North America Telecom Managed Services Market Trends, Demand, Opportunities and Forecast By 2029
Qualitative and transparent research studies are performed devotedly in the winning North America Telecom Managed Services report to offer an excellent market research report for a certain niche. The product portfolios of all the companies profiled in the report are compared in detail in the product analysis section. This wide ranging report provides the global market size and other information of the main players in each region. The report is accomplished with transparent research studies and is generated by a team work of experts in their own domain. The market studies, insights, and analysis carried out in North America Telecom Managed Services market research report keeps marketplace clearly into the focus which helps achieve business goal.
Data Bridge Market Research analyses that the North America telecom managed services market is expected to reach the value of USD 19,909.30 million by 2029, at a CAGR of 14.2% during the forecast period. "Managed data center services" accounts for the largest system segment in the telecom managed services market. The telecom managed services market report also covers pricing analysis, patent analysis, and technological advancements in depth
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Market Overview:
A managed service is the task handled by a third party, frequently in the context of the business it services. Managed services are used to cut expenses, enhance service quality, or free up internal teams to work on duties that are unique to the specific company, and it is a means to delegate general chores to a specialist. A managed service provider is a business that offers these services. A managed services provider is often an IT services provider that manages and assumes responsibility for providing a defined set of services to its clients.
Recent Developments
· In April 2022, Verizon entered into a partnership with Nova Credit. The key feature of this partnership was to strengthen easy access to network and device capabilities for the consumer. This partnership will enhance the parental control portfolio using the advanced network. Through this, both the companies will expand their respective market
· In September 2021, Huawei Technologies Co., Ltd. announced they had signed an ICT and managed services agreement with Ooredoo Oman. Under this, the company will provide Ooredoo with network performance management services and operations and maintenance. Thus, the company is expanding its client base in the market
Some of the major players operating in the North America telecom managed services market are FUJITSU, DXC Technology Company, IBM Corporation, Cognizant, Wipro Limited, Capgemini, Accenture, Tata Consultancy Services Limited, HCL Technologies Limited, NTT DATA Corporation, Verizon, Cisco Systems, Inc., ZTE Corporation, Huawei Technologies Co., Ltd., Telefonaktiebolaget LM Ericsson, AT&T Intellectual Property, Nokia Corporation, Lumen Technologies, RACKSPACE TECHNOLOGY, INC., Comarch SA, Tech Mahindra Limited, Infosys Limited, GTT Communications, Inc., BT, Unisys, among others.
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