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Enterprise Telecom Services Market Share

Report ID: GMI5966
Published Date: Jun 2023
Report Format: PDF

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Enterprise Telecom Services Market Share

Some of the major companies operating in the enterprise telecom services market are :

AT&T
Bharti Airtel Ltd
China Mobile Ltd
China Telecom
Cogent Communications
Comcast Business,
Deutsche Telekom
Lumen Technologies
NTT Communications
Orange Business Services
SoftBank Corp.
Telefonica
Verizon Communications
Vodafone Group
Windstream Holdings, Inc

. These companies focus on strategic partnerships and new service launches & commercialization for market expansion. Furthermore, these companies are heavily investing in research to introduce innovative services and garner maximum revenue in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of enterprise telecom services was worth USD 848.2 billion in 2022 and is set to record over 3.5% CAGR from 2023 to 2032, due to the growing investments in 5G infrastructure rollout driven by the rising preference for next-generation communication technologies

The large enterprise segment recorded 60% share of the market in 2022, owing to the rising need for constantly updating the offerings and improving the work environment

The IT & ITes application segment is anticipated to witness over 1% CAGR during 2023 to 2032, attributed to the rising dependency on robust and efficient communication infrastructure for supporting operations.

Asia Pacific recorded more than 35% of the enterprise telecom services industry share in 2022 driven by the rising deployment of 5G networks across the region.