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Global TIC Market for IT & Telecom Industry

The COVID-19 outbreak has had an unprecedented impact on the IT & Telecom industry which has disrupted the supply chain globally. So, companies need to have business continuity plans to ensure operational efficiencies and take strategic actions resulting in the growth of the TIC market for the IT & Telecom industry. Nevertheless, the TIC market is attributed to growth during the COVID-19 crisis due to innovation in services, for instance, virtual inspections, visual inspection, and remote auditing.

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Global TIC Market for IT & Telecom Industry

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  1. TIC Market for IT & Telecom Industry

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. TIC Market for IT & Telecom Industry The TIC market for the IT & Telecom industry is expected to witness a CAGR of 3.5% during the forecast period. IT & telecommunication industry focus on the importance to protect the networks and communication channels and secures communication over encrypted networks and technology, resulting in the growth of the TIC market for the IT & telecom industry. Moreover, the growing need of enterprises and corporations to provide safe and efficient testing, inspection, and certification practices will propel market growth. Globalization, industrialization, technological development, adoption of cloud-based technology, rising need for certification requirements, adoption of high-speed networks, cybersecurity, and digital devices will fuel the market growth in the TIC market for the IT and Telecom industry.

  4. TIC Market for IT & Telecom Industry The COVID-19 outbreak has had an unprecedented impact on the IT & Telecom industry which has disrupted the supply chain globally. So, companies need to have business continuity plans to ensure operational efficiencies and take strategic actions resulting in the growth of the TIC market for the IT & Telecom industry. Nevertheless, the TIC market is attributed to growth during the COVID-19 crisis due to innovation in services, for instance, virtual inspections, visual inspection, and remote auditing. TÜV Rheinland has signed a contract for cooperation with Ericsson, the leading provider of mobile communications infrastructure to service providers i.e., Ericsson Device Hub (EDH) ecosystem. Ericsson and TÜV Rheinland will offer manufacturers of radio and telecommunications products all services related to global market launch and can reduce the previous complexity of product launch and marketing on the part of product providers.

  5. TIC Market for IT & Telecom Industry Asia-Pacific is anticipated to have a high CAGR during the forecast period owing to the adoption of advanced technology, the presence of major industry players, and initiatives taken by the government on R&D. Also, there is the rising number of TIC start-ups because of the initiatives taken by the government will create opportunities for the TIC market for the IT & Telecom industry. Some of the key players operating in the TIC market in the IT & Telecommunication industry: Intertek Group plc, Bureau Veritas, UL LLC, SGS SA, Eurofins Scientific, TUV Rheinland, TUV SUD, The Lloyd Register Group Limited, Element Materials Technology, and Applus+.

  6. For Sample Report :- https://www.vynzresearch.com/semiconductor-electronics/tic-market-for-it-telecom-industry/request-sample www.vynzresearch.com

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