B2B telecommunications market: by solution (WAN solution, voice over IP (VoIP), M2M communication, cloud services and unified communication and collaboration), by industry sectors (retail, media and entertainment, healthcare, energy and utilities, banking, finance and Insurance (BFSI), and others), and by Region – Global industry sizing, growth, trend, opportunity and forecast (2020-2025)
The B2B Telecommunications Market report covers an in-depth analysis of market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by key market players operating in the global market. It involves an in-depth analysis of factors influencing the global market and market statistics indicating market share/growth analysis by region and segment. The report study will present one of the most comprehensive analyzes of the market, capturing all aspects of the B2B telecommunications industry.
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Global B2B Telecommunications Market Research Report, 2018-2025 (USD Billion)
B2B telecommunications market: Introduction:
B2B telecommunications refers to business-to-business communications. It facilitates two-way communication between customers, companies or businesses. B2B communication can take any form, with telecommunications service providers managing systems that transmit voice, text, sound, data and video. These telecommunication systems are typically used by marketers to propel company presence within the vertical industry and to determine networking opportunities. A B2B telecommunications platform provides a complete view of statistics and data relating to cases, orders and financial information. Therefore, it facilitates the easy management of the complex hierarchical structure of the organization to access detailed reports and establish real-time control over the use of services.
Dynamics of the B2B telecommunications market
The global B2B telecommunications market is mainly driven by the increasing adoption of new technologies, such as IoT and Voice over IP. The major players are focusing on providing services like cloud computing to organizations, driving the growth of the market over the forecast period. Moreover, the growing demand for cloud communication, VoIP, unified communication and collaboration from the media and entertainment industry is expected to further boost the market growth in the coming years. Additionally, increasing implementation of social media platforms among business owners is driving the growth of the market. The advent of M2M and IoT technology and growing demand for IT services among business owners are expected to provide lucrative growth opportunities for market growth in the coming years.
However, high initial cost associated with advanced telecommunication solutions and lack of security systems regarding advanced technologies are likely to restrain the market growth over the forecast period. Moreover, the outbreak of the COVID-19 pandemic will have a huge impact on the B2B telecommunications market in 2020. As the market witnessed positive growth in the first months of 2020 and later, there has been a sharp drop in sales, due to lockdown and business. second quarter (Q2) shutdowns the global industry for a longer period.
B2B Telecom Market: Scope of the Report
The report outlines the study of the B2B telecommunications market based on solution and industry vertical.
Based on the solution, the B2B telecommunications market is segmented into
- Voice over IP (VoIP)
- M2M communication
- Cloud services
- Unified communication and collaboration
Based on industry vertical, the B2B telecommunications market is segmented into
- Media and entertainment
- Health care
- Energy and Utilities
- Banking, Finance & Insurance (BFSI)
- Others (Transpiration & Logistics)
B2B telecommunications market by solution, 2018-2025 (USD million)
Source: MSG Analysis, 2020
B2B telecommunications market: regional outlook
The global B2B telecommunications market is geographically segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa. North America holds a dominant position in the global B2B telecommunications market and is expected to maintain its position during the forecast period. This growth is attributed to well-established telecom infrastructures and strong adoption of cloud and VoIP services. Additionally, high adoption of IoT and technological advancements are factors driving the market growth in the region.
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Asia-Pacific is expected to account for the fastest CAGR in the global B2B telecommunications market during the forecast period. This growth is due to high Internet penetration, a growing number of small and medium enterprises in emerging economies, such as India and China. Additionally, the development of the media and entertainment sector and the adoption of telecommunication services are a few factors propelling the market growth in the region.
B2B telecommunications market growth by region, 2020-2025
Source: MSG Analysis, 2020
B2B Telecommunications Market: Competitive Landscape
The major B2B telecommunications manufacturers in the global market are Deutsche Telekom AG, Vodafone Group PLC, Comarch SA., NTT Communications, AT&T Inc. and Verizon Communication Inc.
Other B2B telecommunications manufacturers include Orange SA, Amdocs Ltd., Telstra Corporation Limited, Cisco Systems, Inc., Telefonica, SA, Sprint Corporation, Microsoft Corporation, IBM Corporation, and CityFiber.
- In June 2019, Telefonica, SA signed a partnership agreement with Google LLC. Businesses plan to offer Google Cloud Solutions globally to help them accelerate their digital transformation.
- In November 2019, Sprint Corporation launched a Telecom Infrastructure Project Community Lab for OpenRAN 5G NR, to power 5G macrocells and small cells.
The B2B Telecommunications market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of the industry/regional outlook with the presence of market players in the respective segment and region/country. The information concluded in the report includes contributions from industry participants and industry experts across the value chain.
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The B2B Telecommunications Market Report Covers Comprehensive Analysis on:
- Market dynamics
- Market segmentation
- Regional analysis
- Market size in value
- Price analysis
- Business analysis
- Market Factor Analysis
- Market trends
- Regulatory landscape
- Competition landscape
- More than 15 company profiles