Market Forecast by Countries (United States, Canada), By Service Type (Managed Data Center, Managed Network Services, Managed Data and Information Services, Managed Mobility Services, Managed Communications Services, Managed Security Services), By Organization Size (Small and Medium-sized Enterprises, Large Enterprises) And Competitive Landscape
Product Code: ETC4620605 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Telecom Managed Services Market |
Forecast period | 2025-2031 |
Forecast Size | USD 85 billion by 2031 |
CAGR | 13.5% |
Growing Sector | Healthcare |
The North America Telecom Managed Services Market report thoroughly covers the market by Countries, Service Type and Organization Size. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Telecom Managed Services Market was valued at USD 45 billion and is expected to reach USD 85 billion, growing at a CAGR of around 13.5% from 2025 to 2031. Telecom Managed Services is a continuous thread spun from silkworm cocoons, known for its softness and lustrous appearance. It has been used for centuries in various industries such as textiles, fashion, and home furnishings.
The North American telecom managed services market is expected to grow remarkably from 2025-2031, driven by the demand for advanced communication services and the adoption of cloud-based solutions. This market offers benefits such as cost reduction and increased efficiency, leading many telecom companies to outsource non-core tasks to specialized vendors.
According to 6Wresearch, the North America Telecom Managed Services Market size is expected to grow at a significant CAGR of 13.5% during 2025-2031. One of the major drivers is the increasing focus on cost reduction by telecom companies. With the rise in competition and the need to provide affordable services, telecom companies are leveraging managed services to reduce operational costs and improve efficiency. Another driver fueling this market is the growing complexity of network infrastructure. With the rapid evolution of technology, telecom companies face challenges in managing their complex networks. Managed service providers offer specialized expertise and tools to manage these networks efficiently, allowing telecom companies to focus on their core business. The rising demand for digital transformation and cloud-based services is also driving the growth of telecom managed services. As more businesses and consumers shift towards digital platforms, telecom companies need to upgrade their infrastructure to meet the demand for connectivity and data storage. Managed service providers offer customized solutions that enable telecom companies to leverage cloud technology and stay competitive in the market.
One of the key challenges is security concerns. With the increasing reliance on technology and digital platforms, there is a higher risk of cyber-attacks and data breaches. Another challenge is the lack of skilled professionals in the telecom industry. As technology continues to advance rapidly, there is a shortage of professionals with specialized expertise in managing complex network infrastructure. This can lead to a strain on managed service providers who have to constantly upgrade their workforce and invest in training programs.
The telecom managed services market in North America is highly competitive, with the presence of many leading players. Some of the key players operating in this region are AT&T Inc., Verizon Communications Inc., IBM Corporation, Cisco Systems Inc., and Accenture PLC. These companies have a strong presence and offer a wide range of services, including network management, data centre management, and security solutions. They also focus on continuous innovation and strategic partnerships to stay ahead in the market.
The telecom managed services industry in North America is subject to various government initiatives and regulations. These initiatives are aimed at promoting fair competition, protecting consumer rights, and ensuring network security. In the United States, the Federal Communications Commission (FCC) is responsible for regulating the telecommunications industry, while in Canada, the Canadian Radio-television and Telecommunications Commission (CRTC) is responsible for overseeing the industry. The government also encourages investments in advanced technologies to improve network infrastructure and enhance connectivity across North America.
The telecom managed services market in North America is expected to witness significant growth in the coming years due to increasing demand for efficient management of communication networks. As businesses continue to rely on technology for their operations, the demand for managed services is projected to rise. The region's adoption of advanced technologies such as 5G and the Internet of Things (IoT) is also expected to drive market growth. Additionally, the increasing need for cost-effective solutions and growing concerns over data security are likely to fuel the demand for telecom managed services in North America.
According to Ravi Bhandari, Research Head, 6Wresearch, the United States is currently dominating the market due to its well-established telecom infrastructure and high adoption rates of advanced technologies.
Managed data centre services are expected to dominate the market due to their ability to provide cost-effective and efficient management of IT infrastructure.
In terms of organization size, large enterprises currently hold a larger share in the market due to their need for complex and advanced telecom services, their increasing reliance on advanced technologies and the need for efficient network management.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Telecom Managed Services Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Telecom Managed Services Market Revenues & Volume, 2021 & 2031F |
3.3 North America Telecom Managed Services Market - Industry Life Cycle |
3.4 North America Telecom Managed Services Market - Porter's Five Forces |
3.5 North America Telecom Managed Services Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Telecom Managed Services Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.7 North America Telecom Managed Services Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 North America Telecom Managed Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Telecom Managed Services Market Trends |
6 North America Telecom Managed Services Market, 2021 - 2031 |
6.1 North America Telecom Managed Services Market, Revenues & Volume, By Service Type, 2021 - 2031 |
6.2 North America Telecom Managed Services Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
7 United States Telecom Managed Services Market, 2021 - 2031 |
7.1 United States Telecom Managed Services Market, Revenues & Volume, By Service Type, 2021 - 2031 |
7.2 United States Telecom Managed Services Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
8 Canada Telecom Managed Services Market, 2021 - 2031 |
8.1 Canada Telecom Managed Services Market, Revenues & Volume, By Service Type, 2021 - 2031 |
8.2 Canada Telecom Managed Services Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
9 North America Telecom Managed Services Market Key Performance Indicators |
10 North America Telecom Managed Services Market - Opportunity Assessment |
10.1 North America Telecom Managed Services Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Telecom Managed Services Market Opportunity Assessment, By Service Type, 2021 & 2031F |
10.3 North America Telecom Managed Services Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
11 North America Telecom Managed Services Market - Competitive Landscape |
11.1 North America Telecom Managed Services Market Revenue Share, By Companies, 2024 |
11.2 North America Telecom Managed Services Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |