Global Telecom Managed Services Market
The Global Telecom Managed Services Market was valued at USD 10.40 billion in 2016 and is projected to reach USD 33.57 billion by 2025, growing at a CAGR of 13.9% from 2017 to 2025.
Managed Service is the practice of outsourcing on a proactive basis management responsibilities and functions and a strategic method for improving operations and cutting expenses. Telecom Managed Service benefits the telecom industry, helping them with improved communication, enhanced team collaboration, increase flexibility, comprehensive reporting, provides premier customer services, and improves security.
1. Market Drivers
1.1 Growth in the Technology Industry
1.2 Increasing Attention on Core Business and Core Activities
1.3 Cost Effectiveness for Managing Enterprise Infrastructure
1.4 High Operational Efficiency, Reliability, and Agility in the Business Process
1.5 Less Risk Associated with Business Operation Security
1.6 Increasing trends in BYOD and IoT
2. Market Restraints
2.1 Concerns for Revealing Confidential Information to Msps
2.2 Cloud Managed Service Providersâ€™ Impact
The Global Telecom Managed Services Market is segmented on the basis of organization size, service type, and region.
1. By Organization Size:
1.1 Large Companies
1.2 Mid-sized Companies
1.3 Small Companies
2. By Service Type:
2.1 Managed Communications Services
2.2 Managed Data Center
2.3 Managed Data and Information Services
2.4 Managed Security Services
2.5 Managed Mobility Services
2.6 Managed Network Services
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
1. Ericsson AB
2. NTT Data Corporation
3. Huawei Technologies Co Ltd
4. Comarch SA
5. IBM Corporation
6. GTT Communications Inc
7. Verizon Communications Inc
9. AT&T Inc.
10. Cisco Systems, Inc.
12. Tech Mahindra Limited
13. Amdocs Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Telecom Managed Services Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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