications Inc., Telstra Corporation Ltd., Comarch SA, Telenor ASA, Telefónica S.A,, Tata Communications Ltd., Sprint (T-Mobile), Singapore Telecommunications Limited, Orange S.A., NTT Corporation, IDT Corporation, CenturyLink Inc. (Lumen Technologies Inc.), Globitel, Emirates Telecommunication Group Company PJSC (Etisalat), China Telecommunications Corporation, BT Group Plc, BICS SA (Proximus), Bharti Airtel Ltd., BCE, Inc., CITIC Telecom International Holdings Limited, AT&T, Inc., and Alepo Technologies Pvt. Ltd..