The global competitive local exchange carriers (CLEC) market is expected to grow at a significant CAGR during the forecast period (2021-2027). 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. 

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

Global Competitive Local Exchange Carriers (CLEC) market - Segmentation by region