Europe Wholesale Voice Carrier Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Service (Voice Termination, Interconnect Billing, and Fraud Management), Transmission Network (Owned Network and Leased Network), and Technology (VoIP and Traditional Switching)
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
- Voice Termination
- Interconnect Billing
- Fraud Management
- 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
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Wholesale Voice Carrier Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Wholesale Voice Carrier Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Penetration of VoIP Call Services
5.1.2 Increasing Focus Towards the Low-price Solution Offering
5.1.3 Rising Adoption of Smartphones and VoIP Devices
5.2 Market Restraints
5.2.1 Surge in Cases of Fraudulent Voice Traffic
5.2.2 Advent of Data Communication Over Voice
5.3 Market Opportunities
5.3.1 Growing Development in Network Services
5.3.2 Rising Demand in Emerging Markets
5.4 Future Trends
5.4.1 Restructuring of the Service Models
5.5 Impact Analysis of Drivers and Restraints
6. Wholesale Voice Carrier – Europe Market Analysis
6.1 Europe Wholesale Voice Carrier Market Overview
6.2 Europe Wholesale Voice Carrier Market – Revenue, and Forecast to 2028 (US$ Million)
7. Europe Wholesale Voice Carrier Market Analysis – By Service
7.1 Overview
7.2 Europe Wholesale Voice Carrier Market, By Service (2020 and 2028)
7.3 Voice Termination
7.3.1 Overview
7.3.2 Voice Termination: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Interconnect Billing
7.4.1 Overview
7.4.2 Interconnect Billing: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Fraud Management
7.5.1 Overview
7.5.2 Fraud Management: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Wholesale Voice Carrier Market Analysis – By Transmission Network
8.1 Overview
8.2 Europe Wholesale Voice Carrier Market, By Transmission Network (2020 and 2028)
8.3 Owned Network
8.3.1 Overview
8.3.2 Owned Network: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Leased Network
8.4.1 Overview
8.4.2 Leased Network: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Wholesale Voice Carrier Market Analysis – By Technology
9.1 Overview
9.2 Europe Wholesale Voice Carrier Market, By Technology (2020 and 2028)
9.3 VoIP
9.3.1 Overview
9.3.2 VoIP: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Traditional Switching
9.4.1 Overview
9.4.2 Traditional Switching: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Wholesale Voice Carrier Market – Country Analysis
10.1 Europe: Wholesale Voice Carrier Market
10.1.1 Europe: Wholesale Voice Carrier Market, by Key Country
10.1.1.1 UK: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 UK: Wholesale Voice Carrier Market, by Service
10.1.1.1.2 UK: Wholesale Voice Carrier Market, by Transmission Network
10.1.1.1.3 UK: Wholesale Voice Carrier Market, by Technology
10.1.1.2 Germany: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Germany: Wholesale Voice Carrier Market, by Service
10.1.1.2.2 Germany: Wholesale Voice Carrier Market, by Transmission Network
10.1.1.2.3 Germany: Wholesale Voice Carrier Market, by Technology
10.1.1.3 France: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 France: Wholesale Voice Carrier Market, by Service
10.1.1.3.2 France: Wholesale Voice Carrier Market, by Transmission Network
10.1.1.3.3 France: Wholesale Voice Carrier Market, by Technology
10.1.1.4 Italy: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Italy: Wholesale Voice Carrier Market, by Service
10.1.1.4.2 Italy: Wholesale Voice Carrier Market, by Transmission Network
10.1.1.4.3 Italy: Wholesale Voice Carrier Market, by Technology
10.1.1.5 Russia: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Wholesale Voice Carrier Market, by Service
10.1.1.5.2 Russia: Wholesale Voice Carrier Market, by Transmission Network
10.1.1.5.3 Russia: Wholesale Voice Carrier Market, by Technology
10.1.1.6 Rest of Europe: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Wholesale Voice Carrier Market, by Service
10.1.1.6.2 Rest of Europe: Wholesale Voice Carrier Market, by Transmission Network
10.1.1.6.3 Rest of Europe: Wholesale Voice Carrier Market, by Technology
11. Impact of COVID-19 Pandemic on Europe Wholesale Voice Carrier Market
11.1 Europe: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Launch/Development
13. Company Profiles
13.1 AT&T Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 BT Group
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 DEUTSCHE TELEKOM AG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 IDT Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Tata communication
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 TELEFÓNICA S.A.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Lumen Technologies
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 VERIZON COMMUNICATIONS, INC.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 ORANGE S.A.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 BICS
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Wholesale Voice Carrier Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. UK: Wholesale Voice Carrier Market, by Service–Revenue and Forecast to 2028 (US$ Million)
Table 3. UK: Wholesale Voice Carrier Market, by Transmission Network–Revenue and Forecast to 2028 (US$ Million)
Table 4. UK: Wholesale Voice Carrier Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany: Wholesale Voice Carrier Market, by Service–Revenue and Forecast to 2028 (US$ Million)
Table 6. Germany: Wholesale Voice Carrier Market, by Transmission Network–Revenue and Forecast to 2028 (US$ Million)
Table 7. Germany: Wholesale Voice Carrier Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Wholesale Voice Carrier Market, by Service–Revenue and Forecast to 2028 (US$ Million)
Table 9. France: Wholesale Voice Carrier Market, by Transmission Network–Revenue and Forecast to 2028 (US$ Million)
Table 10. France: Wholesale Voice Carrier Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Wholesale Voice Carrier Market, by Service–Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Wholesale Voice Carrier Market, by Transmission Network–Revenue and Forecast to 2028 (US$ Million)
Table 13. Italy: Wholesale Voice Carrier Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 14. Russia: Wholesale Voice Carrier Market, by Service–Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia: Wholesale Voice Carrier Market, by Transmission Network–Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: Wholesale Voice Carrier Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe: Wholesale Voice Carrier Market, by Service–Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: Wholesale Voice Carrier Market, by Transmission Network–Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: Wholesale Voice Carrier Market, by Technology–Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Wholesale Voice Carrier Market Segmentation
Figure 2. Europe Wholesale Voice Carrier Market Segmentation – By Country
Figure 3. Europe Wholesale Voice Carrier Market Overview
Figure 4. Europe Wholesale Voice Carrier Market – Service Analysis
Figure 5. Europe Wholesale Voice Carrier Market – Transmission Network Analysis
Figure 6. Europe Wholesale Voice Carrier Market – Technology Analysis
Figure 7. Europe Wholesale Voice Carrier Market – Country Analysis
Figure 8. Europe: PEST Analysis
Figure 9. Europe Wholesale Voice Carrier Market – Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Europe Wholesale Voice Carrier Market Impact Analysis of Drivers And Restraints
Figure 12. Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Wholesale Voice Carrier Market Revenue Share, by Service (2020 and 2028)
Figure 14. Voice Termination: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Interconnect Billing: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Fraud Management: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Wholesale Voice Carrier Market Revenue Share, by Transmission Network (2020 and 2028)
Figure 18. Owned Network: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Leased Network: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Wholesale Voice Carrier Market Revenue Share, by Technology (2020 and 2028)
Figure 21. VoIP: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Traditional Switching: Europe Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe: Wholesale Voice Carrier Market, by Key Country – Revenue (2020) (US$ Million)
Figure 24. Europe: Wholesale Voice Carrier Market Revenue Share, by Key Country (2020 and 2028)
Figure 25. UK: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Germany: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. France: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Italy: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Russia: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Rest of Europe: Wholesale Voice Carrier Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Impact of COVID-19 Pandemic in Europe Country Markets
- AT&T Inc.
- BICS
- BT Group
- DEUTSCHE TELEKOM AG
- IDT Corporation
- Lumen Technologies
- ORANGE S.A.
- TELEFÓNICA S.A.
- Tata communication
- VERIZON COMMUNICATIONS, INC
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