Albany, NY -- (SBWIRE) -- 05/24/2016 -- Telecommunication modules were modified considerably as a result of the Telecommunication Act of 1996, which was passed in the United States, says a new market study by Transparency Market Research. The telecommunications industry and the competitive local exchange carriers market have both evolved considerably across the world since then. A new report by TMR studies the future prospects of the global competitive local exchange carriers market. The title of this report is "Competitive Local Exchange Carriers (CLEC) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020."

The report is prepared as a result of an extensive research phase. Analysts tapped into proprietary databases of accredited telecommunication agencies to assess the historical and current performance of the competitive local exchange carrier market. It also looks into important market indicators such as drivers, restraints, trends, and opportunities based on which growth prospects until the end of the forecast period are presented.

A competitive local exchange carrier (CLEC) refers to a telephone company that competes with organized local telephone companies by offering its own network and switching. CLEC is used to distinguish between new carriers of telecommunication services and established carriers of local exchanges. The findings of this report are valuable for industry players, stakeholders, and consultants to help them make informed business decisions.

The Telecommunication Act of 1996 brought radical changes in the functioning of telecommunication services in the U.S. It allows companies with CLEC status to carry out operations on incumbent local exchange carrier (ILEC) infrastructure via two modes: Accessibility to unbundled network components and resale. Thus, the rising demand for CLEC to provide a support network for the expanding telecommunication services worldwide is driving the global CLEC market. In addition, technological advances in other technologies such as DSL (digital subscriber line) and LMDS (local multipoint distribution system), and fiber optic networks will propel the growth of this market during the forecast period from 2014 to 2020. CLECs offer competitive prices for services that are at par with major telecom operators, thereby fueling the growth of this market.

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However, the high initial set up cost on part of the service providers for the deployment of a CLEC exchange, which service providers are reluctant about, is hampering the growth of this market. Service type connection, technology, and geography are the criteria based on which the global CLEC market is analyzed in this report. By service type connection, the segments of this market are switched access lines for end user and VoIP subscriptions. By technology, coaxial cable, fiber to the premises (FTTP), and terrestrial fixed wireless are the segments of this market. Geography-wise, the report segments the global CLEC market into North America, Asia Pacific, Europe, and Rest of the World.

The global CLEC market is highly fragmented due to the presence of a large number of small and large players such as XO Comm. LLC, RCN Corp, TelePacific Communications, AT&T Inc., Broadview Networks, and Verizon Comm. Inc. among others.

About Transparency Market Research (TMR)
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.