The global competitive local exchange carriers market is projected to expand at a sustainable CAGR during the forecast period, 2021 – 2028. The growth of the market is attributed to developments in the telecommunications industry such as innovation in LMDS, fiber optics networks, and DSL.
CLECs are local area companies that lease or buy telephone lines and switches from major telecom operators to provide end-users with low cost and high-quality telephone services. CLECs are preferred for local data transmission over ILECs, as they provide better service in terms of speed and bandwidth.
The report on the global competitive local exchange carriers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Competitive Local Exchange Carriers (CLEC) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Product Type (VoIP Subscriptions and End-user Switch Assess Lines), Applications (Copper Local Loop, Fiber To The Premises (FTTP), Coaxial Cable, and Terrestrial Fixed Wireless), and Regions |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
EarthLink Inc., InterGlobe Communications, AT&T Inc., Enventis Telecom Inc., CenturyLink Inc., Granite LLC, Verizon Comm, TelePacific Communications, Tw Telecom, Integra Telecom, RCN Corporation, Digital Network Access Comm. Inc., Broadview Networks, Windstream Corp., XO Comm, and World Communications Inc |
Based on product types, the global competitive local exchange carriers market is divided into VoIP subscriptions and end-user switch assess lines. The VoIP segment accounts for a key share of the market and is anticipated to expand at a rapid pace during the forecast period. Several wireless telecommunications companies worldwide are focused on implementing facilities-based VoIP services over fiber-based networks and developing innovative technologies to provide enhanced telephone services to end-users, which is expected to boost the CLEC market. Networks need high quality of service to run apps such as VoIP for video conferencing to prevent latency and other irregularities. This is expected to drive the market. Progress of 4G and 5G technology that uses Voice over Internet Protocol (VoIP) is providing profitable opportunities for companies in developed countries such as the UK, Germany, and the US.
On the basis of applications, the global competitive local exchange carriers market is segregated into copper local loop, fiber to the premises (FTTP), coaxial cable, and terrestrial fixed wireless. The FTTP segment is estimated to hold a major market share of the total revenue.
In terms of regions, the global competitive local exchange carriers market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The growth of the market in North America is attributed to well-established regulatory changes and industry standards. Presence of major service providers in the region is a key factor responsible for the regional growth. The expansion of IT infrastructure in Asia Pacific, especially in India, Japan, and China is expected to boost CLEC sales in the region.
The global competitive local exchange carriers market has been segmented on the basis of
Key players in the global competitive local exchange carriers market include EarthLink Inc., InterGlobe Communications, AT&T Inc., Enventis Telecom Inc., CenturyLink Inc., Granite LLC, Verizon Comm, TelePacific Communications, Tw Telecom, Integra Telecom, RCN Corporation, Digital Network Access Comm. Inc., Broadview Networks, Windstream Corp., XO Comm, and World Communications Inc.
Major players in the market are investing majorly in R&D to improve technological capability and accuracy of their products. The players are focusing on strategic alliances to gain a competitive advantage in the market. Rapid industrial growth, urbanization, and development in communication technology are the major factors driving the market.
The global competitive local exchange carriers market has been segmented on the basis of
Key players in the global competitive local exchange carriers market include EarthLink Inc., InterGlobe Communications, AT&T Inc., Enventis Telecom Inc., CenturyLink Inc., Granite LLC, Verizon Comm, TelePacific Communications, Tw Telecom, Integra Telecom, RCN Corporation, Digital Network Access Comm. Inc., Broadview Networks, Windstream Corp., XO Comm, and World Communications Inc.
Major players in the market are investing majorly in R&D to improve technological capability and accuracy of their products. The players are focusing on strategic alliances to gain a competitive advantage in the market. Rapid industrial growth, urbanization, and development in communication technology are the major factors driving the market.
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