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International Wholesale Voice Carrier Market Size
- Report ID: GMI4796
- Published Date: Nov 2022
- Report Format: PDF
International Wholesale Voice Carrier Market Size
International Wholesale Voice Carrier Market size surpassed USD 30 billion in 2022 and is expected to grow at around 15% CAGR from 2023 to 2032. Wholesale voice carrier solutions such as hosted VoIP are emerging as preferable alternatives for businesses with seasoned demand changes that require scalable calling abilities. These systems allow hassle-free and cost-effective integration to consolidate social media, smartphones, chat, email, voicemail, and other communication channels used by an enterprise. Rapid scalability of hardware & software infrastructure will also impact the market share.
It is anticipated that increasing wholesale voice fraud across the world may inhibit market expansion to a certain extent. These fraudulent activities erode a significant amount of revenue from every telecom operator. Close to two-thirds of all fraud losses, particularly voice fraud losses, are connected to international traffic. The burden of International Revenue Share Fraud (IRSF), in particular, is growing at a rapid rate. With increasing occurrences of voice fraud, the industry may witness a slump in growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| International Wholesale Voice Carrier Market Size in 2022: | 30 Billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 10% |
| 2032 Value Projection: | 120 Billion (USD) |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 288 |
| Segments covered: | Service, Transmission Network, Technology, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
International Wholesale Voice Carrier Market Scope
