According to the report titled ‘North America Wholesale Voice Carrier Market Forecast 2026 By Transmission Network, By Service, By Technology, Research Report, Regional Outlook, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America wholesale voice carrier market is expected to amass a valuation of USD 8 billion by the end of forecast period 2020-2026.
 

Accelerated commercialization of 5G technology due to the leverage it creates for service providers, massive investments by mobile operators to broaden their portfolios, and heightened customer demand for robust connectivity & a broader range of data services are propelling the growth of North America wholesale voice carrier market.
 

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Based on service ambit, the voice termination segment held a market share of over 70% in 2019 and is anticipated to gain phenomenal traction over the course of analysis period, due to the immense demand from customers for superior quality voice calling, coupled with surging service provider requirements for cost-effective wholesale voice carrier solutions.
 

In terms of transmission network, the leased network segment of North America wholesale voice carrier industry is predicted to grow at 10% CAGR through 2026, attributable to a rise in the proportion of service providers using leased networks aiming to establish voice carrier facilities in developing economies, as well as an upsurge in demand for leasing infrastructure from tier-1 operators, resulting in a lower cost of ownership for tier-2 & tier-3 network providers.
 

Concerning technology spectrum, the Voice over Internet Protocol (VoIP) segment contributed 40% revenue share in 2019 and is estimated to grow substantially between 2020 and 2026, due to the benefits it avails to the consumers like reduced costs of international and long-distance domestic calls, combined with superior call quality when compared to other networks such as Public Switched Telephone Network (PSTN).
 

From a regional standpoint, Canada market is poised to expand remarkably during the forecast timeframe, due to the country's growing demand for voice carrier services, as well as strategic partnerships among prominent players, which are further accelerating industry development. For instance, in February 2020, Huawei Technologies Co. Ltd. and Telus Communications Inc. collaborated to launch 5G network services in Canada to provide high-speed internet access throughout the region. Furthermore, the nation is focusing on ensuring protection against scammers by implementing mechanisms to reduce the frequency of fraudulent calls made over network infrastructure.
 

The competitive landscape of North America wholesale voice carrier market is defined by companies such as Vodafone Group plc, Tata Communications Limited, BCE, Inc., Lumen Technologies, Inc., Nippon Telegraph and Telephone Corporation, Orange S.A., AT&T, Inc., Verizon Communications, Inc., Alepo Technologies, Inc., Deutsche Telekom AG, BT Group plc, and IDT Corporation among others.