Telecom Managed Services Market- Global Industry Analysis and Forecast (2023-2029)

Telecom Managed Services Market size is expected to reach nearly US $ 58.34 Bn by 2029 with the CAGR of 12.6% during the forecast period.

Global Telecom Managed Services Market is segmented by services type, by organisation size and by geography. In organisation size, the Small and Medium Enterprises (SMEs) segment is expected to develop at the highest CAGR during the forecast period in the Global Telecom Managed Services Market.

Global Telecom Managed Services Market means a managed services provider (MSP) that assumes and manages the obligation that provides a particular set of services to its clients that is generally an information technology (IT)services provider either proactively or as the MSP (not the client) determines that services are required.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.To know about the Research Methodology :- Request Free Sample Report

Managed services have become the dominant part of the business process because of its flexibility and easy use and are predicted to grow in the coming years. The requirement of managed services is also increasing, along with the increasing number of SMEs worldwide. The SMEs has the limited IT infrastructure capabilities and in-house network; so, they mostly prefer to outsource managed service from service providers. The managed mobility services, in services type segment is expected to gain the highest CAGR, in the Global Telecom Managed Services Market during the forecast period, while the managed data centre segment is estimated to gain the highest market size in 2016.

Enterprise mobility is prevalent in the organization because of the increasing trend of Corporate Owned Personal Device (COPD) and BYOD over the globe. It is of importance for the enterprises to have main concentration towards the security of mobility devices and management. Thus this growth is attributed to increased efficiency. Global Telecom Managed Services Market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.

Factors such as increasing in consumption of productivity applications, globalization of business, workforce decentralization, rebooting the use of smart phones and tablets across the organizations, Cost Reduction in Managing Enterprise Infrastructure, Improved Operational Efficiency, Reliability, and Agility in the Business Process, Better Focus on Core Business and Core Activities, Minimize the Risks Associated With Business Operations in Terms of Security are the driving force for the Global Telecom Managed Services Market growth.

However concerns over revealing the confidential info to maps are the restraining factor in Global Telecom Managed Services Market growth. Highest growth region such as North America and Asia Pacific (APAC) are expected to have the highest CAGR in the forecasting period. Whereas North America is driven by its adoption in telecom sector and technological advancement is not an exception. Growth in APAC is because of establishments of new data centres in China, India, Singapore, and Australia and increasing internet and mobile services.
Telecom Managed Services Market Key Highlights:
Assessment of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints and challenges for this market during the forecast period
Complete quantitative analysis of the industry from 2017 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities
In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
Global Telecom Managed Services Market analysis with respect to the services type, organization size and geography to assist in strategic business planning
Global Telecom Managed Services Market analysis and forecast for five major geographies North America, Europe, Asia pacific, Middle East & Africa, Latin America and their key regions.
Years that have been considered for the study are as follows:
Base Year - 2022
Estimated Year - 2023
Forecast Period - 2023 to 2029
For company profiles, 2017 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered
Telecom Managed Services Market Research Methodology
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get unbiased idea of the market. This exercise was done at country level to get fair idea of the market in countries considered for this study. Later this country specific data was accumulated to come up with regional numbers and then arrive at global market value for Global Telecom Managed Services Market.

The objective of the report is to present comprehensive Global Telecom Managed Services Market  including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Global Telecom Managed Services Market  North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Telecom Managed Services Market  North America for Asia Pacific   size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Telecom Managed Services Market  North America for Asia Pacific make the report investor’s guide.
Key Target Audience:
Research and Consulting Firms as well as Venture capitalists, private equity firms, and start-up companies
IT Security Agencies
Communications Service Provider
System Integrators
Open-Source Platform Providers
Government Agencies
Mobile Network Operators
Mobile Virtual Network Operators
Consultants
Infrastructure Architects
Managed Service Providers
Government and regulatory authorities
Scope of the Global Telecom Managed Services Market: Inquire before buying



Global Telecom Managed Services Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 25.42 Bn.


Forecast Period 2023 to 2029 CAGR:
12.6%
Market Size in 2029:
US $ 58.34 Bn.


 Segments Covered:
by Service Type
Managed Network Services
Managed Security Service
By Managed Data Centre
Managed Data and Information Services
Managed Mobility Services
By Managed Communications Services
Managed Data Centre


by Organization Size
Large Enterprises
Small and Medium-sized Enterprises



Telecom Managed Services Market, By Geography
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Telecom Managed Services Market Key Players are:
1.Tech Mahindra (Mumbai, India)
2.IBM (New York, US)
3.Huawei Technologies Co., Ltd. (Shenzhen, China)
4.AT&T (Texas, US)
5.CenturyLink (Louisiana, US)
6.Amdocs (Missouri, US)
7.Comarch S.A. (Kraków, Poland)
8.Ericsson AB (Stockholm, Sweden)
9.GTT Communications, Inc. (Virginia, US)
10.Cisco Systems, Inc. (California, US)
11.NTT Data (Tokyo, Japan)
12.Sprint.com (Kansas, US)
13.Unisys (Pennsylvania, US)
14.Verizon
15.3T Systems Ltd.
16.ACROPOLIS TECHNOLOGY GROUP
17.Glowpoint
18.HP Development Company, L.P.
19.ALE International
Frequently Asked questions
1. What is the market size of the Global Telecom Managed Services Market in 2022?
Ans. The market size Global Telecom Managed Services Market in 2022 was US$ 25.42 Billion.

2. What are the different segments of the Global Telecom Managed Services Market?
Ans. The Global Telecom Managed Services Market  is divided into Service Type and Organization Size.

3. What is the study period of this market?
Ans. The Global Telecom Managed Services Market will be studied from 2022 to 2029.

4. Which region is expected to hold the highest Global Telecom Managed Services Market share?
Ans. The Asia Pacific dominates the market share in the  market.

5. What  is the Forecast Period of Global Telecom Managed Services Market?
Ans. The Forecast Period of the market is 2023-2029 in the market.