The International Wholesale Voice Carrier Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the international wholesale voice carrier has experienced significant growth in the past few years. It is expected to rise from $48.31 billion in 2024 to $56.15 billion in 2025, showing a compound annual growth rate (CAGR) of 16.2%.
The International Wholesale Voice Carrier market is projected to reach $101.53 billion in 2029, with a compound annual growth rate (CAGR) of 16.0%.
Download Your Free Sample of the 2025 International Wholesale Voice Carrier Market Report and Uncover Key Trends Now!The key drivers in the international wholesale voice carrier market are:
• Rollout and adoption of 5G networks are propelling the market growth.
• Increase in data consumption is another key driver for market expansion.
• Increased security concerns are fueling the growth of the voice carrier market.
• Increased demand for international voice services and the incorporation of artificial intelligence and automation in voice services is driving the market growth.
The international wholesale voice carrier market covered in this report is segmented –
1) By Service: Voice Termination, Interconnect Billing, Fraud Management
2) By Transmission Network: Owned Network, Leased Network
3) By Technology: Voice Over Internet Protocol, Traditional Switching
The key trends in the international wholesale voice carrier market are:
• Adoption and incorporation of artificial intelligence and automation in voice services is a notable trend in the market.
• Emerging technologies like VoIP are on the rise in the international wholesale voice carrier market.
• The market is witnessing a greater integration with IoT technologies.
• Tailoring and advancement of edge computing optimization and enhanced quality of service (QoS) are key emerging trends.
Major companies in the international wholesale voice carrier market are:
• Verizon Communications Inc.
• China Mobile International Limited
• Deutsche Telekom AG Corporation
• AT&T Corporation
• NTT Group
• T-Mobile US Inc.
• China Telecom Corporation Limited
• Vodafone Group Plc
• Emirates Telecommunication Group Company
• KDDI Corporation
• Orange SA
• Telefonica SA
• BT Group plc
• BCE Nexxia Corporation
• Lumen Technologies Inc.
• Bharti Airtel Limited
• Telstra Corporation Ltd.
• Singapore Telecommunications Limited
• Telenor ASA
• Philippine Long Distance Telephone Company
• Tata Communications Limited
• CITIC Telekom International Holdings Limited
• Alepo Technologies Inc.
• Colt Technology Services
Europe was the largest region in the international wholesale voice carrier market in 2024