Global Telecom Managed Services Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

 Telecom Managed Services Market Size 

• The global telecom managed services market size was valued at USD 29.06 billion in 2024 and is expected to reach USD 92.69 billion by 2032, at a CAGR of 15.60% during the forecast period
• This growth is driven by growing preference of cloud technology and significance on process automation

Telecom Managed Services Market Analysis

• Telecom Managed Services are transforming communication networks by offering centralized control, enhanced security, and optimized service management, enabling businesses to streamline their operations and reduce costs across various industries
• The growing adoption of cloud-based solutions, coupled with the rise in IoT devices and the need for low-latency applications, is significantly driving the demand for telecom managed services, as companies seek flexible, scalable, and efficient network solutions
• North America is expected to dominate the telecom managed services market, with the largest market share of 36.22%, driven by the strong presence of major telecom providers, advanced technological infrastructure, and a high demand for robust network management services in sectors such as healthcare, IT, and manufacturing
• Asia-Pacific is expected to witness the fastest growth in the telecom managed services market, due to rapid digitalization, increasing internet penetration, and the growing need for telecom services across both urban and rural regions, which are pushing for higher network efficiency and security
• The managed data center services segment is expected to dominate the market with the largest market share of 31.58% in 2025 due to the rapid expansion of IoT devices and the increasing demand for low-latency applications, this factor is significantly propelling the segment's growth

Report Scope and Telecom Managed Services Market Segmentation

Telecom Managed Services Market Trends

“Shift towards Cloud-Based Telecom Managed Services Solutions”

• A prominent trend in the telecom managed services market is the shift towards cloud-based solutions, allowing businesses to scale their telecom services rapidly and efficiently without heavy on-premise infrastructure investments
• Cloud-based platforms offer enhanced flexibility, ease of management, and reduced costs, making them highly attractive to organizations looking to optimize their network performance and reduce operational overhead
• The increased demand for remote work solutions and virtual collaboration tools is further driving the adoption of cloud-based managed services
  • For instance, in January 2024, AT&T launched a cloud-based Telecom Managed Services platform that enables businesses to manage their telecom infrastructure remotely with improved security and scalability
• This shift to the cloud is transforming how telecom services are delivered and managed, providing businesses with enhanced agility and cost-efficiency

Telecom Managed Services Market Dynamics

Driver

“Increasing Need for Network Security and Data Privacy”

• The growing frequency of cyberattacks and data breaches is driving the demand for advanced network security solutions in the telecom managed services market
• As more businesses shift their operations online and rely on digital communication, the need to protect sensitive data and ensure compliance with privacy regulations is becoming critical
• Telecom providers are increasingly offering managed security services as a way to help organizations secure their networks and protect customer data 
  • For instance, in 2023, Verizon introduced its advanced managed security services, providing real-time threat detection and response capabilities to help businesses protect against cyber threats
• The increasing importance of cybersecurity is pushing companies to invest in comprehensive telecom managed services solutions to safeguard their operations

Opportunity

“Expansion of 5G Networks and Edge Computing”

• The rapid deployment of 5G networks is opening up significant opportunities for telecom managed services providers, particularly in delivering high-speed, low-latency services to industries such as healthcare, manufacturing, and entertainment
• The rise of edge computing, which processes data closer to the source, is driving demand for telecom services that can manage large amounts of real-time data generated by IoT devices and connected systems
• Telecom operators are capitalizing on this opportunity by offering managed services tailored to the needs of 5G and edge computing infrastructure
  • For instance, in 2024, Nokia announced a partnership with a major telecom provider to deliver edge computing solutions and enhanced 5G network management capabilities, helping businesses optimize their operations in real-time
• The expansion of 5G and edge computing presents a major opportunity for telecom managed services providers to deliver high-performance, low-latency solutions

Restraint/Challenge

“Complexity of Integration with Legacy Systems”

• One of the primary challenges in the telecom managed services market is the complexity of integrating new technologies with existing legacy systems, which can be costly and time-consuming for businesses
• Many organizations have older infrastructure that may not be compatible with the latest telecom managed services solutions, requiring significant upgrades and customizations.
• This challenge is particularly acute for small to mid-sized businesses and organizations in industries with legacy systems that are not easily adaptable to modern telecom solutions
  • For instance, in 2023, a major European bank faced delays in adopting next-generation managed services due to the complexity of integrating the new system with their existing core banking platform
• Overcoming integration challenges will be crucial for the widespread adoption of advanced telecom managed services, particularly in industries with a reliance on older infrastructure

Telecom Managed Services Market Scope

The market is segmented on the basis of type, managed information service (MIS), deployment model, and organization size.

In 2025, the managed data center services is projected to dominate the market with a largest share in type segment

The managed data centre services segment is expected to dominate the telecom managed services market with the largest market share of 31.58% in 2025 due to the rapid expansion of IoT devices and the increasing demand for low-latency applications, this factor is significantly propelling the segment's growth.

The cloud is expected to account for the largest share during the forecast period in deployment model segment

In 2025, the cloud segment is expected to dominate the market with the largest market share of 56.12% due to the rising demand for flexible and scalable communication solutions. As businesses in diverse industries move their operations to the cloud, the need for reliable and efficient telecom services has become crucial.

Telecom Managed Services Market Regional Analysis

“North America Holds the Largest Share in the Telecom Managed Services Market”

• North America is expected to dominate the telecom managed services market with the largest market share of 36.22%, driven by the rapid adoption of cloud-based technologies, advanced telecom infrastructure, and increasing demand for managed services to streamline business operations
• The U.S. leads the regional growth due to its strong telecom ecosystem, early adoption of digital technologies, and the presence of major service providers such as Verizon, AT&T, and T-Mobile
• The region is also benefiting from the rising demand for scalable, flexible, and secure telecom solutions across various sectors, including healthcare, finance, and manufacturing, which is boosting the need for managed services in the telecom market

“Asia-Pacific is projected to register the Highest CAGR in the Telecom Managed Services Market”

• Asia-Pacific is expected to witness the highest growth rate in the telecom managed services market due to rapid technological advancements, increasing demand for cloud services, and the rising focus on digital transformation across businesses in emerging markets
• Countries such as China, India, and Japan are leading regional growth, driven by government initiatives for smart cities, the growing number of internet users, and the widespread adoption of IoT and 5G technologies
• The rising need for businesses to streamline operations, enhance customer experiences, and ensure robust network security is creating substantial opportunities for telecom managed services providers in the region
• As Asia-Pacific continues to embrace digital transformation, it is becoming a key growth driver for telecom managed services, with increasing demand for managed network services, security services, and cloud-based telecom solutions

Telecom Managed Services Market Share

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

The Major Market Leaders Operating in the Market Are:

• FUJITSU (Japan)
• DXC Technology Company (U.S.)
• IBM (U.S.)
• Cognizant (U.S.)
• Wipro (India)
• Capgemini (France)
• Accenture (Ireland)
• Tata Consultancy Services Limited (India)
• HCL Technologies Limited (India)
• NTT DATA Group Corporation (Japan)
• Verizon (U.S.)
• Cisco Systems, Inc. (U.S.)
• ZTE Corporation (China)
• Huawei Technologies Co., Ltd. (China)
• Telefonaktiebolaget LM Ericsson (Sweden)
• AT&T Intellectual Property (U.S.)
• Nokia (Finland)
• Lumen Technologies (U.S.)
• RACKSPACE TECHNOLOGY (U.S.)
• Comarch SA (Poland)
• Tech Mahindra Limited (India)
• Infosys Limited (India)
• GTT Communications, Inc. (U.S.)
• BT (U.K.)

 Latest Developments in Global Telecom Managed Services Market

• In August 2023, Lumen Technologies launched a Network-as-a-Service (NaaS) platform that revolutionized the telecom industry by introducing unmatched flexibility in networking services. This platform offers cloud-like experiences and establishes key strategic partnerships, projected to transform how businesses access and manage their network infrastructure, ultimately enhancing agility and efficiency in the evolving digital environment
• In August 2023, VVDN Technologies unveiled a comprehensive 5G enterprise solution that includes ORAN radio units, customized CU/DU, and a 5G core. This all-encompassing, secure private 5G solution equips telecom operators and enterprises with a reliable, ready-to-deploy platform to bolster their 5G capabilities and services
• In February 2023, HCLTech introduced a suite of cutting-edge technology solutions for the 5G ecosystem at Mobile World Congress 2023. These solutions leverage the company’s diverse expertise in digital, engineering, cloud, and software services to empower Communication Service Providers (CSPs) and enterprises to enhance their 5G readiness and accelerate returns on investments in 5G technology
• In December 2022, Endeavor Managed Services, a trailblazer in digital transformation platforms, acquired SOVA Inc. This acquisition merges the strengths of a global transformation company with 5G connectivity and digital transformation capabilities, positioning Endeavor for greater impact in the telecom industry
• In November 2022, Wipro Limited and Verizon Business launched a global Network-as-a-Service (NaaS) alliance to accelerate business network modernization and cloud transition. Through this multi-year partnership, Wipro aims to shift customers away from traditional manual deployment processes towards a self-healing, secure network service environment

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