Juniper Research, in partnership with Vox Solutions, published a study on expected developments in the voice market.The study concludes that the global mobile voice market value is likely to increase from $240 billion 2022 to $200 billion, by the end of 2026. But operators can continue to grow voice revenues with many new opportunities.
Hongkong, January 24, 2023 /PRNewswire/ — Juniper Research and Vox Solutions, a leader in mobile voice and messaging monetization solutions, have partnered to release a new white paper titled ‘The Future of Monetizable Voice‘. The paper, authored by Juniper Research, begins by forecasting that the total revenue of the mobile voice market will increase from $240 billion 2022 to $200 billion By the end of 2026.
The sharp drop in revenue is not only due to the continued migration of P2P voice traffic to OTT channels, but also due to the rapid growth of fraudulent threats such as voice phishing.
But more importantly, the document then outlines some new opportunities that operators should consider to mitigate declining revenues. Some of these include:
“Declining mobile voice revenues have plagued operators for years, and the problem is expected to persist.As a result, operators must now focus more and more on service development to address voice-related ARPU (average revenue per user) declines,,” Say Sam BarkerDirector of Analytics and Forecasting, Juniper Research.
“Now is or never is the time for operators to partner with innovators like Vox Solutions to help them focus on new opportunities that exist in the voice market to optimize and protect their traffic and revenue. Vox Solutions stands at the crossroads of technology and telecommunications.This means it can use the latest technology and its broad portfolio of advanced monetization and fraud protection solutions to help operators simplify, secure and optimize their voice traffic and revenue globally,,” Say Essan AhmadiCEO and Founder of Vox Solutions.
The white paper concludes with an overview of the many benefits of using advanced monetization tools such as those offered by Vox Solutions. For example, mobile operators’ A2P revenues increased by at least 210% and P2P revenues by more than 50% in the first 12 months.
White paper available for free download here.
About Vox Solutions
VOX Group stands at the crossroads of technology and telecommunications and has been in the market for over 11 years. The company aims to improve, simplify and optimize international voice and messaging using the latest technological innovations. Its robust solutions serve mobile operators in areas such as voice and SMS monetization, including full operations outsourcing for MNOs.
The company has proven to be an innovation leader through the multiple anti-fraud awards it has won so far, and is a strong and influential player based on the number and impact of its monetization partnerships. Signed more than 20 monetized voice deals, incl. MNOs such as TIM, MTN or Beeline, whose past projects have increased their clients’ revenue by at least 210% on A2P streams and over 50% on P2P within the first 12 months of cooperation.
For the enterprise segment, VOX Solutions focuses on A2P messaging, A2P and P2P voice, while also offering solutions focused on cloud communications.
Its unique A2P voice monetization solution, VOX 360, has also won numerous global awards for innovations in anti-fraud and flash call authentication.
About Juniper Research
Juniper Research provides research and analysis services to the global high-tech communications industry, providing consulting, analytical reports, and industry reviews. To learn more, please contact us at www.juniperresearch.com.
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Source Vox Solutions