San Francisco, California, October 05, 2018: A recent report by TMR Research, titled, “Telecom Managed Services Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017–2025,” says that owing to businesses getting complicated in the current hi-tech world, managers need to focus hard on their core competencies. This has led to the growth in the global telecom managed services market.
The foremost unique perceived benefit of telecom managed services is its ability to cut down costs. With a third party taking charge of the operation and maintenance of the network services and infrastructure of a company, it can afford to do away with the need to hire skilled personnel for it.
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This also allows the company to focus better on its main operations, thereby allowing it to improve its nimbleness. Because of such benefits, the global telecom managed services market is predicted to rise in the next couple of years.
Based on services, the global telecom managed services market can be segmented into managed data center, managed network services, managed communications services, managed data and information services, managed security services, and managed mobility services. Among them, the managed mobility services are seeing rising uptake because of the proliferation of tabs, smart phones, and other smart gadgets used in offices.
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With respect to end users, the global telecom managed services market is currently being driven by the large enterprises. Those account for a major share in the market. This is primarily a result of firms trying to cut down their support staff and operational expenses.
Geographically, Asia Pacific leads the global telecom managed services market because of the developing nations progressing due to technology. This has resulted in better internet facilities, proliferating mobile services, and construction of new data centers.
Some of the key players in the market that have been profiled in the report are Amdocs, CenturyLink, IBM, Cisco Systems, Inc., AT&T, Ericsson AB, Comarch S.A., Huawei Technologies Co., Ltd., and NTT Data.