Product Code:461809
Published Date: Apr 26,2023
Pages: 102
Region: Global
Category: Internet & Communication
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The global B2B Telecommunication market size is projected to grow from US$ 785210 million in 2022 to US$ 952040 million in 2029; it is expected to grow at a CAGR of 2.8% from 2023 to 2029. The global key service providers of B2B communications are AT&T, Deutsche Telekom AG, Vodafone Group, NTT Communications Corporation, Verizon, Orange SA, China Telecom, China Mobile, and China Unicom, mainly located in North America, Europe, China, Japan, and South America, etc. The top four vendors have a total market share of 10%, with the largest service provider being Verizon, with a 3.5% share. From a consumer perspective, Europe has the largest market share, with a 30% share. In terms of product categories, traditional B2B telecommunications have more market share, with a 60% share, while digital B2B telecommunications have a lower share. In terms of its applications, large and multinational enterprises have 65% of the market share, while SMEs account for 35%. Business-to-business (B2B) telecommunications systems are used to transmit text, sound, voice, and video, allowing direct communications between businesses. B2B telecommunications facilitate 2-way communication between companies, clients or business. B2B telecommunications platform provides a comprehensive view where the data and statistics related to orders, cases, and financial information is made visible to clients. B2B telecommunications describes any communications between businesses, as opposed to between businesses and clients or clients and clients. These communications can take many forms. B2B telecommunications is characterized by much greater product diversity and complexity. Purchases typically include a larger, more diverse set of value-added services than on the consumer side—for example, a variety of managed services (such as security and VoIP), direct or partnered offerings in the cloud and hosting space, professional services, and support tiers. LPI (LP Information)' newest research report, the “B2B Telecommunication Industry Forecast” looks at past sales and reviews total world B2B Telecommunication sales in 2022, providing a comprehensive analysis by region and market sector of projected B2B Telecommunication sales for 2023 through 2029. With B2B Telecommunication sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world B2B Telecommunication industry. This Insight Report provides a comprehensive analysis of the global B2B Telecommunication landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on B2B Telecommunication portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global B2B Telecommunication market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for B2B Telecommunication and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global B2B Telecommunication. This report presents a comprehensive overview, market shares, and growth opportunities of B2B Telecommunication market by product type, application, key players and key regions and countries. Market Segmentation: Segmentation by type Traditional B2B Telecommunication Digital B2B Telecommunication Segmentation by application Small & Medium Enterprise Large & Multinational Enterprise This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. AT&T Deutsche Telekom AG Vodafone Group NTT Communications Corporation Verizon Orange SA Telefonica China Telecom China Mobile China Unicom