Today: May 6, 2016, 8:51 pm
  
Finance

Global telecom managed services market: 18% CAGR between 2012-2016

companiesandmarkets.com
companiesandmarkets.com
Global Managed Services in the Telecom Industry 2012-2016 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-05 08:59:03
The Global Managed Services market in the Telecom industry is to grow at a CAGR of 17.78 percent over the period 2012-2016. One of the key factors contributing to this market growth is the contribution of managed services to a reduction in service providers overall expenses. The Global Managed Services market in the Telecom industry has also been witnessing the increasing adoption of cloud-based services. However, the issues concerning the quality of network services could pose a challenge to the growth of this market.

The increasing adoption of cloud-based managed services is one of the emerging trends in the Global Managed Services market in the Telecom industry. Recognizing the growing popularity of the cloud, vendors in the market are currently offering managed services for cloud-based environments. Managed services help mitigate the operational risk of moving services to the cloud. The cloud also meets the requirements of enterprises with respect to security, control, and ease of integration. Hence, with cloud-based managed services gaining prominence in the market, adoption of these services by enterprises should increase significantly. Another reason for the anticipated increase in their adoption is the fact that cloud-based services can help enterprises reduce their overall cost and help them manage their resources better.

The reduction in overall expenses that can be gained from using cloud-based services is one of the major drivers in the Global Managed Services market in the Telecom industry. A managed telecom service is a cost-effective means of providing network operators with access to expertise, knowledge, and experience. On this front, operators carry out due diligence about the service vendors and their mutual gains. By outsourcing telecom networks, operators can reduce redundancy costs and produce high economies of scale for both their clients and service providers. Moreover, declining average revenue per user has forced operators to streamline their operations and cost structure by outsourcing less important activities and those activities that add less value. This should encourage operators to adopt managed services because it will help them reduce their capital expenditure and operational expenditure.

The key vendors dominating this space are Ericsson Inc., Huawei Technologies Co. Ltd., Alcatel-Lucent SA, and Nokia Siemens Networks B.V. The other vendors mentioned in the report are Cisco Systems Inc., Hewlett-Packard Co., IBM Corp., Motorola Inc., and ZTE Corp.

Click for report details: www.companiesandmarkets.com/Market/Telecommunications/Market-Res ..

Browse all Telecommunications Market Research Reports www.companiesandmarkets.com/Market/Telecommunications/Market-Res ..

Browse all Telecommunications Company Profile Reports www.companiesandmarkets.com/Market/Telecommunications/Company-Pr ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 583 Words
Related Articles
 
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.