Telecom Outsourcing Market Research Report by Forecast to 2023
Summary However, increase in number of cyber thefts and rising security concerns are presumed to hinder the market growth of telecom outsourcing market over the review period of 2017-2023. The Telecom Outsourcing Market Share is growing rapidly over 4.7% of CAGR and is expected to reach at approx. USD 91 Billion by the end of forecast period.
Telecom Outsourcing Market Research Report by Forecast to 2023
Major Key Players: • • • • •
Ericsson (Sweden) Huawei Technologies Co., Ltd. (China) Hewlett Packard Enterprise Co. (U.S.) Nokia Networks (Netherlands) IBM Corporation (U.S.)
Segmentation: The telecom outsourcing market has been segmented on the basis of outsourcing type, network type, project period, services, organization size and deployment. The network type segment is further bifurcated into fixed and mobile network type. Fixed network refers to the connection established via optical fiber cables and which offer wired connectivity. Whereas, mobile network offers wireless connectivity and is distributed over various channels. It provides network to various channels via one fixed location transceiver.
Regional Analysis: It has been observed that Europe is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in telecom outsourcing market in Europe is attributed to technical advancements and increasing use of mobile devices, tablets and smartphones in that region.