September 27, 2022
telecom operations management market

Market Overview 2022-2027

The latest research study by IMARC Group, finds that the global telecom operations management market reached a value of US$ 61.11 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 91.81 Billion by 2027, exhibiting a CAGR of 6.72% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Industry Definition and Application:

Telecom operations management represents the process of managing telecom services so as to guarantee optimum availability and minimal disruption of telecom services. It relies on several services, such as request fulfillment and event, problem, incident and access management, to efficiently manage telecom operations. Telecom operations management helps sustain various functions, such as network inventory, provisioning issues, network availability, fault management, etc. It also assists in the management of new projects, tracking and maintaining department budgetary codes, repairing voice and data communications equipment, etc.

Global Telecom Operations Management Market Trends and Drivers: 

The escalating operational costs and the inflating complexities of telecom infrastructures across the globe are primarily driving the telecom operations management market. Besides this, the growing need among telecom companies to effectively and quickly address customer requirements is further catalyzing the market growth. Moreover, the development of next-generation operations support systems, service delivery platforms, business support systems, and over-the-top (OTT) platforms is acting as another significant growth-inducing factor. In addition to this, the increasing number of mobile internet users across countries and the elevating demand for low-cost data and voice services are also augmenting the global market. Apart from this, the rising improvements in 5G networks and the emerging trend of integrating high-performing cloud platforms to engage customers through data-driven experiences are anticipated to fuel the telecom operations management market over the forecasted period.

Also Read  A Site To Set Up And Log In To New Extenders Mywifiext Net

Download free sample brochure: https://www.imarcgroup.com/telecom-operations-management-market/requestsample

Telecom Operations Management Market Report Scope
Report CoverageDetails
Market size value in 2021US$ 61.11 Billion
Market forecast in 2027US$ 91.81 Billion
Growth RateCAGR of 6.72% from 2022 to 2027
Base year for estimation2021
Historical data2016-2021
Forecast period2022-2027
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments coveredSoftware Type, Service, Deployment Mode and Region
Regional scopeNorth America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Key companies profiledAccenture plc, Amdocs, Cisco Systems Inc., Comarch SA, Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., International Business Machines Corporation, NEC Corporation (AT&T Inc.), Nokia Corporation, Oracle Corporation, SAP SE, Tata Consultancy Services Limited and Telefonaktiebolaget LM Ericsson.
Market DynamicsParent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization previewIf our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Software Type:

  • Billing and Revenue Management
  • Customer and Product Management
  • Service Fulfillment and Assurance
  • Resource Inventory Management
  • Network Management
  • Service Delivery Platform

Breakup by Service:

  • Planning and Consulting
  • Operations and Maintenance
  • System Integration
  • Managed Services

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based

By Geography:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
Also Read  Why technology transfer is important for developing countries

List of Major Key Players:

The major players in the market are Accenture plc, Amdocs, Cisco Systems Inc., Comarch SA, Hewlett Packard Enterprise Company, Huawei Technologies Co. Ltd., International Business Machines Corporation, NEC Corporation (AT&T Inc.), Nokia Corporation, Oracle Corporation, SAP SE, Tata Consultancy Services Limited and Telefonaktiebolaget LM Ericsson.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Leave a Reply

Your email address will not be published.