B2B Telecommunication Market
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<strong>B2B</strong> <strong>Telecommunication</strong> <strong>Market</strong><br />
Increasing adoption of unified communication and collaboration solutions is predicted to partly instrument<br />
the dip in cloud services’ global market contribution. By 2026, nearly US$ 25 billion revenues are projected<br />
to be harvested globally from sales of unified <strong>B2B</strong> telecommunication services. Furthermore, the demand<br />
for VoIP services, WAN solutions and M2M communication solutions is also expected to grow at steady rate<br />
over the next decade.<br />
North America & APEJ – Dominant Regions<br />
In 2016, North America’s <strong>B2B</strong> telecommunication market was valued at an estimated US$ 8.5 billion. Surging<br />
adoption of cloud and VoIP services by US-based businesses has been assessed as the key attributor for<br />
growing sales of <strong>B2B</strong> telecommunication services in North America. Although, <strong>B2B</strong> telecommunication<br />
revenues in North America will increase at a 15.3% CAGR. On the other hand, the <strong>B2B</strong> telecommunication<br />
market in Asia Pacific excluding Japan (APEJ) region is projected to register rampant expansion at the highest<br />
CAGR of 17.3%. By 2026-end, the APEJ <strong>B2B</strong> telecommunication businesses will dominate the global <strong>B2B</strong><br />
telecommunication market with 28.5% global revenue share.<br />
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Comparatively, the <strong>B2B</strong> telecommunication market in Latin America, Eastern Europe and the Middle East &<br />
Africa (MEA) region will incur sluggish expansion over the forecast period. Japan’s contribution to the global<br />
<strong>B2B</strong> telecommunication market value is estimated to be over US$ 15 billion by the end of 2026, which will<br />
be approximately US$ 3 billion higher than the value of Western Europe’s <strong>B2B</strong> telecommunication market.<br />
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