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Global Telecom Managed Services Market to Reach $23.9 Billion by 2024SAN FRANCISCO, Aug. 13, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Telecom Managed Services - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. FACTS AT A GLANCE Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry ABSTRACT- Global Telecom Managed Services Market to Reach $23.9 Billion by 2024 Rising need for operational efficiency of enterprise IT infrastructure, minimizing OPEX, and rising consumption in productivity apps constitute some of the primary factors fueling growth in the market. Growing awareness about benefits offered by managed model in the form of more efficient management of enterprise infrastructure, operational cost reductions, reduced need for support staff, and seamless execution of day-to-day operations, would aid in wider uptake of managed services model. Furthermore, enterprises would continue to lean towards managed services model to reap high economies of scale and resource affordability benefits. Accelerated adoption within SMBs especially will be a primary growth factor for managed services market. The widespread adoption of enterprise IT infrastructure and substantial penetration of IT solutions and mobile devices among enterprise users support growth in developed regions. Also, the need to comply with stringent industry specific regulations such as HIPAA for healthcare and PCI DSS for BFSI further encourages the adoption of telecom managed services across these verticals. In Asia-Pacific region, China is forecast to witness fastest growth, steered by growing spending on enterprise IT networks, enterprise mobile app usage trends, and growing digital workforce numbers. The market for Managed Mobility Services is forecast to grow the fastest over the analysis period. Realizing that it is no longer realistic to deploy and manage enterprise mobility solutions in-house given the widespread complexities associated with managing diverse mobility solutions, enterprises are fast taking the outsourcing route by signing up Managed Mobility Services (MMS) and transferring the responsibility of handling enterprise mobility projects to third party service providers. MMS reduces the pressure on in-house IT departments by tackling the complexity of managing multiple devices, device platforms and operating systems. MMS not only supports enterprise owned devices but also provides necessary infrastructure and support for allowing employee owned devices capable of accessing corporate resources and information. More MarketGlass™ Platform Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android About Global Industry Analysts, Inc. & StrategyR™ CONTACTS: LINKS View original content to download multimedia:https://www.prnewswire.com/news-releases/global-telecom-managed-services-market-to-reach-23-9-billion-by-2024--301354177.html SOURCE Global Industry Analysts, Inc. |