openPR Logo
Press release

Telecom Managed Services Market Projected to Reach Nearly US$65.69 Billion by 2030 at a CAGR of 12.6%

07-12-2024 10:32 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The telecom managed services market is poised for substantial growth, projected to reach approximately US $65.69 billion by 2030, exhibiting a robust CAGR of 12.6% during the forecast period. This market encompasses a wide array of services, segmented by type, organization size, and geographic region.

๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

In terms of organization size, the Small and Medium Enterprises (SMEs) segment is anticipated to experience the highest growth rate. This trend is driven by the increasing adoption of managed services among SMEs, which often lack extensive IT infrastructure and prefer outsourcing for enhanced operational efficiency.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐Ÿ๐จ๐ซ ๐ˆ๐ฆ๐ฆ๐ž๐๐ข๐š๐ญ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/7319/

Managed mobility services are expected to lead in terms of CAGR within the service type segment, reflecting the growing trend of Enterprise Mobility and Bring Your Own Device (BYOD) policies worldwide. This segment's growth is crucial as enterprises focus on securing and managing mobile devices efficiently.

๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

Geographically, North America and Asia Pacific are projected to exhibit the highest CAGR during the forecast period. North America's growth is fueled by widespread adoption across the telecom sector and continuous technological advancements. Meanwhile, Asia Pacific is seeing significant growth due to the establishment of new data centers in countries like China, India, Singapore, and Australia, coupled with increased internet and mobile services penetration.

๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ ๐š๐ง๐ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ:

Key drivers propelling market growth include the increasing consumption of productivity applications, globalization of businesses, and the decentralization of workforces. Managed services enable enterprises to reduce costs associated with managing IT infrastructure, improve operational efficiency, and focus more on core business activities. However, concerns about data security and confidentiality remain significant challenges restraining market expansion.

๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:

The market analysis is based on rigorous research methodologies, including triangulation of data from various sources and primary interviews with key opinion leaders (KOLs). This approach ensures a comprehensive and unbiased assessment of market dynamics and future trends across different regions.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/7319/

๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐:

โ™ฆ ๐๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐“๐ฒ๐ฉ๐ž

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

โ™ฆ ๐๐ฒ ๐Ž๐ซ๐ ๐š๐ง๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐’๐ข๐ณ๐ž

Large Enterprises
Small and Medium-sized Enterprises

๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž ๐š๐ง๐ ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

The telecom managed services market is characterized by intense competition, with key players such as Tech Mahindra, IBM, Huawei Technologies, and AT&T leading the market. These players are focusing on strategic initiatives like partnerships, acquisitions, and technological advancements to strengthen their market position.

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. (Krakรณw, 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

๐“๐ž๐ฅ๐ž๐œ๐จ๐ฆ ๐Œ๐š๐ง๐š๐ ๐ž๐ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐œ๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง:

In conclusion, the telecom managed services market is poised for substantial growth driven by increasing demand from SMEs, advancements in mobility services, and geographic expansions. As businesses continue to prioritize operational efficiency and scalability, managed services will play a pivotal role in their digital transformation strategies.

๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž ๐ญ๐จ ๐†๐š๐ข๐ง ๐ƒ๐ž๐ž๐ฉ๐ž๐ซ ๐”๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐  + ๐†๐ซ๐š๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/market-report/global-telecom-managed-services-market/7319/

๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ:

โ€ข ๐“๐ก๐ž ๐๐ข๐  ๐๐ข๐œ๐ญ๐ฎ๐ซ๐ž: Telecom Managed Services Market size, overview, and key points.
โ€ข ๐Ž๐ฎ๐ซ ๐…๐จ๐œ๐ฎ๐ฌ: Specific areas, timeframe, and scope we'll explore.
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ: Who are the big businesses and up-and-comers?
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž: How much money is flowing in Telecom Managed Services market?
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ซ๐ž๐š๐ค๐๐จ๐ฐ๐ง: Different types of products/services and their segments.
โ€ข ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐‚๐ก๐ž๐œ๐ค: How easy (or tough) is it to compete in Telecom Managed Services market?
โ€ข ๐–๐ก๐จ'๐ฌ ๐๐ฎ๐ฒ๐ข๐ง๐ ?: Understanding the customer base and their needs.
โ€ข ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ: How does this market differ around the world?
โ€ข ๐ƒ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐“๐ข๐ฆ๐ž: Making informed choices in Telecom Managed Services market.
โ€ข ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ก๐ข๐Ÿ๐ญ๐ฌ: What's driving changes in Telecom Managed Services market?
โ€ข ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐‹๐จ๐จ๐ค: Emerging trends that will shape Telecom Managed Services market.
โ€ข ๐“๐ก๐ž ๐’๐ž๐ฅ๐ฅ๐ž๐ซ๐ฌ: Who are the major companies selling in Telecom Managed Services market?
โ€ข ๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Strengths and weaknesses of the key players.

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

โ€ข What is Telecom Managed Services?
โ€ข What was the Telecom Managed Services market size in 2023?
โ€ข What is the growth rate of the Telecom Managed Services Market?
โ€ข Which are the factors expected to drive the Telecom Managed Services market growth?
โ€ข What are the different segments of the Telecom Managed Services Market?
โ€ข What growth strategies are the players considering to increase their presence in Telecom Managed Services?
โ€ข What are the upcoming industry applications and trends for the Telecom Managed Services Market?
โ€ข What are the recent industry trends that can be implemented to generate additional revenue streams for the Telecom Managed Services Market?
โ€ข What is the demand pattern of the Telecom Managed Services Market?
โ€ข What major challenges could the Telecom Managed Services Market face in the future?
โ€ข What segments are covered in the Telecom Managed Services Market?
โ€ข Who are the leading companies and what are their product portfolios in the Telecom Managed Services Market?
โ€ข What segments are covered in the Telecom Managed Services Market?
โ€ข Who are the key players in the Telecom Managed Services market?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

โ€ข Past Market Size and Competitive Landscape (2018 to 2023)
โ€ข Past Pricing and price curve by region (2018 to 2023)
โ€ข Market Size, Share, Size & Forecast by Different Segment | 2023-2029
โ€ข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โ€ข Market Segmentation - A detailed analysis by segment with their sub-segments and Region
โ€ข Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
โ€ข PESTLE Analysis
โ€ข PORTER's analysis
โ€ข Value chain and supply chain analysis
โ€ข Legal Aspects of Business by Region
โ€ข Lucrative business opportunities with SWOT analysis
โ€ข Recommendations

๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฅ๐ž๐ฏ๐š๐ง๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ฎ๐›๐ฃ๐ž๐œ๐ญ๐ฌ:

1. Adiabatic Cooler Market https://www.maximizemarketresearch.com/market-report/global-adiabatic-cooler-market/92282/

2. home insecticides market https://www.maximizemarketresearch.com/market-report/global-home-insecticides-market/67219/

3. Medical Grade Lubricants Market https://www.maximizemarketresearch.com/market-report/global-medical-grade-lubricants-market/95945/

4. Electric Coolant Pumps Market https://www.maximizemarketresearch.com/market-report/global-electric-coolant-pumps-market/88684/

5. Europe Sack Kraft Paper Market https://www.maximizemarketresearch.com/market-report/global-sack-kraft-paper-market/25011/

6. Smart Tag Packaging Market https://www.maximizemarketresearch.com/market-report/global-smart-tag-packaging-market/24423/

7. Intelligent Pigging Market https://www.maximizemarketresearch.com/market-report/global-intelligent-pigging-market/3782/

8. Ultra-low-power Microcontroller Market https://www.maximizemarketresearch.com/market-report/global-ultra-low-power-microcontroller-market/115207/

9. UV Tape Market https://www.maximizemarketresearch.com/market-report/uv-tape-market/165098/

10. Home Water Filtration Unit Market https://www.maximizemarketresearch.com/market-report/home-water-filtration-unit-market/165242/

๐Ž๐ฎ๐ซ ๐€๐๐๐ซ๐ž๐ฌ๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a premier global market research and consulting firm. Specializing in delivering actionable insights across various industries, we provide comprehensive reports, custom solutions, and consulting services. With advanced research methodologies and a team of experienced analysts, we empower clients to make informed decisions and achieve sustainable growth. Whether you're a multinational corporation or a start-up, MMR is your trusted partner for navigating market dynamics and maximizing opportunities.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Telecom Managed Services Market Projected to Reach Nearly US$65.69 Billion by 2030 at a CAGR of 12.6% here

News-ID: 3578192 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a Robust 13.71% CAGR
09-05-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Bangladesh Ceramics Tiles Market to Surpass USD 2.1 Billion by 2030, Fueled by a โ€ฆ
Bangladesh Ceramics Tiles Market size was valued at USD 882.56 Million in 2023 and the total Bangladesh Ceramics Tiles Market revenue is expected to grow at a CAGR of 13.71 % from 2024 to 2030, reaching nearly USD 2169.38 Million. Bangladesh Ceramics Tiles Market Overview: The Bangladesh ceramics tiles market is a vital component of the country's construction and building materials industry, driven by rapid urbanization, infrastructure development, and rising disposable incomes.โ€ฆ
Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
09-05-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Furfural Market to Reach Nearly USD 1 Trillion by 2030, Propelled by a 6.8% CAGR
Furfural Market size was valued at USD 630.2Mn in 2023. The Furfural Market revenue is growing at a CAGR of 6.8 % from 2023 to 2029, reaching nearly USD 998.30 Bn by 2030. Furfural Market Overview: The furfural market is centered around an organic compound derived primarily from agricultural byproducts such as corn cobs, sugarcane bagasse, and rice husks through a process of acid hydrolysis. As one of the oldest renewable chemicals,โ€ฆ
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to Grow at a 5.59% CAGR Through 2032
09-05-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Chemical Protective Clothing Market Valued at USD 1.57 Bn in 2024, Projected to โ€ฆ
Chemical Protective Clothing Market size was valued at USD 1.57 Billion in 2024 and the total Chemical Protective Clothing revenue is expected to grow at a CAGR of 5.59% from 2025 to 2032, reaching nearly USD 2.42 Billion. Chemical Protective Clothing Market Overview: The Chemical Protective Clothing (CPC) market comprises garments and accessories specifically designed to shield workers from exposure to hazardous chemicals, liquids, and particulate matter across a wide range ofโ€ฆ
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR Growth to 2032
09-05-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Prefabricated Homes Market Valued at USD 18.58 Bn in 2024, Poised for 6.19% CAGR โ€ฆ
Prefabricated Homes Market size was valued at USD 18.58 Billion in 2024 and the total Prefabricated Homes revenue is expected to grow at a CAGR of 6.19% from 2025 to 2032, reaching nearly USD 30.04 Billion. Prefabricated Homes Market Overview: The prefabricated homes market, also known as modular or off-site construction, involves the manufacturing of building components in a controlled factory environment before their assembly at the final location. This method revolutionizesโ€ฆ

All 5 Releases


More Releases for Managed

05-18-2021 | IT, New Media & Software
Allied Market Research
Managed IT Infrastructure Services Market by Solution (Managed Data Center, Mana โ€ฆ
Managed IT infrastructure services is an approach that combines together knowledge, procedures, and technology, which finally power the services that support business processes. Managed IT infrastructure services offer a sound business understanding to deploy or replace existing IT infrastructure. Without clearly defining business goals and process functionalities, selecting the right systems, applications, and technologies that meet business requirement, managed IT infrastructure services drives most of the critical tasks and therebyโ€ฆ
02-06-2019 | Business, Economy, Finances, B โ€ฆ
The Insight Partners
Managed Security Services Market Outlook to 2025 โ€“ Managed Firewall, Managed I โ€ฆ
Managed Security Services Market is expected to grow from US$ US$ 17716.7 Million in 2017 to US$ 61855.5 Million by 2025 at a CAGR of 16.9% between 2017 and 2025. Worldwide Managed Security Services Market Analysis to 2025 is a specialized and in-depth study of the Managed Security Services Market with a focus on the global market trend. The report aims to provide an overview of global Managed Security Services Marketโ€ฆ
12-17-2018 | Business, Economy, Finances, B โ€ฆ
Supply Demand Market Research
IOT Managed Services Market By Type (Managed Security Services, Managed Device S โ€ฆ
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017โ€“2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more. IoT (Internet of Things) provides immense growth opportunity forโ€ฆ
12-06-2018 | Business, Economy, Finances, B โ€ฆ
Supply Demand Market Research
IOT Managed Services Market By Type (Managed Security Services, Managed Device S โ€ฆ
IoT Managed Services Market is expected to grow at a CAGR of 23% during the forecast period 2017โ€“2023. The market is growing due to the expansion of IoT throughout worldwide. IoT Managed Services Market is segmented by: managed Service Types, Verticals, and Regions. The major players included in this report such as Google, Apple, IBM, AT&T, Intel, Microsoft, Accenture, and many more. IoT (Internet of Things) provides immense growth opportunity forโ€ฆ
10-30-2018 | Advertising, Media Consulting, โ€ฆ
Fact.MR
Managed Network Services Market will reach nearly US$ 120 Bn in revenues by 2028 โ€ฆ
Increasing need for significant operational cost reductions, growing adoption of business analytics and cloud coupled with rising complexities in operations across several end use industries continue to influence demand for managed network services. The adoption of managed network services is also being influenced with a number of industry-specific factors including but not limited to growing need for high efficiency in business processes and customer satisfaction.ย Fact.MR envisages that the demand forโ€ฆ
10-23-2018 | Business, Economy, Finances, B โ€ฆ
Supply Demand Market Research
Global IOT Managed Services Market By Type (Managed Security Services, Managed D โ€ฆ
IoT (Internet of Things) provides immense growth opportunity for managed service providers. Rising digital technology in the connected world will involve nearly 33 billion by 2023 and in this connected world managed services would be a critical component. Rising adoption of smart technologies in various verticals has generated IoT technologies. Moreover, growing number of connected devices will generate high demand for managed services. The IoT ecosystem includes devices, security, applications,โ€ฆ