Global Telecom Operation Management Market- Industry Analysis and Forecast (2017-2024)
Added: (Fri Jun 14 2019)
Global Telecom Operation Management Market was valued US$ 50.52 Bn in 2016 and is estimated to reach US$ 92.98 Bn by 2024 at a CAGR of 7.92%.
Global Telecom Operation Management MarketTelecom Operation Management Market is segmented by services, by software’s, by component, by deployment and by geography. In this management market, simplification of the high level of operational complexity is reducing day by day. Service delivery platform and network management market is sub-segment and is expected to gain the largest market share in the forecast period. It is mostly and widely used or adoptable telecom operators having low calling costs. Thus this results in less profit and less Average Revenue Per-User (ARPU) value. Thus, this is the task for the management to maximize profitability by offering proper solutions and services which help in the smooth flow of operations. Thus this growth is attributed to increased efficiency.
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Telecom Operation Management Market is expected to monitor the open system of the communication network. This management is basically used for a proper functioning of interconnected communication. The set of software tools that provide data communications, telecommunication and other network services which increases the efficiency of the market. So the term ‘operation’ support system is applicable.
However increasing the operational costs, high operation complexity and a rise in the demand of outsourcing telecom operation are the major factors for driving the market. And at the same time the lack of Efficient System Integrators restraint the market growth to a certain extent.
The market on the basis of geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin. APAC is going to emerge as one of the higher growth regions in the forecast period followed by North America. Increasing manufacturing and sales of the product in the regions such as the Asia Pacific and MEA will fuel the Telecom Operations Management Marketing.
Key player’s studies, analyzed, profiled and benchmarked in Telecom Operation Management Market are Ericsson, NEC Corporation, Alcatel-Lucent, CISCO System, SAP AG, Accenture, Huawai Technologies, Oracle Corporation, Amdocs, Hewlett-Packard, IBM Corporation, Subex, Avatier, Beta Systems Software, Comverse, and Evidian.
The scope of the Global Telecom Operation Management Market:
Global Telecom Operation Management Market, by Services:
- Managed services
- System integration
- Operations and maintenance
- Planning and consulting
Global Telecom Operation Management Market, by Software:
- Customer and product management
- Service fulfilment and assurance
- Resource inventory management
- Service delivery platform
- Network management
- Billing and revenue management
Global Telecom Operation Management Market, by Component:
- Financial assurance management
- Network management
- Mediation
- Provisioning and activation
- Planning and engineering
- Inventory management
- Online self-service
- Planning and engineering
- Workforce management solutions
- Telecom consumer billing management
Global Telecom Operation Management Market, by Deployment:
- On-premises
- Cloud
Global Telecom Operation Management Market, by Geography:
- North America
- Asia-Pacific
- Europe
- The Middle East and Africa
- Latin America
For more information about Report visit: https://www.maximizemarketresearch.com/market-report/global-telecom-operation-managements-market/7178/
Key Players, Global Telecom Operation Management Market:
- Ericsson
- NEC Corporation
- Alcatel-Lucent
- CISCO System
- SAP AG
- Accenture
- Huawai Technologies
- Oracle Corporation
- Amdocs
- Hewlett-Packard
- IBM Corporation
- Subex
- Avatier
- Beta Systems Software
- Comverse
- Evidian
This Report Is Submitted By This @Maximize Market Research Company
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Submitted by:suraj patil