Published on : Feb 26, 2018
Albany, New York, February 26, 2018: As the demand for the superior telecom services has been growing, the telecom industry is putting various efforts in order to remain competitive and improving customer experience. Recently, a study titled “Telecom Enterprise Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” has been publicized to the wide database of Market Research Hub (MRH), which clearly states that demand for telecom enterprise services is expected to surge in coming years with the expansion of micro, small, and medium enterprises (MSMEs) and the enormous rise in industrial activities around the world.
This newly added report covers all the prevalent trends and technologies that are anticipated to play a major role in the growth of the telecom enterprise services market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence market growth during the said period. Moreover, the research also offers a comprehensive cross-sectional analysis of the telecom enterprise services market across major geographies including North America, Europe, Asia Pacific, Middle-East and Africa (MEA), and South America.
Major Insights and Segmental Overview
According to the study estimations, the telecom enterprise services market will reach a valuation of US$237.5 bn by 2025. Also, the market is projected to expand at a CAGR of 4.1% during the forecast period 2017–2025.
It has been reported that in the past few years, both the consumer and enterprise sector have perceived an increase in mobile data consumption as compared to other products and services offered by telecom operators. Many operators are looking forward to diversifying their revenue streams by improving their services. Banking, IT & ITes are major sectors implementing telecom enterprise services and mobility solutions to improve the customer experience.
For a clear understanding, the global market has been analyzed on the basis of the solution, revenue stream, and end-user. By solution, enterprise services include Voice, Managed Service, Data/Internet Service, Cloud Service and Wireless/Mobility. Analysts find that voice-based solutions are expected to remain the leading contributor to the global telecom enterprise services market. The market is further segmented into various revenue streams which include master agent, carriers and other.
On the basis of end-user, the segment of small and medium-sized enterprises is anticipated to expand at the most promising pace in the coming years.
In the end, the competitive scenario of Global telecom enterprise services market has been included which shows how the evolution of the market is encouraging new businesses to enter the industry and how is it affecting the existing businesses in the market. The report includes brief profiling of the major players in the market that shows their strategies and potential. At present, companies operating in this market include X4 Solutions, Intracom Telecom SA, Telecom Brokers, Business Communications Management, Inc., WTG Technologies Limited, Advoda Communications, Inc., Telecom Brokerage Inc., Intelisys Communications, Inc., Converged Network Services Group, and Telarus Inc. among others.
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