Telecom Managed Services Market Expansion Continues, with Forecast Valuation of $51.28 Billion by 2029

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Telecom Managed Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for telecom managed services has seen a significant surge in recent times. The market is projected to expand from a value of $25.82 billion in 2024 to $29.73 billion in 2025, showing a compound annual growth rate (CAGR) of 15.1%. Factors responsible for this growth during the historic period include network complexity, emphasis on primary business operations, cost reduction, an increasing base of subscribers, global telecom operation tendencies, swift growth of mobile services, and dynamic market competition.

Telecom Managed Services Market Size Forecast: What's the Projected Valuation by 2029?
The size of the telecom managed services market is predicted to experience a significant surge in the coming years. The market is projected to reach $51.28 billion by 2029, expanding at a compound annual growth rate (CAGR) of 14.6%. The upturn during this forecast period can be linked to the attention on service quality, emphasis on managing customer experience, issues regarding cybersecurity, the demand for network analytics, implementation of network slicing, as well as focus on ecological sustainability, and green telecom initiatives. Major developing trends during this forecast span consist of technological unification, deployment of 5g and network modernization, the incorporation of cloud-native and edge computing, management of IoT connectivity, application of AI and machine learning for forecasting analytics, outsourcing of network function, and collaborative efforts across diverse industries.

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What Are the Drivers Transforming the Telecom Managed Services Market?
The anticipated increase in internet usage is predicted to boost the need for telecom managed services within the forecast timeline. The growth in internet penetration can mostly be attributed to the rising smartphone usage and the expanding impact of social media. The swiftly expanding base of internet users is creating a high demand for managed services related to contracts, billing, legacy equipment, user problems, and customer experience enhancement. For example, the UK Parliament, a UK-based Governing body, projected in August 2023 that there would be 24 billion interconnected devices worldwide by 2050. In the UK, the smartphone user base is anticipated to rise to 61 million by 2024. Therefore, the expanding population of internet users is predicted to propel the telecom managed services market.

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Which Fast-Growing Trends Are Poised to Disrupt the Telecom Managed Services Market?
The key trend emerging in the telecom managed services market is technological innovation. Major organizations in the sector are leveraging new technologies like innovative delivery platforms and services to increase their market presence. For instance, Enea, an information technology firm based in Sweden, in June 2022, introduced the first comprehensive Wi-Fi Software-as-a-Service (SaaS) service management solution specifically for communication service providers (CSPs). This fresh offering enables telecom companies to start and monetize Wi-Fi services, providing them with the flexibility to grow dynamically with a pay-as-you-grow model to enlarge their Wi-Fi service range and provide greater coverage.

Which Segments in the Telecom Managed Services Market Offer the Most Profit Potential?
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)

Subsegments:
1) By Managed Data Center: Infrastructure Management, Backup and Disaster Recovery, Cloud Services Management
2) By Managed Network Services: Network Monitoring And Management, WAN Optimization, Network Security Management
3) By Managed Data And Information Services: Data Storage Management, Data Analytics And Business Intelligence, Data Governance And Compliance
4) By Managed Mobility Services: Mobile Device Management (MDM), Mobile Application Management (MAM), Mobile Security Services
5) By Managed Communications Services: Unified Communications As A Service (UCaaS), VoIP Services, Collaboration Tools Management
6) By Managed Security Services: Threat Detection And Response, Security Information And Event Management (SIEM), Managed Firewall Services

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Which Firms Dominate the Telecom Managed Services Market by Market Share and Revenue in 2025?
Major companies operating in the telecom managed services market are Fujitsu Limited, DXC Technology Company, Juniper Networks, Cognizant Technology Solutions Corporation, ZTE Corporation, Capgemini SE, accenture* Plc., Tech Mahindra Limited, Huawei Technologies Co. Ltd., 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

Which Regions Offer the Highest Growth Potential in the Telecom Managed Services Market?
North America was the largest region in the telecom managed services market share in 2024. The regions covered in the telecom managed services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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