Market Overview

According to fortune business insights, the global telecom managed services market size was valued at USD 28.38 billion in 2025. The market is projected to grow from USD 32.41 billion in 2026 to USD 82.01 billion by 2034, exhibiting a CAGR of 12.30% during the forecast period. North America dominated the market with a share of 36.00% in 2025.

The market is seeing prominent growth due to increasing network complexities, the expansion of 5G, rising data consumption, and the demand for cost-effective operations with enhanced service quality and security.

Major Players Profiled in the Market Report:

• AT&T Inc. (U.S.)
• Capgemini SE (France)
• Cisco Systems, Inc. (U.S.)
• Cognizant Technology Solutions Corporation (U.S.)
• DXC Technology Company (U.S.)
• Fujitsu Limited (Japan)
• HCL Technologies Limited (India)
• Huawei Technologies Co., Ltd. (China)
• IBM Corporation (U.S.)
• Tech Mahindra Limited (India)
• Telefonaktiebolaget LM Ericsson (Sweden)
• Verizon Communications Inc. (U.S.)
• ZTE Corporation (China)

Segments

Managed Data Center Services Segment to Lead Growth Due to Need for Effective Data Management

Based on service type, the market is segmented into managed data center services, managed security services, managed network services, managed mobility services, managed infrastructure services, and others. The managed data center services segment held the largest market share in 2026, driven by the increasing need for effective data management, continuous monitoring, and storage optimization.