Telecom Managed Services Market Research Report 2019 Elaborate Analysis with Growth Forecast To 2022
MarketsandMarkets™forecasts a new market research report on “The telecom managed services marketsize is estimated to grow from USD 11.90 billion in 2017 to USD 22.58 billionby 2022, at a Compound Annual Growth Rate (CAGR) of 13.7%. Telecom managedservices enables Communication Service Providers (CSPs) to successfullyencounter the ever changing business, technology, and customer requirements.Managed services also provide real-time customer experience while enhancingtheir service agility, operational efficiency, and profitability. Telecommanaged services enables service providers around the world to improve theirBSS/OSS operations that include revenue assurance, fraud management, assetassurance, cost management, and others.
Browse 79 market data tables and 72figures spread through 146 pages and in-depth TOC on "Telecom Managed Services Market by Service Type (ManagedData Center, Managed Network, Managed Data and Information, Managed Mobility,Managed Communication, and Managed Security), Organization Size, and Region -Global Forecast to 2022"
Major Key Leaders:
The major vendors in the telecom managed services market areAmdocs (US), AT&T (US), CenturyLink (US), Cisco Systems, Inc. (US), ComarcaS.A. (Poland), Ericsson AB (Sweden), GTT Communications, Inc. (US), HuaweiTechnologies Co., Ltd. (China), IBM (US), NTT Data (Japan), Sprint.com (US),Tech Mahindra (India), Unisys (US), and Verizon (US).
The managed mobility services segment in the telecom managedservices markets is projected to grow at the highest rate during the forecastperiod. Enterprise mobility is prevalent in the organization due to theincreasing trend of BYOD and Corporate Owned Personal Device (COPD) across theglobe. It is very important for the enterprises to have more focus towards themanagement and security of mobility devices. The key trends which are drivingthis market include growing consumption in productivity applications, workforcedecentralization, globalization of business, prominence of cloud-basedenterprise mobility management, and robust environment for smartphones andtablets across organizations
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The SMEs segment is expected to grow at the highest CAGR in the telecommanaged services market during the forecast period. With the increasing numberof SMEs worldwide, the requirement of managed services is also increasing. TheSMEs has the limited in-house network and IT infrastructure capabilities,therefore, they mostly prefer to outsourced managed service from serviceproviders. Managed services have become the central part of the businessprocess due to its flexibility and ease of use and are expected to grow in thecoming years.
Asia Pacific (APAC) is expected to be the fastest-growing regionin the telecom managed services market during the forecast period. The enormouspopulation in this region has led to an extensive pool of telecom companies. InAPAC, the organization is rapidly adopting managed service for managing theirnetwork, IT services, data center, security, and BSS/OSS services. The adventof technologies such as cloud and mobility has been impacting the managedservices market. SMEs are rapidly outsourcing ICT services owing toflexibility, convenience, and low-cost factor. The growth in APAC is mainlydriven by the increasing internet and mobile services and establishments of newdata centers in China, India, Singapore, and Australia.
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Key Target Audience for Telecom Managed Services Market
- Communications Service Provider
- Managed Service Providers
- Government Agencies
- IT Security Agencies
- Mobile Network Operators
- Mobile Virtual Network Operators
- Infrastructure Architects
- Open-Source Platform Providers
- System Integrators
- External Service Providers
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