Email
Password
Remember meForgot password?
    Log in with Twitter
Press Release

Telecom Enterprise Services Market to Account for US$217.9 bn by 2023

Telecom Enterprise Services Market (By Solution - Voice, Data/Internet Service, Wireless/Mobility, Managed Services, Cloud Service); By End User (SME and Large Enterprise); By Revenue Stream (Master Agent, Carriers, Others (VARs, Telco Agents); By Geography (North America, Europe, APAC, MEA, Latin America)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

This press release was orginally distributed by SBWire

Albany, NY -- (SBWIRE) -- 01/15/2016 -- According to a new market report published by Transparency Market Research, the global telecom enterprise services market in terms of revenue was valued at US$148.7 bn in 2014 and is forecast to grow at a CAGR of 4.1% during the period 2015 to 2023. Growth of micro, small and medium enterprises (MSMEs) across the world and high industrial activity driving telecom enterprise services are the key factors driving the growth of the telecom enterprise services market. In addition, more investments and economic growth of emerging markets in APAC region and increase in worldwide enterprise IT spending across verticals is further expected to drive the growth of this market over the forecast period.

The global telecom enterprise services market by solution was dominated by the voice segment with a market share of 34% in 2014. Enterprise-level voice services and unified communications are major voice services which enable enterprises to improve productivity, reduce operating and travel expenses, and reap the benefits of VoIP while leveraging the existing legacy system investment made by enterprises. Advantages of voice solutions include streamlining communications, improved collaboration, and support mobility. Wireless/Mobility market share is forecast to grow at the fastest rate during the forecast period from 2015 to 2023. Data/Internet Service segment is expected to witness the second fastest growth during the forecast period from 2015 to 2023.

Browse the full Telecom Enterprise Services Market report at
http://www.transparencymarketresearch.com/telecom-enterprise-services-market.html

In terms of end-user, the large enterprise segment with over 75% share in 2014 was the largest market in the overall telecom enterprise services market in terms of revenue. The small and medium enterprise segment is anticipated to be the fastest growing segment during the forecast period. Large numbers of startups being set up in the field of IT and ITeS across the world are expected to contribute to the global SME end user telecom enterprise services market.

North America led the global telecom enterprise services market in 2014 with a share of about 36% in 2014 of the overall global telecom enterprise services market. There are approximately 3,800 independent communication technology partners and vendors (associated with Telecom Association (TA)) who consult with business end-users. These partners include master agents, agents, Telco agents, channel distributors, and VARs who enable sales of products and services of various telecom operators (vendors) globally. North America is one of the regions with the highest mobile penetration rate. On account of new opportunities, APAC and Latin America telecom enterprise systems market is expected to rise at a CAGR of 6.5% and 7.1% respectively during the forecast period 2015 to 2023.

The key providers in the telecom enterprise services market are X4 Solutions, Business Communications Management, Inc., WTG Technologies Limited, Telecom Brokerage Inc., Intelisys Communications, Inc., Telecom Brokers, Intracom Telecom SA, Converged Network Services Group, Advoda Communications, Inc. and Telarus Inc. among others.

The global telecom enterprise services market has been segmented as follows:

Telecom Enterprise Services Market, by Solution
Voice
Data/Internet Service
Wireless/Mobility
Managed Service
Cloud Service

Telecom Enterprise Services Market, by End User
Small and Medium Enterprise
Large Enterprise

Telecom Enterprise Services Market, by Revenue Stream
Master Agent
Carriers
Others

Telecom Enterprise Services Market, by Geography
North America
U.S.
Rest of North America

Europe
EU5 (U.K., Italy, Spain, France, and Germany)
CIS
Rest of Europe

Asia Pacific (APAC)
Japan
China
South Asia (India, Pakistan, Bangladesh, & Sri Lanka)
Australasia (Australia, NZ & Guinea)
Rest of APAC

Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA

Latin America
Brazil
Rest of Latin America

Get Sample Report For Telecom Enterprise Services Market
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8542

About Transparency Market Research (TMR)
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

For more information on this press release visit: http://www.sbwire.com/press-releases/telecom-enterprise-services-ma/release-656598.htm

Media Relations Contact

Mr. Sudip S
Assistant Manager
Transparency Market Research
Telephone: 518-618-1030
Email: Click to Email Mr. Sudip S
Web: http://www.transparencymarketresearch.com/telecom-enterprise-services-market.html

Latest News
Top News