The global competitive local exchange carriers (CLEC) market is expected to grow at a significant CAGR during the forecast period. The major factors propelling the growth of the market include cost-effectiveness associated with flexibility and scalability of CLEC. Additionally, the rising application of cost-effective tariff plans and increasing demand for high bandwidth and developed telecom services. A CLEC (Competitive Local Exchange Carrier) is a local voice service provider that connects to Incumbent Local Exchange Carriers and/or other LECs to provide local exchange telecommunications services.
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The phrase comes from the Telecommunications Act of 1996, which was designed to foster competition among both long-distance and local phone service providers. It differentiates new or potential competitors from existing local exchange carriers (LECs). The key players contributing to the growth of the market include AT&T Inc., Enventis Telecom Inc., EarthLink Inc., InterGlobe Communications, among others. These market players are focusing on the adoption of various strategies such as product launches & developments, mergers and acquisitions, and partnerships and collaborations.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered-
o By Product Type
o By End-User
· Competitive Landscape- AT&T Inc., Enventis Telecom Inc., EarthLink Inc., and InterGlobe Communications, among others.
Key questions addressed by the report
· What is the market growth rate?
· Which segment and region dominates the market in base year?
· Which segment and region will project fastest growth in the market?
· How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
Global Competitive Local Exchange Carriers (CLEC) market- Segmentation
By Product Type
• End-User Switch Assess Lines
• VoIP Subscriptions
By End-User
• Fiber to the Premises (FTTP)
• Terrestrial Fixed Wireless
• Copper Local Loop
• Coaxial Cable
A full report of Competitive Local Exchange Carriers (CLEC) Market is available at: https://www.omrglobal.com/industry-reports/competitive-local-exchange-carriers-clec-market
Competitive Local Exchange Carriers (CLEC) Market– Segment by Region
North America
· United States
· Canada
Europe
· Germany
· United Kingdom
· France
· Spain
· Italy
· Rest of Europe
Asia-Pacific
· China
· Japan
· India
· Rest of Asia-Pacific
Rest of the World
· Middle East & Africa
· Latin America
Company Profiles
· AT&T Inc.
· Enventis Telecom Inc.
· EarthLink Inc.
· InterGlobe Communications
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