Telecom Consulting Market Overview, Growth Opportunities and Forecast to 2030
Telecom Consulting Market 2021
The author of the report analyzed that the telecom consulting market accounted for US$ 3607.1 million in 2017. Telecom consulting is a wide term essentially used to assess the communication need of an organization and thereby, providing required solution depending on the need.
Telecom consulting has been transitioning along with the developments in technology. The telecom consultants are an integral part of a business growth in devising strategies related to social networking, accessing information and service. The traditional providers are repositioning themselves as different forms of media with new telecom providers at every stage of the value chain. This is owing to the surge in developments of next generation networks.
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Top Key Venders of Market:
Some of the key participants in telecom consulting market which witnesses different collaborations, mergers and acquisitions are Accenture, Analysys Mason, Bell Labs (Nokia), Capgemini, CSG International, Deloitte, Detecon International, Dimension Data, Ericsson, Euroconsult, IBM, L.E.K. Consulting, McKinsey & Company, PwC, SoluComp Inc., Tata Consultancy Services Limited, The Boston Consulting Group, VenturaTeam, VocalPoint Consulting Group, Wipro Limited. In 2018, Capgemini acquired LiquidHub to increase their market base and to uncover new ways with customers by providing digital expertise.
Key Findings of the Report:
Based on the network type, telecom consulting market is segmented to wireless and wireline. Wireless segment is anticipated to be the most attractive and largest market in the network type of market. The increased adoption of voice, media and application through mobile networks along with developments in 4G and 5G has fueled the growth of wireless segment. Moreover, the rise in cloud-based servers and wireless connected devices among various industries has driven the growth of wireless network type segment in telecom consulting market.
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