Telecoms outsourcing forecast to hit USD76bn in 2020

A study conducted by telecom market research firm Infonetics showed that the global telecoms outsourcing market could reach USD76 billion by 2020. According to the study, telecoms outsourcing is expected to grow at a compound annual rate of 2%, buoyed by mobile network outsourcing deals. In 2015, Ericsson retained its lead in telecom outsourcing revenue market share, followed by Huawei, HPE, IBM and Nokia Networks. Carrier outsourcing revenue last year totaled USD69bn, with network maintenance, build, planning and design accounting for 52% of the total revenue.