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Global telecom managed services market industry to expand at a CAGR of 13.67% till 2024

The telecom managed services are the services which help the companies in managing the enterprise infrastructure in an easy way and thus help them in focusing on more important business activities and strategies.

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Global Telecom Managed Services Market accounted for USD 11.60 billion in 2016 growing at a CAGR of 13.67% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Definition: Global Telecom Managed Services Market

The businesses in this era have become more complex and technology dependent therefore the technology is playing a key role in driving these business to the success.

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The need of greater amount of security, improved operational efficiency is driving the growth of this market.

Major market Drivers & Restraints:

  • Growing Smart Phone Devices In The Market
  • Greater Amount Of Security
  • Improved Operational Efficiency
  • Reliable Business Process
  • Enhanced Operational Efficiency And Agility

The Global Telecom Managed Services Market is segmented on the basis of service type, organization size, and geography.

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The global cloud OSS BSS market is segmented on the basis of type into solution and service.

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The global telecom managed services market is segmented on the basis of service type into managed data center, managed network, managed data and information, managed mobility, managed communication and managed security.

On the basis of organization size, the telecom managed services market is segmented into large enterprises and small and medium sized enterprises (SMEs).

On the basis of geography, global telecom managed services market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

The Global Telecom Managed Services Market Report includes detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.

The report also measures technology life line curve and market time line to analyze and do more affective investments.

Major Market Competitors: Global Cloud OSS BSS Market:

Some of the major players of the global cloud OSS BSS market are TEOCO Corporation, Subex Limited, Nokia, Mahindra ComViva, Huawei Technologies Co., Ltd., Comarch SA, Sigma Systems Canada LP., Cisco Systems, AMDOCS, Accenture, Mycom OSI, Oracle, Hewlett Packard Enterprise Development LP, Redknee Inc., CERILLION, NEC Corporation, FUJITSU, Ensim Corporation, ItsOn Inc. among others.

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