Lucintel Forecasts Telecom Outsourcing Market to Reach $XX Billion by 2028

Category: Business

According to the recent study the telecom outsourcing market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 3% to 5% from 2023 to 2028. Growth in this market is primarily driven by growth of LTE (long-term evolution) and VoLTE (voice over long term evolution), increase in adoption of mobile users, and rise in the adoption of cloud services & reduction in operational costs. Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in telecom outsourcing market by type (billing operations outsourcing, call center outsourcing, infrastructure maintenance outsourcing, finance & accounting outsourcing, and others), enterprise size (small & medium size enterprises and large enterprises), services (managed services and professional services), and region (North America, Europe, Asia Pacific, and the Rest of the World)? Download sample report by clicking on below link https://www.lucintel.com/telecom-outsourcing-market.aspx “Billing operations outsourcing market is expected to remain the largest segment during the forecast period.” Based on type, the telecom outsourcing market is segmented into billing operations outsourcing, call center outsourcing, infrastructure maintenance outsourcing, finance & accounting outsourcing, and others. Lucintel forecasts that the billing operations outsourcing market is expected to remain the largest segment due to increase in the number of telecom subscribers, popularity of cloud-based billing services, and technological innovations. “Within the telecom outsourcing market, the small & medium size enterprises segment is expected to remain the lakrgest enterprise size” Based on enterprise size the small & medium size enterprises segment is expected to witness the highest growth over the forecast period due to outsourcing from third parties allows these SMEs to reduce labour expenses and focus more resources on product development to attract customers and build a strong position in the market. “North America will dominate the telecom outsourcing market in near future” North America will remain the largest region due to increased cloud use, digital services that require frequent help. Additionally, the presence of IT giants and legislative & regulatory pressures drive the market in this region. Download Brochure of this report by clicking on https://www.lucintel.com/telecom-outsourcing-market.aspx Major players of telecom outsourcing market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Cisco Systems, ZTE Corporation, Fujitsu, Hewlett Packard, Juniper Networks, Motorola Solutions, NEC Corporation, Ciena Corporation, Nokia Networks, IBM Corporation are among the major telecom outsourcing providers. This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/telecom-outsourcing-market.aspx or helpdesk@lucintel.com