Information Communication and Technology Reports Telecom Managed Services Market

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 and in-depth TOC on “Telecom Managed Services Market”
79 - Tables
72 - Figures
146 - Pages
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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.
Small and Medium Sized Enterprises (SMEs) will dominant the telecom managed services market by 2022
Among organization size, the SMEs segment is expected to grow at the highest rate in the telecom managed
services market during the forecast period. The SMEs are strongly adopting managed services for managing and
operating their enterprise infrastructure including network implementation, data center management, mobility,
and security services. Security and compliance and reduction in downtime and operational expenditure are some
of the major benefits SMEs are experiencing through the adoption of managed services.