Global Telecom Managed Services Market Size And Forecast To 2025

Market Overview:

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.

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Market Dynamics:

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 Providers Impact

Market Segmentation:

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
2.7 Others

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

Competitive Landscape:
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
8. Sprint.Com
9. AT&T Inc.
10. Cisco Systems, Inc.
11. Centurylink
12. Tech Mahindra Limited
13. Amdocs Inc.
14. Unisys

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 RESEARCH:

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.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team

Geographical Analysis- Global Market Regional Analysis

What is the Report key Matric point?

Report Metric	Details
Market Study Available for Years	2017–2030 Customize as per Requirement
Base year Considered	2020 Customize as per Requirement
Historical Period	2017- 2019
Forecast Period	2021–2030 Customize as per Requirement
Forecast Units	Value (USD Million, Billion) As per Market
Segments Covered	Type, Application, and Region- Customize as per Requirement
Geographies Covered	North America, Europe, Asia Pacific, Latin America, Middle East Africa and RoW- Customize as per Requirement