Telecom Managed Services Global Market is Projected to Reach $43.3 Billion by 2030: Rising Demand for Managed Data & Information Services Sustains Momentum

DUBLIN, June 16, 2023 /PRNewswire/ -- The "Telecom Managed Services: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for Telecom Managed Services estimated at US$19.4 Billion in the year 2022, is projected to reach a revised size of US$43.3 Billion by 2030, growing at a CAGR of 10.6% over the analysis period 2022-2030.

Managed Data Center, one of the segments analyzed in the report, is projected to record a 11.5% CAGR and reach US$13.2 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Managed Data & Information segment is readjusted to a revised 10.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $10 Billion, While China is Forecast to Grow at 14.4% CAGR

The Telecom Managed Services market in the U.S. is estimated at US$10 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2030 trailing a CAGR of 14.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 9.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.1 Billion by the year 2030.

Select Competitors (Total 46 Featured) -

• AMDOCS
• AT&T, Inc.
• CenturyLink
• Cisco Systems, Inc.
• Comarch SA
• Ericsson
• GTT Communications, Inc.
• Hewlett-Packard Development Company, L.P.
• Huawei Technologies Co., Ltd.
• International Business Machines Corporation
• NTT DATA, Inc.
• Sprint.com
• Tech Mahindra Limited
• Unisys Corporation
• Verizon Communications Inc.
• ZTE Corporation

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• An Introduction to Telecom Managed Services
• Telecom Managed Services: Current Market Scenario and Outlook
• Managed Data Center Services: Largest Service Segment
• Key Factors Aiding Expansion of Internet Data Center Market: Ranked by Importance Attached by Enterprises
• World Internet Data Centers Market in US$ Million (2019 & 2022)
• Managed Mobility Services Emerges as Fastest Growing Category
• Rise of BYOD Solidifies Relevancy of Managed Mobility Services
• Key Business Areas Targeted for Mobility Over the Next Few Years Ranked by Priority Attached by Enterprise IT Departments
• Key Elements Targeted for Managed Mobility Deployments in the Short-Term Ranked by Priority Attached by Enterprise IT Departments
• Enterprise Mobility & End-Use Sector Perspective: A Snapshot
• While Developed Regions Remain Major Revenue Contributors, Developing Regions Emerge as Fast Growing Markets
• Economic Scenario and its Impact on Telecom Managed Services Market
• Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2021
• Competitive Scenario
• Recent Market Activity
• Telecom Managed Services - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Rising Demand for Managed Data & Information Services Sustains Momentum in Telecom Managed Services Market
• Relevancy of Managed Communication Services Augurs Well
• VoIP Pulling Away Voice Minutes from Traditional PSTN
• Growing Investments in 4G, Promised Benefits of 5G & the Ensuing Emphasis on VoLTE to Boost VoIP Adoption
• 4G & 5G Subscriptions/Subscribers (In Million) for the Years 2017, 2018, 2020 and 2022
• Growing Opportunities for Managed Security Services
• Security Threats from Cloud Infrastructure Drive Demand
• Growing Proliferation of Cloud Computing: Percentage Breakdown of Cloud IT Spending As a Percentage of Total IT
• Managed Network Services Remain a Prominent Segment
• Rising Trend for Operational Efficiency, Agility and Reliability in Business Process Benefits Telecom Managed Services
• Telecom Managed Services Minimizes Risks Associated with Business Operations Security
• Focus on Core Business Activities Provides Momentum
• Reduction of Managing Enterprise Infrastructure Cost Bolsters Market Prospects
• Rising Demand for Cloud based Offerings Extend Opportunities
• Ability of Telecom Managed Services for Disaster Control and Recovery Augurs Well

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/t8ckwd

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SOURCE Research and Markets