Last Updated on December 15, 2022 by Hammad Hassan
IMARC Group’s latest research report, titled “Telecom Operations Management Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
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.
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Telecom operations management is the process of managing telecom services to enable telecom service providers to deploy telecom services efficiently without causing any delay. It helps manage various functions, including network inventory, provisioning issues, network availability, and fault management. It also assists in handling renovation projects, tracking and maintaining department budgetary codes, and repairing voice and data communications equipment. Owing to these benefits and rising operational costs, the demand for telecom operations management services is escalating across the globe.
Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by software type, service, deployment mode and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for telecom operations management market
- Strategies of major players and product offerings
The market is primarily driven by the rising need to effectively and timely address customer requirements in a highly competitive environment. In addition, the growing adoption of telecom operations management due to the development of 5G networks represents another major growth-inducing factor. Besides this, with the increasing number of mobile internet users, communication service providers are offering advanced and innovative solutions to expand their consumer base.
This, coupled with various technological advancements, such as the introduction of next-generation operations support systems, business support systems, service delivery platforms, and over-the-top (OTT) platforms, which is creating a favorable market outlook across the globe. Furthermore, the rapid digitization of the telecommunication industry is also anticipated to propel market growth in the coming years.
Key Players Included in Global Research Report:
- Accenture plc
- 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
- Telefonaktiebolaget LM Ericsson.
Do you know more information, Contact to our analyst at– https://www.imarcgroup.com/telecom-operations-management-market
COVID-19 Impact Overview:
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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:
Breakup by Region:
- 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
TOC for the Telecom Operations Management Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Telecom Operations Management Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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