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Global B2B Telecommunication Market Report 2022 : Size, Share, Growth Rate, Business Module, Product Scope And Expansion 2031 | Amdocs, AT&T Inc, Cisco Systems Inc, Comarch, Deutsche Telekom AG
B2B Telecommunication Market
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The global B2B telecommunication market report by the business research company identifies increasing industrialization and urbanization in several countries is expected to propel the growth of the B2B telecommunication market going forward. Industrialization refers to the transformation of a country's economy from agriculture to mass-production of goods and services using technology through industries. Urbanization, on the other hand, refers to the permanent migration of rural people to cities. B2B telecommunication in industrialization helps in gathering and processing customer data that can be used in targeting advertisements and predicting clients' behaviors to control the cost of operation, which is essential for industrialization. For instance, according to the Federal Reserve Board, the central banking system of the United States of America, in August 2022, the total industrial output increased by 0.6%. Additionally, in June 2021, according to UNCTAD, a Geneva-based intergovernmental organization intended to promote the interests of developing states in world trade, by 2020, the share of the urban population increased to 56.2%. Therefore, the increase in industrialization and urbanization in several countries is driving the growth of the B2B telecommunication market.
The global B2B telecommunications market is expected to grow from $56.33 billion in 2021 to $65.44 billion in 2022 at a compound annual growth rate (CAGR) of 16.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The B2B telecommunications market is expected to reach $117.01 billion in 2026 at a compound annual growth rate (CAGR) of 15.6%.
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North America was the largest region in the B2B telecommunication market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the B2B telecommunication market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the b2b telecommunication market are Amdocs, AT&T Inc, Cisco Systems Inc, Comarch, Deutsche Telekom AG, NTT Ltd, Orange S A, Telefónica S A, Vodafone Group Plc, Verizon, Telstra Corporation Limited, Sprint Corporation, China Telecommunications Corporation, China Mobile Limited and China United Network Communications Group Co Ltd.
The global B2B telecommunication market is segmented -
1) By Solution: Cloud Services, Unified Communication And Collaboration, VoIP, Wan, M2M Communication
2) By Enterprise Type: Large Enterprises, Small And Medium Enterprises
3) By Industrial Verticals: Banking, Financial Serviecs And Insurance (BFSI), Information Technology And Telecom, Media And Entertainment, Healthcare, Government, Retail And Ecommerce, Other Industrial Verticals
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The B2B telecommunication Market Report Contents Include
1. Executive Summary
2. B2B Telecommunication Market Characteristics
3. B2B Telecommunication Market Trends And Strategies
4. Impact Of COVID-19 On B2B Telecommunication
5. B2B Telecommunication Market Size And Growth
.........
28. Key Mergers And Acquisitions In The B2B Telecommunication Market
29. B2B Telecommunication Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the B2B telecommunication market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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