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Telecom Managed Service Market Outlook from 2024 to 2034

The telecom managed service market size was projected to be US$ 22.9 billion in 2023. By the end of 2024, the industry is likely to reach a valuation of US$ 25.5 billion. During the forecast period, the global market for telecom managed service is expected to garner a 12.90% CAGR and reach a size of US$ 85.5 billion by 2034.

Key industry Trends and Highlights

  • Global demand for connectivity- The market plays a critical role in offering scalable solutions as well as robust communication infrastructure globally, as seen by the growing need for seamless global connection driven by digital transformation, IoT, and remote work.
  • 5G integration- Rapid technology breakthroughs, such as the rollout of 5G, automation, and artificial intelligence, are defining the market and spurring innovation in telecom managed services to keep up with changing industry expectations.
Attributes Details
Estimated Market Value in 2023 US$ 22.9 billion
Expected Market Value in 2024 US$ 25.5 billion
Expected Market Value in 2034 US$ 85.5 billion
Value based CAGR from 2024 to 2034 12.90%

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2019 to 2023 Historical Analysis vs. 2024 to 2034 Industry Forecast Projections

Report Attributes Details
Market value in 2019 US$ 15.3 billion
Market value in 2023 US$ 22.9 billion
CAGR from 2019 to 2023 10.60%

Telecom managed service providers have an opportunity as Internet of Things (IoT) devices become more widely used. To assist the connectivity, administration, and security of the increasing number of IoT devices across several industries, companies may provide specialized services.

Companies can tackle specific difficulties and requirements by customizing managed services for industry verticals like manufacturing, transportation, or healthcare. Customized solutions improve industry-specific knowledge and strengthen value offerings.

Key Drivers of the Global Telecom Managed Service Market

  • Following the pandemic, there has been a global trend towards remote and hybrid work cultures, which has increased the need for reliable and effective communication infrastructure. In order to facilitate distant connectivity, provide collaboration tools, and guarantee network security, telecom managed services become essential.
  • The need for telecom managed services is being driven by an increase in digital transformation initiatives across various sectors. Companies are looking for scalable and flexible communication solutions to go along with their changing digital strategy, which is an important revenue driver.
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Challenges in the Global Telecom Managed Service Market

  • There are difficulties involved in integrating new technologies, including 5G and IoT, into the present telecom infrastructure. It is difficult to oversee the smooth integration of several systems while guaranteeing compatibility and peak performance.
  • Cybersecurity risks are present in telecom networks due to their growing complexity. For telecom managed service providers, safeguarding confidential information and maintaining the integrity of communication channels are constant difficulties.

Comparative View of Adjacent Industries

The table below has compared two other industries, namely the BYOD and enterprise mobility market and micromobility platform market below. This shows how the telecom managed service market will perform in contrast to these two industries.

Telecom Managed Service Market:

CAGR from 2024 to 2034 12.90%
Market Value in 2024 US$ 25.5 billion
Key Trends
  • Artificial Intelligence (AI) as well as machine learning are becoming more widely used in the worldwide telecom managed services market for improved client experiences, predictive maintenance, and network optimization.
Key Opportunities
  • One major factor pushing telecom operators around the globe to engage in managed services is the shift to 5G technology, which will enable them to install, operate, and protect sophisticated 5G networks more effectively.

Managed Network Services Market:

CAGR from 2022 to 2032 7.8%
Key Trends
  • Managed network services are in high demand since they are commonly utilized for connecting networks that are created, run, protected, and managed by a third-party service provider.
Key Opportunities
  • The market share of managed network services is expected to climb as more system integrators, end-user businesses, and prime network providers, typically telecom companies, work together to build up a network, either on-premises or via cloud infrastructure.

Telecom Order Management Market:

CAGR from 2023 to 2033 7.9%
Key Trends
  • AI-driven automation is driving the trend in the telecom order management market toward more operational agility through effective order processing and fulfillment.
Key Opportunities
  • The telecom order management market is driven by the growing need for improved telecom services and the deployment of 5G technology, which calls for reliable systems to provide expedited and simplified order fulfillment procedures.

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Country wise Insights

The table below lists the top five nations expected to forecast prominent growth during the forecast period. Japan and Australia are predicted to have the maximum development among these nations.

Key Market Statistics

  • The United States market for telecom managed service is likely to garner a 10.7% CAGR during the forecast period.
  • The telecom managed service market in Japan is poised to expand at a 12.30% CAGR from 2024 to 2034.
  • The Germany market for telecom managed service is poised to develop at a 14.10% CAGR during the forecast period.
  • The China market for telecom managed service is likely to expand at a 13.40% CAGR from 2024 to 2034.
  • The Australia telecom managed service market is poised to expand at a 16.40% CAGR during the forecast period.

Forecast CAGRs from 2024 to 2034

Countries CAGR from 2024 to 2034
The United States 10.70%
Japan 12.30%
Germany 14.10%
China 13.40%
Australia 16.40 %

Below listed are some of the prominent factors in each of the countries that are boosting the regional growth for the telecom managed service market.

Increased Cybersecurity Concerns to Boost the Growth throughout the United States

The United States telecom managed services market is seeing an increase in cybersecurity risks, which is driving up demand for managed services. Companies are looking for strong managed solutions to improve network security, reduce risks, and guarantee adherence to strict data protection laws, which is indicative of the increased focus on protecting sensitive data in the region.

One major motivator is the continuous rollout of 5G networks, as American telecom companies substantially allocate resources to managed services in order to effectively construct, modernize, and maintain their infrastructure. The complexity and technological nuances involved in the broad adoption of sophisticated 5G technologies have increased demand for telecom managed services.

Focus on Disaster Resilience to Boost Demand in Japan

The emphasis of Japan on disaster resilience has a distinct effect on the regional need for telecom managed services. In order to provide reliable and resilient communication networks that facilitate prompt reaction and recovery in the event of an earthquake, natural catastrophe, or other emergency, telecom providers make use of managed services.

The aging population in Japan is driving the use of managed services to provide innovative medical and smart city solutions. Telecom services are designed to support smart healthcare device connection and help create technologically sophisticated, age-appropriate urban settings.

Industry 4.0 Integration in Germany to Need Increased Use of Telecom Managed Service

Industry 4.0 efforts are driving the usage of telecom managed services in Germany. Leading the way in industrial automation, companies use managed services to improve overall operational efficiency across manufacturing and related industries, maximize connectivity, and ease IoT integration.

The need for telecom managed services is influenced by the regional dedication to renewable energy sources. Telecom operators need scalable and effective solutions to handle complex communication networks in the infrastructure of renewable energy as the nation moves toward greener energy, which is driving the market expansion.

Digital Silk Road Initiative in China to Bolster the Regional Demand

The Digital Silk Road plan in China has an impact on the telecom managed services business in the country. One of the main goals of the Belt and Road Initiative is to promote global digital connectivity.

Telecom managed services are essential to helping Chinese companies expand internationally and improving the connectivity infrastructure of the Digital Silk Road.

Connectivity in Remote Areas in Australia to Propel Demand

Australia has a particular need for telecom managed services to provide uninterrupted connectivity in remote places owing to its large and isolated geographical area.

Telecom operators serve distant communities, mining, and agriculture by using managed services. This is to help them overcome the difficulties of maintaining dependable and effective communication networks in sparsely inhabited areas.

Category wise Insights

Based on deployment, the market has been segmented into on premise and cloud. A significant market share is likely to be generated by the cloud segment in 2024 with an expected 55% share.

Based on enterprise size, the market has been divided into large enterprises and small and medium sized enterprises. In 2024, the large enterprises segment is forecast to acquire a market share of 68%.

Category Market share in 2024
Cloud 55%
Large enterprises 68%

Cloud Deployment Options to Boost the Global Demand for Telecom Managed Services

The cloud segment by deployment type is expected to acquire a market share of 55% in 2024. In the global telecom managed services market, cloud deployment solutions are in high demand owing to their unmatched flexibility, scalability, and affordability. Telecom companies use cloud technologies to optimize operational efficiency by dynamically adjusting resources based on demand.

The cloud makes it possible to integrate new services with upcoming technologies like 5G seamlessly and to deploy them quickly. It minimizes the chance of interruption by ensuring regional redundancy and improving network security through centralized control. The adaptability of the cloud helps telecom carriers remain competitive as the market changes by providing a future-proof infrastructure that satisfies changing industry and end-user demands.

Telecom Managed Services will be high in Demand Mostly in Large Enterprises

Based on the service type, the public transportation segment is anticipated to take up a significant global market share. In 2024, the public transportation segment is likely to acquire a 59% global market share.

The need for telecom managed services is driven by large enterprises that are looking for more efficient ways to communicate. To support their extensive activities, these companies need a communication infrastructure that is both scalable and efficient. With the help of telecom managed services, large enterprises can outsource the difficulties of network maintenance, security, and administration to third-party vendors.

This allows companies to take advantage of the most recent innovations and affordable service models while concentrating on their main business operations. Telecom managed services are essential for large enterprises globally, driven by the need for improved connection, collaboration tools, and the quick uptake of new technologies like IoT and 5G.

Competitive Landscape

Companies are using strategic tactics to increase profitability in the fiercely competitive telecom managed services market. Diversifying service offerings to provide end-to-end solutions, such as maintenance, network design, and security, is a crucial strategy. By offering all-inclusive solutions, companies guarantee enduring alliances with telecom providers.

Adopting cutting-edge technologies like edge computing and 5G enables service providers to take advantage of new trends and adapt to changing client demands. Streamlining processes and increasing efficiency, artificial intelligence and automation play a critical role in cost optimization. In the end, profitable businesses in the telecom managed services sector rely on innovation, diversity, and technology. Some of the prominent developments by the key companies in this domain are-

Company Key Developments
Cisco Systems, Inc.
  • In 2023, Cisco unveiled the General Availability of Cisco Lifecycle Services, which will help businesses, healthcare organizations, and governments reach their goals quicker.
  • With access to Cisco specialists, unique AI/ML-driven insights, and measurement tools for reporting on jointly established Key Performance Indicators (KPIs), Cisco Lifecycle Services assist IT executives in scaling technology initiatives that support business goals throughout their company.
Huawei Technologies Co. Ltd
  • Huawei formally unveiled the Chaspark Technology website in 2022.
  • More than 120,000 verified individuals from a variety of academic subjects have expressed interest in it.
  • Their goal is to transform Chaspark into an exclusive, public forum for scholarly discussions.

Report Scope

Attribute Details
Projected market value in 2024 US$ 25.5 billion
Projected market value in 2034 US$ 85.5 billion
Forecast CAGR from 2024 to 2034 12.90%
Forecast period 2024 to 2034
Historical period 2019 to 2023
Market analysis Value in US$ billion
Key regions covered
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • The Middle East & Africa
Key countries profiled
  • The United States
  • Canada
  • Brazil
  • Mexico
  • Germany
  • The United Kingdom
  • France
  • Spain
  • Italy
  • Russia
  • Poland
  • Czech Republic
  • Romania
  • India
  • Bangladesh
  • Australia
  • New Zealand
  • China
  • Japan
  • South Korea
  • GCC countries
  • South Africa
  • Israel
Key market segments
  • Service Type
  • Deployment
  • Enterprise Size
  • Deployment
  • Region
Key companies profiled
  • Cisco Systems Inc.
  • Huawei Technologies Co. Ltd
  • Telefonaktiebolaget LM Ericsson
  • Acuity Technologies
  • Verizon Communications Inc.
  • AT&T Inc.
  • NTT DATA
  • Comarch SA
  • Nokia
  • Fujitsu Ltd

Segmentation Analysis of the Telecom Managed Service Market

By Service Type:

  • Managed Data Centre Services
  • Managed Security Services
  • Managed Network Services
  • Managed Mobility Services
  • Others

By Deployment:

  • On premise
  • Cloud

By Enterprise Size:

  • Large Enterprises
  • Small & Medium Enterprises

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • The Middle East & Africa

Frequently Asked Questions

What is the anticipated market value of the telecom managed service market outlook in 2024?

The global telecom managed service market is expected to reach US$ 25.5 billion by 2024.

What is the expected CAGR for the telecom managed service market through 2034?

The global telecom managed service market is set to expand at a CAGR of 12.90% by 2034.

What is the anticipated market value of the global market in 2034?

The global telecom managed service market is forecast to reach US$ 85.5 billion by 2034.

Which deployment type is likely to dominate the telecom managed service market?

The cloud segment is projected to gain a 55% share in 2024.

Which is the leading service type in the telecom managed service market?

The public transportation segment is likely to acquire a 59% share in 2024.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

    3.7. Regional Parent Market Outlook

4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034

    4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Service Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Service Type, 2019 to 2023

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Service Type, 2024 to 2034

        5.3.1. Managed Data Centre Service

        5.3.2. Managed Security Service

        5.3.3. Managed Network Service

        5.3.4. Managed Mobility Service

        5.3.5. Others

    5.4. Y-o-Y Growth Trend Analysis By Service Type, 2019 to 2023

    5.5. Absolute $ Opportunity Analysis By Service Type, 2024 to 2034

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Deployment

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) Analysis By Deployment , 2019 to 2023

    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Deployment , 2024 to 2034

        6.3.1. On-premise

        6.3.2. Cloud

    6.4. Y-o-Y Growth Trend Analysis By Deployment , 2019 to 2023

    6.5. Absolute $ Opportunity Analysis By Deployment , 2024 to 2034

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Enterprise Size

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) Analysis By Enterprise Size , 2019 to 2023

    7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Enterprise Size , 2024 to 2034

        7.3.1. Large Enterprises

        7.3.2. Small & Medium Enterprises

    7.4. Y-o-Y Growth Trend Analysis By Enterprise Size , 2019 to 2023

    7.5. Absolute $ Opportunity Analysis By Enterprise Size , 2024 to 2034

8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023

    8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Western Europe

        8.3.4. Eastern Europe

        8.3.5. South Asia and Pacific

        8.3.6. East Asia

        8.3.7. Middle East and Africa

    8.4. Market Attractiveness Analysis By Region

9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        9.2.1. By Country

            9.2.1.1. USA

            9.2.1.2. Canada

        9.2.2. By Service Type

        9.2.3. By Deployment

        9.2.4. By Enterprise Size

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Service Type

        9.3.3. By Deployment

        9.3.4. By Enterprise Size

    9.4. Key Takeaways

10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        10.2.1. By Country

            10.2.1.1. Brazil

            10.2.1.2. Mexico

            10.2.1.3. Rest of Latin America

        10.2.2. By Service Type

        10.2.3. By Deployment

        10.2.4. By Enterprise Size

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Service Type

        10.3.3. By Deployment

        10.3.4. By Enterprise Size

    10.4. Key Takeaways

11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        11.2.1. By Country

            11.2.1.1. Germany

            11.2.1.2. UK

            11.2.1.3. France

            11.2.1.4. Spain

            11.2.1.5. Italy

            11.2.1.6. Rest of Western Europe

        11.2.2. By Service Type

        11.2.3. By Deployment

        11.2.4. By Enterprise Size

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Service Type

        11.3.3. By Deployment

        11.3.4. By Enterprise Size

    11.4. Key Takeaways

12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        12.2.1. By Country

            12.2.1.1. Poland

            12.2.1.2. Russia

            12.2.1.3. Czech Republic

            12.2.1.4. Romania

            12.2.1.5. Rest of Eastern Europe

        12.2.2. By Service Type

        12.2.3. By Deployment

        12.2.4. By Enterprise Size

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Service Type

        12.3.3. By Deployment

        12.3.4. By Enterprise Size

    12.4. Key Takeaways

13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        13.2.1. By Country

            13.2.1.1. India

            13.2.1.2. Bangladesh

            13.2.1.3. Australia

            13.2.1.4. New Zealand

            13.2.1.5. Rest of South Asia and Pacific

        13.2.2. By Service Type

        13.2.3. By Deployment

        13.2.4. By Enterprise Size

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Service Type

        13.3.3. By Deployment

        13.3.4. By Enterprise Size

    13.4. Key Takeaways

14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        14.2.1. By Country

            14.2.1.1. China

            14.2.1.2. Japan

            14.2.1.3. South Korea

        14.2.2. By Service Type

        14.2.3. By Deployment

        14.2.4. By Enterprise Size

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Service Type

        14.3.3. By Deployment

        14.3.4. By Enterprise Size

    14.4. Key Takeaways

15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

    15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

    15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

        15.2.1. By Country

            15.2.1.1. GCC Countries

            15.2.1.2. South Africa

            15.2.1.3. Israel

            15.2.1.4. Rest of MEA

        15.2.2. By Service Type

        15.2.3. By Deployment

        15.2.4. By Enterprise Size

    15.3. Market Attractiveness Analysis

        15.3.1. By Country

        15.3.2. By Service Type

        15.3.3. By Deployment

        15.3.4. By Enterprise Size

    15.4. Key Takeaways

16. Key Countries Market Analysis

    16.1. USA

        16.1.1. Pricing Analysis

        16.1.2. Market Share Analysis, 2023

            16.1.2.1. By Service Type

            16.1.2.2. By Deployment

            16.1.2.3. By Enterprise Size

    16.2. Canada

        16.2.1. Pricing Analysis

        16.2.2. Market Share Analysis, 2023

            16.2.2.1. By Service Type

            16.2.2.2. By Deployment

            16.2.2.3. By Enterprise Size

    16.3. Brazil

        16.3.1. Pricing Analysis

        16.3.2. Market Share Analysis, 2023

            16.3.2.1. By Service Type

            16.3.2.2. By Deployment

            16.3.2.3. By Enterprise Size

    16.4. Mexico

        16.4.1. Pricing Analysis

        16.4.2. Market Share Analysis, 2023

            16.4.2.1. By Service Type

            16.4.2.2. By Deployment

            16.4.2.3. By Enterprise Size

    16.5. Germany

        16.5.1. Pricing Analysis

        16.5.2. Market Share Analysis, 2023

            16.5.2.1. By Service Type

            16.5.2.2. By Deployment

            16.5.2.3. By Enterprise Size

    16.6. UK

        16.6.1. Pricing Analysis

        16.6.2. Market Share Analysis, 2023

            16.6.2.1. By Service Type

            16.6.2.2. By Deployment

            16.6.2.3. By Enterprise Size

    16.7. France

        16.7.1. Pricing Analysis

        16.7.2. Market Share Analysis, 2023

            16.7.2.1. By Service Type

            16.7.2.2. By Deployment

            16.7.2.3. By Enterprise Size

    16.8. Spain

        16.8.1. Pricing Analysis

        16.8.2. Market Share Analysis, 2023

            16.8.2.1. By Service Type

            16.8.2.2. By Deployment

            16.8.2.3. By Enterprise Size

    16.9. Italy

        16.9.1. Pricing Analysis

        16.9.2. Market Share Analysis, 2023

            16.9.2.1. By Service Type

            16.9.2.2. By Deployment

            16.9.2.3. By Enterprise Size

    16.10. Poland

        16.10.1. Pricing Analysis

        16.10.2. Market Share Analysis, 2023

            16.10.2.1. By Service Type

            16.10.2.2. By Deployment

            16.10.2.3. By Enterprise Size

    16.11. Russia

        16.11.1. Pricing Analysis

        16.11.2. Market Share Analysis, 2023

            16.11.2.1. By Service Type

            16.11.2.2. By Deployment

            16.11.2.3. By Enterprise Size

    16.12. Czech Republic

        16.12.1. Pricing Analysis

        16.12.2. Market Share Analysis, 2023

            16.12.2.1. By Service Type

            16.12.2.2. By Deployment

            16.12.2.3. By Enterprise Size

    16.13. Romania

        16.13.1. Pricing Analysis

        16.13.2. Market Share Analysis, 2023

            16.13.2.1. By Service Type

            16.13.2.2. By Deployment

            16.13.2.3. By Enterprise Size

    16.14. India

        16.14.1. Pricing Analysis

        16.14.2. Market Share Analysis, 2023

            16.14.2.1. By Service Type

            16.14.2.2. By Deployment

            16.14.2.3. By Enterprise Size

    16.15. Bangladesh

        16.15.1. Pricing Analysis

        16.15.2. Market Share Analysis, 2023

            16.15.2.1. By Service Type

            16.15.2.2. By Deployment

            16.15.2.3. By Enterprise Size

    16.16. Australia

        16.16.1. Pricing Analysis

        16.16.2. Market Share Analysis, 2023

            16.16.2.1. By Service Type

            16.16.2.2. By Deployment

            16.16.2.3. By Enterprise Size

    16.17. New Zealand

        16.17.1. Pricing Analysis

        16.17.2. Market Share Analysis, 2023

            16.17.2.1. By Service Type

            16.17.2.2. By Deployment

            16.17.2.3. By Enterprise Size

    16.18. China

        16.18.1. Pricing Analysis

        16.18.2. Market Share Analysis, 2023

            16.18.2.1. By Service Type

            16.18.2.2. By Deployment

            16.18.2.3. By Enterprise Size

    16.19. Japan

        16.19.1. Pricing Analysis

        16.19.2. Market Share Analysis, 2023

            16.19.2.1. By Service Type

            16.19.2.2. By Deployment

            16.19.2.3. By Enterprise Size

    16.20. South Korea

        16.20.1. Pricing Analysis

        16.20.2. Market Share Analysis, 2023

            16.20.2.1. By Service Type

            16.20.2.2. By Deployment

            16.20.2.3. By Enterprise Size

    16.21. GCC Countries

        16.21.1. Pricing Analysis

        16.21.2. Market Share Analysis, 2023

            16.21.2.1. By Service Type

            16.21.2.2. By Deployment

            16.21.2.3. By Enterprise Size

    16.22. South Africa

        16.22.1. Pricing Analysis

        16.22.2. Market Share Analysis, 2023

            16.22.2.1. By Service Type

            16.22.2.2. By Deployment

            16.22.2.3. By Enterprise Size

    16.23. Israel

        16.23.1. Pricing Analysis

        16.23.2. Market Share Analysis, 2023

            16.23.2.1. By Service Type

            16.23.2.2. By Deployment

            16.23.2.3. By Enterprise Size

17. Market Structure Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Market Share Analysis of Top Players

        17.3.1. By Regional

        17.3.2. By Service Type

        17.3.3. By Deployment

        17.3.4. By Enterprise Size

18. Competition Analysis

    18.1. Competition Deep Dive

        18.1.1. Cisco Systems, Inc

            18.1.1.1. Overview

            18.1.1.2. Product Portfolio

            18.1.1.3. Profitability by Market Segments

            18.1.1.4. Sales Footprint

            18.1.1.5. Strategy Overview

                18.1.1.5.1. Marketing Strategy

        18.1.2. Huawei Technologies Co., Ltd

            18.1.2.1. Overview

            18.1.2.2. Product Portfolio

            18.1.2.3. Profitability by Market Segments

            18.1.2.4. Sales Footprint

            18.1.2.5. Strategy Overview

                18.1.2.5.1. Marketing Strategy

        18.1.3. Telefonaktiebolaget LM Ericsson

            18.1.3.1. Overview

            18.1.3.2. Product Portfolio

            18.1.3.3. Profitability by Market Segments

            18.1.3.4. Sales Footprint

            18.1.3.5. Strategy Overview

                18.1.3.5.1. Marketing Strategy

        18.1.4. Acuity Technologies

            18.1.4.1. Overview

            18.1.4.2. Product Portfolio

            18.1.4.3. Profitability by Market Segments

            18.1.4.4. Sales Footprint

            18.1.4.5. Strategy Overview

                18.1.4.5.1. Marketing Strategy

        18.1.5. Verizon Communications Inc

            18.1.5.1. Overview

            18.1.5.2. Product Portfolio

            18.1.5.3. Profitability by Market Segments

            18.1.5.4. Sales Footprint

            18.1.5.5. Strategy Overview

                18.1.5.5.1. Marketing Strategy

        18.1.6. AT&T Inc

            18.1.6.1. Overview

            18.1.6.2. Product Portfolio

            18.1.6.3. Profitability by Market Segments

            18.1.6.4. Sales Footprint

            18.1.6.5. Strategy Overview

                18.1.6.5.1. Marketing Strategy

        18.1.7. NTT DATA

            18.1.7.1. Overview

            18.1.7.2. Product Portfolio

            18.1.7.3. Profitability by Market Segments

            18.1.7.4. Sales Footprint

            18.1.7.5. Strategy Overview

                18.1.7.5.1. Marketing Strategy

        18.1.8. Comarch SA

            18.1.8.1. Overview

            18.1.8.2. Product Portfolio

            18.1.8.3. Profitability by Market Segments

            18.1.8.4. Sales Footprint

            18.1.8.5. Strategy Overview

                18.1.8.5.1. Marketing Strategy

        18.1.9. Nokia

            18.1.9.1. Overview

            18.1.9.2. Product Portfolio

            18.1.9.3. Profitability by Market Segments

            18.1.9.4. Sales Footprint

            18.1.9.5. Strategy Overview

                18.1.9.5.1. Marketing Strategy

        18.1.10. Fujitsu Ltd

            18.1.10.1. Overview

            18.1.10.2. Product Portfolio

            18.1.10.3. Profitability by Market Segments

            18.1.10.4. Sales Footprint

            18.1.10.5. Strategy Overview

                18.1.10.5.1. Marketing Strategy

19. Assumptions & Acronyms Used

20. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Value (US$ Million) Forecast by Service Type, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Deployment , 2019 to 2034

Table 4: Global Market Value (US$ Million) Forecast by Enterprise Size , 2019 to 2034

Table 5: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 6: North America Market Value (US$ Million) Forecast by Service Type, 2019 to 2034

Table 7: North America Market Value (US$ Million) Forecast by Deployment , 2019 to 2034

Table 8: North America Market Value (US$ Million) Forecast by Enterprise Size , 2019 to 2034

Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 10: Latin America Market Value (US$ Million) Forecast by Service Type, 2019 to 2034

Table 11: Latin America Market Value (US$ Million) Forecast by Deployment , 2019 to 2034

Table 12: Latin America Market Value (US$ Million) Forecast by Enterprise Size , 2019 to 2034

Table 13: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 14: Western Europe Market Value (US$ Million) Forecast by Service Type, 2019 to 2034

Table 15: Western Europe Market Value (US$ Million) Forecast by Deployment , 2019 to 2034

Table 16: Western Europe Market Value (US$ Million) Forecast by Enterprise Size , 2019 to 2034

Table 17: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 18: Eastern Europe Market Value (US$ Million) Forecast by Service Type, 2019 to 2034

Table 19: Eastern Europe Market Value (US$ Million) Forecast by Deployment , 2019 to 2034

Table 20: Eastern Europe Market Value (US$ Million) Forecast by Enterprise Size , 2019 to 2034

Table 21: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 22: South Asia and Pacific Market Value (US$ Million) Forecast by Service Type, 2019 to 2034

Table 23: South Asia and Pacific Market Value (US$ Million) Forecast by Deployment , 2019 to 2034

Table 24: South Asia and Pacific Market Value (US$ Million) Forecast by Enterprise Size , 2019 to 2034

Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 26: East Asia Market Value (US$ Million) Forecast by Service Type, 2019 to 2034

Table 27: East Asia Market Value (US$ Million) Forecast by Deployment , 2019 to 2034

Table 28: East Asia Market Value (US$ Million) Forecast by Enterprise Size , 2019 to 2034

Table 29: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 30: Middle East and Africa Market Value (US$ Million) Forecast by Service Type, 2019 to 2034

Table 31: Middle East and Africa Market Value (US$ Million) Forecast by Deployment , 2019 to 2034

Table 32: Middle East and Africa Market Value (US$ Million) Forecast by Enterprise Size , 2019 to 2034

List of Charts

Figure 1: Global Market Value (US$ Million) by Service Type, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by Deployment, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Enterprise Size , 2024 to 2034

Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 8: Global Market Value (US$ Million) Analysis by Service Type, 2019 to 2034

Figure 9: Global Market Value Share (%) and BPS Analysis by Service Type, 2024 to 2034

Figure 10: Global Market Y-o-Y Growth (%) Projections by Service Type, 2024 to 2034

Figure 11: Global Market Value (US$ Million) Analysis by Deployment, 2019 to 2034

Figure 12: Global Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034

Figure 13: Global Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034

Figure 14: Global Market Value (US$ Million) Analysis by Enterprise Size , 2019 to 2034

Figure 15: Global Market Value Share (%) and BPS Analysis by Enterprise Size , 2024 to 2034

Figure 16: Global Market Y-o-Y Growth (%) Projections by Enterprise Size , 2024 to 2034

Figure 17: Global Market Attractiveness by Service Type, 2024 to 2034

Figure 18: Global Market Attractiveness by Deployment, 2024 to 2034

Figure 19: Global Market Attractiveness by Enterprise Size , 2024 to 2034

Figure 20: Global Market Attractiveness by Region, 2024 to 2034

Figure 21: North America Market Value (US$ Million) by Service Type, 2024 to 2034

Figure 22: North America Market Value (US$ Million) by Deployment, 2024 to 2034

Figure 23: North America Market Value (US$ Million) by Enterprise Size , 2024 to 2034

Figure 24: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 25: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 28: North America Market Value (US$ Million) Analysis by Service Type, 2019 to 2034

Figure 29: North America Market Value Share (%) and BPS Analysis by Service Type, 2024 to 2034

Figure 30: North America Market Y-o-Y Growth (%) Projections by Service Type, 2024 to 2034

Figure 31: North America Market Value (US$ Million) Analysis by Deployment, 2019 to 2034

Figure 32: North America Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034

Figure 33: North America Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034

Figure 34: North America Market Value (US$ Million) Analysis by Enterprise Size , 2019 to 2034

Figure 35: North America Market Value Share (%) and BPS Analysis by Enterprise Size , 2024 to 2034

Figure 36: North America Market Y-o-Y Growth (%) Projections by Enterprise Size , 2024 to 2034

Figure 37: North America Market Attractiveness by Service Type, 2024 to 2034

Figure 38: North America Market Attractiveness by Deployment, 2024 to 2034

Figure 39: North America Market Attractiveness by Enterprise Size , 2024 to 2034

Figure 40: North America Market Attractiveness by Country, 2024 to 2034

Figure 41: Latin America Market Value (US$ Million) by Service Type, 2024 to 2034

Figure 42: Latin America Market Value (US$ Million) by Deployment, 2024 to 2034

Figure 43: Latin America Market Value (US$ Million) by Enterprise Size , 2024 to 2034

Figure 44: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 48: Latin America Market Value (US$ Million) Analysis by Service Type, 2019 to 2034

Figure 49: Latin America Market Value Share (%) and BPS Analysis by Service Type, 2024 to 2034

Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Service Type, 2024 to 2034

Figure 51: Latin America Market Value (US$ Million) Analysis by Deployment, 2019 to 2034

Figure 52: Latin America Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034

Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034

Figure 54: Latin America Market Value (US$ Million) Analysis by Enterprise Size , 2019 to 2034

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Enterprise Size , 2024 to 2034

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Enterprise Size , 2024 to 2034

Figure 57: Latin America Market Attractiveness by Service Type, 2024 to 2034

Figure 58: Latin America Market Attractiveness by Deployment, 2024 to 2034

Figure 59: Latin America Market Attractiveness by Enterprise Size , 2024 to 2034

Figure 60: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 61: Western Europe Market Value (US$ Million) by Service Type, 2024 to 2034

Figure 62: Western Europe Market Value (US$ Million) by Deployment, 2024 to 2034

Figure 63: Western Europe Market Value (US$ Million) by Enterprise Size , 2024 to 2034

Figure 64: Western Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 65: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 66: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 67: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 68: Western Europe Market Value (US$ Million) Analysis by Service Type, 2019 to 2034

Figure 69: Western Europe Market Value Share (%) and BPS Analysis by Service Type, 2024 to 2034

Figure 70: Western Europe Market Y-o-Y Growth (%) Projections by Service Type, 2024 to 2034

Figure 71: Western Europe Market Value (US$ Million) Analysis by Deployment, 2019 to 2034

Figure 72: Western Europe Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034

Figure 73: Western Europe Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034

Figure 74: Western Europe Market Value (US$ Million) Analysis by Enterprise Size , 2019 to 2034

Figure 75: Western Europe Market Value Share (%) and BPS Analysis by Enterprise Size , 2024 to 2034

Figure 76: Western Europe Market Y-o-Y Growth (%) Projections by Enterprise Size , 2024 to 2034

Figure 77: Western Europe Market Attractiveness by Service Type, 2024 to 2034

Figure 78: Western Europe Market Attractiveness by Deployment, 2024 to 2034

Figure 79: Western Europe Market Attractiveness by Enterprise Size , 2024 to 2034

Figure 80: Western Europe Market Attractiveness by Country, 2024 to 2034

Figure 81: Eastern Europe Market Value (US$ Million) by Service Type, 2024 to 2034

Figure 82: Eastern Europe Market Value (US$ Million) by Deployment, 2024 to 2034

Figure 83: Eastern Europe Market Value (US$ Million) by Enterprise Size , 2024 to 2034

Figure 84: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 85: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 88: Eastern Europe Market Value (US$ Million) Analysis by Service Type, 2019 to 2034

Figure 89: Eastern Europe Market Value Share (%) and BPS Analysis by Service Type, 2024 to 2034

Figure 90: Eastern Europe Market Y-o-Y Growth (%) Projections by Service Type, 2024 to 2034

Figure 91: Eastern Europe Market Value (US$ Million) Analysis by Deployment, 2019 to 2034

Figure 92: Eastern Europe Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034

Figure 93: Eastern Europe Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034

Figure 94: Eastern Europe Market Value (US$ Million) Analysis by Enterprise Size , 2019 to 2034

Figure 95: Eastern Europe Market Value Share (%) and BPS Analysis by Enterprise Size , 2024 to 2034

Figure 96: Eastern Europe Market Y-o-Y Growth (%) Projections by Enterprise Size , 2024 to 2034

Figure 97: Eastern Europe Market Attractiveness by Service Type, 2024 to 2034

Figure 98: Eastern Europe Market Attractiveness by Deployment, 2024 to 2034

Figure 99: Eastern Europe Market Attractiveness by Enterprise Size , 2024 to 2034

Figure 100: Eastern Europe Market Attractiveness by Country, 2024 to 2034

Figure 101: South Asia and Pacific Market Value (US$ Million) by Service Type, 2024 to 2034

Figure 102: South Asia and Pacific Market Value (US$ Million) by Deployment, 2024 to 2034

Figure 103: South Asia and Pacific Market Value (US$ Million) by Enterprise Size , 2024 to 2034

Figure 104: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034

Figure 105: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 106: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 107: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 108: South Asia and Pacific Market Value (US$ Million) Analysis by Service Type, 2019 to 2034

Figure 109: South Asia and Pacific Market Value Share (%) and BPS Analysis by Service Type, 2024 to 2034

Figure 110: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Service Type, 2024 to 2034

Figure 111: South Asia and Pacific Market Value (US$ Million) Analysis by Deployment, 2019 to 2034

Figure 112: South Asia and Pacific Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034

Figure 113: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034

Figure 114: South Asia and Pacific Market Value (US$ Million) Analysis by Enterprise Size , 2019 to 2034

Figure 115: South Asia and Pacific Market Value Share (%) and BPS Analysis by Enterprise Size , 2024 to 2034

Figure 116: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Enterprise Size , 2024 to 2034

Figure 117: South Asia and Pacific Market Attractiveness by Service Type, 2024 to 2034

Figure 118: South Asia and Pacific Market Attractiveness by Deployment, 2024 to 2034

Figure 119: South Asia and Pacific Market Attractiveness by Enterprise Size , 2024 to 2034

Figure 120: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034

Figure 121: East Asia Market Value (US$ Million) by Service Type, 2024 to 2034

Figure 122: East Asia Market Value (US$ Million) by Deployment, 2024 to 2034

Figure 123: East Asia Market Value (US$ Million) by Enterprise Size , 2024 to 2034

Figure 124: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 125: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 126: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 127: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 128: East Asia Market Value (US$ Million) Analysis by Service Type, 2019 to 2034

Figure 129: East Asia Market Value Share (%) and BPS Analysis by Service Type, 2024 to 2034

Figure 130: East Asia Market Y-o-Y Growth (%) Projections by Service Type, 2024 to 2034

Figure 131: East Asia Market Value (US$ Million) Analysis by Deployment, 2019 to 2034

Figure 132: East Asia Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034

Figure 133: East Asia Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034

Figure 134: East Asia Market Value (US$ Million) Analysis by Enterprise Size , 2019 to 2034

Figure 135: East Asia Market Value Share (%) and BPS Analysis by Enterprise Size , 2024 to 2034

Figure 136: East Asia Market Y-o-Y Growth (%) Projections by Enterprise Size , 2024 to 2034

Figure 137: East Asia Market Attractiveness by Service Type, 2024 to 2034

Figure 138: East Asia Market Attractiveness by Deployment, 2024 to 2034

Figure 139: East Asia Market Attractiveness by Enterprise Size , 2024 to 2034

Figure 140: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 141: Middle East and Africa Market Value (US$ Million) by Service Type, 2024 to 2034

Figure 142: Middle East and Africa Market Value (US$ Million) by Deployment, 2024 to 2034

Figure 143: Middle East and Africa Market Value (US$ Million) by Enterprise Size , 2024 to 2034

Figure 144: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034

Figure 145: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 146: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 147: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 148: Middle East and Africa Market Value (US$ Million) Analysis by Service Type, 2019 to 2034

Figure 149: Middle East and Africa Market Value Share (%) and BPS Analysis by Service Type, 2024 to 2034

Figure 150: Middle East and Africa Market Y-o-Y Growth (%) Projections by Service Type, 2024 to 2034

Figure 151: Middle East and Africa Market Value (US$ Million) Analysis by Deployment, 2019 to 2034

Figure 152: Middle East and Africa Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034

Figure 153: Middle East and Africa Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034

Figure 154: Middle East and Africa Market Value (US$ Million) Analysis by Enterprise Size , 2019 to 2034

Figure 155: Middle East and Africa Market Value Share (%) and BPS Analysis by Enterprise Size , 2024 to 2034

Figure 156: Middle East and Africa Market Y-o-Y Growth (%) Projections by Enterprise Size , 2024 to 2034

Figure 157: Middle East and Africa Market Attractiveness by Service Type, 2024 to 2034

Figure 158: Middle East and Africa Market Attractiveness by Deployment, 2024 to 2034

Figure 159: Middle East and Africa Market Attractiveness by Enterprise Size , 2024 to 2034

Figure 160: Middle East and Africa Market Attractiveness by Country, 2024 to 2034

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