Telecom Managed Services Market 2019
A new report presented by Wise Guys Reports (WGR) reveals that the global telecom managed services market is set to grow at a compound annual growth rate (CAGR) of 14.9% between 2017 and 2026. The telecom managed services market size is expected increase from USD 11.25 billion in 2017 to USD 39.52 billion by 2026.
The telecom managed services is a common phenomenon for CSPs where Capital Expenditure (CapEx) model is moved to Operational Expenditure (OpEx) model so that operational efficiency can be achieved in all business processes. It also helps CSPs to pay attention towards their core business activities and take a new role in the value chain with new business model.
The companies opting for managed services outsource their business operation related services to ICT ecosystem on Service Level Agreements (SLA). It basically involves maintenance and day to day business operations of the enterprises network infrastructure and services.
The benefits offered by telecom managed services include cost reduction, improved efficiency etc which all are studied in the report. However, some of the challenges including effect on cloud managed service providers is also analysed in the report.
This report focuses on the top key players in global market, like
Cisco Systems, Inc. (US)
Comarch S.A. (Poland)
Ericsson AB (Sweden)
GTT Communications, Inc. (US)
Huawei Technologies Co., Ltd. (China)
NTT Data (Japan)
Tech Mahindra (India)
Global Telecom Managed Services Market: Segmental Analysis
The segmental analysis of the market has been conducted based on type, application and region.
By type, the market has been divided into Managed Data Center, Managed Network Services, Managed Data and Information Services, Managed Mobility Services, Managed Communications Services and Managed Security Services.
Based on application, the market has been divided into large enterprises, small and medium enterprises (SMEs) and others.
Global Telecom Managed Services Market: Regional Analysis
On the basis of region, the market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Rest of the World (RoW). In North America, countries such as the U.S. and Canada are covered. In Europe, countries such as the UK and Germany are covered. In APAC, countries such as Japan, China and India are covered. In Latin America, countries such as Brazil and Mexico are covered.
North America anticipates being the largest market share of telecom managed services in the coming years followed by the Asia Pacific (APAC) region. The reason for growth in the market size of North America is mainly due to technological advancement and managed business services and network services are expected to grow in the region during the coming next years. Also, the expansion in APAC is mainly due to increased use of internet and mobile services and establishments of new data centers in China, India, Singapore, and Australia. The rapid growth of the telecom industry in the countries such as Japan and South Korea is partly driving the market growth in the region. Cost reduction in managing enterprise infrastructure, reduced risk and improved operational efficiency of business systems are some of the factors pushing the global telecom managed services market
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