Global Telecom Managed Services Market Report
Global Telecom Managed Services Market by Service Type (Managed Data Center, Managed Network Services, Managed Data and Information Services, Managed Mobility Services, Managed Communication Services, Managed Security Services); By Organization Size (Small and Medium Enterprises, and Large Enterprises); By Region (North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America) Trend Analysis, Competitive Market Share & Forecast, 2017-2027
- Published Date: June 2021
- Report ID: bwc20381
- Available Format: PDF
- Page: 161
Report Overview
Global Telecom
Managed Services Market- Industry Trends & Forecast Report 2027
The global telecom managed services market was worth USD 15.2 billion in 2020 and is further projected to reach USD 42.1 billion by 2027, at a CAGR of 14.1% during the forecast period (2021-2027). A decrease in the cost of managing enterprise infrastructure is likely to drive the growth of the global telecom managed services market. In terms of data speeds, the market for telecom managed services have witnessed significant evolution, from Global System for Mobile Communications (GSM) and Code Division Multiple Access (CDMA) networks to Third Generation (3G), Fourth Generation (4G), and now Fifth Generation (5G) networks. Rising investments by key players in the development of 5G infrastructure are also likely to fuel the global telecom managed services market. Additionally, consumers' increased need for high-speed data access is also fueling the market growth. The rising global consumption of digital media platforms has resulted in an increase in demand for higher bandwidths with high-speed connections, which is expected to drive the expansion of the global telecom managed services market.
Source:
BlueWeave Consulting
Global Telecom
Managed Services Market Overview
The telecom
industry has changed considerably in recent years, in terms of data service
penetration, technological innovation, tech-savvy clients, and mergers and
acquisitions by key players to deliver high Quality of Service (QOS) to
consumers and achieve viable business growth. Telecom managed service providers
monitor telecom services throughout the clock, identifying and resolving any
difficulties that arise. Companies might easily lose customers if their
communications services are interrupted. Customers are more likely to switch to
companies that provide better network and software management
services. Therefore the key players must reinforce their business
strategy because of increasing competition, high infrastructure costs, a
decline in core revenue, and business transformation,
Global Telecom
Managed Services Market Trend
Growth Drivers
Growing Investments in the
Development of New Technology
The global telecom managed services
market is expected to witness substantial growth due to increased investments
in the development of new technology. Additionally, the development of new
technology and 5G infrastructure by key companies such as Samsung and Ericsson are
expected to fuel the growth of the global telecom managed services market. As
the number of mobile users grows, so does the demand for high-speed internet
services, which in turn drives the global managed services market forward. Likewise,
the global telecom managed services sector is expected to grow as the use of
digital media platforms and social media grows.
Opportunities
Rise in Trend of BYOD (Bring Your
Own Device)
The increasing number of small and
medium-sized businesses as a result of the growing startup culture across the
globe has led the companies to adopt the BYOD culture to eradicate the initial
investments in the infrastructure of the companies. Furthermore,
today's businesses want employees to communicate with customers and coworkers
in order to maximize productivity, resulting in growing BYOD usage. Also, many
firms encounter limitations due to geographical boundaries and long-distance
collaborations between teams; however, BYOD allows them to connect easily and
easily transmit information. This new trend acts as a lucrative opportunity for
the global telecom managed services market.
Restraints
Revealing confidential information
to Managed Service Providers (MSPs)
Many MSPs are facing issues of data
privacy, security, and breach. There are certain regulatory compliances that
every MSPs must follow. MSPs who understand data privacy are in high demand in
the industry. The cybersecurity skills gap continues to wreak havoc on the
telecom managed service sector with many reporting that their organization does
not have the right data security. Increased cybercrime is predicted to have a
negative impact on the global telecom managed service market. As threats and
attacks continue to rise, MSPs must take the required steps to guarantee that
security compliance does not stifle the global telecom managed services
market's growth.
Impact of COVID-19
COVID-19 has harmed a wide range of
sectors, yet it has benefited the telecom managed services sector. Due to the lockdown
imposed by the government of different countries, cinema, and multiplexes had
to be closed to curb the spread of the virus. As a result, there has been an
increase in the use of OTT platforms, social media platforms, and digital platforms.
These factors are contributing to the surging need for bigger bandwidths and
high-speed connection, which is likely to fuel the global telecom managed
services market's expansion.
Consumers nowadays are increasingly
working from home as a result of Covid-19, which is fueling the global telecom
managed services industry. Moreover, the growing demand for digital platforms
has prompted major firms to invest in the growth of the telecom managed
services industry. Covid-19, therefore, has had a favorable impact on
the growth of the telecom managed services market.
Global Telecom Managed Services
Market: By Organization size
Based on organization size, the global
telecom managed services market is divided into two sub-segments—small &
medium enterprises (SMEs) and large enterprises. SMEs has the largest market
share in the global telecom managed services market. With the rising number of
small and medium enterprises, the demand for managed services is also
increasing. Small and medium enterprises have a limited in-house network and IT
infrastructure, which is why they prefer outsourced managed services from
service providers. Due to their flexibility and ease of use, managed services
have become an important part of the business process of SMEs, and are expected
to grow in the coming years. These are the reasons why the small and medium
enterprises segment holds the largest market share in the global telecom
managed services market.
Source:
BlueWeave Consulting
Global Telecom
Managed Services Market: Regional Insights
Based on the region, the global telecom managed services market is segmented into North America, the Asia-Pacific, Europe, Latin America, and the Middle East & Africa. The Asia-Pacific holds the largest share in the global telecom managed services market. North America accounted for the second-largest share for global telecom managed services market and is expected to grow with at a significant rate. The rising technological advancements and its adoption in the telecom industry are the main reasons that are driving the growth of the market in North America. The growth of the telecom managed services industry in this region has been fueled by new opportunities such as IT convergence. Also, the major firms are investing in North America since there is a huge demand for high-speed data connectivity and higher bandwidths in this region.
Competitive landscape
The major key players in the
global telecom managed services market are Cisco Systems,
Inc, Ericsson AB, Huawei Technologies Co., Ltd, International Business Machines
Corporation, Verizon Communications Inc., AT&T Inc., Centurylink, NTT Data
Corporation, Comarch SA, GTT Communications, Inc., Sprint.Com, Unisys, Amdocs
Inc., Tech Mahindra Limited, Deutsche Telekom AG, Softbank Group Corp, Vodafone
Group, and other prominent players. The
key industry players are consistently trying to improve
their production capabilities and product range to gain a competitive edge in
the market. Alliances, partnerships, acquisitions and mergers are also rampant
in the industry.
Recent Developments
·
In May 2021, Samsung and Erricson have signed a global patent license
agreement for cellular technologies such as 5G. Erricson and Samsung have
agreed to work together on technology projects to help the mobile and telecom
industries grow.
·
In March 2020, Cisco Systems, the worldwide leader in IT and networking
acquired Exablaze. This acquisition created an integration between Exablaze’s
innovative products and Cisco technology which provides latest Field Programmable
Gate Array (FPGA) technology to consumers for enhancing flexibility and
programmability.
Attribute |
Details |
Years Considered |
Historical data – 2017-2020 Base Year – 2020 Forecast – 2021 – 2027 |
Facts Covered |
Revenue in USD Million |
Market Coverage |
U.S, Canada, Germany, UK, France, Italy, Spain,
Brazil, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia,
Mexico |
Product/Service Segmentation |
By Service Type, Organization Size, and Region. |
Key Players |
Key Players for the market are Cisco Systems, Inc, Ericsson AB, Huawei Technologies
Co., Ltd, International Business Machines Corporation, Verizon Communications
Inc., AT&T Inc., Centurylink, NTT Data Corporation, Comarch SA, GTT
Communications, Inc., Sprint.Com, Unisys, Amdocs Inc., Tech Mahindra Limited,
Deutsche Telekom AG, SoftBank Group Corp, Vodafone Group, & other
prominent players. |
By Services
Type
Ø Managed Data
Center
Ø Managed Network
Services
Ø Managed Data and
Information Services
Ø Managed Mobility
Services
Ø Managed
Communication Services
Ø Managed Security
Services
By Organization
Size
Ø Small and Medium
Enterprises
Ø Large
Enterprises
By Region
Ø
North America
Ø
Europe
Ø The Asia-Pacific
Ø
Latin America
Ø
The Middle East & Africa
FAQs:
1.
What is the current size of the global telecom managed services market?
Answer: The global telecom
managed services market has reached USD 15.2 billion in 2020.
2.
What are the major factors driving the growth of the global telecom
managed services market?
Answer: Increased investments in
the development of recent technology, cost reduction in managing enterprises
are the major factors that drive the growth of the market.
3.
Who are the key players in the global telecom managed services market?
Answer: The key players in the
global telecom managed services market are Cisco Systems,
Inc, Ericsson AB, Huawei Technologies Co., Ltd, International Business Machines
Corporation, Verizon Communications Inc., AT&T Inc., Centurylink, NTT Data
Corporation, Comarch SA, GTT Communications, Inc., Sprint.Com, Unisys, Amdocs
Inc., Tech Mahindra Limited, Deutsche Telekom AG, SoftBank Group Corp, Vodafone
Group, & other prominent players.
4.
Which organization size segment accounted for the largest share in the
global telecom managed services market?
Answer: Small and Medium enterprises accounted for the largest share
in the global telecom managed services market.
5.
Which region has the largest share in global telecom managed services
market?
Answer: The Asia-Pacific has the
largest share in the global telecom managed services market.
1.1. Research
Objective
1.2. Service Type
Overview
1.3. Market
Segmentation
2. Research
Methodology
2.1. Qualitative
Research
2.1.1. Primary and
Secondary Sources
2.2. Quantitative
Research
2.2.1. Primary and
Secondary Sources
2.3. Breakdown of
Primary Research Respondents
2.3.1. Secondary
Research
2.3.2. Primary Research
2.4. Breakdown of
Primary Research Respondents, By Industry Participants
2.5. Market Breakdown
& Data Triangulation
3. Executive Summary
4. Global Telecom
Managed Services Market – Industry Insights
4.1. Value Chain
Analysis
4.2. DROC Analysis
4.2.1. Growth Drivers
4.2.2. Restraints
4.2.3. Opportunity
4.2.4. Challenges
4.3. Recent
Developments
4.4. Regulatory
Framework
5. Global Telecom
Managed Services Market Overview
5.1.Market Size &
Forecast by Value, 2017-2027
5.1.1. By Value (USD
Million)
5.2.Market Share
& Forecast
5.2.1. By Service Type
5.2.1.1. Managed Data
Center
5.2.1.2. Managed Network
Services
5.2.1.3. Managed Data and
Information Services
5.2.1.4. Managed Mobility
Services
5.2.1.5. Managed
Communication Services
5.2.1.6. Managed Security
Services
5.2.2. By Organization
Size
5.2.2.1. Small and Medium
Enterprises
5.2.2.2. Large Enterprises
5.2.3. By Region
5.2.3.1. North America
5.2.3.2. Europe
5.2.3.3. The Asia-Pacific
5.2.3.4. Latin America
5.2.3.5. The Middle East & Africa
6. North America
Telecom Managed Services Market
6.1. Market Size &
Forecast by Value, 2017-2027
6.1.1. By Value (USD
Million)
6.2. Market Share
& Forecast
6.2.1. By Service Type
6.2.2. By Organization
Size
6.2.3. By Country
6.2.3.1. United States
6.2.3.2. Canada
7. Europe Telecom
Managed Services Market
7.1. Market Size &
Forecast by Value, 2017-2027
7.1.1. By Value (USD
Million)
7.2. Market Share
& Forecast
7.2.1. By Service Type
7.2.2. By Organization
Size
7.2.3. By Country
7.2.3.1. Germany
7.2.3.2. United Kingdom
7.2.3.3. France
7.2.3.4. Italy
7.2.3.5. Spain
7.2.3.6. Rest of Europe
8. Asia Pacific
Telecom Managed Services Market
8.1. Market Size &
Forecast by Value, 2017-2027
8.1.1. By Value (USD
Million)
8.2. Market Share
& Forecast
8.2.1. By Service Type
8.2.2. By Organization
Size
8.2.3. By Country
8.2.3.1. India
8.2.3.2. China
8.2.3.3. Japan
8.2.3.4. South Korea
8.2.3.5. Rest of Asia
Pacific
9. Latin America
Telecom Managed Services Market
9.1. Market Size &
Forecast by Value, 2017-2027
9.1.1. By Value (USD
Million)
9.2. Market Share
& Forecast
9.2.1. By Service Type
9.2.2. By Organization
Size
9.2.3. By Country
9.2.3.1. Brazil
9.2.3.2. Mexico
9.2.3.3. Rest of Latin
America
10.Middle East &
Africa Telecom Managed Services Market
10.1.
Market Size & Forecast by Value, 2017-2027
10.1.1.
By Value (USD Million)
10.2.
Market Share & Forecast
10.2.1.
By Service Type
10.2.2.
By Organization Size
10.2.3.
By Country
10.2.3.1. Saudi Arabia
10.2.3.2. UAE
10.2.3.3. South Africa
10.2.3.4. Rest of Middle
East & Africa
11.Competitive
Landscape
11.1.
List of Key Players and Their Offerings
11.2.
Market Share Analysis (2020)
11.3.
Competitive Benchmarking, By Operating Parameters
12.Impact of
COVID-19 on Global Telecom Managed Services Market
13.Company Profiles
(Company Overview, Financial Matrix, Key Service Type landscape, Key Personnel,
Key Competitors, Contact Address, and Strategic Outlook)
13.1. Cisco
Systems, Inc.
13.2. Ericsson
AB
13.3. Huawei
Technologies Co., Ltd
13.4. International
Business Machines Corporation
13.5. Verizon
Communications Inc.
13.6. AT&T
Inc.
13.7. NTT
Data Corporation
13.8. Centurylink
13.9. Comarch
SA
13.10.
GTT Communications, Inc.
13.11.
Sprint.Com
13.12.
Unisys
13.13.
Amdocs Inc.
13.14.
Tech Mahindra Limited
13.15.
Deutsche Telekom AG
13.16.
SoftBank Group Corp
13.17.
Vodafone Group
13.18.
Other Prominent Players
14.Key Strategic
Recommendations
* Financial information of non-listed Companies will be provided as
per availability
**The segmentation and the companies are subjected to modifications
based on in-depth study during the final deliverable.
List of Figures
Fig: Global Telecom Managed Services Market Segmentation
Fig: Global Telecom Managed Services Market Value
Chain Analysis,
Fig: Company Market Share Analysis, 2020
Fig: Global Telecom Managed Services Market Size,
By Value (USD Million), 2017-2027
Fig: Global Telecom Managed Services Market Share
(%), By Service Type, By Value, 2017-2027
Fig: Global Telecom Managed Services Market Share
(%), By Organization Size, By Value, 2017-2027
Fig: Global Telecom Managed Services Market Share
(%), By Country, By Value, 2017-2027
Fig: North America Telecom Managed Services Market
Size, By Value (USD Million), 2017-2027
Fig: North America Telecom Managed Services Market
Share (%), By Service Type, By Value, 2017-2027
Fig: North America Telecom Managed Services Market
Share (%), By Organization Size, By Value, 2017-2027
Fig: North America Telecom Managed Services Market
Share (%), By Country, By Value, 2017-2027
Fig: Europe Telecom Managed Services Market Size,
By Value (USD Million), 2017-2027
Fig: Europe Telecom Managed Services Market Share
(%), By Service Type, By Value, 2017-2027
Fig: Europe Telecom Managed Services Market Share
(%), By Organization Size, By Value, 2017-2027
Fig: Europe Telecom Managed Services Market Share
(%), By Country, By Value, 2017-2027
Fig: Asia-Pacific Telecom Managed Services Market
Size, By Value (USD Million), 2017-2027
Fig: Asia-Pacific Telecom Managed Services Market
Share (%), By Service Type, By Value, 2017-2027
Fig: Asia-Pacific Telecom Managed Services Market
Share (%), By Organization Size, By Value, 2017-2027
Fig: Asia-Pacific Telecom Managed Services Market
Share (%), By Country, By Value, 2017-2027
Fig: Latin America Telecom Managed Services Market
Size, By Value (USD Million), 2017-2027
Fig: Latin America Telecom Managed Services Market
Share (%), By Service Type, By Value, 2017-2027
Fig: Latin America Telecom Managed Services Market
Share (%), By Organization Size, By Value, 2017-2027
Fig: Latin America Telecom Managed Services Market
Share (%), By Country, By Value, 2017-2027
Fig: Middle East & Africa Telecom Managed
Services Market Size, By Value (USD Million), 2017-2027
Fig: Middle East & Africa Telecom Managed
Services Market Share (%), By Service Type, By Value, 2017-2027
Fig: Middle East & Africa Telecom Managed
Services Market Share (%), By Organization Size, By Value, 2017-2027
Fig: Middle East & Africa Telecom Managed
Services Market Share (%), By Country, By Value, 2017-2027
List of Tables
Table: Global Telecom Managed Services Market Size,
By Service Type, By Value, 2017-2027
Table: Global Telecom Managed Services Market Size,
By Organization Size, By Value, 2017-2027
Table: Global Telecom Managed Services Market Size,
By Region, By Value, 2017-2027
Table: North America Telecom Managed Services
Market Size, By Service Type, By Value (USD Million), 2017-2027
Table: North America Telecom Managed Services
Market Size, By Organization Size, By Value (USD Million), 2017-2027
Table: North America Telecom Managed Services
Market Size, By Country, By Value (USD Million), 2017-2027
Table: Europe Telecom Managed Services Market Size,
By Service Type, By Value (USD Million), 2017-2027
Table: Europe Telecom Managed Services Market Size,
By Organization Size, By Value (USD Million), 2017-2027
Table: Europe Telecom Managed Services Market Size,
By Country, By Value (USD Million), 2017-2027
Table: the Asia-Pacific Telecom Managed Services
Market Size, By Service Type, By Value (USD Million), 2017-2027
Table: the Asia-Pacific Telecom Managed Services
Market Size, By Organization Size, By Value (USD Million), 2017-2027
Table: the Asia-Pacific Telecom Managed Services
Market Size, By Country, By Value (USD Million), 2017-2027
Table: Latin America Telecom Managed Services
Market Size, By Service Type, By Value (USD Million), 2017-2027
Table: Latin America Telecom Managed Services
Market Size, By Organization Size, By Value (USD Million), 2017-2027
Table: Latin America Telecom Managed Services
Market Size, By Country, By Value (USD Million), 2017-2027
Table: The Middle-East & Africa Telecom Managed
Services Market Size, By Service Type, By Value (USD Million), 2017-2027
Table: The Middle-East & Africa Telecom Managed Services Market
Size, By Organization Size, By Value (USD Million), 2017-2027
Table: The Middle-East & Africa Telecom Managed
Services Market Size, By Country, By Value (USD Million), 2017-2027
Table: Cisco Systems,
Inc. Financial Analysis
Table: Cisco Systems,
Inc. Business Overview
Table: Ericsson AB
Financial Analysis
Table: Ericsson AB
Business Overview
Table: Huawei
Technologies Co., Ltd. Financial Analysis
Table: Huawei
Technologies Co., Ltd. Business Overview
Table: International Business Machines Corporation
Financial Analysis
Table: International
Business Machines Corporation Business Overview
Table: Verizon
Communications Inc. Financial Analysis
Table: Verizon
Communications Inc. Business Overview
Table: AT&T Inc.
Financial Analysis
Table: AT&T Inc.
Business Overview
Table: Centurylink
Financial Analysis
Table: Centurylink Business
Overview
Table: NTT Data Corporation Financial Analysis
Table: NTT Data
Corporation Business Overview
Table: Comarch SA
Financial Analysis
Table: Comarch SA
Business Overview
Table: GTT
Communications, Inc. Financial Analysis
Table: GTT
Communications, Inc. Business Overview
Table: Sprint.Com
Financial Analysis
Table: Sprint.Com
Business Overview
Table: Unisys
Financial Analysis
Table: Unisys Business
Overview
Table: Amdocs Inc.
Financial Analysis
Table: Amdocs Inc.
Business Overview
Table: Tech Mahindra
Limited Financial Analysis
Table: Tech Mahindra
Limited Business Overview
Table: Deutsche Telekom AG Financial Analysis
Table: Deutsche
Telekom AG Business Overview
Table: SoftBank Group
Corp Financial Analysis
Table: SoftBank Group
Corp Business Overview
Table: Vodafone Group
Financial Analysis
Table: Vodafone Group
Business Overview
Market Segmentation
By Services
Type
Ø Managed Data
Center
Ø Managed Network
Services
Ø Managed Data and
Information Services
Ø Managed Mobility
Services
Ø Managed
Communication Services
Ø Managed Security
Services
By Organization
Size
Ø Small and Medium
Enterprises
Ø Large
Enterprises
By Region
Ø
North America
Ø
Europe
Ø The Asia-Pacific
Ø
Latin America
Ø
The Middle East & Africa
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