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Global Voice Termination Market – Industry Trends and Forecast to 2031

ICT

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Global Voice Termination Market – Industry Trends and Forecast to 2031

  • ICT
  • Upcoming Report
  • Mar 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Voice Termination Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2024–2031
Diagram Market Size (Base Year) USD 41.50 USD Billion
Diagram Market Size (Forecast Year) USD 126.94 USD Billion
Diagram CAGR %

Major Markets Players

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Global Voice Termination Market, By Service (Voice Termination, Interconnect Billing, Fraud Management), By Transmission Network (Owned Network, Leased Network), By Technology (VoIP, Traditional Switching) - Industry Trends and Forecast to 2031.

Voice Termination Market

Voice Termination Market Analysis and Size

The global voice termination market is expected to witness steady growth driven by increasing demand for VoIP services, technological advancements, and the proliferation of IP-based networks. However, market participants need to address challenges such as competition from OTT services, security concerns, and price pressures to sustain growth and profitability. Strategic investments in network infrastructure, service differentiation, and regulatory compliance will be crucial for success in this dynamic market landscape. In addition, partnerships, mergers, and acquisitions may reshape the competitive landscape as companies seek to enhance their capabilities and market reach.

Data Bridge Market Research analyzes that the global voice termination market which was USD 41.50 billion in 2024, is likely to reach up to USD 126.94 billion by 2031, and is expected to undergo a CAGR of 15% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable from 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

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

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa

Market Players Covered

AT&T, Intellectual Property (U.S.), British Telecommunications plc (U.K.), CenturyLink  (U.S.), Deutsche Telekom AG (Germany), Orange (France), Tata Communications (India)

Market Opportunities

Market Definition

The global voice termination market refers to the segment of the telecommunications industry that involves routing and completing voice calls from one carrier to another, typically across different networks or regions. It encompasses services such as voice termination, interconnect billing, and fraud management, which are essential for facilitating the seamless transmission of voice communications between various telecommunications networks and providers.

Global Voice Termination Market Dynamics

Drivers

  • Increasing Demand for VoIP Services

The growing adoption of Voice over Internet Protocol (VoIP) services, driven by its cost-effectiveness, flexibility, and advanced features, is a significant driver for the global voice termination market. VoIP allows users to make voice calls over the internet, enabling businesses to reduce their communication costs while enhancing connectivity.

  • Expansion of Telecommunication Networks

The expansion and modernization of telecommunication networks, particularly in developing regions, contribute to the growth of the global voice termination market. Investments in infrastructure development, including the deployment of fiber-optic networks and the expansion of mobile networks, improve the accessibility and quality of voice termination services, driving market growth.

Opportunity

  • Emerging Technologies

The emergence of innovative technologies such as 5G, Internet of Things (IoT), and artificial intelligence (AI) presents opportunities for voice termination service providers to offer enhanced communication solutions. Integrating voice termination services with these technologies can improve network efficiency, reliability, and security, catering to evolving customer demands and industry requirements.

Restraint/Challenge

  • Regulatory Challenges

Regulatory complexities and compliance requirements in different regions pose challenges for voice termination service providers. Compliance with local regulations, licensing requirements, and quality standards can increase operational costs and administrative burdens for companies operating in multiple jurisdictions. In addition, changing regulatory environments and policies may impact market dynamics and hinder the growth of the global voice termination market.

This global voice termination market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global voice termination market contact the Data Bridge Market Research for an analyst brief, our team will help you make an informed market decision to achieve market growth.

Global Voice Termination Market Scope

The global voice termination market is segmented on the basis of servce, transmission network, and technology. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Service

  • Voice Termination
  • Interconnect Billing
  • Fraud Management

Transmission Network

  • Owned Network
  • Leased Network

Technology

  • VoIP
  • Traditional Switching

Global Voice Termination Market Region Analysis/Insights

The global voice termination market is analyzed and market size insights and trends are provided by country, service, transmission network, and technology as referenced above.

The countries covered in the global voice termination market report are U.S., Canada, Mexico, Brazil, Argentina, the rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and rest of the Middle East and Africa.

The dominating region for this global voice termination market is North America, primarily driven by the presence of established telecommunications infrastructure and significant investments in advanced communication technologies.

The fastest-growing region for the global voice termination market is projected to be Asia-Pacific region due to the rapid adoption of advanced communication technologies and the increasing demand for cost-effective voice termination solutions.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.   

Competitive Landscape and Global Voice Termination Market Share Analysis

The global voice termination market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global voice termination market.

Some of the major players operating in the global voice termination are:

  • AT&T, Intellectual Property (U.S.)
  • British Telecommunications plc (U.K.)
  • CenturyLink  (U.S.)
  • Deutsche Telekom AG (Germany)
  • Orange (France)
  • Tata Communications (India)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The voice termination market size will be worth USD 126.94 billion by 2031.
The growth rate of the voice termination market is 15%.
Increasing demand for VOIP services & expansion of telecommunication networks are the growth drivers of the voice termination market.
Service, transmission network, and technology are the factors on which the voice termination market research is based.
Major companies in the voice termination market are AT&T, Intellectual Property (U.S.), British Telecommunications plc (U.K.), CenturyLink (U.S.), Deutsche Telekom AG (Germany), Orange (France), Tata Communications (India).
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