Press release
Telecom Order Management Market Trends, Scope, Demand, Opportunity and Forecast by 2027
According to the latest report by IMARC Group "Telecom Order Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global telecom order management market reached a value of US$ 3.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2027, exhibiting a CAGR of 13.6% during 2022-2027.Telecom order management refers to technological solutions for managing multiple telecommunication operations and deploying the services to the consumers. It is widely used for monitoring the demands of the customers and handling the steps involved in fulfilling them. The process usually consists of accepting the order and tracking supply chain activities responsible for assembling. As a result, it aids in making the telecommunication services available to the subscribers. Telecom order management is extensively utilized for standardizing and optimizing marketing- and business-related operations across various industries.
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Note: 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.
Telecom Order Management Market Trends:
The expanding telecommunication industry across the globe is one of the major factors driving the telecom order management market. Furthermore, the increasing convergence of networks and connected devices, coupled with the rising adoption of advanced order management systems are also propelling the market growth. Besides this, the growing penetration of smart devices and shifting consumer preferences towards online shopping through e-commerce platforms are further augmenting the global market. Numerous technological advancements, including the development of next-generation telecom order management tools, are also escalating the demand for telecom order management. Additionally, various other factors, such as extensive infrastructural development and the introduction of numerous government policies, are anticipated to fuel the telecom order management market in the coming years.
Breakup by Component:
Solution
Customer Order Management
Service Order Management
Service Inventory Management
Service
Integration and Installation Services
Consulting Services
Support Services
Breakup by Deployment Mode:
On-premises
Cloud-based
Breakup by Organization Size:
Large Organization
Small and Medium Organization
Breakup by Network Type:
Wireless
Wired
Market 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
Competitive Landscape with Key Player:
Cerillion
Cognizant
Comarch SA
Fujitsu Limited (Furukawa Group)
Infosys Limited
International Business Machines Corporation
Oracle Corporation
Pegasystems Inc.
Telefonaktiebolaget LM Ericsson
Wipro Limited.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/telecom-order-management-market
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 behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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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.
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