The global telecom outsourcing market is estimated to grow at a CAGR of nearly 4.25% during the forecast period. The key factors propelling the growth of the global telecom outsourcing market include the growth of LTE and VoLTE, and increase in adoption of mobile users. Additionally, the factors such as the rise in the adoption of cloud services and reduction in operational costs are contributing to the growth of the market. According to the Global VoLTE and ViLTE market report 2019, by Global Mobile Suppliers Association, the investments in VoLTE are offered by 262 operators in 120 countries, with commercially launched VoLTE-HD voice services in 91 countries by 194 operators. Around 86% of the 2,432 VoLTE devices in the database of the GAMBoD are mobile phones.
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Telecom outsourcing is the solution, to the growing demand for network management in next-generation networks. The complexity of network operations centers is increasing as the number of telecom infrastructure devices grows. Telecom outsourcing is becoming more common, as a result of this growing complexity. The administration of network operation centers can be improved by outsourcing network operations. Telecom outsourcing has various advantages, including increased total network operation center efficiency, increased competitive advantage, and the ability of telecom operation centers to focus on implementing multiple business strategies,_ due to more effective data handling.
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The key players contributing to the growth of the global telecom outsourcing market by adopting various strategies such as developments, mergers and acquisition, partnerships, and agreements, include Cisco Systems, Inc., ZTE Corporation, Fujitsu Limited, Hewlett Packard Enterprise Co., Juniper Networks, Inc., Motorola Solutions, Inc., NEC Corporation, Ciena Corporation, Nokia Networks, Tellabs, Inc., UTStarcom Holdings Corp., Huawei Technologies Co., Ltd., IBM Corporation, Telefonaktiebolaget LM Ericsson, among others.
Telecom Outsourcing Market – Segmentation
By Type
Billing Operations Outsourcing
Call Center Outsourcing
Infrastructure Maintenance Outsourcing
Finance & Accounting Outsourcing
Others
By Application
Small and medium-sized enterprises
Large Organizations
By Services Types
Managed Services
Professional Service
Telecom Outsourcing Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Cisco Systems, Inc.
UTStarcom Holdings Corp.
Huawei Technologies Co. Ltd.
IBM Corporation
Telefonaktiebolaget LM Ericsson.
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