Rise in MSMEs to Boost Global Telecom Enterprise Services Market

Published Date : Dec 02, 2016

The global telecom enterprise services market has witnessed significant growth over the last few years. The remarkable rise in the medium-, small-, and micro-size enterprises (MSMEs) has boosted the demand for telecom enterprise services across the world in the recent times. In addition to this, the augmenting investments in the IT sector, especially in emerging countries, supported by the strengthening of their economic condition, are likely to propel this market substantially in the forthcoming years. The escalating expenditure on IT infrastructure by established enterprises is also projected to drive the growth in this market over the years to come.

Demand for Wireless/Mobility Enterprise Services to Increase Significantly

Voice services, cloud service, data/internet service, wireless/mobility, and managed services have emerged as the most sought after telecom enterprise service solutions across the world. Among these, the demand for voice services is higher at present. However, wireless/mobility enterprise services are likely to witness increased demand over the next few years. The demand for data/internet solutions is also anticipated to rise at a healthy rate in the near future.

North America to Remain Global Leader on Account of Rising Number of SMEs

North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe are the key regional markets for telecom enterprise services across the world. North America has acquired the leading position in the global market and is expected to remain so over the forthcoming years. The presence of a number of key telecom service providers and the significant rise in SMEs are propelling the North America market for telecom enterprise services considerably.

Telarus Inc., Converged Network Services Group, Intracom Telecom SA, Advoda Communications Inc., Telecom Brokerage Inc., X4 Solutions, WTG Technologies Ltd., Intelisys Communications Inc., Telecom Brokers, and Business Communications Management Inc. are some of the leading players in the global telecom enterprise services market.