The Business Research Company’s Telecom Managed Services Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Telecom Managed Services Global Market Report 2023 evaluates telecom managed services market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global telecom managed services market size is expected to grow from $19.51 billion in 2022 to $22.48 billion in 2023 at a compound annual growth rate (CAGR) of 15.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the telecom managed services market is expected to grow to $38.32 billion in 2027 at a CAGR of 14.3%.
The increasing internet penetration is expected to drive demand for telecom managed services in the forecast period. The internet penetration is rising mainly due to the increasing use of smartphones and the growing influence of social networking site. The rapidly growing internet user base generates high demand for managed services for contracts, billing, legacy equipment, user issues and for providing better customer experience. For instance, the number of internet users worldwide increased from 4.02 billion in 2018 to nearly 4.95 billion by 2022. Hence, the growing internet using population is expected to drive the telecom managed services market.
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The telecom managed services market segments in the report are:
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)
The table of contents in TBRC’s telecom managed services market report includes:
- Executive Summary
- Telecom Managed Services Market Characteristics
- Telecom Managed Services Market Trends And Strategies
- Telecom Managed Services Market – Macro Economic Scenario
- Telecom Managed Services Market Size And Growth
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- Africa Telecom Managed Services Market
- Telecom Managed Services Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Telecom Managed Services Market
- Telecom Managed Services Market Future Outlook and Potential Analysis
- Appendix
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