San Francisco, California, June 23, 2017: A new market report by TMR Research states that the global market for telecom managed services has been witnessing a remarkable rise and is anticipated to remain doing so over the next few years. The research report, titled “Telecom Managed Services Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” provides a detailed and unbiased assessment of this market on the basis of its past and existing performance. The key trends, driving forces, obstructions, opportunities, and the growth potential of this market have also been analyzed while performing this research.
Nowadays, businesses are becoming exceedingly complicated and the degree of competition is rising substantially. In these conditions, managed services, especially telecom managed services, have become increasingly popular, since they help entities to curb capital expenditure. Telecom managed services primarily involve the maintenance and operation of the everyday business procedures of enterprises network infrastructure and services. Over the coming years, the global market for telecom managed services will witness a robust expansion due to the numerous advantages of these services, states the research report.
As telecom managed services enable companies to reduce their expenditure on managing enterprise infrastructure, allow them to concentrate more on their core business activities and crucial strategies, slash risks related to business operations, and improve their operational efficacy and agility, their demand is likely to increase substantially in the years to come, reflecting greatly on the worldwide market for telecom managed services, notes the research study.
The report broadly analyze the global telecom managed services market on the basis of its presence across Asia Pacific, North America, Europe, and the Rest of the World. Among these, Asia Pacific is anticipated to acquire the topmost position during the forecast period on the grounds of the technological advancements in both developed and emerging economies in this region, leading to the rising penetration of the internet and mobile services and the construction of new data centers. India and China have emerged as the most prominent domestic markets in Asia Pacific reports the study.
The report also evaluates the competition prevalent in the global market for telecom managed services by reviewing the profiles of the prominent vendors across the world, such as Amdocs, CenturyLink, AT&T, Cisco Systems Inc., Unisys, Ericsson AB, Comarch S.A., GTT Communications Inc., IBM, Huawei Technologies Co. Ltd., NTT Data, Tech Mahindra, Sprint.com, and Verizon. It further studies their key strategies, market shares, revenues, and unique selling points (USPs) in details in an effort to determine the market’s hierarchy.