VoIP Segment to Dominate South America Wholesale Voice Carrier Market during 2019–2028

According to a new market research study on “South America Wholesale Voice Carrier Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Services, Transmission Network, and Technology,” is expected to reach US$ 1,937.02 million by 2028 from US$ 1,519.46 million in 2021. The market is estimated to grow at a CAGR of 3.5% from 2021 to 2028. Increasing focus towards the low-price solution offering is the major factor driving the growth of the South America wholesale voice carrier market. However, increasing cases of fraudulent voice traffic may hinder the growth of South America wholesale voice carrier market. The report provides trends prevailing in the South America wholesale voice carrier market along with the drivers and restraints pertaining to the market growth.

Brazil has reported the highest number of COVID-19 cases, followed by Argentina and Peru. Governments in South America have taken various actions to protect their citizens and contain COVID-19’s spread. The market was significantly affected by the lockdown; however, the demand for internet is increased, which supported the market growth post-lockdown. For instance, despite COVID-19, Telefonica Brazil SA company is expanding its footprint in Brazil to acquire Oi’s assets. The company is increasing its 4G mobile coverage and fiber-to-the-home (FTTH) network for the region.

The South America wholesale voice carrier market segmented by service, transmission network, technology, and country. Based on service, the market is segmented into voice termination, interconnect billing and fraud management. In 2020, the voice termination segment held the largest share South America wholesale voice carrier market. Based on transmission network the wholesale voice carrier market is divided into leased network and owned network. In 2020, the leased network segment held the largest share South America wholesale voice carrier market. On the basis of technology, the market is segmented into VoIP and traditional switching. The VoIP segment accounts for largest market share in the 2020. Similarly, based on country, the market is bifurcated into Brazil, Argentina, and rest of South America. Brazil contributed a substantial share in 2020. 

AT&T Inc.; BICS; BT Group; DEUTSCHE TELEKOM AG; IDT Corporation; Lumen Technologies; ORANGE S.A.; TELEFÓNICA S.A.; Tata communication; and VERIZON COMMUNICATIONS, INC; are among the leading companies in the South America Wholesale Voice Carrier Market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Telefonica SA and CK Hutchison Holdings Limited collaborated to offers digital communications services to enterprise customers.

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