Telecom Consulting Market Value Will Exhibit a Prominant Uptick in 2020 as Corona Virus Outbreak Prevails as a Global Pandemic, Says P&S Intelligence in a Research Report

P&S Intelligence published a new research report, titled, "Telecom Consulting Market: Global Industry Analysis and Forecast till 2030, telecom consulting market is expected to witness considerable growth during the forecast period (2020-2030). Prime factors driving positive market growth include advancements in the communication needs of varied enterprises, advent of 5G network, surging adoption of wireless network connection, growing digitization across industries, increasing demand for high bandwidth requirements, rising investments in IT infrastructure, and rapid adoption of technologies such as internet of things (IoT), artificial intelligence (AI), and machine learning (ML) by businesses, which has resulted in the development of cloud transformation telecom consulting.

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Rapid digital transformation among enterprises is one of the key trends observed in the market. Digitization has changed the way organizations interact with the customer and operate their internal processes. It also supports the IT infrastructure of the company, in today's world, which has also resulted in competitive advantage and success of the business. Every industry including banking, financial service, and insurance (BFSI), retail & e-commerce, healthcare, and others, have offered services such as digital payment, online portals, social media integration, and data sharing, resulting in demand for advanced network setup. This would further lead to requirement of telecom consulting services, related to the adoption of solutions as per the industry needs.

In addition, high emphasis of organizations toward adoption of technologies such as AI, ML, and cloud computing, which require high network capacity and resulted in demand for network devices in varied industries. Users are focused toward fast pace downloading of more and more applications for different utility purposes, which has led to deployment of devices including audio and visual messaging devices and interactive displays, which are integrated with network connectivity. This would further contribute in consulting services related to installation of devices, preference of type of devices, and others, promoting in significant market growth, worldwide.

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This market research report provides a comprehensive overview of the telecom consulting market

* Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

* Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders

* Major factors driving the market and their impact during the short, medium, and long terms

* Market restraints and their impact during the short, medium, and long terms

* Major players operating in the market and their service offerings

* Recent strategic developments by the major players in the market

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