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Telecom Managed Services Market Statistics, Size And Share Analysis Report Forecast 2024 To 2033
Telecom Managed Services Market
As per the report, the telecom managed services market size has grown rapidly in recent years. It will grow from $22.56 billion in 2023 to $25.95 billion in 2024 at a compound annual growth rate (CAGR) of 15.0%. The telecom managed services market size is expected to see rapid growth in the next few years. It will grow to $44.56 billion in 2028 at a compound annual growth rate (CAGR) of 14.5%.
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Surging Internet Penetration Fuels Demand For Telecom Managed Services
The increasing internet penetration is expected to drive demand for telecom managed services 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. For instance, the number of internet users worldwide increased from 4.02 billion in 2018 to nearly 4.95 billion by 2022. Hence, the growing internet using population is expected to drive the telecom managed services market.
Enea Leads The Way With Innovative Wi-Fi Saas In Telecom Managed Services Market
Technological advancement is the key trend gaining popularity in the telecom managed services market. 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.
The telecom managed services market covered in this report 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)
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Major companies operating in the telecom managed services market report are Fujitsu Limited, DXC Technology Company, Juniper Networks, Cognizant Technology Solutions Corporation, ZTE Corporation, Capgemini SE, Tech Mahindra Limited, Huawei Technologies Co. Ltd., Sprint Corporation, Vodafone Idea, Cisco Systems Inc., IBM Corporation, Unisys Corporation, Windstream Holdings Inc., AT&T Inc., Verizon Communications Inc., Comarch SA, HCL Technologies Limited, Amdocs Inc., NTT DATA Corporation, Telefonaktiebolaget LM Ericsson, GTT Communications Inc., CenturyLink, Comcast Corporation, Larsen & Toubro Infotech, Nokia Corporation, Tata Consultancy Services Limited, Wipro Limited, Zayo Group Holdings Inc., Ericsson India Limited, Motorola Inc.
Contents of the report:
1. Executive Summary
2. Telecom Managed Services Market Report Structure
3. Telecom Managed Services Market Trends And Strategies
4. Telecom Managed Services Market - Macro Economic Scenario
5. Telecom Managed Services Market Size And Growth
…..
27. Telecom Managed Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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