Market Overview:
The global telecom IT services market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based services and the growing trend of digital transformation among businesses. The on-premise segment is expected to hold the largest share of the global telecom IT services market in 2018, while the cloud segment is projected to grow at a higher CAGR during the forecast period. Among applications, small and medium businesses (SMBs) are expected to account for a larger share of this market in 2018, while enterprises are projected to grow at a higher CAGR during the forecast period. North America is estimated to account for majority of this market in 2018, followed by Europe and Asia Pacific.
Product Definition:
Telecom IT Services refers to the provision of information and communication technology (ICT) services by telecommunications service providers. These services may include, but are not limited to, voice over IP (VoIP), managed security, cloud computing, and big data analytics. The importance of telecom IT services lies in their ability to help businesses improve productivity and efficiency while reducing costs.
On-Premise:
On-premise solutions are software and services that are hosted on the customer's premises. The service is provided either as a subscription or as a purchase of an entire solution, where the customer has full control over operating the environment.
Cloud:
Cloud and it's usage in Telecom IT services market is expected to grow at a significant pace over the forecast period. Cloud computing is one of the fastest-growing technologies across different verticals such as BFSI, retail, healthcare & life sciences, manufacturing and others. The telecom industry has been an early adopter of cloud technology; however due to lack of expertise & awareness among vendors & customers about the potential benefits offered by cloud solutions in telecom industry.
Application Insights:
The telecom IT services market, as of 2017, is segmented into small and medium businesseses (SMBs) and enterprises. SMBs accounted for the largest revenue share in 2016 due to increasing penetration of internet cafes and broadband connectivity. The cloud computing segment is expected to witness significant growth over the forecast period owing to its benefits such as on-demand service delivery, flexible deployment model, scalability & elasticity.
The enterprise application segment was valued at USD 3.5 billion in 2016 owing to high usage of telecommunication infrastructure for business communication and data transmission purposes among large organizations across the globe. Furthermore, growing demand for advanced telecommunication solutions including voice & data communications along with internet access has fueled demand among enterprises globally since past few years.
Regional Analysis:
North America held the largest market share in 2017. The region is expected to continue its dominance over the forecast period owing to presence of a large number of telecom companies and increased adoption of advanced technologies across various departments. Moreover, increasing demand for mobility solutions such as smartphones and tablets among users is also driving the regional market growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing investments by global service providers in developing countries such as India, China, Singapore, Australia etc., which has resulted into increased adoption of IT services in these regions. Additionally, growing penetration of broadband network infrastructure and high demand for internet services are also contributing toward regional market growth.
Growth Factors:
- Increasing demand for data and bandwidth: The telecom sector is witnessing an exponential increase in the demand for data and bandwidth, owing to the proliferation of smart devices and rising usage of mobile internet. This is providing a major impetus to the growth of telecom IT services market.
- Growing need for network security: With cyber threats becoming increasingly sophisticated, there is a growing need for robust network security solutions among telecom operators. This is fueling the demand for telecom IT services market.
- Rising adoption of cloud-based solutions: Telecom operators are increasingly adopting cloud-based solutions to reduce their capital expenditure (CAPEX) and operational expenses (OPEX). This is propelling the growth of telecom IT services market.
- Emergence of 5G technology: The emergence of 5G technology is expected to create new opportunities for the development of innovative telecom IT services market players in near future .This will further boost the growth prospects of this market during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Telecom IT Services Market Research Report
By Type
On-Premise, Cloud
By Application
Small and Medium Businesses (SMBs), Enterprises
By Companies
Accenture, Amdocs, Alcatel-Lucent, Capgemini, Cognizant, Ericsson, HP, Huawei, IBM, Oracle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Telecom IT Services Market Report Segments:
The global Telecom IT Services market is segmented on the basis of:
Types
On-Premise, Cloud
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Businesses (SMBs), Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Accenture
- Amdocs
- Alcatel-Lucent
- Capgemini
- Cognizant
- Ericsson
- HP
- Huawei
- IBM
- Oracle
Highlights of The Telecom IT Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-Premise
- Cloud
- By Application:
- Small and Medium Businesses (SMBs)
- Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Telecom IT Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Telecom IT Services is a company that provides technology services to the telecommunications industry. These services include everything from software development to network administration. Telecom IT Services also offers consulting and training services to its clients.
Some of the major companies in the telecom it services market are Accenture, Amdocs, Alcatel-Lucent, Capgemini, Cognizant, Ericsson, HP, Huawei, IBM, Oracle.
The telecom it services market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Telecom IT Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Telecom IT Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Telecom IT Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Telecom IT Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Telecom IT Services Market Size & Forecast, 2020-2028
4.5.1 Telecom IT Services Market Size and Y-o-Y Growth
4.5.2 Telecom IT Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 On-Premise
5.2.2 Cloud
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small and Medium Businesses (SMBs)
6.2.2 Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Telecom IT Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Telecom IT Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 On-Premise
9.6.2 Cloud
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small and Medium Businesses (SMBs)
9.10.2 Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 On-Premise
10.6.2 Cloud
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small and Medium Businesses (SMBs)
10.10.2 Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 On-Premise
11.6.2 Cloud
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small and Medium Businesses (SMBs)
11.10.2 Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 On-Premise
12.6.2 Cloud
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small and Medium Businesses (SMBs)
12.10.2 Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 On-Premise
13.6.2 Cloud
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small and Medium Businesses (SMBs)
13.10.2 Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Telecom IT Services Market: Competitive Dashboard
14.2 Global Telecom IT Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Accenture
14.3.2 Amdocs
14.3.3 Alcatel-Lucent
14.3.4 Capgemini
14.3.5 Cognizant
14.3.6 Ericsson
14.3.7 HP
14.3.8 Huawei
14.3.9 IBM
14.3.10 Oracle
