Telecom managed services are helping the companies cut down expenses and focus on business strategies and activities, and the adoption of BYOD trends is a crucial market driving factor.
Market Size – USD 11.45 billion in 2019, Market Growth – CAGR of 14.1%, Market Trends – Increasing demand for cloud-based offerings
The Telecom Managed Services market is presumed to garner a valuation of USD 44.12 billion by 2027, growing at a CAGR of 14.1% throughout the forecast period. The market was valued at USD 11.45 billion in 2019. Telecom managed services help the companies cut down expenses and focus on business strategies and activities. Moreover, the rising penetration of smartphones and tablets has led to an increased usage of social media among individuals in a company. This has led to the generation of a large amount of data.
Telecom managed services improve businesses’ agility and efficiency by mitigating risks and limitations related to business operations and management. Telecom managed services predominantly deploys maintenance and operation of the routine business operations of the enterprise network infrastructure and services. This is anticipated to drive the growth of the market over the coming years. Telecom managed services allow the companies to increase the reliability of the business operations better.
Additionally, the advancements in the IoT sector is also likely to contribute to the growth of the telecom managed services market. Moreover, the emergence of 5G network technology is anticipated to create lucrative growth opportunities in the coming years. Telecom managed services offer operational efficiency, network optimizations, data security, portable services, and communication services such as LAN/WAN.
Some of the key players operating in the industry are AT&T, Amdocs, Cisco Systems, Inc., Huawei Technologies Co. Ltd., GTT Communications, NTT Data, Tech Mahindra, Verizon, Sprint.com, Windstream, Unisys, Ericsson AB, CenturyLink, Comarch S.A., and IBM, among others.
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Further Key Findings from the Report Suggests:
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For the purpose of this study, Reports and Data has segmented the Telecom Managed Services Market on the basis of service type, organization size, and region:
By Service Type (Revenue, USD Million; 2017–2027)
By Organization Size (Revenue, USD Million; 2017–2027)
By Region (Revenue, USD Million; 2017–2027)
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Table of Content:
Highlights of the TOC:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Telecom Managed Services Market Segmentation & Impact Analysis
4.1. Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
Chapter 5. Competitive Landscape
5.1. Market Revenue Share By Manufacturers
5.2. Manufacturing Cost Breakdown Analysis
5.3. Mergers & Acquisitions
5.4. Market positioning
5.5. Strategy Benchmarking
5.6. Vendor Landscape
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