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 72 figures spread through146 pages and in-depth TOC on "Telecom Managed Services Market by Service Type (Managed DataCenter, Managed Network, Managed Data and Information, Managed Mobility,Managed Communication, and Managed Security), Organization Size, and Region -Global Forecast to 2022"
Major Key Leaders:
Themajor vendors in the telecom managed services market are Amdocs (US), AT&T(US), CenturyLink (US), Cisco Systems, Inc. (US), Comarch S.A. (Poland),Ericsson AB (Sweden), GTT Communications, Inc. (US), Huawei Technologies Co.,Ltd. (China), IBM (US), NTT Data (Japan), Sprint.com (US), Tech Mahindra(India), Unisys (US), and Verizon (US).
The managedmobility services segment in the telecom managed services markets is projectedto grow at the highest rate during the forecast period. Enterprise mobility isprevalent in the organization due to the increasing trend of BYOD and CorporateOwned Personal Device (COPD) across the globe. It is very important for theenterprises to have more focus towards the management and security of mobilitydevices. The key trends which are driving this market include growingconsumption in productivity applications, workforce decentralization,globalization of business, prominence of cloud-based enterprise mobilitymanagement, and robust environment for smartphones and tablets acrossorganizations
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The SMEssegment is expected to grow at the highest CAGR in the telecom managed servicesmarket during the forecast period. With the increasing number of SMEs worldwide,the requirement of managed services is also increasing. The SMEs has thelimited in-house network and IT infrastructure capabilities, therefore, theymostly prefer to outsourced managed service from service providers. Managedservices have become the central part of the business process due to itsflexibility and ease of use and are expected to grow in the coming years.
AsiaPacific (APAC) is expected to be the fastest-growing region in the telecommanaged services market during the forecast period. The enormous population inthis region has led to an extensive pool of telecom companies. In APAC, theorganization is rapidly adopting managed service for managing their network, ITservices, data center, security, and BSS/OSS services. The advent of technologiessuch as cloud and mobility has been impacting the managed services market. SMEsare rapidly outsourcing ICT services owing to flexibility, convenience, andlow-cost factor. The growth in APAC is mainly driven by the increasing internetand mobile services and establishments of new data centers in China, India,Singapore, and Australia.
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