North America Wholesale Voice Carrier Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Service (Voice Termination, Interconnect Billing, and Fraud Management), Transmission Network (Owned Network and Leased Network), and Technology (VoIP and Traditional Switching)


No. of Pages: 116    |    Report Code: TIPRE00026800    |    Category: Technology, Media and Telecommunications

North America Wholesale Voice Carrier Market
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The wholesale voice carrier market in North America is expected to grow from US$ 3,781.95 million in 2021 to US$ 5,239.47 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.

A few years ago, the pricing structure of wholesale voice carrier had fixed charging rate per call and varied among providers. The new regulation increased competition among the new market players, and pricing structure witnessed positive change favoring the customers. Traditional telephone services are governed by the regulation that created complete or near monopoly on the market. Charges are decided by the firms based on their revenue and pursuit of dominance in local market, resulting VoIP to be 40–80% cheaper than traditional service as they are based on internet connectivity. In addition, traditional telephone calls are expected to travel greater distance and need open circuit while the call is processing; on the other hand, VoIP requires only the presence of strong internet connection. According to the survey conducted for over 1,000 small businesses by the Telzio, Inc., a VoIP service provider company, a VoIP service can help companies reduce telecommunication cost by almost 50%. In addition, the setup cost is negligible, while an on-premise phone system can cost nearly US$ 20,000. Therefore, benefits such as lower overheads requirement, elimination of call waiting and voicemail expenses, and slashed relocation cost are supporting the growth of the North America wholesale voice carrier market.

 

The North American market suffered a massive loss in the first half of 2020, owing to a high number of COVID-19 cases, specifically in the US. Post-lockdown, the market witnessed an increase in demand for digital services. North America is among the eminent regions in adopting VoIP services due to favorable infrastructure support for high-speed internet services. Strong adoption of internet services among the region for the digital transformation of businesses supported the market growth for post lockdown adoption. The pandemic halted the market growth for some period, but it rose at a stronger rate with innovative solutions. Owing to the COVID-19 pandemic, a vast number of individuals are working from home and spending more time online. Subsequently, wholesale voice carrier services have increasingly gained traction amid the ongoing COVID-19 pandemic as subscribers make frequent long-duration calls. Nations such as the US, Canada, Mexico are rapidly building a robust VoIP landscape, which is anticipated to further increase with the growing trends of work from home and remote working options.

 

North America Wholesale Voice Carrier Market

Revenue and Forecast to 2028 (US$ Million)

North America Wholesale Voice Carrier Market Revenue and Forecast to 2028 (US$ Million)

North America Wholesale Voice Carrier Market Segmentation        

 

North America Wholesale Voice Carrier Market – By

Services

  • Voice Termination
  • Interconnect Billing
  • Fraud Management 

North America Wholesale Voice Carrier Market – By

Transmission Network

  • Owned Network
  • Leased Network

North America Wholesale Voice Carrier Market – By

Technology

  • VoIP
  • Traditional Switching

North America Wholesale Voice Carrier Market– By Country

  • US
  • Canada
  • Mexico

North America Wholesale Voice Carrier Market-Companies Mentioned

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

North America Wholesale Voice Carrier Strategic Insights

Strategic insights for the North America 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.

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North America Wholesale Voice Carrier Report Scope

Report Attribute Details
Market size in 2021 US$ 3,781.95 Million
Market Size by 2028 US$ 5,239.47 Million
Global CAGR (2021 - 2028) 4.8%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Service
  • Voice Termination
  • Interconnect Billing
  • Fraud Management
By Transmission Network
  • Owned Network
  • Leased Network
By Technology
  • VoIP
  • Traditional Switching
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key 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
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    North America Wholesale Voice Carrier Regional Insights

    The geographic scope of the North America 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.

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    The List of Companies - North America Wholesale Voice Carrier Market

    1. AT&T Inc.
    2. BICS
    3. BT Group
    4. DEUTSCHE TELEKOM AG
    5. IDT Corporation
    6. Lumen Technologies
    7. ORANGE S.A.
    8. TELEFÓNICA S.A.
    9. Tata communication
    10. VERIZON COMMUNICATIONS, INC
    Frequently Asked Questions
    How big is the North America Wholesale Voice Carrier Market?

    The North America Wholesale Voice Carrier Market is valued at US$ 3,781.95 Million in 2021, it is projected to reach US$ 5,239.47 Million by 2028.

    What is the CAGR for North America Wholesale Voice Carrier Market by (2021 - 2028)?

    As per our report North America Wholesale Voice Carrier Market, the market size is valued at US$ 3,781.95 Million in 2021, projecting it to reach US$ 5,239.47 Million by 2028. This translates to a CAGR of approximately 4.8% during the forecast period.

    What segments are covered in this report?

    The North America Wholesale Voice Carrier Market report typically cover these key segments-

    • Service (Voice Termination, Interconnect Billing, Fraud Management)
    • Transmission Network (Owned Network, Leased Network)
    • Technology (VoIP, Traditional Switching)

    What is the historic period, base year, and forecast period taken for North America Wholesale Voice Carrier Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Wholesale Voice Carrier Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in North America Wholesale Voice Carrier Market?

    The North America Wholesale Voice Carrier Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

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

    The North America Wholesale Voice Carrier Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Wholesale Voice Carrier Market value chain can benefit from the information contained in a comprehensive market report.

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