Global Telecom Managed Services Market Boosted by Mobile Gadgets’ Uptake

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.

Telecom Managed Services Market Adopting Innovative Business Strategies by 2025

Global Telecom Managed Services Market: Overview

In today’s technology-driven markets, businesses have become exceedingly complicated. In addition, the degree of competition in any industry is high. Under such circumstances, managed services are becoming popular as it enables entities to cut down on capital expenditure. Telecom managed services is one of them. It primarily entails maintenance and operation of the day-to-day business processes of enterprises network infrastructure and services.

In the near future, the global telecom managed services market is primed for robust expansion because of the numerous benefits it accords.

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Global Telecom Managed Services Market: Key Trends

Telecom managed services allow companies to slash their expenditure on managing enterprise infrastructure. It also allows them to focus more on primary business activities and primary strategies, bring down risks related with business operations, and enhance operational efficiency and agility. On account of so many advantages, global telecom managed services is set to expand at a good clip in the near future.

Global Telecom Managed Services Market: Market Potential

The different types of services in the global telecom managed services market are managed data center, managed network services, managed data and information services, managed mobility services, managed communications services, and managed security services. The segment of managed mobility service is likely to hold out maximum promise for service providers looking to tap into the market because of the massive penetration of tablets, smartphones, and other smart devices in businesses.

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Managed mobility services primarily entails configuration, deployment, and management of mobile devices such as smart phones and tablets for employees in office and those on-the-go by bringing about seamless network connectivity using wired or wireless technology. Managed mobility services allow employees access to enterprise data from any mobile device at any time and from anywhere.

Depending upon the sizes of organizations, the large enterprises could hold a key share in the market in the coming years. This is because, they are increasingly turning to managed services to better manage their enterprise infrastructure, bring down operational costs, reduce the number of support staff, and conduct daily operations seamlessly. The affordability of resources and high economies of scale allow these organizations to leverage the benefits of managed services.

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Global Telecom Managed Services Market: Regional Outlook

Geographically, the key segments of the market are Asia Pacific, Europe, North America, and the Rest of the World. Asia Pacific, among them, could demonstrate maximum growth potential in the upcoming years on the back of both developed and developing nations in the regions betting big on technology which has resulted in growing internet and mobile services and building of new data centers. India and China can be considered to be the two-most prominent markets in the region on account of the integration of advanced technologies such as LTE, IoT, and mobility.

Global Telecom Managed Services Market: Competitive Analysis

In order to assess the competition prevailing in the global market for telecom managed services, the report profiles companies such as Amdocs, AT&T, CenturyLink, Cisco Systems, Inc., Comarch S.A., Ericsson AB, GTT Communications, Inc., Huawei Technologies Co., Ltd., IBM, NTT Data, Sprint.com, Tech Mahindra, Unisys, and Verizon. The report studies their key strategies, revenues, market shares, and unique selling points in details.

Need for Operation Efficiency to Fuel Demand for Telecom Managed Services

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.