B2B Telecommunication Market Investment Analysis| Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)
Increasing demand for
cloud communication, VoIP, and unified communication and collaboration from the
media & entertainment sector is expected to further boost the growth of the
B2B telecommunication market in the upcoming years.
Description
B2B Telecommunication Market: by Solution (WAN Solution, Voice
over IP (VoIP), M2M Communication, Cloud Services, and Unified Communication
& Collaboration), by Industrial Verticals (Retail, Media &
Entertainment, Healthcare, Energy and Utilities, Banking, Financial &
Insurance (BFSI), and Others), and by Region – Global Industry Sizing, Growth,
Trend, Opportunity, and Forecast (2020–2025)
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The B2B telecommunications market report covers a thorough
analysis of the market dynamics, business models, segmental/regional analysis,
and respective market shares and strategies adopted by the key market players
operating in the global market. It entails an in-depth analysis of the factors
influencing the global market and market statistics indicating region wise and
segment-wise market share/growth analysis. The report's study will outlook one
of the most exhaustive analyses of the market, capturing all the aspects of the
B2B telecommunications industry.
B2B Telecommunication Market:
Introduction:
B2B telecommunication refers to communications between
businesses. It facilitates two-way communication between clients, businesses,
or companies. B2B communication can take place in any form, with
telecommunication service providers maintaining systems that transmit voice,
text, sound, data, and video. These telecommunication systems are generally
used by marketers to propel the company’s presence within the industry vertical
and ascertain networking opportunities. A B2B telecommunication platform
provides a comprehensive view of the statistics and data related to cases,
orders, and financial information. Therefore, this facilitates easy management
of the organization’s complex hierarchies’ structure to access detailed
reporting and establish real-time control over service usage.
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B2B Telecommunication Market Dynamics
The global B2B telecommunication market is primarily driven
by the increasing adoption of new technologies, such as the IoT and Voice over
IP. The key players are focused on providing services such as cloud computing
to organizations, driving the growth of the market over the forecast period.
Moreover, increasing demand for cloud communication, VoIP, and unified
communication and collaboration from the media & entertainment sector is
expected further to boost the market's growth in the upcoming years. Moreover,
the rising implementation of social media platforms among business owners
boosts the growth of the market. The advent of M2M technology and IoT and
increasing demand for IT services among business owners are anticipated to
offer lucrative growth opportunities for market growth in the upcoming years.
However, the high initial cost associated with advanced
telecommunication solutions and lack of security systems regarding advanced
technology is likely to restrain the growth of the market over the forecast
period. Moreover, the outbreak of the COVID-19 pandemic will considerably
impact the B2B
telecommunication market in 2020. As the market
witnessed a positive growth in the initial months of 2020 and later, there was
a wide decrease in the sales, owing to lockdown and business closures in
quarter 2 (Q2) the global industry during a longer period.
B2B Telecommunication Market:
Competitive Landscape
The leading manufacturers of B2B telecommunication in the
global market include Deutsche Telekom AG, Vodafone Group PLC, Comarch SA., NTT
Communications, AT&T Inc., and Verizon Communication Inc.
Other B2B telecommunication manufacturers include Orange
S.A., Amdocs Ltd., Telstra Corporation Limited, Cisco Systems, Inc., Telefonica,
S.A., Sprint Corporation, Microsoft Corporation, IBM Corporation, and
CityFiber.
·
In June 2019, Telefonica, S.A., signed a partnership
agreement with Google LLC. The companies have planned to offer Google Cloud
Solutions worldwide to aids them boost their digital transformation.
·
In November 2019, Sprint Corporation launched a telecom
infra project community lab for OpenRAN 5G NR, to propel 5G macrocells and
small cells.
The B2B telecommunications market report provides a thorough
analysis of macro-economic factors and the market attractiveness of every
segment. The report will include an in-depth qualitative and quantitative
assessment of segmental/regional outlook with the market players' presence in
the respective segment and region/country. The information concluded in the
report includes the inputs from industry participants and industry experts
across the value chain.
The B2B telecommunications market
report covers comprehensive analysis on:
·
Market Dynamics
·
Market Segmentation
·
Regional Analysis
·
Market Size in Value
·
Pricing Analysis
·
Trade Analysis
·
Market Factor Analysis
·
Market Trends
·
Regulatory Landscape
·
Competition Landscape
·
15+ Company Profiles
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