What is the current size and annual growth rate of the b2b telecommunication market?
The B2B telecommunication market size has grown rapidly in recent years. It will grow from $82.98 billion in 2024 to $94.25 billion in 2025 at a compound annual growth rate (CAGR) of 13.6%. The growth in the historic period can be attributed to globalization, data security concerns, regulatory environment, cost efficiency.
The B2B telecommunication market size is expected to see rapid growth in the next few years. It will grow to $178.02 billion in 2029 at a compound annual growth rate (CAGR) of 17.2%. The growth in the forecast period can be attributed to cybersecurity measures, hybrid work models, international expansion of businesses. Major trends in the forecast period include AI and automation, technological advancements, 5G deployment and adoption, cloud-based communication services, customization and scalability.
Get Your Free Sample of The Global B2B Telecommunication Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7513&type=smp
What have been the primary factors driving the b2b telecommunication market’s growth?
The increase in industrialization and urbanization in several countries is expected to propel the growth of the B2B telecommunication market going forward. Industrialization refers to the transformation of a country’s economy from agriculture to mass-production of goods and services using technology through industries. Urbanization, on the other hand, refers to the permanent migration of rural people to cities. B2B telecommunication in industrialization helps in gathering and processing customer data that can be used in targeting advertisements and predicting clients’ behaviors to control the cost of operation, which is essential for industrialization. For instance, April 2023, according to world bank group U.S-based today, some 56% of the world’s population – 4.4 billion inhabitants – live in cities. This trend is expected to continue, with the urban population more than doubling its current size by 2050, at which point nearly 7 of 10 people will live in cities. Therefore, the increase in industrialization and urbanization in several countries is driving the B2B telecommunication market growth.
What are the key segments within the b2b telecommunication market?
The B2B telecommunication market covered in this report is segmented –
1) By Solution: Cloud Services, Unified Communication And Collaboration, VoIP, Wan, M2M Communication
2) By Enterprise Type: Large Enterprises, Small And Medium Enterprises
3) By Industrial Verticals: Banking, Financial Services And Insurance (BFSI), Information Technology And Telecom, Media And Entertainment, Healthcare, Government, Retail And Ecommerce, Other Industrial Verticals
Subsegments:
1) By Cloud Services: Cloud Hosting Solutions, Cloud Storage Services, Software As a Service (SaaS)
2) By Unified Communication And Collaboration (UCC): Video Conferencing Solutions: Team Collaboration Tools, Instant Messaging Platforms
3) By VoIP (Voice Over Internet Protocol): Hosted VoIP Solutions: On-premises VoIP Systems, VoIP For Business Communication
4) By WAN (Wide Area Network): MPLS (Multiprotocol Label Switching), SD-WAN (Software-Defined WAN), Leased Lines And Dedicated Circuits
5) By M2M (Machine To Machine) Communication: IoT Connectivity Solutions, Remote Monitoring And Control Systems, Smart Device Communication Platforms
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/b2b-telecommunication-global-market-report
Which key players are shaping the b2b telecommunication market?
Major companies operating in the B2B telecommunication market include Comcast Corporation, AT&T Inc., Deutsche Telekom AG, Huawei Technologies Co. Ltd., T-Mobile US Inc., SoftBank Group Corp., Vodafone Group Plc, Cisco Systems Inc., KDDI Corporation, Telefonica S.A., BT Group plc, Nokia Corporation, Telefonaktiebolaget LM Ericsson, Korea Telecom Corporation, Telus Corporation, Saudi Telecom Company, CenturyLink Inc., Telstra Corporation Limited, Reliance Jio Infocomm Limited, Swisscom AG, PT Telekomunikasi Indonesia Tbk, Singapore Telecommunications Limited, China Telecom Corporation Limited, Amdocs Limited, PLDT Inc., Tata Communications Limited, Telecom Italia Sparkle S.p.A., Comarch SA, NTT Communications Corporation
How will emerging trends drive the b2b telecommunication market throughout the forecast period?
Major companies operating in the market are focusing on developing, technological advancement such as cutting-edge business communications application to enhance collaboration, improve efficiency, and meet the evolving needs of modern enterprises. Cutting-edge business communications applications are designed to enhance connectivity, streamline workflows, and improve productivity for organizations, supporting remote work and facilitating real-time communication among teams. For instance, in October 2024, Airtel Business a India-based, as part of Bharti Airtel, while Vonage, on the other hand, a U.S-based, the partnership combines Airtel’s telecommunications expertise with Vonage’s cloud communication solutions to enhance business communications for enterprises. A cutting-edge business communications application refers to an advanced software platform that integrates various communication tools—such as voice, video, messaging, and collaboration features—into a single solution.
How do regional factors impact the b2b telecommunication market, and which region is the largest contributor?
The countries covered in the B2B telecommunication market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
What Does The B2B Telecommunication Market Report 2025 Offer?
The b2b telecommunication market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
B2B telecommunication refers to electronic commerce, which is used while the exchange of products, services, and information between businesses, rather than between businesses and consumers (B2C). A B2B transaction is conducted between two companies, between wholesalers and online retailers. The B2B telecommunication is used for direct communications between businesses to transmit data, text, sound, voice, and video.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7513
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
