North America Mobile Voice Market

North America 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

Report Id: KBV-11975 Publication Date: October-2022 Number of Pages: 57
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Market Report Description

The North America Mobile Voice Market would witness market growth of 4.7% CAGR during the forecast period (2022-2028).

Inter-operator rivalry and the introduction of OTT messaging services prompted MNOs to offer inexpensive SMS packages that are frequently limitless. These bundles may then be utilized for A2P communications and are perfect for players who lack the capacity or motivation to establish direct access to the SS7 network. Flash calling will follow a similar path; however, due to the added complexity of utilizing the A number to verify the user or transaction, fraudulent players will be required to take more efforts to prevent the usage of flash calling platforms and the associated expense. Notably, brands and businesses do not now pay for official flash calling traffic, while the network owner, the operator, can charge a premium for this traffic if speech firewalls can identify it.

North America is one of the regions with the most rapid growth in the technology and development industry. The United States is home to the main market players, including Google, Amazon, Facebook, Apple, and Microsoft. Internationally, renowned for the superior quality of their goods and services, these corporations have widespread renown. Additionally, a significant proportion of US homes own smart speakers. Additionally, Tesla, one of the leading participants in the smart automobile industry that is incorporating mobile into its vehicles, is based in the United States. Additionally, Canadian firms such as snips would hasten the development of the Voice user interface.

In the twenty-first century, 5G, or fifth-generation wireless technology, will be a major contributor to the nation's wealth and security. The National Strategy to Secure 5G describes how the United States will lead the development, implementation, and management of a secure and dependable 5G infrastructure on a worldwide scale. Improving the security of 5G networks will necessitate a variety of measures from throughout the United States government, in close coordination with foreign and industry partners. The United States government is dedicated to supporting innovation and fulfilling the technological potential of 5G while continuing to protect economic and national security and guaranteeing sustained access to 5G networks. Consequently, these factors may contribute to the expansion of the regional mobile voice throughout the forecast period.

The US market dominated the North America Mobile Voice Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $103.2 Billion by 2028. The Canada market is poised to grow at a CAGR of 6.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.5% 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 U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Mobile Voice Market is Estimated 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

  • US
  • Canada
  • Mexico
  • Rest of North America

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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