Pune, India, May 2019, MRFR Press Release/- Market Research Future Published a Cooked Research Report on the Global Telecom Outsourcing Market.
Market Highlights
The Global Market Telecom Outsourcing is spanned across North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
The key drivers of the market include significantly high adoption of mobile users, reduction in operating costs and the rising adoption of cloud services across enterprises and industries, which are boosting the growth of the global telecom outsourcing market. However, risks associated with cybersecurity and data loss issues are limiting market growth.
North America led the telecom outsourcing market in 2018, whereas Asia-Pacific is expected to be the fastest growing market in the telecom outsourcing market during the forecast period. Europe is expected to be at the second spot for the telecom outsourcing market in terms of market share in 2018.
North America is expected to be the largest market for telecom outsourcing and continue growing steadily during the forecast period. This can be attributed to the rapid proliferation of the IT & telecommunication sector in the US. This region is a hub some of the largest multinational corporations operating in this market, including most of the leading players. New and improved technologies are readily adopted by the enterprises in this region. These factors are crucial in driving the market in North America. Along with this, the increasing utilization of LTE and VoLTE is expected to boost the growth of the telecom outsourcing market in North America.
Europe was the second largest market for telecom outsourcing in 2018. For the purpose of analysis, the region has been segmented into the UK, Germany, France, and the rest of Europe. According to the MRFR analysis, the UK is expected to gain the highest market share. Reduction in operating costs and the rising adoption of cloud services are some of the main factors driving the growth of the Europe telecom outsourcing market.
Asia-Pacific is expected to register the highest CAGR during the forecast period. The telecom industry in Asia-Pacific is undergoing significant digital transformation with advancements in the telecom industry. Moreover, the presence of numerous prominent service providers in the region is acting as a key driver for the rapid growth of the telecom outsourcing market in the region. Considering the large customer base and fast-growing telecom industry, many service providers across the globe are aiming at acquiring a large market share in the region, which also makes it a highly competitive market.
The global telecom outsourcing market is expected to reach USD 89.84 Billion at a CAGR of over 4.3% by the end of the forecast period.
Prominent Players
Some of the Prominent Players in the global telecom outsourcing market are Cisco Systems, Inc., Fujitsu, Huawei Technologies Co., Ltd, Nokia, Ericsson AB, International Business Machines Corporation, ZTE Corporation, Hewlett Packard Enterprise Co., NEC Corporation and Motorola Solutions, Inc.
Global Wireless Network Infrastructure Ecosystem: Segmentation
On the basis of outsourcing type, the telecom outsourcing market has been categorized as call center 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. On the basis of network type, the telecom outsourcing market has been categorized into fixed and mobile. Whereas, on the basis of region, the market has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Report details
| Base Year | 2019 |
| Companies Covered | 15 |
| Pages | 139 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
