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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