Europe Wholesale Voice Carrier Market

Market Introduction

In June 2020, the 5G commercial services reached 14 European countries, as stated by the European 5G Observatory, which is supported by the EU. The availability of commercial high-speed network infrastructure benefits the wholesale voice carriers with superior quality of service and extensive communication capability. Europe is expected to register a remunerative growth rate during the forecast period due to the increasing international VoIP calling trend. The region will continue to see its number of mobile subscribers stagnate with a forecasted CAGR of 1.3% in its number of mobile subscribers over the next five years. By far, Europe is the region with the largest number of roamers, i.e., 316 million. European roamers generate the most massive amount of roaming data transported over IPX, with an estimated 1,848 TB in 2018, representing 71.6% of the world’s total. Therefore, Europe generated the most revenue in terms of data roaming traffic transported over IPX.  Also, the high use of traditional voice calls by subscribers in developing countries further boosts the market growth. However, traditional telephony is now phased out, and British Telecom (BT) has previously announced plans to switch off its PSTN and ISDN networks in 2025 in favor of VoIP. VoIP solutions are now developing to be genuinely superior alternatives, and wholesale voice solutions for VoIP will continue to gain popularity within the network core and extend to replacing traditional analog voice circuits.  The market is anticipated to grow during the forecast period due to the growing demand for leased network infrastructure for VoIP call termination across the region. Many telecom operators emphasize renting a part of the network from regional telecom players to set up their voice termination facilities in the rising markets. The increasing market competition in the telecom industry has enabled tier-2 and tier-3 telecom operators to lease the network capacities from tier-1 operators to reduce the total cost of ownership and increase profitability.

The significant rise in COVID-19 cases has had a major impact on the European market in the first half of 2020. Countries such as Russia, France, Spain, and the UK had a significant count of cases daily, owing to which countries initiated lockdowns, which hampered the market growth. At the start of the second half, the market started to rise as work from home, and remote working became new normal for business operations. The adoption of high-speed internet in homes and businesses increased the opportunity for VoIP services. For instance, according to the Telefónica S.A. IP networks, mobile voice traffic increased by 50% in Spain.

Market Overview and Dynamics

The wholesale voice carrier market in Europe is expected to grow from US$ 8,587.15 million in 2021 to US$ 11,685.60 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028. Growing Development in Network Services; technology plays a vital role in the economic growth of nations owing to which several emerging countries are shifting toward digitalization. Europe strongly adopt digital services, advanced network, and supporting infrastructure. Potential opportunities available owing to inclination toward industrialization, digitalization, and automation are boosting the internet penetration. Increased businesses and digitalization in the region are creating strong opportunity for international voice services. Supporting policies of the government to support business models of existing and new comers in the market are additional factors propelling the wholesale voices carrier services. This is bolstering the growth of wholesale voice carrier market.

Key Market Segments

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 Europe 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 Europe 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.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the wholesale voice carrier market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 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; among others.

Reasons to buy report

• To understand the Europe wholesale voice carrier market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe wholesale voice carrier market
• Efficiently plan M&A and partnership deals in Europe wholesale voice carrier market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe wholesale voice carrier market
• Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.

EUROPE WHOLESALE VOICE CARRIER MARKET SEGMENTATION

By Services

• Voice Termination
• Interconnect Billing
• Fraud Management

By Transmission Network

• Owned Network
• Leased Network

By

Technology

• VoIP
• Traditional Switching

By Country

• U.K.
• Germany
• France
• Italy
• Russia
• Rest of Europe

Company Profiles

• AT&T Inc.
• BICS
• BT Group
• DEUTSCHE TELEKOM AG
• IDT Corporation
• Lumen Technologies
• ORANGE S.A.
• TELEFÓNICA S.A.
• Tata communication
• VERIZON COMMUNICATIONS, INC

Europe Wholesale Voice Carrier Strategic Insights

Strategic insights for the Europe Wholesale Voice Carrier provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Wholesale Voice Carrier Report Scope

Europe Wholesale Voice Carrier Regional Insights

The geographic scope of the Europe Wholesale Voice Carrier refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.