Transparency Market
Research has recently announced the publication of a new market
research study made available on the company website. The research
report, titled “Telecom Enterprise Services Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 -
2023,” throws light on the global telecom enterprise services
market across the globe, including a detailed analysis of the major
products offered in the market and the competitive scenario. The
growth factors, barriers, and market drivers are also included in the
scope of the study. The recommendations and insightful inputs by
industry experts help the decision-makers design policies
efficiently.
According to the
research report, in 2014, the global market for telecom enterprise
services was worth US$148.7 bn and is estimated to reach a value of
217.9 bn by the end of 2023, exhibiting a healthy 4.10% CAGR between
2015 and 2023.
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Telecom operators
across the globe are offering new policies and strategies in order to
maintain the leading position in the overall market. The growth of
micro, small, and medium enterprises (MSMEs) and high industrial
activities are some of the key factors that are projected to augment
the growth of the market in the next few years.
The global market
for telecom enterprise services has been segmented on the basis of
solution into cloud services, voice, wireless/mobility, managed
services, and data/internet services. In 2014, the voice segment led
the market, holding a 34% share in the global telecom enterprise
services market. Unified communications and enterprise-level voice
services are the key voice services that help enterprises in reducing
operating and travel expenses, enhance productivity, and gain the
benefits of VoIP. Improving collaboration, streamlining
communications, and supporting mobility are some of the major
advantages of using the voice solutions. On the other hand, the
wireless/mobility segment is estimated to grow at a significant rate
throughout the forecast period.
The global market
for telecom enterprise services has been divided on the basis of end
use into small and medium enterprises and large enterprises. In 2014,
the large enterprises segment dominated the market, holding a 75%
share in the overall market for telecom enterprise services. On the
other hand, the segment of small and medium enterprises is
anticipated to witness rapid growth in the next few years. The rapid
growth of this segment can be attributed to the increasing number of
startups in the ITeS and IT field worldwide, which is indirectly
contributing substantially to the growth of the market.
The global market
for telecom enterprise services has been segmented on the basis of
geography into Europe, North America, Latin America, Asia Pacific,
and the Middle East and Africa. In 2014, North America dominated the
market, holding a 36% share in the global market for telecom
enterprise services. The Latin America and Asia Pacific regions are
estimated to grow rapidly, registering a 7.10% and 6.50% CAGR,
respectively, between 2015 and 2013.
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Furthermore, the
research study has provided a detailed analysis of the major players
operating in the global market for telecom enterprise services. The
prominent players in the market include Telecom Brokerage Inc., WTG
Technologies Limited, X4 Solutions, Business Communications
Management, Inc., Telecom Brokers, Advoda Communications, Inc.,
Intelisys Communications, Inc., Telarus Inc., Intracom Telecom SA,
and Converged Network Services Group. The SWOT analysis included in
the research study helps new as well as existing players in
determining the growth prospects and threats of the market and
planning their strategies accordingly.
About Us :
Transparency Market
Research (TMR) is a global market intelligence company providing
business information reports and services. The company’s exclusive
blend of quantitative forecasting and trend 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.
TMR’s data
repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
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