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Telecom Managed Services Market Analysis 2023: Market Size, Share, Demand And Future Forecast To 2032 | FUJITSU, DXC Technology Company, IBM Corporation, Cognizant, Wipro Limited
Telecom Managed Services Market
The Business Research Company's Telecom Managed Services Global Market Report 2023 identifies increasing internet penetration as the major driver for the Telecom Managed Services market's growth in the forecast period. The internet penetration is rising mainly due to the increasing use of smartphones and the growing influence of social networking site. The rapidly growing internet user base generates high demand for managed services for contracts, billing, legacy equipment, user issues and for providing better customer experience.
The global telecom managed services market size is expected to grow from $19.51 billion in 2022 to $22.48 billion in 2023 at a compound annual growth rate (CAGR) of 15.2%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the telecom managed services market is expected to grow to $38.32 billion in 2027 at a CAGR of 14.3%.
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Major competitors in the Telecom Managed Services market are FUJITSU, DXC Technology Company, IBM Corporation, Cognizant, Wipro Limited.
A key trend in the Telecom Managed Services market includes technological advancement. Major companies operating in the market are focusing on new technologies such as new delivery platform and services for expanding market share. For instance, in June 2022, a Sweden-based information technology company, Enea launched the industry's first complete Wi-Fi Software-as-a-Service (SaaS) service management solution for communication service providers (CSPs). The new offering allows telecom operators to launch and monetize Wi-Fi services, allowing companies to scale at their own pace with a pay-as-you-grow model to expand their Wi-Fi service footprint and deliver more coverage.
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https://www.thebusinessresearchcompany.com/report/telecom-managed-services-global-market-report
The Telecom Managed Services market is segmented -
1. By Service Type: Managed Data Center, Managed Network Services, Managed Data and Information Services, Managed Mobility Services, Managed Communications Services, Managed Security Services
2. By Deployment Model: On-Premise, Cloud
3. By Organization Size: Large Enterprises, Small and Medium Enterprises (SMEs)
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Telecom Managed Services market.
The Business Research Company's "Global Telecom Managed Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Telecom Managed Services Market Include:
1. Executive Summary
2. Telecom Managed Services Market Characteristics
3. Telecom Managed Services Market Trends And Strategies
4. Telecom Managed Services Market - Macro Economic Scenario
5. Telecom Managed Services Market Size And Growth
……
26. Africa Telecom Managed Services Market
27. Telecom Managed Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Telecom Managed Services Market
29. Telecom Managed Services Market Future Outlook and Potential Analysis
30. Appendix
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