Global Telecom Managed Services Industry

Abstract:

What’s New for 2022??

Global competitiveness and key competitor percentage market shares

Market presence across multiple geographies - Strong/Active/Niche/Trivial

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Complimentary updates for one yearGlobal Telecom Managed Services Market to Reach $31.2 Billion by 2027
- In the changed post COVID-19 business landscape, the global market for Telecom Managed Services estimated at US$15.3 Billion in the year 2020, is projected to reach a revised size of US$31.2 Billion by 2027, growing at a CAGR of 10.7% over the analysis period 2020-2027. Managed Data Center, one of the segments analyzed in the report, is projected to record a 11.6% CAGR and reach US$9.3 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 10.7% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $8 Billion, While China is Forecast to Grow at 14.4% CAGR
- The Telecom Managed Services market in the U.S. is estimated at US$8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2027 trailing a CAGR of 14.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 9.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.1 Billion by the year 2027.
- Managed Communication Segment to Record 9.2% CAGR
- In the global Managed Communication segment, USA, Canada, Japan, China and Europe will drive the 9.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.1 Billion in the year 2020 will reach a projected size of US$3.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 11.1% CAGR through the analysis period.

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