The Global Market for Telecom Network Outsourcing is Projected to Reach US$68.8 Billion by 2022

Rising Complexity in Network Operations and Growing Pressure to Reduce OPEX Drive Growth in the Telecom Network Outsourcing Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry trends, growth drivers, market share, size and demand forecasts on the Telecom Network Outsourcing market. The global market for Telecom Network Outsourcing is projected to reach US$68.8 billion by 2022, driven by the ever-growing complexity in telecom network operation, growing pressure to reduce operational expenditure and the competitive need to focus on core business activities.

Telecom network outsourcing is an established concept, in which a telecom enterprise engages a specialist outsourcing services vendor to perform various network related functions on a contract basis. Network functions such as planning, design, roll out, management and maintenance are awarded as full-service contract to a single vendor, or only select functions are awarded individually to the contractor in line with telecom company’s requirements. Ever-growing complexity in telecom networks, increased need to reduce operational expenditure and the competitive need to focus on core business activities are some of the key factors driving demand for network outsourcing services. The outsourcing model enables telecom enterprises to refocus on core business activities such as delivery of quality services, while reaping cost, time and operational benefits. Telecom companies can seamlessly gain from time to market, reduced churn, improved QoS and QoE, and eventually higher revenues and profitability. At the same time, telecos can substantially reduce network operational risks, improve network performance, streamline business processes, and minimize the CAPEX and OPEX in their network operations. Demand for these services is also driven by availability of high-quality services from large network equipment companies and specialist service providers through full-fledged contracts and at flexible pricing schemes. Telecom enterprises around the world are increasingly contemplating on network outsourcing model. Various outsourcing strategies including assistance & consolidation services, network sharing, managed capacity, build, operate & terminate (BOT), and business migration with complete outsourcing continue to be leveraged by telecom operators.

Currently, a significant portion of market growth is driven by mobile networks. Steady evolution in mobile networking technologies and dynamically changing usage patterns continue to drive mobile network operators (MNOs) upgrade their networks and services. Since, upgrading networks on a regular basis is a technologically-driven activity, requiring full-fledged knowledge and expertise in various aspects of network, MNOs prioritize network outsourcing services. A majority of MNOs rely on managed services and professional services for their mobile service networks, and global leading network infrastructure vendors such as Ericsson, Nokia Networks and Huawei actively operate in the mobile networks segment.

As stated by the new market research report on Telecom Network Outsourcing, Europe represents the largest market worldwide. Rest of World comprising Latin America, the Middle East and Africa, constitutes the fastest growing market exhibiting a CAGR of 4.8% over the analysis period. Latin America especially stands out as a major market force supported by the growing trend towards nearshoring and the region’s advantage in being in close proximity to North America and the growing availability of a large pool of skilled professionals with expertise in latest telecommunication technologies.

Major players covered in the report include Ciena Corporation, Cisco Systems Inc., Fujitsu Limited, Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., IBM Corporation, Juniper Networks Inc., Motorola Solutions Inc., NEC Corporation, Nokia Networks, Telefonaktiebolaget LM Ericsson, Tellabs Inc., UTStarcom Holdings Corp. and ZTE Corporation among others.

The research report titled “Telecom Network Outsourcing: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections of revenues for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific, and Rest of World. The report also analyzes the Network Outsourcing market by Network Type - Mobile Network and Fixed Network.

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