APAC Telecom Managed Services Market - Industry Trends and Forecast to 2032
The Asia-Pacific telecom managed services market is expected to reach USD 20,228.39 million by 2031 from USD 6,136.32 million in 2023, growing at a CAGR of 16.5% in the forecast period of 2024 to 2031.
Market SegmentationAsia-Pacific Telecom Managed Services Market, By Type (Managed Data Center Services, Managed Network Services, Managed Communication & Collaboration Services, Managed Security Services, and Managed Mobility Services), Managed Information Service (MIS) (Business Process Management, Managed Operational Support Systems/Business Support Systems, and Project & Portfolio Management), Deployment Model (On-Premise and Cloud), Organization Size (Large Enterprises and Small & Medium Enterprises (SMES)), Country (China, Japan, India, Australia, South Korea, Indonesia, Philippines, Thailand, Malaysia, Vietnam, Singapore, and Rest of Asia-Pacific) – Industry Trends and Forecast to 2031
Overview of Asia-Pacific Telecom Managed Services Market Dynamics
Driver
• Rapid growth in digitalization across business
Restraint
• Growing data security and privacy concerns
Opportunity
• Focus on multi-workflow scheduling of business
Market PlayersSome of the key market players operating in the Asia-Pacific 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
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