Telecom Managed Service Market Size and Growth
The Telecom Managed Service market is experiencing robust growth, driven by increasing demand for efficient network management and reduced operational costs. The market size is projected to reach approximately $50 billion by 2025, supported by cloud services, IoT integration, and enhanced cybersecurity solutions, reflecting evolving customer needs and technological advancements.
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Companies Covered
(Covid 19 Impact Covered)
◍ Cisco Systems
◍ Ericsson AB
◍ Huawei Technologies
◍ International Business Machines
◍ Verizon Communications
◍ AT&T
◍ Centurylink
◍ NTT Data Corporation
◍ Comarch SA
◍ GTT Communications
◍ Sprint
◍ Unisys
◍ Amdocs
◍ Tech Mahindra
The Telecom Managed Service Market features key players like Cisco, Ericsson, and Huawei, offering solutions that enhance network efficiency and operational scalability. Companies like Verizon and AT&T leverage managed services to improve customer experiences, while IBM and NTT Data drive innovation. In 2022, Verizon reported $136 billion in revenue, Cisco $51 billion, and Ericsson $29 billion.
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