Ø APAC is at the forefront of 5G adoption, with countries like South Korea, China, and Japan leading the charge. Managed service providers are pivotal in assisting telecom operators with deploying and optimizing 5G networks. For example, Huawei has partnered with leading telecom operators in APAC to deploy 5G infrastructure and provide ongoing management and support.
Ø Compliance with regulatory requirements, such as GDPR and CCPA, remains a priority for telecom operators. Managed service providers ensure adherence to these regulations through robust governance frameworks and proactive compliance monitoring.
Ø North America's market is poised to capture the largest share of sales in the coming years, driven by heightened activity among key industry players. For instance, on September 16, 2022, Stonepeak announced a $2.4 billion acquisition of Intrado's emergency call routing services division. This reflects growing interest from investment firms in the telecom sector. Intrado, owned by Apollo Global Management Inc., operates across the United States, copyright, and beyond, providing critical network infrastructure for public emergency call websites and 911 call forwarding services.
Ø Ericsson inaugurated a new managed service center on November 12, 2020, to bolster its commitment to Turkey's technological advancement. This center aims to expand local workforce capabilities and enhance the Applications, Development, and Maintenance (ADM) portfolio, focusing on cutting-edge technologies like artificial intelligence (AI) and machine learning.
Ø Addressing the evolving needs of small and medium-sized businesses, Cisco introduced its new Webex Wholesale Route-to-Market (RTM) for service provider partners on July 21, 2022. This initiative offers providers a self-service platform to deliver Webex-managed services with enhanced agility, scalability, and flexibility. The program features simplified commercial agreements and various billing options, including fixed monthly pricing and usage-based billing, catering to diverse partner needs.
Request Free Sample Pages - https://univdatos.com/reports/telecom-managed-services-market?popup=report-enquiry
The telecom managed services market refers to outsourcing telecom network management functions to specialized third-party providers. These services typically include network monitoring, maintenance, security, and support, allowing telecom operators to focus on core business activities while leveraging external expertise for efficient operations. According to a new report by Univdatos, the Telecom Managed Services Market is expected to reach USD XX Billion in 2032, growing at a CAGR of 15.5%. Telecom operators worldwide are increasingly focusing on their core competencies of innovation and customer experience enhancement while outsourcing non-core functions to specialized managed service providers (MSPs). This strategic approach allows operators to streamline operations, improve efficiency, and maintain competitiveness in a rapidly evolving market landscape.
Example:
· Verizon, a leading telecom operator in the United States, partners with managed service providers to enhance its cybersecurity offerings. By outsourcing cybersecurity management to MSPs like Palo Alto Networks or Cisco, Verizon can leverage its expertise in threat detection, response, and compliance. This allows Verizon to focus on expanding its network infrastructure and rolling out advanced services like 5G and IoT without compromising security measures.
· AI-driven analytics enable MSPs to predict network congestion and optimize traffic routing in real time. For example, Cisco's AI-based network management solutions dynamically adjust bandwidth allocation based on traffic patterns, ensuring smooth service delivery even during peak usage.
· Machine learning algorithms detect anomalies and potential threats in network traffic, enhancing pre-emptive security measures. Palo Alto Networks utilizes machine learning to analyze vast network data, swiftly identifying and mitigating cyber threats before they escalate.
Recent Technological Developments:
· In December 2022, Endeavor Managed Services, a leader in managed services platforms for digital transformation, announced its acquisition of SOVA Inc. This strategic move integrates global transformation capabilities, advanced 5G connectivity, and digital transformation expertise.
· In November 2022, Wipro Limited, a prominent technology services and consultancy provider, partnered with Verizon Business to launch a global Network-as-a-Service (NaaS) alliance. This alliance aims to accelerate business network modernization and cloud transition by transitioning customers from manual hardware and software deployments to a self-healing, highly secure network service environment.
Related Report
Telecom Managed Services Market: Current Analysis and Forecast (2024-2032)
Managed IT Infrastructure Services Market: Current Analysis and Forecast (2022-2028)
Multi-Cloud Management Market: Current Analysis and Forecast (2022-2028)
Conclusion
The telecom managed services market is advancing through strategic outsourcing to MSPs and leveraging technological innovations like AI and machine learning. Operators such as Verizon and Wipro exemplify this shift with partnerships that enhance cybersecurity and accelerate network modernization. These developments underscore a commitment to operational efficiency, robust security measures, and agile service delivery in a competitive landscape. The continued adoption of advanced technologies will drive market evolution, enabling telecom operators to focus on innovation and customer-centric solutions. Collaboration with MSPs remains pivotal in navigating complexities and seizing opportunities for growth in the dynamic telecom industry.
Contact Us:
UnivDatos
Contact Number - +19787330253
Email - [email protected]
Website - www.univdatos.com
Linkedin- https://www.linkedin.com/company/univ-datos-market-insight/mycompany/