Information Communication and Technology Reports Telecom Managed Services Market Research Report 20

Telecom Managed Services Market size is expected to
grow from USD 11.90 billion in 2017 to USD 22.58 billion
by 2022
According to a new market research report ”Telecom Managed Services Market by Service Type
(Managed Data Center, Managed Network, Managed Data and Information, Managed Mobility,
Managed Communication, and Managed Security), Organization Size, and Region - Global
Forecast to 2022", published by MarketsandMarkets™, The telecom managed services market size is
estimated to grow from USD 11.90 Billion in 2017 to USD 22.58 Billion by 2022, at a CAGR of 13.7%.
In managed services, enterprises outsourced their business operation specifically services related to ICT
ecosystem on Service Level Agreements (SLA). It basically includes maintenance and operation of the day-
to-day business processes of enterprises network infrastructure and services. The base year considered for
the study is 2016 and the forecast period has been determined from 2017 to 2022.
Browse 79 market data tables and 72 figures spread through 146 pages and in-depth TOC on "Telecom
Managed Services Market by Service Type (Managed Data Center, Managed Network, Managed Data and
Information, Managed Mobility, Managed Communication, and Managed Security), Organization Size, and
Region - Global Forecast to 2022"
Major Key Leaders:
The major vendors in the telecom managed services market are Amdocs (US), AT&T (US), CenturyLink
(US), Cisco Systems, Inc. (US), Comarch S.A. (Poland), Ericsson AB (Sweden), GTT Communications, Inc.
(US), Huawei Technologies Co., Ltd. (China), IBM (US), NTT Data (Japan), Sprint.com (US), Tech Mahindra
(India), Unisys (US), and Verizon (US).
Cost reduction in managing enterprise infrastructure, better focus on core business activities and core
strategies, low risk associated with business operations in terms of security, and improved operational
efficiency, reliability, and agility in the business process are some of driving forces in the telecom managed
services market.
Managed data center services to play a key role in the telecom managed services market by 2022
The managed data center services segment has the largest market share in the telecom managed services
market during the forecast period. Demand for managing data center services is increasing across all the
regions. With the proliferation of smartphones and tablets across enterprises and increased use of social
media in the consumer segment has resulted in the production of huge amount of data. In addition to this,
the IoT is another major area where the amount of data has been generating exponentially day-by-day.
These factors drive the demand for managed data center services across the organization.
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Small and Medium Sized Enterprises (SMEs) will dominant the telecom managed services market
by 2022