The Global Mobile Voice Market is Predict to reach $496.5 Billion by 2028, at a CAGR of 5.4%

Mobile Voice Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Mobile Voice Market size is expected to reach $496.5 billion by 2028, rising at a market growth of 5.4% CAGR during the forecast period.

The Wireline segment is showcasing a CAGR of 4.8% during (2022 - 2028). Due to the growing connectivity from the television and telecommunications sectors, as well as a growth in the number of mobile and broadband internet connections, drive the market for wireline services. Instead of offering limited services, providers of wired telecommunication network services are transitioning to multi-function network systems that provide clients with additional services, such as internet service and satellite television ability to connect, resulting in a new service trend on the market.

The Consumer/Residential segment acquired maximum revenue share in the Global Mobile Voice Market by End-user in 2021 thereby, achieving a market value of $345.6 Billion by 2028. It is forecasted to continue its supremacy over the time in question. Increased expenditure on 5G technology, a rise in the number of high-speed mobile phones, and the establishment of effective voice communication systems are anticipated to fuel the market's expansion.

The Asia Pacific market dominated the Global Mobile Voice Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $182.7 Billion by 2028. The Europe market is exhibiting a CAGR of 4.9% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 4.7% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/mobile-voice-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of AT&T, Inc., Verizon Communications, Inc., SoftBank Group Corporation, Deutsche Telekom AG, Telefonica S.A., Vodafone Group Plc, Nippon Telegraph and Telephone Corporation, China Mobile Limited, and KT Corporation.

Global Mobile Voice Market Segmentation

By Transmission

• Wireless
• Wireline

By End User

• Consumer/Residential
• Business

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• AT&T, Inc.
• Verizon Communications, Inc.
• SoftBank Group Corporation
• Deutsche Telekom AG
• Telefonica S.A.
• Vodafone Group Plc
• Nippon Telegraph and Telephone Corporation
• China Mobile Limited
• KT Corporation

Related Reports:

North America Mobile Voice Market Size & Share to 2022-2028

• October-2022
• 57 Pages

LAMEA Mobile Voice Market Size & Growth Trends to 2022-2028

• October-2022
• 64 Pages

Europe Mobile Voice Market Size & Growth Trends by 2022-2028

• October-2022
• 64 Pages

Asia Pacific Mobile Voice Market Size & Growth to 2022-2028

• October-2022
• 64 Pages