What is Shared Carrier Services Market?
Major driving factors behind the growth of the shared carrier services market are the increasing pressure on telecom operators for profit margin. There are several reasons for this such as penetration in many markets has saturated limiting the number of subscribers further, intense price rivalry, increased churn plus pressure on Average Revenue Per User (ARPU) and operators to offer increasingly generous bundling packages. Furthermore, there is continued need for heavy investments in capacity expansions and new technology, mainly LTE, to satisfy the ever growing demand for higher data speed. Shared carrier services also provide opportunities for reducing the cost for running the network. Operating Expenses (OPEX) can often be reduced by terminating duplicate leased lines.
The market study is being classified by Type (Devices and Solution) and major geographies with country level break-up.
AT&T (United States), cellXica (United Kingdom), Ericsson (Sweden), Sprint Corporation (United States), Huawei Technologies Co., Ltd. (China), ZTE Corporation (China), Cisco Systems, Inc. (United States) and Verizon Wireless (United States) are some of the key players profiled in the study.
The Shared carries services market is fragmented owing to the number of players present in the market. Further, companies are focusing on technological developments for better user interface expected to generate lucrative opportunities for shared service providers. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Shared Carrier Services market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Shared Carrier Services market by Type, Application and Region.
On the basis of geography, the market of Shared Carrier Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Pressure on Telecom Operators for Profit Margin
- Rising Need for Heavy Investments in Capacity Expansions and New Technology, mainly LTE
Restraints
- Lack of Skilled Workforce to Adopt New Technologies
Opportunities
- Growth in IT & Telecommunications Industry
- Growth in Emerging Market
Challenges
- Stiff Competition among Competitors
Key Target Audience
Shared Carrier Services Providers, Professional Service Providers, Government Agencies, Research Institute, Market Research Firms and Others