Business-to-business (B2B) telecommunications systems are used to transmit text, sound, voice, and video, allowing direct communications between businesses. B2B telecommunications facilitate 2-way communication between companies, clients or business. B2B telecommunications platform provides a comprehensive view where the data and statistics related to orders, cases, and financial information is made visible to clients.
B2B telecommunications describes any communications between businesses, as opposed to between businesses and clients or clients and clients. These communications can take many forms. B2B telecommunications is characterized by much greater product diversity and complexity. Purchases typically include a larger, more diverse set of value-added services than on the consumer side—for example, a variety of managed services (such as security and VoIP), direct or partnered offerings in the cloud and hosting space, professional services, and support tiers.
According to the new market research report “B2B Telecommunication – Global Market Insights and Sales Trends 2024”, published by QYResearch, the global B2B Telecommunication market size is projected to reach USD 972.28 billion by 2029, at a CAGR of 2.7% during the forecast period.
- Global B2B Telecommunication MarketSize(US$ Million), 2018-2029
Source: QYResearch, “B2B Telecommunication – Global Market Insights and Sales Trends 2024”
- Global B2B Telecommunication Top10Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, “B2B Telecommunication – Global Market Insights and Sales Trends 2024”
The global key manufacturers of B2B Telecommunication include Verizon, Deutsche Telekom AG, AT&T, Vodafone Group, China Mobile, Orange SA, China Telecom, NTT Communications Corporation, China Unicom, Telefonica, etc.
In 2022, the global top five players had a share approximately 13.0% in terms of revenue.
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