Edison, NJ -- (SBWIRE) -- 06/02/2020 -- A new independent 200 page research with title 'Global Telecom Consulting Market Size study, by Network (Wireline, Wireless) by Services (Planning & Consulting, Operations & Maintenance, System Integration) by Application (4G/LTE/FTTH, Mobile Broadband, Cloud Services, Mobile Video/Content, Unified Communications, Mobile Money and M-payments, Smart Grid) and Regional Forecasts 2020-2026' guarantees you will remain better informed than your competition. The study covers geographic analysis that includes regions like Asia Pacific, North America, Europe, Latin America and Rest of the World and important players/vendors such as Accenture Inc, Telefonaktiebolaget LM Ericsson , Alcatel-Lucent S.A Etc. With n-number of tables and figures examining the Telecom Consulting Market, the research gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2026.
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Summary
Global Telecom Consulting Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2019-2026. Telecommunication involves exchange of information over distances through voice, data and video. Consultants in the sector determine the type of Telecom service a company needs and provides specific equipment and manages the telecom operations in the respective companies. As the dependency of the operations depends more and more on the telecommunication the companies are propelled to go to telecom consultants to get the services. These Telecom consultants help organization design, implement, and upgrade cost effective telecommunication systems. Also, the consulting firms manage telecom operations providing oversight and technical assistance in the company. Hence the growing telecommunication sector drives the growth of the market.
Further, huge spending on the enterprise IT across business verticals is further set to steer the market towards growth. As per Statista, the IT spending on enterprise software across the globe amounted to USD 352 billion in 2017 which increased to USD 391 billion in 2018 and further to USD 424 billion in 2019. Moreover, rise in small & medium sized enterprises across the globe present a potential market for Telecom Consulting. As these firms lack in-house network and IT infrastructure capabilities and thus prefer outsourced managed services propelling a widespread demand for telecom consulting solution.
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However, increasing security network threats and data privacy concerns impedes the growth of the market over the forecast period of 2020-2026. Although, shift of the telecom market towards adoption of advancing technologies to cope with the IoT by providing proficient network connectivity solutions boosts the market growth. While, increasing penetration of smartphones, connected cars, smart homes are projected to offer new growth opportunities for the telecom consulting industry during the forecast period.
Major market player included in this report are:
Accenture Inc, Telefonaktiebolaget LM Ericsson , Alcatel-Lucent S.A, IBM Corporation , Deloitte Touche Tohmatsu Limited, , Mckinsey & Company, Gartner Inc. , Dimension Data , Logica plc, Tellabs Inc.
The detailed segments and sub-segment of the market are explained below:
By Network:
Wireline
Wireless
By Services:
Planning & Consulting
Operations & Maintenance
System Integration
By Application:
4G/LTE/FTTH
Mobile Broadband
Cloud Services
Mobile Video/Content
Unified Communications
Mobile Money and M-payments
Smart Grid
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By Region:
North America, U.S., Canada, Europe, UK, Germany, Asia Pacific, China, India, Japan, Latin America, Brazil, Mexico, Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 20198
Forecast period – 2020 to 2026
Target Audience of the Global Telecom Consulting Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Telecom Consulting Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Telecom Consulting Market Dynamics
3.1. Telecom Consulting Market Impact Analysis (2018-2026)
Chapter 4. Global Telecom Consulting Market Industry Analysis
Chapter 5. Global Telecom Consulting Market, by Network
Chapter 6. Global Telecom Consulting Market, by Service
Chapter 7. Global Telecom Consulting Market, by Application
....Continued
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