Telecom Managed Services Market Size and Growth Forecast for Businesses 2025–2029
Unlock Global Insights – Save 20% on Market Reports with Code ONLINE20
#What Are The Current (2025) And Forecast (2029) Sizes Of The Telecom Managed Services Market?
The telecom managed services market size has experienced rapid growth in recent years. It is projected to increase from $25.82 billion in 2024 to $29.73 billion in 2025, achieving a compound annual growth rate (CAGR) of 15.1%. This historical expansion can be attributed to several factors, including network complexity, a strategic focus on core business functions, cost optimization, a growing subscriber base, the globalization of telecom operations, the rapid expansion of mobile services, and competitive market dynamics.
The telecom managed services market size is anticipated to experience substantial growth in the upcoming years, expanding to $51.28 billion by 2029, achieving a compound annual growth rate (CAGR) of 14.6%. This projected growth during the forecast period stems from factors such as a heightened focus on quality of service and customer experience management, increasing cybersecurity concerns, the rising demand for network analytics, the implementation of network slicing, and an emphasis on sustainability and green telecom. Furthermore, significant trends foreseen in this period include technological convergence, the deployment of 5G and network modernization efforts, the integration of cloud-native and edge computing, advanced Internet of Things (IoT) connectivity management, the utilization of AI and machine learning for predictive analytics, network function outsourcing, and stronger cross-industry collaboration.
Unlock Your Free Sample Report for Exclusive Market Data:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8571&type=smp
What Are The Main Drivers Boosting The Telecom Managed Services Industry’s Expansion?
Rising internet access is anticipated to boost the need for telecom managed services during the projected timeframe. This increase in internet access primarily stems from the wider adoption of smartphones and the expanding impact of social media platforms. The fast-expanding base of internet users creates significant requirements for managed services, covering aspects such as contracts, billing, older equipment, user support, and improving customer satisfaction. For example, as reported by the UK Parliament, a UK-based Governing body, in August 2023, global interconnected devices are estimated to reach 24 billion by 2050. Furthermore, in the UK, smartphone users are projected to hit 61 million by 2024. Consequently, the expanding population utilizing the internet is poised to propel the telecom managed services market.
What Are The Key Segments In The Telecom Managed Services Market?
The telecom managed services market covered in this report is segmented –
1) By Service Type: Managed Data Center, Managed Network Services, Managed Data And Information Services, Managed Mobility Services, Managed Communications Services, Managed Security Services
2) By Deployment Model: On-Premise, Cloud
3) By Organization Size: Large Enterprises, Small And Medium Enterprises (SMEs)
Subsegments:
1) By Managed Data Center: Infrastructure Management, Backup and Disaster Recovery, Cloud Services Management
2) By Managed Network Services: Network Monitoring And Management, WAN Optimization, Network Security Management
3) By Managed Data And Information Services: Data Storage Management, Data Analytics And Business Intelligence, Data Governance And Compliance
4) By Managed Mobility Services: Mobile Device Management (MDM), Mobile Application Management (MAM), Mobile Security Services
5) By Managed Communications Services: Unified Communications As A Service (UCaaS), VoIP Services, Collaboration Tools Management
6) By Managed Security Services: Threat Detection And Response, Security Information And Event Management (SIEM), Managed Firewall Services
Which Trends Are Impacting The Telecom Managed Services Market?
Technological advancements are a crucial trend gaining prominence in the **telecom managed services market**. Leading companies operating in this sector are concentrating on new technologies, including innovative delivery platforms and services, to broaden their market share. As an illustration, in **June 2022**, **Enea**, a Sweden-based information technology company, launched the industry’s inaugural complete **Wi-Fi Software-as-a-Service (SaaS)** service management solution tailored for **communication service providers (CSPs)**. This new offering allows telecom operators to roll out and generate income from Wi-Fi services, enabling companies to scale at their own speed with a pay-as-you-grow model to extend their Wi-Fi service footprint and provide greater coverage.
Which Leading Players Are Enhancing Their Telecom Managed Services Market Presence Worldwide?
Major companies operating in the telecom managed services market are Fujitsu Limited, DXC Technology Company, Juniper Networks, Cognizant Technology Solutions Corporation, ZTE Corporation, Capgemini SE, Accenture Plc., Tech Mahindra Limited, Huawei Technologies Co. Ltd., Vodafone Idea, Cisco Systems Inc., IBM Corporation, Unisys Corporation, Windstream Holdings Inc., AT&T Inc., Verizon Communications Inc., Comarch SA, HCL Technologies Limited, Amdocs Inc., NTT DATA Corporation, Telefonaktiebolaget LM Ericsson, GTT Communications Inc., CenturyLink, Comcast Corporation, Larsen & Toubro Infotech, Nokia Corporation, Tata Consultancy Services Limited, Wipro Limited, Zayo Group Holdings Inc., Ericsson India Limited
Download The Full Report For Exclusive Market Findings:
https://www.thebusinessresearchcompany.com/report/telecom-managed-services-global-market-report
What Are The Regional Market Dynamics Impacting The Telecom Managed Services Industry?
North America was the largest region in the telecom managed services market share in 2024. The regions covered in the telecom managed services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Request A Customized Version Of The Telecom Managed Services Market Report:
https://www.thebusinessresearchcompany.com/customise?id=8571&type=smp
Browse Through More Reports Similar to the Global Telecom Managed Services Market 2025, By The Business Research Company
Managed Services Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/managed-services-global-market-report
Iot Managed Services Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/iot-managed-services-global-market-report
Commercial Services Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/commercial-services-global-market-report
Get in touch with us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 310-496-7795
Asia +44 7882 955267 & +91 8897263534
Europe +44 7882 955267
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
