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Telecom Managed Services Market Share

Report ID: GMI6774
Published Date: Jul 2024
Report Format: PDF

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Telecom Managed Services Market Share

The major companies operating in the telecom managed services industry are:

Cisco Systems, Inc.
Verizon Communications Inc.
NTT DATA
Ericsson AB
Amdocs
Verizon Communications Inc.
Tech Mahindra
Fujitsu Ltd.

These companies are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Telecom managed services market size was USD 21.3 billion in 2023 and may witness over 12.5% CAGR from 2024 to 2032 due to the rising adoption of 5G services worldwide

The large enterprises segment held 68% of the telecom managed services industry share in 2023 owing to the surging need for specialized expertise and resources to efficiently manage telecommunications

Telecom managed services market from the managed data center services segment may reach significant value by 2032 with more telecom companies seeking to reduce operational complexities and focus on core services

North America garnered 36% share of the telecom managed services industry in 2023 due to the growing stringent regulatory compliance requirements