Telecom System Integration Market To Reach US$ 25.16 Billion by 2022

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The Telecom System Integration Market size is expected to grow from US$ 16.56 Billion in 2017 to US$ 25.16 Billion by 2022, at a CAGR of 8.7% during the forecast period. This market is majorly driven by an increasing need to cope with the cloud and migration activities undertaken by telecom vendors. The rapid advancements in the cloud have encouraged telecom vendors to embrace cloud-based solutions and migrate their workload to the cloud.

The On-premises deployment type is expected to hold a larger market size during the forecast period, as telecom vendors have a ready infrastructure and in-house teams to manage network and IT infrastructure, they prefer deploying advanced solutions on-premises. Due to the preference for on-premises solutions, the on-premises segment is estimated to hold the major share of the market.

North America is considered as a major market for telecom system integrators, as the region is estimated to hold the largest market share in 2017,while APAC is expected to be the fastest-growing region in terms of CAGR during the forecast period. APAC provides growth opportunities for telecom system integration vendors during the forecast period, considering the increasing commercial investments from telecom companies and communication service providers in the emerging economies in the region.

The Break-up of profiles of primary participants is given below:
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level – 35%, D-level – 25%, and Others – 40%
• By Region: North America – 45%, Europe – 20%, APAC – 30%, and RoW – 5%

Study Objectives:
The Main Objective of this report is to define, describe, and forecast the telecom system integration market by segments – application area, deployment, and vertical. The report provides detailed information regarding the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth. The report forecasts the market size with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America. The report profiles key players and comprehensively analyzes their core competencies.

Top Companies profiled in the Telecom System Integration Market include are IBM (US), Ericsson (Sweden), Nokia Networks (Finland), Tech Mahindra (India), Huawei (China), Wipro (India), Infosys (India), DXC Technology(US), Cognizant (US), HCL (India), Syntel (US), and Stixis Technologies (US).

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Target Audience for Telecom System Integration Market: Telecom vendors and communication service providers, IT solution and service providers, System integrators, Application developers, Hardware vendors, Consulting firms, Research organizations, Resellers and distributors.

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