The year 2014 represents the peak for worldwide voice traffic. International call minutes decreased the list below year, for the very first time because the Great Anxiety– and it’s been downhill since.
The downturn in voice traffic has actually developed into a full-blown retreat, as providers’ traffic fell by 4.0% in 2018, by 6.2% in 2019 and by an additional 7.2% in 2020.
The COVID-19 pandemic stimulated a short-term rally in worldwide call volumes in early 2020, however things practically gone back to the brand-new regular. Traffic fell an additional 6.1% in 2021.
By these requirements, 2022 was really not a bad year, as traffic fell by “just” 5.8%.
By these requirements, 2022 was really not a bad year, as traffic fell by “just” 5.8%.
Down We Go …
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Notes: Information for 2023 are forecasts. Source: TeleGeography, © 2023 TeleGeography
In Between 1983 and 2007, worldwide phone traffic grew at a compounded yearly development rate (CAGR) of 15%, and traffic grew an even quicker 21% CAGR in between 1927 and 1983.
It’s tough to think then that the current decrease in traffic suggests that individuals have actually disliked interacting with loved ones abroad. Rather, it recommends that they are turning to other methods of corresponding.
Where Did the Minutes Go?
You’ll discover responses in our brand-new International Voice Report Executive Summary
This analysis covers worldwide call traffic, cross-border OTT traffic, wholesale incomes and traffic, traffic volumes of significant providers, and more.