The North America Enterprise Telecom Services Market would witness market growth of 5.5% CAGR during the forecast period (2023-2029).
Contact Center As a Service (CCaaS) and Unified Communications As a Service (UCaaS), two popular cloud-based telecom services, are increasingly being adopted, significantly contributing to the segment's growth. These services provide adaptable, affordable solutions that let businesses improve their capacity for collaboration and communication. In addition, enterprise telecom services hosted in the cloud are also extremely scalable, enabling businesses to add and remove customers and features as needed. Because of this, businesses may swiftly adjust to shifting market demands without making substantial infrastructure investments.
Businesses are investing heavily in developing communication infrastructure due to several factors, including increasing demand for fast internet and wireless services, the need to update and modernize existing networks, and government initiatives to improve connectivity in rural areas. In order to keep up with the growing demand for data-intensive services, businesses, and governmental institutions are investing in fiber optic cables, 5G networks, and other communication infrastructures. Benefits such as enhanced information access, higher economic activity, and improved corporate connectivity are anticipated as a result of this increased spending. Additionally, the proliferation of Internet-of-Things (IoT) applications in manufacturing, energy, transportation, and public safety has prompted companies and enterprises to set up reliable communications infrastructure.
Businesses across the US and Canada are utilizing hybrid telco cloud installations to incorporate the greatest data analytics or artificial intelligence now available in the public cloud sector to more accurately meet and anticipate the needs of consumers. The BFSI industry in this region is well-established, and businesses are heavily investing in implementing cutting-edge technologies. The need for telecom cloud to improve banking education, employee training, and communication with clients is growing. The market for enterprise telecom services is anticipated to expand rapidly in the region due to the quick adoption of various telecom services by different industry verticals.
The US market dominated the North America Enterprise Telecom Services Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $221,228.8 million by 2029. The Canada market is poised to grow at a CAGR of 7.9% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 7% during (2023 - 2029).
Based on Transmission, the market is segmented into Wireless and Wireline. Based on Vertical, the market is segmented into IT & Telecom, BFSI, Media & Entertainment, Manufacturing, Government, Healthcare, Oil & Gas, Energy & Utilities, Retail, Transportation & Logistics and Others. Based on Enterprise Size, the market is segmented into Small & Medium Enterprises and Large Enterprises. Based on Service, the market is segmented into Fixed Internet Access Services, Machine-to-Machine (Mobile IoT) Services, Fixed Voice Services, Pay TV Services and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Enterprise Telecom Services Market is Projected to reach USD 1046.7 Billion by 2029, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AT&T, Inc., Verizon Communications, Inc., Comcast Corporation, Charter Communications, Inc., Lumen Technologies, Inc., Cox Communications, Inc., Altice USA, Inc., Frontier Communications Parent, Inc., Windstream Holdings, Inc., and KT Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Transmission
By Vertical
- IT & Telecom
- BFSI
- Media & Entertainment
- Manufacturing
- Government
- Healthcare
- Oil & Gas
- Energy & Utilities
- Retail
- Transportation & Logistics
- Others
By Enterprise Size
- Small & Medium Enterprises
- Large Enterprises
By Service
- Fixed Internet Access Services
- Machine-to-Machine (Mobile IoT) Services
- Fixed Voice Services
- Pay TV Services
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- AT&T, Inc.
- Verizon Communications, Inc.
- Comcast Corporation
- Charter Communications, Inc.
- Lumen Technologies, Inc.
- Cox Communications, Inc.
- Altice USA, Inc.
- Frontier Communications Parent, Inc.
- Windstream Holdings, Inc.
- KT Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Enterprise Telecom Services Market, by Transmission
1.4.2 North America Enterprise Telecom Services Market, by Vertical
1.4.3 North America Enterprise Telecom Services Market, by Enterprise Size
1.4.4 North America Enterprise Telecom Services Market, by Service
1.4.5 North America Enterprise Telecom Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
Chapter 4. North America Enterprise Telecom Services Market by Transmission
4.1 North America Wireless Market by Country
4.2 North America Wireline Market by Country
Chapter 5. North America Enterprise Telecom Services Market by Vertical
5.1 North America IT & Telecom Market by Country
5.2 North America BFSI Market by Country
5.3 North America Media & Entertainment Market by Country
5.4 North America Manufacturing Market by Country
5.5 North America Government Market by Country
5.6 North America Healthcare Market by Country
5.7 North America Oil & Gas Market by Country
5.8 North America Energy & Utilities Market by Country
5.9 North America Retail Market by Country
5.1 North America Transportation & Logistics Market by Country
5.11 North America Others Market by Country
Chapter 6. North America Enterprise Telecom Services Market by Enterprise Size
6.1 North America Small & Medium Enterprises Market by Country
6.2 North America Large Enterprises Market by Country
Chapter 7. North America Enterprise Telecom Services Market by Service
7.1 North America Fixed Internet Access Services Market by Country
7.2 North America Machine-to-Machine (Mobile IoT) Services Market by Country
7.3 North America Fixed Voice Services Market by Country
7.4 North America Pay TV Services Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Enterprise Telecom Services Market by Country
8.1 US Enterprise Telecom Services Market
8.1.1 US Enterprise Telecom Services Market by Transmission
8.1.2 US Enterprise Telecom Services Market by Vertical
8.1.3 US Enterprise Telecom Services Market by Enterprise Size
8.1.4 US Enterprise Telecom Services Market by Service
8.2 Canada Enterprise Telecom Services Market
8.2.1 Canada Enterprise Telecom Services Market by Transmission
8.2.2 Canada Enterprise Telecom Services Market by Vertical
8.2.3 Canada Enterprise Telecom Services Market by Enterprise Size
8.2.4 Canada Enterprise Telecom Services Market by Service
8.3 Mexico Enterprise Telecom Services Market
8.3.1 Mexico Enterprise Telecom Services Market by Transmission
8.3.2 Mexico Enterprise Telecom Services Market by Vertical
8.3.3 Mexico Enterprise Telecom Services Market by Enterprise Size
8.3.4 Mexico Enterprise Telecom Services Market by Service
8.4 Rest of North America Enterprise Telecom Services Market
8.4.1 Rest of North America Enterprise Telecom Services Market by Transmission
8.4.2 Rest of North America Enterprise Telecom Services Market by Vertical
8.4.3 Rest of North America Enterprise Telecom Services Market by Enterprise Size
8.4.4 Rest of North America Enterprise Telecom Services Market by Service
Chapter 9. Company Profiles
9.1 AT&T, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Verizon Communications, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Geographical Expansions:
9.2.5 SWOT Analysis
9.3 Comcast Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Partnerships, Collaborations, and Agreements:
9.3.4.2 Acquisition and Mergers:
9.4 Charter Communications, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Lumen Technologies, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.6 Cox Communications, Inc.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.6.2.2 Product Launches and Product Expansions:
9.6.2.3 Acquisition and Mergers:
9.7 Altice USA, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Recent strategies and developments:
9.7.3.1 Partnerships, Collaborations, and Agreements:
9.8 Frontier Communications Parent, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 Windstream Holdings, Inc.
9.9.1 Company Overview
9.10. KT Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental Analysis
9.10.4 Research & Development Expenses
TABLE 1 North America Enterprise Telecom Services Market, 2019 - 2022, USD Million
TABLE 2 North America Enterprise Telecom Services Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Enterprise Telecom Services Market
TABLE 4 Product Launches And Product Expansions– Enterprise Telecom Services Market
TABLE 5 Acquisition and Mergers– Enterprise Telecom Services Market
TABLE 6 Geographical Expansions – Enterprise Telecom Services Market
TABLE 7 North America Enterprise Telecom Services Market by Transmission, 2019 - 2022, USD Million
TABLE 8 North America Enterprise Telecom Services Market by Transmission, 2023 - 2029, USD Million
TABLE 9 North America Wireless Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Wireless Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Wireline Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Wireline Market by Country, 2023 - 2029, USD Million
TABLE 13 North America Enterprise Telecom Services Market by Vertical, 2019 - 2022, USD Million
TABLE 14 North America Enterprise Telecom Services Market by Vertical, 2023 - 2029, USD Million
TABLE 15 North America IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 16 North America IT & Telecom Market by Country, 2023 - 2029, USD Million
TABLE 17 North America BFSI Market by Country, 2019 - 2022, USD Million
TABLE 18 North America BFSI Market by Country, 2023 - 2029, USD Million
TABLE 19 North America Media & Entertainment Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Media & Entertainment Market by Country, 2023 - 2029, USD Million
TABLE 21 North America Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 23 North America Government Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Government Market by Country, 2023 - 2029, USD Million
TABLE 25 North America Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 27 North America Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Oil & Gas Market by Country, 2023 - 2029, USD Million
TABLE 29 North America Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Energy & Utilities Market by Country, 2023 - 2029, USD Million
TABLE 31 North America Retail Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Retail Market by Country, 2023 - 2029, USD Million
TABLE 33 North America Transportation & Logistics Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Transportation & Logistics Market by Country, 2023 - 2029, USD Million
TABLE 35 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 37 North America Enterprise Telecom Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 38 North America Enterprise Telecom Services Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 39 North America Small & Medium Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Small & Medium Enterprises Market by Country, 2023 - 2029, USD Million
TABLE 41 North America Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Large Enterprises Market by Country, 2023 - 2029, USD Million
TABLE 43 North America Enterprise Telecom Services Market by Service, 2019 - 2022, USD Million
TABLE 44 North America Enterprise Telecom Services Market by Service, 2023 - 2029, USD Million
TABLE 45 North America Fixed Internet Access Services Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Fixed Internet Access Services Market by Country, 2023 - 2029, USD Million
TABLE 47 North America Machine-to-Machine (Mobile IoT) Services Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Machine-to-Machine (Mobile IoT) Services Market by Country, 2023 - 2029, USD Million
TABLE 49 North America Fixed Voice Services Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Fixed Voice Services Market by Country, 2023 - 2029, USD Million
TABLE 51 North America Pay TV Services Market by Country, 2019 - 2022, USD Million
TABLE 52 North America Pay TV Services Market by Country, 2023 - 2029, USD Million
TABLE 53 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Others Market by Country, 2023 - 2029, USD Million
TABLE 55 North America Enterprise Telecom Services Market by Country, 2019 - 2022, USD Million
TABLE 56 North America Enterprise Telecom Services Market by Country, 2023 - 2029, USD Million
TABLE 57 US Enterprise Telecom Services Market, 2019 - 2022, USD Million
TABLE 58 US Enterprise Telecom Services Market, 2023 - 2029, USD Million
TABLE 59 US Enterprise Telecom Services Market by Transmission, 2019 - 2022, USD Million
TABLE 60 US Enterprise Telecom Services Market by Transmission, 2023 - 2029, USD Million
TABLE 61 US Enterprise Telecom Services Market by Vertical, 2019 - 2022, USD Million
TABLE 62 US Enterprise Telecom Services Market by Vertical, 2023 - 2029, USD Million
TABLE 63 US Enterprise Telecom Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 64 US Enterprise Telecom Services Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 65 US Enterprise Telecom Services Market by Service, 2019 - 2022, USD Million
TABLE 66 US Enterprise Telecom Services Market by Service, 2023 - 2029, USD Million
TABLE 67 Canada Enterprise Telecom Services Market, 2019 - 2022, USD Million
TABLE 68 Canada Enterprise Telecom Services Market, 2023 - 2029, USD Million
TABLE 69 Canada Enterprise Telecom Services Market by Transmission, 2019 - 2022, USD Million
TABLE 70 Canada Enterprise Telecom Services Market by Transmission, 2023 - 2029, USD Million
TABLE 71 Canada Enterprise Telecom Services Market by Vertical, 2019 - 2022, USD Million
TABLE 72 Canada Enterprise Telecom Services Market by Vertical, 2023 - 2029, USD Million
TABLE 73 Canada Enterprise Telecom Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 74 Canada Enterprise Telecom Services Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 75 Canada Enterprise Telecom Services Market by Service, 2019 - 2022, USD Million
TABLE 76 Canada Enterprise Telecom Services Market by Service, 2023 - 2029, USD Million
TABLE 77 Mexico Enterprise Telecom Services Market, 2019 - 2022, USD Million
TABLE 78 Mexico Enterprise Telecom Services Market, 2023 - 2029, USD Million
TABLE 79 Mexico Enterprise Telecom Services Market by Transmission, 2019 - 2022, USD Million
TABLE 80 Mexico Enterprise Telecom Services Market by Transmission, 2023 - 2029, USD Million
TABLE 81 Mexico Enterprise Telecom Services Market by Vertical, 2019 - 2022, USD Million
TABLE 82 Mexico Enterprise Telecom Services Market by Vertical, 2023 - 2029, USD Million
TABLE 83 Mexico Enterprise Telecom Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 84 Mexico Enterprise Telecom Services Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 85 Mexico Enterprise Telecom Services Market by Service, 2019 - 2022, USD Million
TABLE 86 Mexico Enterprise Telecom Services Market by Service, 2023 - 2029, USD Million
TABLE 87 Rest of North America Enterprise Telecom Services Market, 2019 - 2022, USD Million
TABLE 88 Rest of North America Enterprise Telecom Services Market, 2023 - 2029, USD Million
TABLE 89 Rest of North America Enterprise Telecom Services Market by Transmission, 2019 - 2022, USD Million
TABLE 90 Rest of North America Enterprise Telecom Services Market by Transmission, 2023 - 2029, USD Million
TABLE 91 Rest of North America Enterprise Telecom Services Market by Vertical, 2019 - 2022, USD Million
TABLE 92 Rest of North America Enterprise Telecom Services Market by Vertical, 2023 - 2029, USD Million
TABLE 93 Rest of North America Enterprise Telecom Services Market by Enterprise Size, 2019 - 2022, USD Million
TABLE 94 Rest of North America Enterprise Telecom Services Market by Enterprise Size, 2023 - 2029, USD Million
TABLE 95 Rest of North America Enterprise Telecom Services Market by Service, 2019 - 2022, USD Million
TABLE 96 Rest of North America Enterprise Telecom Services Market by Service, 2023 - 2029, USD Million
TABLE 97 Key Information – AT&T, Inc.
TABLE 98 key information – Verizon Communications, Inc.
TABLE 99 key information – Comcast Corporation
TABLE 100 key information – Charter Communications, Inc.
TABLE 101 Key Information – Lumen Technologies, Inc.
TABLE 102 key information – Cox Communications, Inc.
TABLE 103 Key Information – Altice USA, Inc.
TABLE 104 Key Information – Frontier Communications Parent, Inc.
TABLE 105 Key Information – Windstream Holdings, Inc.
TABLE 106 Key Information – KT Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 SWOT Analysis: AT&T, Inc.
FIG 5 Recent strategies and developments: Verizon Communications, Inc.
FIG 6 SWOT Analysis: Verizon Communications, Inc.
FIG 7 Recent strategies and developments: Comcast Corporation
FIG 8 Recent strategies and developments: Cox Communications, Inc.