Telecom Managed Services market is expected to reach USD 13.30% billion by 2030

Telecom Managed Services market is expected to reach USD 13.30% billion by 2030

Telecom Managed Services Market is predicted to reach USD 55.8 billion at a CAGR of 13.30% during the forecast period:


Market Research Future (MRFR) has published a cooked research report on the “Global Telecom Managed Services Market” that contains information from 2022 to 2030. The Telecom Managed Services Market is estimated to register a CAGR of 13.30% during the forecast period of 2022 to 2030.


MRFR recognizes the following companies as the key players in the global Telecom Managed Services Market— Amdocs, AT&T, CenturyLink, Cisco Systems Inc., Comarch S.A., Ericsson AB, GTT Communications Inc., Huawei Technologies Co.Ltd., IBM, NTT Data, and Sprint.com.


Market Highlights


The global Telecom Managed Services Market is accounted to register a CAGR of 13.30% during the forecast period and is estimated to reach USD 55.8 Billion by 2030.


The Telecom Managed Services Market refers to the industry segment that provides managed services to the telecommunications sector. Telecom managed services involve outsourcing various operational tasks and responsibilities to third-party service providers with specialized expertise.


The telecom managed services market has experienced significant growth in recent years due to the increasing complexity of telecommunications networks, the rapid adoption of advanced technologies like 5G, IoT, and cloud computing, and the growing need for cost optimization and operational efficiency in the industry.


Segment Analysis


The global Telecom Managed Services Market has been segmented based on service type and size.


Based on service type, the market has been segmented into managed data centre, managed network services, managed data and information services, managed mobility services, managed communications services and managed security services. Network service includes services related to network monitoring, optimization, and maintenance. It helps telecom companies ensure the smooth operation and performance of their networks.


Based on size, the market is segmented into Small and Medium-sized Enterprises and Large Enterprises. SMEs often seek managed services to access specialized expertise and resources without heavy capital investment. Large enterprises often outsource managed services to focus on core activities, achieve operational efficiency, and reduce costs.


Regional Analysis


The global Telecom Managed Services Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Telecom Managed Services Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Telecom Managed Services Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Telecom Managed Services Market comprises of Middle East, Africa, and Latin America.


North America has been one of the leading regions in terms of market size and adoption of telecom managed services. The presence of established telecommunication companies, technological advancements, and the need for cost optimization and enhanced customer experience have been key drivers in this region.


Europe is another significant region in the Telecom Managed Services Market. The region has a highly developed telecom infrastructure, and telecom operators are increasingly looking to outsource non-core activities to focus on their strategic objectives.


The Asia Pacific region has emerged as a lucrative market for telecom managed services due to rapid digitization, increasing smartphone penetration, and the adoption of advanced technologies.


Furthermore, the rest of the world's Telecom Managed Services Market is divided into the Middle East, Africa, and Latin America. Latin America: Latin America is experiencing growth in the Telecom Managed Services Market, driven by expanding telecommunication networks and the need to improve operational efficiency.


Key Findings of the Study



  • The global Telecom Managed Services Market is expected to reach USD 55.8 Billion by 2030, at a CAGR of 13.30% during the forecast period.

  • North America has been one of the leading regions of telecom managed services. The presence of established telecommunication companies, technological advancements, and the need for cost optimization and enhanced customer experience has been key drivers in this region.

  • Based on service type, the market has been segmented into managed data centre, managed network services, managed mobility services, managed communications services and managed security services holding the largest market in 2022.

  • Amdocs, AT&T, CenturyLink, Cisco Systems Inc., Comarch S.A., Ericsson AB, GTT Communications , Huawei Technologies Co.Ltd., IBM, NTT Data and Sprint.com.

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