According to a new market research report” Telecom Managed Services Market by Service Type (Managed Data Center, Managed Network, Managed Data and Information, Managed Mobility, Managed Communication, and Managed Security), Organization Size, and Region - Global Forecast to 2022", published by MarketsandMarkets™, The telecom managed services market size is estimated to grow from USD 11.90 Billion in 2017 to USD 22.58 Billion by 2022, at a CAGR of 13.7%.
In managed services, enterprises outsourced their business operation specifically services related to ICT ecosystem on Service Level Agreements (SLA). It basically includes maintenance and operation of the day-to-day business processes of enterprises network infrastructure and services. The base year considered for the study is 2016 and the forecast period has been determined from 2017 to 2022.
Browse and in-depth TOC on “Telecom Managed Services Market”
79 - Tables
72 - Figures
146 - Pages
Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117103536
Cost reduction in managing enterprise infrastructure, better focus on core business activities and core strategies, low risk associated with business operations in terms of security, and improved operational efficiency, reliability, and agility in the business process are some of driving forces in the telecom managed services market.
Managed data center services to play a key role in the telecom managed services market by 2022
The managed data center services segment has the largest market share in the telecom managed services market during the forecast period. Demand for managing data center services is increasing across all the regions. With the proliferation of smartphones and tablets across enterprises and increased use of social media in the consumer segment has resulted in the production of huge amount of data. In addition to this, the IoT is another major area where the amount of data has been generating exponentially day-by-day. These factors drive the demand for managed data center services across the organization.
Small and Medium Sized Enterprises (SMEs) will dominant the telecom managed services market by 2022
Among organization size, the SMEs segment is expected to grow at the highest rate in the telecom managed services market during the forecast period. The SMEs are strongly adopting managed services for managing and operating their enterprise infrastructure including network implementation, data center management, mobility, and security services. Security and compliance and reduction in downtime and operational expenditure are some of the major benefits SMEs are experiencing through the adoption of managed services.
Speak to Our Expert Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=117103536
Asia Pacific (APAC) region is expected to grow at the highest rate in the telecom managed services market
APAC is expected to show the highest growth during the forecast period; the region has encompassed both developed and emergent economy such as Australia, Japan, Korea, India, and New Zealand. China and India are rapidly growing in terms of technology adoption and foreign direct investment. The integration of advanced technologies such as Long Term Evolution (LTE), IoT, and mobility are widely implemented across the region. The growth in APAC is mainly driven by increasing internet and mobile services and establishments of new data centers in China, India, Singapore, and Australia.
The major vendors in the telecom managed services market are Amdocs (US), AT&T (US), CenturyLink (US), Cisco Systems, Inc. (US), Comarch S.A. (Poland), Ericsson AB (Sweden), GTT Communications, Inc. (US), Huawei Technologies Co., Ltd. (China), IBM (US), NTT Data (Japan), Sprint.com (US), Tech Mahindra (India), Unisys (US), and Verizon (US).
Browse Complete Press Release @ https://www.marketsandmarkets.com/PressReleases/telecom-managed-services.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/telecom-managed-services-market.asp
Visit Our Website: https://www.marketsandmarkets.com