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Telecom operations management market forecast to 2022 published by leading research firm

The major factors driving the telecom operations management industry have been analyzed to be increasing operational costs, high operational complexity, and large scale investments in OSS architecture, among others. However, the lack of system integrators is the hindering factor for growth in this market.

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Telecom operations have reached a high level of complexity owing to the ever increasing and fluctuating nature of the telecom business. This has led to the rising of operational costs related to these activities, which in turn reduce profitability.

The telecom operations management market caters to the need for efficient operation management systems in the telecom market. The service and solution providers in this market offer end-to-end solutions and services along with point-to-point specific offerings to manage the operations.

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The global telecom sector has been on a rapid rise since the last few decades. High level of operational complexity in telecom operations management has brought high growth in the market.

The market is surging because of the need for telecom companies to timely and effectively delivers diversified customer demands in highly competitive environment. The market players offer solutions and services which help in the smooth flow of operations with maximized profitability.

The major factors driving the telecom operations management industry have been analyzed to be increasing operational costs, high operational complexity, and large scale investments in OSS architecture, among others. However, the lack of system integrators is the hindering factor for growth in this market.

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High operational costs and complexity of telecom infrastructure has consequently increased the demand for telecom operations management. Scarcity of efficient system integrators is expected to restrain market growth over the forecast period.

Growing need for end-to-end operations management is expected to open up new avenues for market growth.

Development of new technologies such as next generation operations support systems, business support systems, service delivery platforms and over-the-top (OTT) platform is expected to drive the market. Network management, consumer billing management, inventory management online self-service, provisioning & activation, mediation, workforce management and financial assurance are some of the sub-markets of telecom operations management market.

The report, titled Telecom Operations Management market research, provides actionable insights that supplement the growth strategies of market players. This market research report provides growth estimates, forecasts, and an in-depth analysis of all key factors at play in the global Telecom Operations Management market.

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The Global Telecom Operations Management Market is valued at $49.4 billion in 2015 and is expected to grow at a CAGR of 7.9% to reach $83.9 billion by 2022. Rising operational costs, increasing adoption of next-generation telecom technologies, high operational difficulty, and huge investments in OSS architecture are the major factors contributing to the market growth.

Lack of proficient system integrators is expected to hinder the market growth during the forecast period. Increasing need for end-to-end operations management is poised to bring in innovative avenues for market growth.

North America is anticipated to be the largest market for Telecom Operations Management, whereas Asia Pacific and MEA are projected to grow at a faster pace.

Some of the key players in global telecom operations management market are Hewlett-Packard, CISCO, Oracle, Ericsson, SAP AG, NEC, Accenture, Alcatel-Lucent, Huawei, Subex, Avatier, Beta Systems Software, Comverse, Evidian and Amdocs.

Services Covered:

  • Managed services
  • Operations and maintenance

 Table of Content:-         

1 Executive Summary

2 Preface

 2.1 Abstract

 2.2 Stake Holders

 2.3 Research Scope

 2.4 Research Methodology

  2.4.1 Data Mining

  2.4.2 Data Analysis

  2.4.3 Data Validation

  2.4.4 Research Approach

 2.5 Research Sources

  2.5.1 Primary Research Sources

  2.5.2 Secondary Research Sources

  2.5.3 Assumptions

3 Market Trend Analysis

 3.1 Introduction

 3.2 Drivers

 3.3 Restraints

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