Press release
Telecom Managed Services Industry Is Going To Boom By 2026
Telecom Managed Services Industry
Global telecom managed services market is set to witness a healthy CAGR of 14.20% in the forecast to 2026. This rise in the market value can be attributed due to advancement in technology such as mobility services, cloud computing and big data and improving operational efficiency, catering effectively to the dynamic business environment, improving profit margins.
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Dominating Players are Huawei Technologies, Unisys, Comarch, Sprint, AT&T, Amdocs, Cisco, CenturyLink, NTT DATA Services, Ericsson, GTT., and so on.
Market Drivers:
Demand for cost decline in managing enterprise structure, drives the growth of the market
Raising awareness amongst businesses to emphasis on core approaches and activities, are driving the growth of the market
Rising pattern of BYOD and corporate-owned personal devices (COPD) over the globe, leads to the growth of the market
Advancements in technologies such as 5G, SDN, & NFV, foster the market growth
Market Restraints:
Apprehensions over revealing the private information to MSPs, hinders the market growth
Cloud-based service providers, are restraining the market growth
Absence of consciousness regarding external and internal threats
Key Developments in the Market:
In August 2019, Infolob Solutions and oracle entered into an agreement which allows Infolob to provide Oracle cloud services to their customers in in North America. Under this Cloud MSP program, Infolob provides the most robust portfolio of hybrid IT and digital enabling services intended to speed up cloud client acceptance and drive their path towards modernization. Infolob helps clients find the right cloud-landing area to each of their workloads. The agreement marks an extension between the companies of the Platinum Partnership.
In January 2019, Ericsson launches the Ericsson Operation Engine, a new AI-based managed services offering for communications service providers. The Ericsson Operations Engine utilizes AI, automation and information insights to solve targeted company results for service suppliers such as improved client experience, development in income and effectiveness.
FREE Scope (TOC ) Is Instantly Available at https://databridgemarketresearch.com/toc/?dbmr=global-telecom-managed-services-market
Key Market Segmentation of Telecom Managed Services Market
By Service Type
Managed Data Center
Managed Network Services
Managed Data and Information Services
Managed Mobility Services
Managed Communication Services
Managed Security Services
By Organization Size
By Geography
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