The telecom managed services market has shown impressive growth in recent years, estimated to rise from $25.82 billion in 2024 to $29.7 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 15.0%. The sizeable expansion during the historic period can be traced to factors such as network complexity, emphasis on core business functions, cost optimization, a swelling subscriber base, the globalization of telecom operations, and rapid expansion of mobile services.
Moreover, the telecom managed services market outlook remains promising, projected to proliferate to $51.15 billion by 2029 at a CAGR of 14.6%. This anticipated growth in the forecast period finds its roots in focus on quality of service, customer experience management, cybersecurity concerns, demand for network analytics, network slicing implementation, emphasis on sustainability and green telecom. Accelerating the industry trends is technological convergence, 5g deployment and network modernization, cloud-native and edge computing integration, internet of things (IoT) connectivity management, AI and machine learning for predictive analytics and network function outsourcing.
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What Are The Key Operators Driving The Telecom Managed Services Market Strategy?
The skyrocketing internet penetration is anticipated to fuel demand for telecom managed services. This surge is mainly attributable to the escalating usage of smartphones and the growing influence of social networking sites. The rapidly growing internet user base generates a high demand for managing services contracts, billing, legacy equipment, users’ complaints, and bettering customer experience. For instance, the UK Parliament expects a staggering 24 billion interconnected devices worldwide by 2050 with the number of smartphone users in the UK reaching 61 million by 2024. Therefore, this growing internet user population plays a pivotal part in driving the telecom managed services market.
What Are The Major Segments Within The Global Telecom Managed Services Market?
1) Managed Data Center
2) Managed Network Services
3) Managed Data And Information Services
4) Managed Mobility Services
5) Managed Communications Services
6) Managed Security Services
7) On-Premise
8) Cloud
9) Large Enterprises
10)Small And Medium Enterprises (SMEs)
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Who Are The Major Players In The Telecom Managed Services Space?
Notable companies operating in the telecom managed services market include 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, and others.
What Are The Emerging Trends In The Telecom Managed Services Market?
A significant trend gaining traction in the telecom managed services market is technological advancements. Companies operating in the market are focusing on embracing new technologies, service delivery platforms, and services to expand market share. For instance, Enea, a Sweden-based IT company, launched the industry’s first comprehensive Wi-Fi Software-as-a-Service (SaaS) service management solution for communication service providers (CSPs) in June 2022.
Which Region Holds The Largest Share In The Telecom Managed Services Market?
North America has been the dominant region in the telecom managed services market share in 2024. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Telecom Managed Services Market Report 2025 Offer?
Telecom managed services are the telecom operations managed by a third party. Telecom managed services enable telecom companies to reduce costs and focus more on their core business and fundamental strategies. The Telecom Managed Services Market research report from The Business Research Company presents a global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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