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

LAMEA Mobile Voice Market Size, Share & Industry Trends Analysis Report By Transmission (Wireless and Wireline), By End User (Consumer/Residential and Business), By Country and Growth Forecast, 2022 - 2028

Published Date: November-2022 | Number of Pages: 64 | Format: PDF | Report ID: KBV-20978

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Market Report Description

The Latin America, Middle East and Africa Mobile Voice Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).

High-speed services from mobile operators utilizing EVDO rev A or HSPA may offer superior audio quality and metropolitan-wide coverage, including quick handoffs between mobile base stations, but may be more expensive than Wi-Fi-based VoIP services. Smartphones are now capable of sending and receiving email, accessing the web (although at poor speeds), and allowing users to watch television as a result of device makers' usage of more powerful CPUs and less expensive memory.

The economic model of the mobile operator sector contradicts the expectations of Internet users that access is free and quick, with no additional fees for accessing distant sites. Due to this, campus and corporate networks, open-source initiatives like Asterisk, and applications where the advantages are strong enough to support costly tests will likely be the primary sources of mobile VoIP innovation.

LAMEA is a region with relatively less access to innovative technologies and technological advancement. Residents in LAMEA nations have lower spending capacities, which prevents them from consuming modern and costly services. In addition, the voice user interface is integrated into mobile phones, which is necessary. In addition, Amazon has begun testing its Alexa smart speaker in Brazil, where the Alexa Echo is currently available. Moreover, South Africa's economy is not particularly well-established. In addition, Voice user interface technology is steadily gaining traction in Latin America, with several smart speaker producers in Argentina.

The Brazil market dominated the LAMEA Mobile Voice Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $12.1 Billion by 2028. The Argentina market is experiencing a CAGR of 8.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 7.6% during (2022 - 2028).

Based on Transmission, the market is segmented into Wireless and Wireline. Based on End User, the market is segmented into Consumer/Residential and Business. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.

Scope of the Study

Market Segments Covered in the Report:

By Transmission

  • Wireless
  • Wireline

By End User

  • Consumer/Residential
  • Business

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • 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

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Related Reports:

Global Mobile Voice Market Report 2022-2028

North America Mobile Voice Market Report 2022-2028

Asia Pacific Mobile Voice Market Report 2022-2028

Europe Mobile Voice Market Report 2022-2028

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