Europe Telecom Managed Services Market - Industry Trends and Forecast to 2033
The Europe telecom managed services market is expected to reach USD 20,304.05 million by 2031, from USD 6,860.81 million in 2023growing with the CAGR of 15.0% in the forecast period of 2024 to 2031.
Market SegmentationEurope 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 (Germany, U.K., France, Italy, Spain, Russia, Netherlands, Switzerland, Belgium, Turkey, and Rest of Europe) – Industry Trends and Forecast to 2031
Overview of Europe 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 Europe 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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