Companiesandmarkets.com

Global network outsourcing market: 4.7% CAGR between 2012-2016 forecast

Press Release   •   Aug 08, 2013 13:59 BST

The Global Network Outsourcing market is to grow at a CAGR of 4.67 percent CAGR percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased profitability obtained when using network outsourcing. The Global Network Outsourcing market has also been witnessing an increasing number of end-to-end solutions. However, the minimal adoption of network outsourcing in the US could pose a challenge to the growth of this market.

The main trend witnessed by the Global Network Outsourcing market is the increase in end-to-end solutions from the vendors. There would be increased focus on the entire process by network operators and not the specific tasks. The network operators would like to invest in the entire suite of diverse processes such as the order entry, circuit design, customer care, and telecom expense management instead of having separate outsourcing providers for individual tasks or projects. The outsourcing providers would bring all their expertise and six sigma approaches in providing end-to-end solutions.

The major factor which is driving the market is the growing focus towards increasing profitability by the service providers. Network outsourcing is extremely beneficial in reducing the expenses as the service providers need not invest heavily in resources or in hiring new employees for new telecom network infrastructure.

For more information on the Global network outsourcing market, please click here: Global network outsourcing market

Follow us on Twitter @CandMResearch

Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.