GITNUX MARKETDATA REPORT 2024

Telecom Managed Services Industry Statistics

The Telecom Managed Services industry is expected to continue growing rapidly due to the increasing complexity of telecom technologies and the need for specialized expertise in managing them.

With sources from: grandviewresearch.com, cnbc.com, citefactor.org, networkworld.com and many more

Statistic 1

The telecom managed services market was valued around USD 11.0 billion in 2016.

Statistic 2

The global telecom managed services market is expected to grow at a compound annual growth rate (CAGR) of 12.1% from 2021 to 2028.

Statistic 3

The managed IT services segment in telecom accounted for a revenue share of over 25.0% in 2020.

Statistic 4

The Asia-Pacific region is expected to show the highest growth rate in the telecom managed services market over the forecast period.

Statistic 5

The global telecom managed services market is mostly dominated by several large-scale providers such as Huawei Technologies, IBM, Cisco Systems, and Ericsson.

Statistic 6

Managed Data Centre services is expected to hold the largest market size in the telecom managed services market during the forecast period.

Statistic 7

The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at the highest CAGR during the forecast period in the telecom managed services market.

Statistic 8

In 2019, North America was the largest revenue-generating region in the global telecom managed services market.

Statistic 9

Managed networks services segment is expected to have the largest share in the telecom managed services market by 2022.

Statistic 10

Enterprises are the largest users of telecom managed services, contributing nearly 63% of the total market revenue.

Statistic 11

By 2025, it's estimated that about 59% of organizations will rely on managed services for their telecom operations.

Statistic 12

The demand for managed telecom services in the healthcare industry is expected to grow by 13% by 2025.

Statistic 13

Telecom industries have saved approximately 30% in operational costs through managed services.

Statistic 14

A large-scale switch to remote work has accelerated the telecom managed services market by around 18% in 2020 due to the COVID-19 pandemic.

Statistic 15

5G network services are expected to drive the telecom managed services market by more than 21% from 2021 to 2025.

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In the following blog post, we will explore key statistics and trends shaping the telecom managed services industry. From the market value and growth projections to the dominant players and emerging segments, these data points shed light on the evolving landscape of telecom managed services. Stay tuned to gain valuable insights into this dynamic sector.

Statistic 1

"The telecom managed services market was valued around USD 11.0 billion in 2016."

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Statistic 2

"The global telecom managed services market is expected to grow at a compound annual growth rate (CAGR) of 12.1% from 2021 to 2028."

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Statistic 3

"The managed IT services segment in telecom accounted for a revenue share of over 25.0% in 2020."

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Statistic 4

"The Asia-Pacific region is expected to show the highest growth rate in the telecom managed services market over the forecast period."

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Statistic 5

"The global telecom managed services market is mostly dominated by several large-scale providers such as Huawei Technologies, IBM, Cisco Systems, and Ericsson."

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Statistic 6

"Managed Data Centre services is expected to hold the largest market size in the telecom managed services market during the forecast period."

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Statistic 7

"The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at the highest CAGR during the forecast period in the telecom managed services market."

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Statistic 8

"In 2019, North America was the largest revenue-generating region in the global telecom managed services market."

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Statistic 9

"Managed networks services segment is expected to have the largest share in the telecom managed services market by 2022."

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Statistic 10

"Enterprises are the largest users of telecom managed services, contributing nearly 63% of the total market revenue."

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Statistic 11

"By 2025, it's estimated that about 59% of organizations will rely on managed services for their telecom operations."

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Statistic 12

"The demand for managed telecom services in the healthcare industry is expected to grow by 13% by 2025."

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Statistic 13

"Telecom industries have saved approximately 30% in operational costs through managed services."

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Statistic 14

"A large-scale switch to remote work has accelerated the telecom managed services market by around 18% in 2020 due to the COVID-19 pandemic."

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Statistic 15

"5G network services are expected to drive the telecom managed services market by more than 21% from 2021 to 2025."

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Interpretation

The global telecom managed services market is set for significant growth, driven by factors such as the rise in demand for managed IT and data center services, increasing adoption of managed services by SMEs, and the burgeoning 5G network services. Large-scale providers like Huawei Technologies, IBM, and Cisco Systems are dominating the market, while regions like Asia-Pacific show promising growth potential. The healthcare industry's increasing reliance on managed telecom services and the cost-saving benefits for telecom industries further bolster the market outlook. Additionally, the acceleration of the market due to the COVID-19 pandemic's impact on remote work highlights the market's resilience and adaptability.

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