B2B Telecommunication Market

Aug 2020| VMR2667A| Verified Market Research

Report Highlights

B2B Telecommunication Market Size And Forecast

B2B Telecommunication Market was valued at USD 35.78 Billion in 2018 and is projected to reach USD 98.61 Billion by 2026, growing at a CAGR of 13.44% from 2019 to 2026.

Global B2B Telecommunication Market Outlook

Rising practices of latest technologies including cloud, IoT, VoIP, and others is expected to fuel the growth of the global B2B telecommunication market. The key players in the market are focused on offering services such as cloud and internet to enterprises, which helps to increase the demand for services for business applications. For instance, in June 2019, Poly launched Polycom Studio which is a business-class video conferencing solution. Moreover, increasing implementation of social media platforms among business owners is further expected to propel the market growth. However, the lack of security solutions regarding latest technology and lack of organizational swiftness in the service offered by B2B telecommunications providers are likely to impede the growth of the market.

Global B2B Telecommunication Market Competitive Landscape

The Global B2B Telecommunication Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Verizon Communications, Inc., AT&T Inc., Vodafone Group PLC, Telefonica, S.A., Sprint Corporation (SoftBank Group Corporation), Telstra Corporation Limited, Orange S.A., Deutsche Telekom AG, Amdocs Ltd, and NTT Communications Corporation.

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