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International Wholesale Voice Carrier Market worth $60 Bn by 2027

  • Published Date: October 28, 2021

International Wholesale Voice Carrier Market size is set to surpass USD 60 billion by 2027, according to a new research report by Global Market Insights Inc.

The international wholesale voice traffic is expected to exceed 1 trillion minutes by 2027. Increasing availability of VoLTE and the rapidly growing use of VoIP networks is likely to fuel international wholesale voice carrier industry demand. Rising subscriber count and increasing market competition from Over-the-Top (OTT) players, such as Facebook and WhatsApp, are pressurizing telecoms to adopt international wholesale voice carrier services. The prices for voice termination services have also declined substantially, turning international wholesale voice carrier services into a profitable growth avenue. The global telecom industry’s shift to IP has also opened up new opportunities for international wholesale voice carriers.

Rapid expansion of LTE infrastructure

The international wholesale voice carrier market has showcased a growing demand for voice termination services and international roaming with the proliferation of the LTE network. Investments in the international wholesale voice carrier landscape are currently focused on amplification of networks and infrastructure to enable new services and stimulate market demand. For instance, as per GSMA’s 2020 report, 98% of the U.S. population has access to the 4G LTE network, which is aiding companies, such as Verizon and AT&T, to provide wide-area network services with low additional costs as their major data traffic is supported on the 4G LTE network.

International Wholesale Voice Carrier Market Size, By Region

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Rising financial losses caused by fraudulent traffic to boost the fraud management segment

The fraud management segment is poised to observe a steady growth rate of above 15% till 2027 due to the increasing stress on reducing financial losses caused by fraudulent voice traffic. International wholesale voice carrier traffic frauds range from the use of grey routes and Calling Line Identification (CLI) manipulation to Wangiri (forcing subscribers to call premium numbers) and International Revenue Share Frauds (IRSF).

For instance, in June 2020, the telecom operators of North America suffered from DDoS cyberattacks. It was the largest cyberattack on telecom operators and nearly 100,000 customers of T-Mobile and 30,000 customers of AT&T were affected. Call connectivity and data traffic were adversely affected by the DDoS cyberattack. Consequently, the importance of fraud management solutions to monitor international wholesale voice carrier services becomes paramount to ensure reduced losses and maintain market competitiveness.

Browse key industry insights spread across 277 pages with 242 market data tables and 34 figures & charts from the report, “International Wholesale Voice Carrier Market Size By Service (Voice Termination, Interconnect Billing, Fraud Management), By Transmission Network (Owned Network, Leased Network), By Technology (VoIP, Traditional Switching), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:


Rising affinity of telecom carrier toward leased infrastructure propelling the market growth of leased transmission networks

The leased transmission network segment is anticipated to register a growth rate of nearly 15% CAGR through 2027. The international wholesale voice carrier market growth is driven by the growing uptake of leased network infrastructure for VoIP call termination across geographical locations. Multiple telecom operators are leasing a portion of the network from regional players to set up their voice termination facilities in emerging markets.

For instance, in August 2021, Uniti launched a wave lease product. It offers 100G & 400G wavelength services and multi-terabit spectrum services to customers. This allowed Uniti to lease out high capacity, low operational complexity, and flexible bandwidth solution with an efficient cost structure.

Increased adoption of international business calling services to augment the market demand for traditional switching technologies

The traditional switching segment accounted for over 65% of the international wholesale voice carrier market share in 2020. The increasing adoption of international business calling services and high prevalence of legacy IT systems are enhancing the traditional switching segment growth. The telecom authorities of various companies are launching regulations to make interconnection networks easy. For instance, in July 2020, the Telecom Regulator Authority of India released telecommunication regulations 2020 to make an easy interconnection between the PSTN and NLD networks.

Highly matured VoIP services market in North America to accentuate the regional market growth

North America is predicted to generate revenues of around USD 10 billion in the international wholesale voice carrier market by 2027. The regional market is rapidly expanding owing to the extensive adoption of VoIP-based call services and the widespread availability of 4G network. For instance, the U.S. has the largest global userbase of VoIP with about 41 states including California and Washington extensively using VoIP services. Various business enterprises in the regional are increasingly adopting VoIP services due to their various benefits such as improved security and reduced use of cable.

Adoption of organic growth strategies for increasing services portfolio breadth is the key to spur market share

The market has witnessed strategies by key players for expanding their portfolios with added functionalities to maintain the revenue share and profitability. For instance, in May 2021, My Country Mobile General Trading LLC, an international wholesale voice carrier, announced its increase in capacity to up to 100,000 channels for its wholesale voice customers. This addition helped the company to increase its capacity and serve the increasing demand for faster connections and better voice quality.

Some of the key players operating in the international wholesale voice carrier market include Alepo, AT & T, Inc., BCE Nexxia Corporation, Bharti Airtel Ltd., BICS SA, BT Group Plc, CenturyLink, Inc., China Telecommunications Corporation, CITIC Telecom International Holdings Limited, Deutsche Telekom AG, Emirates Telecommunication Group Company PJSC (Etisalat), Globitel, IDT Corporation, NTT Corporation, Orange SA, Singapore Telecommunications Limited, Sprint (T-Mobile), Tata Communications Ltd., Telefonica SA, Telenor ASA, Telstra Corporation Ltd., Verizon Communications Inc., and Vodafone Group Plc.

Authors: Preeti Wadhwani, Smriti Loomba