B2B Telecommunication Market has resulted into more effective and multidimensional mode of communication between the businesses. The B2B telecommunication industry thus facilitates a healthy interaction between companies which can happen in many forms. B2B telecommunication providers maintain the systems that transmit various types of data, sound, voice and video that enables a direct communication between business/businesses. Such technologies can also boost a company’s visibility within the specified domain and recognize networking opportunities.
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The key driving factors responsible for the growth of B2B
Telecommunication market :
B2B telecommunication segment
falls into three categories viz, small businesses, medium enterprises and large
corporations. The usage for these differs greatly. Depending upon the scope,
scale and requirement of an organization the uses may differ accordingly. In
the earlier days, businesses were limited to only a simple computer and a
telephone. With modernization and technological developments B2B
telecommunications advanced greatly owing to minimum costs of broadband
internet and data storage facilities. In addition, more and more companies are
using social media platforms to boost their networking techniques and project
themselves as industry leaders.
Along with benefits, B2B
telecommunications have paved a healthy way for business meetings. B2B telecommunication
enables companies to save on time and travel through video calls, and
teleconference without spending much on travel and accommodation. Environmental
impacts are sought too. It helps in lowering the use of paper and other
resources that impact negatively as a waste. The major driving forces for the
growth of B2B telecommunication market include rise in use of IP based services
such as VoIP and growth in demand for unified communications (UC). However,
stringent regulatory issues, data privacy, tax related laws and accounting
rules are some major constraints for the global B2B telecommunication market.
IP based communication allows
exchange of voice and data over IP networks. IP based communication offers
various benefits such as free voice calls to branch offices, and long-distance
voice calls in a nexus network. Unified communications enable real-time and
non-real time communication tools that allow the companies to exchange
information through different forms. UC is a mixture of messaging, video,
conferencing, presence information, call control, email, SMS and FAX.
On the basis of service, the
global B2B telecommunication market is segmented into voice service, data
service and broadband. Voice service can further be segmented into long
distance international as well as domestic calls. On the basis of connectivity
technologies, the global B2B telecommunications market is segmented into
Ethernet, GSM, TD-SCDMA, TD-LTE and WLAN.
On the basis of geographic
segmentation, the global B2B telecommunication market spans North America,
Latin America, Europe, APEJ, Japan, Middle-East and Africa. North America
dominates the global B2B telecommunication market in terms of revenue owing to
penetrating uses of IP based communication services by businesses. In the Asia
Pacific, the IT companies are furnishing integrated solutions based on service
oriented architecture (SOA). The solutions have helped the companies to deliver
& access information from different databases via a single device.
The prominent players in the
global B2B telecommunication market include China telecom corporation, America
Movil, Telefonica SA, Softbank group corporation, Deutsche Telekom AG, the
Nippon telegraph and telephone corporation, AT&T, Vodafone group plc, Verizon
Communications Inc., China Mobile Communications Corporation.
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