Telecom Outsourcing Market, Is Expected to Grow at an Impressive Rate and Touch, COVID – 19 Outbreak, Business Trends, Geographic segmentation by Forecast 2027
Market Scenario:
The Global
Telecom Outsourcing Market is Expected to register
a 4.3% CAGR during
the forecast period. North America
has been projected to lead the telecom outsourcing market during the forecast
period, followed by Europe.
Significantly
high adoption of mobile users and the growth of LTE and VoLTE are factors are
contributing to the market growth. Furthermore, the reduction in operating
costs and the rising adoption of cloud services across enterprises and
industries are boosting the growth of the telecom outsourcing market. However,
risks associated with cybersecurity and data loss are limiting market growth.
COVID-19 Analysis:
In a nutshell, COVID-19
impact on managed services has been fruitful, with the market growth enhanced
than before. Given the prevalent lockdown situation, managed services vendors
are now investing heavily in remote-centric worker solutions, which can make
the market highly resilient in the coming years, even as the world is currently
rushing to achieve a COVID-19 breakthrough.
The business impact of
SARS-CoV-2 has been felt across diverse sections of the information technology
industry, albeit at different levels. Companies in the technology sector that
supply services for verticals like travel, retail, hospitality, and
entertainment have noted a dramatic decrease in sales, while the firms that
provide services related to remote worker solutions have observed the opposite.
Telecom Outsourcing Market ’s fate post pandemic has been relatively less grim
compared to Education Services (ES) and Professional Services (PS) that are
mostly dependent on components that are generally on-site. Novel coronavirus
has Telecom Outsourcing Market to open new avenues for those firms that
are on the lookout for solutions that are reliable, efficiently managed,
scalable, and are subscription-based, to remain more focused on the core
business. The Telecom Outsourcing Market is bearing lesser impact of the COVID-19
outbreak compared to most other segments of the tech world.
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Based on outsourcing type, the telecom outsourcing
market has been categorized as call canter outsourcing, finance and accounting
outsourcing, billing operations outsourcing, infrastructure maintenance
outsourcing, and others. The project period segment has been divided into short
term and long term. The services segment includes managed services and
professional services. The organization size segment includes SMEs and large
organizations. Based on network type, the telecom outsourcing market has been
categorized into fixed and mobile. Whereas, based on region, the market has
been segmented into Asia-Pacific, North America, Europe, the Middle East &
Africa, and South America.
Competitive Outlook:
Market Research Future (MRFR) identifies the
following companies as the key in connected agriculture market are – Ericsson
(Sweden), Huawei Technologies Co. Ltd (China), Hewlett Packard Enterprise
Corporation (U.S), IBM Corporation (U.S), NEC Corporation (Japan), Cisco
systems Incorporation (U.S.), Nokia Networks (Finland), Motorola Solutions,
Inc. (U.S), Fujitsu Ltd (Japan), ZTE Corporation (China).
Regional
Analysis:
Europe
is expected to be the prominent region in telecom outsourcing market over the
forecast period. This is attributed to the telecom companies are dedicated
focusing towards in technological advancement and increased number of
replacements of conventional methods inn telecom sector is expected to foster
the market over forecast period.
However,
Asia Pacific is expected to foresee a promising region and better prospects for
the telecom outsourcing market for the forecast period 2017-2023. Lowering in
operational costs and increased adoption rate of telecom outsourcing is
presumed to drive the telecom outsourcing market. Moreover, Increased adoption
rate of cloud computing techniques by telecom operators is presumed to be one
of the major advantages to boost the telecom outsourcing market over the
forecast period.
1 Executive
Summary
2 Scope
of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Continue…..
List of Tables
TABLE 1 LIST OF ASSUMPTIONS
TABLE 2 GLOBAL TELECOM OUTSOURCING MARKET, BY
OUTSOURCING TYPE, 2020–2027 (USD BILLION)
TABLE 3 GLOBAL TELECOM OUTSOURCING MARKET, BY
PROJECT PERIOD, 2020–2027 (USD BILLION)
Continue….
List of Figures
FIGURE 1 MARKET SYNOPSIS
FIGURE 2 GLOBAL TELECOM OUTSOURCING MARKET: MARKET
STRUCTURE
FIGURE 3 RESEARCH PROCESS OF MRFR
Continue….
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List of Tables
TABLE
1 LIST OF ASSUMPTIONS
TABLE
2 GLOBAL TELECOM OUTSOURCING MARKET, BY OUTSOURCING TYPE, 2020–2027 (USD
BILLION)
TABLE
3 GLOBAL TELECOM OUTSOURCING MARKET, BY PROJECT PERIOD, 2020–2027 (USD BILLION)
Continued…
List of Figures
FIGURE
1 MARKET SYNOPSIS
FIGURE
2 GLOBAL TELECOM OUTSOURCING MARKET: MARKET STRUCTURE
FIGURE
3 RESEARCH PROCESS OF MRFR
Continued…
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