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South Korea Wholesale Telecom Carrier Market

ID: MRFR/ICT/55984-HCR
200 Pages
Aarti Dhapte
February 2026

South Korea Wholesale Telecom Carrier Market Size, Share and Trends Analysis Report By Solutions (Voice Termination, SMS Messaging Services, VoIP Solutions, Data Roaming Services, International Call Services, SIP Trunking, Mobile Number Portability, Cloud Communication Services, Network Security Solutions), By Organization Size (SMEs, Large Enterprises) and By Passive Device Type (Internet Service Providers (ISPS), Mobile Network Operators (MNOs), VoIP Service Providers, Cable TV Operators, Government Agencies, Educational Institutes, Content Providers, Others)-Forecast to 2035

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South Korea Wholesale Telecom Carrier Market Infographic
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South Korea Wholesale Telecom Carrier Market Summary

As per Market Research Future analysis, the South Korea wholesale telecom-carrier market Size was estimated at 17538.78 USD Million in 2024. The South Korea wholesale telecom-carrier market is projected to grow from 19757.44 USD Million in 2025 to 65000.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 12.6% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The South Korea wholesale telecom-carrier market is experiencing robust growth driven by technological advancements and evolving consumer demands.

  • The adoption of 5G technology is reshaping the South Korean telecom landscape, enhancing connectivity and service offerings.
  • Sustainability initiatives are gaining traction among telecom carriers, reflecting a broader commitment to environmental responsibility.
  • Collaborative partnerships are emerging as a strategic approach to enhance service delivery and expand market reach.
  • Rising demand for data services and regulatory framework enhancements are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 17538.78 (USD Million)
2035 Market Size 65000.0 (USD Million)
CAGR (2025 - 2035) 12.65%

Major Players

AT&T (US), Verizon (US), Deutsche Telekom (DE), NTT Communications (JP), Orange (FR), Telefónica (ES), China Telecom (CN), Vodafone (GB), KDDI (JP)

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South Korea Wholesale Telecom Carrier Market Trends

The market in South Korea is characterized by a dynamic landscape driven by technological advancements and regulatory changes. The country boasts a highly developed telecommunications infrastructure, which facilitates robust competition among carriers. This competitive environment encourages innovation and the adoption of new technologies, such as 5G and IoT, which are becoming increasingly integral to service offerings. Additionally, the government's proactive stance on digital transformation and investment in telecommunications infrastructure supports the growth of this market. As a result, carriers are likely to explore new business models and partnerships to enhance service delivery and customer experience. Moreover, the market is witnessing a shift towards more collaborative approaches among industry players. This trend is evident in the increasing number of alliances and partnerships aimed at expanding service portfolios and improving operational efficiencies. The focus on sustainability and green technologies is also gaining traction, as carriers seek to reduce their environmental impact while meeting the demands of a more eco-conscious consumer base. Overall, the market appears poised for continued growth, driven by innovation, collaboration, and a commitment to sustainability.

Adoption of 5G Technology

The wholesale telecom-carrier market is experiencing a significant shift with the widespread adoption of 5G technology. This advancement enables carriers to offer enhanced data speeds and improved connectivity, which are essential for supporting emerging applications such as smart cities and autonomous vehicles. As competition intensifies, carriers are likely to invest heavily in infrastructure to capitalize on the benefits of 5G.

Focus on Sustainability

Sustainability is becoming a central theme within the market. Carriers are increasingly prioritizing eco-friendly practices and technologies to reduce their carbon footprint. This trend reflects a growing awareness of environmental issues and aligns with consumer expectations for responsible corporate behavior.

Collaborative Partnerships

The trend towards collaborative partnerships is gaining momentum in the market. Carriers are forming alliances to enhance service offerings and improve operational efficiencies. These partnerships may involve sharing infrastructure or co-developing new technologies, which can lead to cost savings and better service delivery.

South Korea Wholesale Telecom Carrier Market Drivers

Rising Demand for Data Services

The demand for data services in South Korea continues to surge, driven by the proliferation of smart devices and the increasing consumption of digital content. As of 2025, mobile data traffic is projected to grow by approximately 30% annually, significantly impacting the wholesale telecom-carrier market. This trend compels carriers to enhance their infrastructure and expand capacity to meet consumer expectations. Additionally, the rise of IoT applications and smart city initiatives further fuels this demand, creating opportunities for wholesale carriers to provide tailored solutions. Consequently, the wholesale telecom-carrier market is likely to experience robust growth as carriers strive to accommodate the escalating data requirements of both consumers and businesses.

Emergence of New Business Models

The wholesale telecom-carrier market is witnessing the emergence of innovative business models that cater to changing consumer preferences. Subscription-based services and pay-as-you-go options are gaining traction, allowing customers to select plans that align with their usage patterns. This shift is indicative of a broader trend towards flexibility and personalization in service offerings. Additionally, partnerships with content providers and technology firms are becoming more common, enabling carriers to bundle services and enhance value propositions. As these new business models take root, they may reshape competitive dynamics within the wholesale telecom-carrier market, compelling traditional carriers to adapt or risk losing market relevance.

Increased Focus on Cybersecurity

As the wholesale telecom-carrier market expands, the importance of cybersecurity has become increasingly pronounced. With the rise in cyber threats, carriers are compelled to invest in robust security measures to protect their networks and customer data. The South Korean government has introduced regulations mandating stricter cybersecurity protocols, which could influence operational practices within the wholesale telecom-carrier market. This heightened focus on security not only safeguards infrastructure but also builds consumer trust. Carriers that prioritize cybersecurity may differentiate themselves in a competitive landscape, potentially leading to increased customer loyalty and market share. The ongoing evolution of cybersecurity strategies is likely to play a pivotal role in shaping the future of the wholesale telecom-carrier market.

Regulatory Framework Enhancements

The regulatory landscape in South Korea is evolving, with the government actively promoting competition within the wholesale telecom-carrier market. Recent initiatives aim to streamline licensing processes and reduce barriers for new entrants. This regulatory support is expected to foster innovation and enhance service offerings. For instance, the Korea Communications Commission has implemented measures to ensure fair access to infrastructure, which could lead to a more dynamic market environment. As a result, existing carriers may need to adapt their strategies to maintain competitiveness, while new players could emerge, potentially increasing market share. The overall impact of these regulatory enhancements is likely to stimulate growth and investment in the wholesale telecom-carrier market.

Technological Advancements in Network Infrastructure

Technological innovations are reshaping the wholesale telecom-carrier market in South Korea. The ongoing deployment of advanced network infrastructure, such as fiber-optic technology and next-generation routers, enhances service quality and reliability. These advancements enable carriers to offer higher bandwidth and lower latency, which are critical for supporting emerging applications like virtual reality and augmented reality. Furthermore, the integration of artificial intelligence in network management is expected to optimize operational efficiency. As a result, carriers that invest in these technologies may gain a competitive edge, positioning themselves favorably within the wholesale telecom-carrier market. The potential for improved service delivery could attract more customers and drive revenue growth.

Market Segment Insights

By Solution: Cloud Communication Services (Largest) vs. VoIP Solutions (Fastest-Growing)

Within the South Korea wholesale telecom-carrier market, the distribution of market share among various solution segments showcases a competitive landscape driven by technological advancements. Notably, Cloud Communication Services stands out as the largest segment, capturing a significant portion of the overall market amidst the rise of digital transformation. Other prominent segments include VoIP Solutions and Data Roaming Services, each contributing to a diverse portfolio of telecom offerings, crucial for meeting varied customer needs. In terms of growth trends, VoIP Solutions are emerging as the fastest-growing segment, fueled by an increasing demand for cost-effective communication methods. Factors such as the widespread adoption of mobile devices and the transition to cloud-based services are driving an upward trajectory in this segment. Simultaneously, enhanced focus on Network Security Solutions and data-driven communication strategies is expected to sustain growth across the board as businesses seek to optimize their operations in a rapidly evolving digital landscape.

Cloud Communication Services (Dominant) vs. VoIP Solutions (Emerging)

Cloud Communication Services serve as a dominant force characterized by their comprehensive offerings that include Voice over IP, messaging, and collaboration tools, all integrated to enhance customer interaction and streamline operations. This segment effectively caters to the needs of businesses looking to adopt flexible communication strategies. On the other hand, VoIP Solutions are gaining traction as emerging offerings, driven by their affordability and superior call quality. The shift towards remote work and telecommuting has further increased the relevance of VoIP in today's market. Both segments are pivotal in shaping the future of communication services, with Cloud Communication Services appealing to larger enterprises, while VoIP Solutions attract small to medium-sized enterprises seeking budget-friendly options.

By Organization Size: SMEs (Largest) vs. Large Enterprises (Fastest-Growing)

In the South Korea wholesale telecom-carrier market, SMEs represent the largest portion of the organization size segment, holding a significant share as they increasingly adopt telecom solutions to enhance operational efficiency. Large Enterprises, while smaller in terms of overall market share compared to SMEs, are rapidly growing as they expand their digital infrastructure and seek advanced telecom services to support their complex operations. The growth trends in this segment are largely driven by the digital transformation initiatives undertaken by Large Enterprises, which are focusing on innovative telecom solutions to streamline processes and improve customer engagement. Meanwhile, SMEs continue to show resilience and adaptability, embracing new technologies to compete effectively in a saturated market. The increasing demand for reliable communication and data services is creating a favorable environment for both segment values to thrive in the evolving market landscape.

SMEs (Dominant) vs. Large Enterprises (Emerging)

In the South Korea wholesale telecom-carrier market, SMEs are characterized by their flexibility and ability to quickly adopt new technologies. They typically require cost-effective, scalable telecom solutions to manage their growing communication needs, making them a dominant force in this market. On the other hand, Large Enterprises are emerging as key players by investing heavily in robust telecom infrastructures that cater to their extensive operations. They demand high-capacity, reliable services which are critical to their business continuity and expansion plans. The competitive landscape is becoming increasingly vibrant as both organization sizes strive to enhance their market position through innovative approaches, partnerships, and technology implementation.

By End User: Mobile Network Operators (Largest) vs. Internet Service Providers (Fastest-Growing)

In the South Korea wholesale telecom-carrier market, the end-user segment showcases a diverse distribution among various categories. Mobile Network Operators (MNOs) hold the largest share, serving as the primary channel for mobile communications. Internet Service Providers (ISPs), while smaller in market share, are emerging as a significant force due to the increasing demand for high-speed internet access, particularly with the growing trend of remote work and online entertainment. The growth trends in this segment are driven by technological advancements and changing consumer behaviors. MNOs continue to invest heavily in infrastructure upgrades to support 5G networks, which in turn fuels their market dominance. Conversely, ISPs are experiencing rapid growth spurred by the expansion of broadband services and the rise of streaming platforms that need reliable internet connectivity, making them a vital part of the telecom ecosystem.

MNOs (Dominant) vs. ISPs (Emerging)

Mobile Network Operators (MNOs) are the dominant players in the South Korea wholesale telecom-carrier market, providing extensive cellular network coverage and robust mobile services. Their infrastructure investments in next-generation technologies like 5G have positioned them as leaders in mobile telecommunication, catering to a vast customer base that values high-speed connectivity and reliable service. Meanwhile, Internet Service Providers (ISPs) are an emerging segment, gaining traction as consumers increasingly seek high-quality internet services for both residential and commercial use. The rise of digital content consumption and remote services is propelling ISPs into prominence, demanding enhanced broadband solutions. This dynamic showcases a robust competitive landscape where both MNOs and ISPs play crucial roles in shaping the future of telecommunications.

Get more detailed insights about South Korea Wholesale Telecom Carrier Market

Key Players and Competitive Insights

The wholesale telecom-carrier market in South Korea is characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for high-capacity data services. Key players such as AT&T (US), Deutsche Telekom (DE), and NTT Communications (JP) are strategically positioned to leverage their global networks and innovative solutions. These companies focus on enhancing their service offerings through digital transformation initiatives, partnerships, and regional expansions, which collectively shape a competitive environment that is increasingly reliant on advanced technologies and customer-centric solutions.
In terms of business tactics, companies are increasingly localizing their operations and optimizing supply chains to enhance efficiency and responsiveness to market demands. The market structure appears moderately fragmented, with several key players exerting considerable influence. This fragmentation allows for a variety of service offerings, yet the collective strategies of major companies like Verizon (US) and China Telecom (CN) suggest a trend towards consolidation and strategic alliances to enhance market presence and operational capabilities.
In October 2025, AT&T (US) announced a significant partnership with a leading South Korean tech firm to enhance its 5G infrastructure capabilities. This collaboration is expected to bolster AT&T's service delivery in the region, allowing for improved network reliability and speed, which are critical in meeting the growing demand for data services. The strategic importance of this partnership lies in its potential to position AT&T as a leader in the competitive landscape, particularly as businesses increasingly rely on robust telecommunications infrastructure.
In September 2025, Deutsche Telekom (DE) launched a new initiative aimed at expanding its cloud services tailored for the South Korean market. This move is indicative of the company's commitment to digital transformation and reflects a broader trend where telecom carriers are diversifying their service portfolios beyond traditional offerings. By enhancing its cloud capabilities, Deutsche Telekom aims to capture a larger share of the enterprise market, which is increasingly seeking integrated solutions that combine telecommunications and cloud services.
In August 2025, NTT Communications (JP) unveiled a new data center in South Korea, designed to support the growing demand for data storage and processing capabilities. This strategic investment underscores NTT's focus on expanding its footprint in the Asia-Pacific region and enhancing its service offerings. The establishment of this data center is likely to strengthen NTT's competitive position by providing local businesses with access to advanced data solutions, thereby fostering innovation and growth in the region.
As of November 2025, current competitive trends in the wholesale telecom-carrier market are heavily influenced by digitalization, sustainability initiatives, and the integration of AI technologies. Strategic alliances are increasingly shaping the landscape, as companies recognize the need for collaboration to drive innovation and enhance service delivery. Looking ahead, competitive differentiation is expected to evolve, with a notable shift from price-based competition towards a focus on technological innovation, reliability of supply chains, and the ability to deliver customized solutions that meet the specific needs of businesses.

Key Companies in the South Korea Wholesale Telecom Carrier Market include

Industry Developments

Recent developments in the South Korea Wholesale Telecom Carrier Market include continued advancements in 5G technology, with major players such as LG Uplus and SK Telecom enhancing their networks to accommodate increasing demand for data services. In November 2023, SK Telecom announced a partnership with Deutsche Telekom to develop next-generation network solutions aimed at improving connectivity and efficiency in the region.

The market has been witnessing significant growth, partly fueled by the increasing adoption of Internet of Things (IoT) technologies, which has elevated the operational capabilities of multiple telecom operators like KT Corporation and China Unicom. Additionally, ongoing efforts towards deregulation by the South Korean government have encouraged competition, leading to strategic collaborations and investments within the sector.

Notably, a merger between Tata Communications and a local telecommunications entity was finalized in October 2023, allowing for enhanced service offerings and expansion in South Korea. The demand for international bandwidth has also spurred investment from international players such as Zayo Group and NTT Communications, further strengthening the wholesale telecom landscape in the country. Over the past few years, market valuations have steadily increased, indicative of a robust and evolving telecom environment in South Korea.

Future Outlook

South Korea Wholesale Telecom Carrier Market Future Outlook

The wholesale telecom-carrier market in South Korea is projected to grow at a 12.65% CAGR from 2025 to 2035, driven by technological advancements and increasing demand for connectivity.

New opportunities lie in:

  • Expansion of 5G infrastructure to enhance service offerings.
  • Development of IoT connectivity solutions for smart cities.
  • Partnerships with cloud service providers to create bundled services.

By 2035, the market is expected to achieve robust growth and increased competitiveness.

Market Segmentation

South Korea Wholesale Telecom Carrier Market End User Outlook

  • Internet Service Providers (ISPS)
  • Mobile Network Operators (MNOs)
  • VoIP Service Providers
  • Cable TV Operators
  • Government Agencies
  • Educational Institutes
  • Content Providers
  • Others

South Korea Wholesale Telecom Carrier Market Solution Outlook

  • Voice Termination
  • SMS Messaging Services
  • VoIP Solutions
  • Data Roaming Services
  • International Call Services
  • SIP Trunking
  • Mobile Number Portability
  • Cloud Communication Services
  • Network Security Solutions
  • Interconnection Services
  • MPLS (Multiprotocol Label Switching) Solutions
  • Bandwidth on Demand
  • Colocation Services
  • Hosted PBX Services
  • Virtual Private Network (VPN) Services
  • Data Center Services
  • Ethernet Services
  • Content Delivery Network (CDN) Services
  • Mobile Virtual Network Enabler (MVNE) Services
  • International Data Services
  • Dark Fiber Services
  • Internet Exchange Point (IXP) Services
  • Satellite Communication Services
  • IoT Connectivity Solutions
  • Cloud Connectivity Services
  • Voice over LTE (VoLTE) Services
  • 5G Network Services
  • Network Monitoring and Management Services
  • Disaster Recovery Services
  • Network Consulting Services
  • Managed Network Services
  • Mobile Device Management (MDM) Solutions
  • Network Virtualization Services
  • DDoS Protection Services
  • Internet Transit Services
  • Mobile Advertising Solutions
  • Mobile Payment Solutions
  • Network Equipment Sales and Leasing
  • Video Conferencing Services
  • Unified Communications Solutions
  • Network Traffic Optimization
  • Fraud Management Solutions
  • Network Performance Monitoring
  • Software-Defined Networking (SDN) Solutions
  • Business Continuity Services
  • Blockchain-based Telecom Solutions
  • Wholesale Voice Trading Platforms
  • Network Capacity Planning
  • Over-the-Top (OTT) Service Solutions
  • Network Infrastructure Management Services
  • Multi-Cloud Connectivity Services
  • Others

South Korea Wholesale Telecom Carrier Market Organization Size Outlook

  • SMEs
  • Large Enterprises

Report Scope

MARKET SIZE 2024 17538.78(USD Million)
MARKET SIZE 2025 19757.44(USD Million)
MARKET SIZE 2035 65000.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 12.65% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled AT&T (US), Verizon (US), Deutsche Telekom (DE), NTT Communications (JP), Orange (FR), Telefónica (ES), China Telecom (CN), Vodafone (GB), KDDI (JP)
Segments Covered Solution, Organization Size, End User
Key Market Opportunities Expansion of 5G infrastructure and services enhances competitive positioning in the wholesale telecom-carrier market.
Key Market Dynamics Intensifying competition among carriers drives innovation and pricing strategies in the wholesale telecom-carrier market.
Countries Covered South Korea
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FAQs

What is the expected market size of the South Korea Wholesale Telecom Carrier Market in 2024?

The market is expected to be valued at approximately 22.09 billion USD in 2024.

What is the forecasted market size for the South Korea Wholesale Telecom Carrier Market by 2035?

By 2035, the market is projected to reach a value of around 99.84 billion USD.

What is the expected compound annual growth rate (CAGR) for the South Korea Wholesale Telecom Carrier Market from 2025 to 2035?

The expected CAGR for the market from 2025 to 2035 is 14.7%.

What is the market share of the Voice Termination solution in 2024?

Voice Termination is valued at about 5.0 billion USD in the year 2024.

How much is the SMS Messaging Services segment expected to be valued in 2035?

The SMS Messaging Services segment is expected to be valued at approximately 18.0 billion USD in 2035.

Which companies are considered key players in the South Korea Wholesale Telecom Carrier Market?

Major players in the market include LG Uplus, China Unicom, SK Telecom, and KT Corporation.

What is the projected value of the International Call Services market in 2024?

International Call Services is expected to be valued at around 5.59 billion USD in 2024.

What significant opportunities exist for growth in the South Korea Wholesale Telecom Carrier Market?

Key opportunities for growth include advancements in VoIP solutions and increasing demand for data roaming services.

How much is the Data Roaming Services segment projected to grow to by 2035?

Data Roaming Services is projected to reach approximately 18.0 billion USD by 2035.

What challenges might impact the South Korea Wholesale Telecom Carrier Market?

Challenges may include regulatory limitations and intense competition among existing players.

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