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:123
Report Code:
TIPRE00026766
Category:
Technology, Media and Telecommunications
The wholesale voice carrier market in Asia Pacific is expected to grow from US$ 7,270.80 million in 2021 to US$ 10,224.90 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2021 to 2028.
Technology plays a vital role in the economic growth of nations owing to which several emerging countries are shifting toward digitalization. According to the Cisco annual internet report, there will be ~3.1 billion Internet users by 2023 in Asia Pacific. Further, according to Ericsson, there were nearly 4 billion mobile connections in Asia Pacific in 2016 and is expected to reach 4.6 billion by 2021. Such stats regarding the adoption of smartphones, as well as internet penetration, are acting as major supporting factors for the market growth. 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.
COVID-19 emerged in China and has affected several nearing countries such as South Korea and India. Countries such as China, India, South Korea, and Japan are increasingly moving toward new networking solutions such as 5G, 4G, and VoLTE. China and India are the biggest manufacturing hubs in the region, with an increasing focus on industrialization. However, lockdowns slowed the growth as businesses remained closed during the pandemic. The emergence of digital services to restart the business operation has created an excellent opportunity for the market. For instance, the use of voice calling apps such as Zoom has witnessed strong growth of more than 100% in 2020.
Asia Pacific Wholesale Voice Carrier MarketRevenue and Forecast to 2028 (US$ Million)
Asia Pacific Wholesale Voice Carrier Market Segmentation
Asia Pacific Wholesale Voice Carrier Market – ByServices
Voice Termination
Interconnect Billing
Fraud Management
Asia Pacific Wholesale Voice Carrier Market – ByTransmission Network
Owned Network
Leased Network
Asia Pacific Wholesale Voice Carrier Market – ByTechnology
VoIP
Traditional Switching
Asia Pacific Wholesale Voice Carrier Market– By Country
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Asia Pacific Wholesale Voice Carrier Market-Companies Mentioned
AT&T Inc.
BICS
BT Group
DEUTSCHE TELEKOM AG
IDT Corporation
Lumen Technologies
ORANGE S.A.
Tata communication
VERIZON COMMUNICATIONS, INC
Asia Pacific Wholesale Voice Carrier Market Strategic Insights
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Asia Pacific Wholesale Voice Carrier Market Segmentation Analysis
Asia Pacific Wholesale Voice Carrier Market Report Highlights
Asia Pacific Wholesale Voice Carrier Report Scope
Report Attribute
Details
Market size in 2021
US$ 7,270.80 Million
Market Size by 2028
US$ 10,224.90 Million
CAGR (2021 - 2028)
5.0%
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
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
Market leaders and key company profiles
AT&T Inc.
BICS
BT Group
DEUTSCHE TELEKOM AG
IDT Corporation
Lumen Technologies
ORANGE S.A.
Tata communication
VERIZON COMMUNICATIONS, INC
Get more information on this report
Asia Pacific Wholesale Voice Carrier Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - Asia Pacific Wholesale Voice Carrier Market
AT&T Inc.
BICS
BT Group
DEUTSCHE TELEKOM AG
IDT Corporation
Lumen Technologies
ORANGE S.A.
Tata communication
VERIZON COMMUNICATIONS, INC
Frequently Asked Questions
How big is the Asia Pacific Wholesale Voice Carrier Market?
The Asia Pacific Wholesale Voice Carrier Market is valued at US$ 7,270.80 Million in 2021, it is projected to reach US$ 10,224.90 Million by 2028.
What is the CAGR for Asia Pacific Wholesale Voice Carrier Market by (2021 - 2028)?
As per our report Asia Pacific Wholesale Voice Carrier Market, the market size is valued at US$ 7,270.80 Million in 2021, projecting it to reach US$ 10,224.90 Million by 2028. This translates to a CAGR of approximately 5.0% during the forecast period.
What segments are covered in this report?
The Asia Pacific Wholesale Voice Carrier Market report typically cover these key segments-
Service (Voice Termination, Interconnect Billing, Fraud Management)
What is the historic period, base year, and forecast period taken for Asia Pacific 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 Asia Pacific Wholesale Voice Carrier Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in Asia Pacific Wholesale Voice Carrier Market?
The Asia Pacific 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.
Tata communication
VERIZON COMMUNICATIONS, INC
Who should buy this report?
The Asia Pacific 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 Asia Pacific Wholesale Voice Carrier Market value chain can benefit from the information contained in a comprehensive market report.
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