Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

B2B Telecommunication Market to more than US$ 27 billion

The Personal Watercraft Market To Fathom The Depth Of Innovation

 

 

Businesses across several industrial verticals are actively adopting IT-as-a-service (ITaaS) models for improving their operations. With the soaring demand for ITaaS operational models, the scope for incorporating B2B telecommunications is also extending substantially among varied businesses and enterprises. A recent research conducted by Future Market Insights projects that the global demand for B2B telecommunication will be largely emanating from the BFSI sector and media & entertainment industry. According to Future Market Insights’ report, the global revenues from B2B telecommunication surpassed an estimated US$ 30 billion in 2016. By the end of 2026, the global B2B telecommunication market is projected to be valued at US$ 107.47 billion, registering expansion at a 13.6% CAGR. More than one-fourth of the global B2B telecommunication revenues throughout the forecast period will be accounted by the BFSI industrial vertical, which will amount to more than US$ 27 billion by the end of 2026. Government and administrative bodies, and healthcare organisations such as hospitals and medical research institutes will also considered lucrative industrial verticals for B2B telecommunication, procuring a combined global market value share of nearly 30% by the end of forecast period. Growth in B2B telecommunication revenues from the media & entertainment industry is predicted to be at a faster pace – with a CAGR of 14.7%.

Request a report sample to gain comprehensive market insights @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1908

Unified B2B Telecommunication Services Gaining Traction

Businesses availing B2B telecommunication services are able to select suitable types of solutions, on the basis of facilities provided. While cloud-based B2B telecommunication services currently account for half of the global market revenues, their revenue share is expected to drop over the period of next ten years. Increasing adoption of unified communication and collaboration solutions is predicted to partly instrument the dip in cloud services’ global market contribution. By 2026, nearly US$ 25 billion revenues are projected to be harvested globally from sales of unified B2B telecommunication services. Furthermore, the demand for VoIP services, WAN solutions and M2M communication solutions is also expected to grow at steady rate over the next decade.

North America & APEJ – Dominant Regions

In 2016, North America’s B2B telecommunication market was valued at an estimated US$ 8.5 billion. Surging adoption of cloud and VoIP services by US-based businesses has been assessed as the key attributor for growing sales of B2B telecommunication services in North America. Although, B2B telecommunication revenues in North America will increase at a 15.3% CAGR. On the other hand, the B2B telecommunication market in Asia Pacific excluding Japan (APEJ) region is projected to register rampant expansion at the highest CAGR of 17.3%. By 2026-end, the APEJ B2B telecommunication businesses will dominate the global B2B telecommunication market with 28.5% global revenue share.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-1908

Comparatively, the B2B telecommunication market in Latin America, Eastern Europe and the Middle East & Africa (MEA) region will incur sluggish expansion over the forecast period. Japan’s contribution to the global B2B telecommunication market value is estimated to be over US$ 15 billion by the end of 2026, which will be approximately US$ 3 billion higher than the value of Western Europe’s B2B telecommunication market.

In the report, titled “B2B Telecommunication Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,” large enterprises such as MNCs and conglomerates will be the largest end-users of B2B telecommunication in the world. Companies such as China Mobile Limited are being recognised as a leading supplier of B2B telecommunication services, owing to the growing proliferation of social, mobile, analytics and cloud (SMAC) technologies in the APEJ region and beyond. The report has further profiled key players of the global B2B telecommunication market, which include, NTT Communications Corporation, Vodafone Group PLC, Orange S.A., Telefonica S.A., AT&T Inc., Telstra Corporation Limited, Deutsche Telekom AG, Verizon Communications, and SoftBank-owned Sprint Corporation.

Buy Complete Report @ https://www.futuremarketinsights.com/checkout/1908

Global B2B Telecommunication Market – Segmentation

By Solution

  • Unified Communication and Collaboration
  • VoIP
  • WAN
  • Cloud Services
  • M2M Communication

By End User

  • Small & Medium Enterprise
  • Large Enterprise

By Vertical

  • BFSI
  • Healthcare
  • Media and Entertainment
  • Government
  • Energy and Utility
  • Retail
  • Transportation and Logistics
  • Others
    Related Reports :

Level Sensor MarketThe level sensor market size is expected to reach US$ 4.1 Bn in 2022 to US$ 6.4 Bn by 2029. The global level sensor market is anticipated to grow at a CAGR of 6.3% during 2022-29.

Recordable Optical Disc MarketThe global recordable optical disc market is slated to hold a net worth of US$ 2.5 Bn in 2022, but is expected to decline at a CAGR of -3% over the forecast period (2022-2029) to reach an estimated market valuation of US$ 2 Bn by the end of 2029.

Contact Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

Continue Reading