The yr 2014 represents the height for worldwide voice site visitors. Worldwide name minutes declined the next yr, for the primary time because the Nice Despair—and it has been downhill ever since.
The hunch in voice site visitors has changed into a full-scale retreat, as carriers’ site visitors fell by 4.0% in 2018, by 6.2% in 2019 and by an additional 7.2% in 2020.
The COVID-19 pandemic spurred a short-term rally in worldwide name volumes in early 2020, however issues just about returned to the brand new regular. Site visitors fell an additional 6.1% in 2021.
By these requirements, 2022 was truly not a nasty yr, as site visitors fell by “solely” 5.8%.
By these requirements, 2022 was truly not a nasty yr, as site visitors fell by “solely” 5.8%.
Down We Go…
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Notes: Information for 2023 are projections. Supply: TeleGeography, © 2023 TeleGeography
Between 1983 and 2007, worldwide cellphone site visitors grew at a compounded annual development fee (CAGR) of 15%, and site visitors grew an excellent quicker 21% CAGR between 1927 and 1983.
It is exhausting to consider then that the latest decline in site visitors implies that folks have misplaced curiosity in speaking with family and friends overseas. Slightly, it means that they’re turning to different technique of preserving in contact.
The place Did the Minutes Go?
You may discover solutions in our new Worldwide Voice Report Govt Abstract.
This evaluation covers worldwide name site visitors, cross-border OTT site visitors, wholesale revenues and site visitors, site visitors volumes of main carriers, and extra.
