The top 10 telecom technologies market is expected to grow at a significant rate during the forecast period 2016–2021. The growth of this market is being propelled by the rapid adoption of smartphones and tablets across the globe.
Northbrook, IL -- (SBWIRE) -- 08/06/2018 -- Increased significance of employee productivity to play a key role in the top 10 telecom technologies market by 2021
The BYOD and enterprise mobility has the largest market share in the telecom technologies market during the forecast period. Its market share is expected to grow as it enables employee mobility leading to higher productivity. It enables the globally dispersed employees to participate and collaborate from anywhere through mobile devices.
Consumerization of IT will drive the top 10 telecom technologies market
The increasing significance of consumerization of IT is driving the telecom technologies market as it indirectly boosts employee productivity within, as well as outside the organization infrastructure. Real-time access to information is critical to run business operations effectively. In the last five years, there has been significant adoption of Bring Your Own Device (BYOD) in organizations, which has not only improved productivity but also increased employee satisfaction. BYOD helps employees to work from remote locations and respond to work requests and queries as they can access the enterprise network on the device. This helps in reducing process times and improving operational efficiency, thus resulting in higher satisfaction levels among employees with flexible work arrangements and the freedom to use the device of their choice.
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The North American region is expected to contribute the largest market share in the top 10 telecom technologies market
North Americais expected to hold the largest market share in the top 10 telecom technologies market during the forecast period. This is because of the high connectivity of handheld devices. The increasing innovative developments and technological advancements are benefiting all the stakeholders present in the telecom technologies market ecosystem in this region.
The major vendors in the telecom and mobility market are AT&T, Inc. (Texas, U.S.), Gemalto N.V. (Amsterdam, the Netherlands), and Cisco Systems Inc. (California, U.S).
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