openPR Logo
Press release

Telecom IT Services Market - Growth, Trends and Forecast 2014 - 2020

10-04-2016 01:06 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Technology R - TMR

The telecom sector is currently witnessing a rapid rise in competition among the telecom operators which in turn is affecting its profitability and growth. Decline in average revenue per unit is also impacting the telecom industry. Telecom operators are under constant pressure to manage their capital expenditures in network deployment to reduce their operating costs. IT service providers help telecom operators achieve these goals. Thus, the market has currently observed telecom operators outsourcing value-added services comprising content services, next generation communication services and commerce services to IT service providers. This helps telecom operators to curb their operating expenses. Outsourcing will facilitate the telecom operators to dedicate more efforts towards revenue generating activities, such as customer acquisition.

Get Sample PDF file of Telecom IT Services Market :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3864

Thus outsourcing is a very crucial development without which the telecom operators would lose revenue in both; marginalization of bearer services (voice and data) and other Value Added Services (VAS). Telecom IT services offered by IT service providers to telecom operators enables the operators to function their business more competently. IT services facilitates telecom operators to deliver the telecom services efficiently and effectively. Moreover, IT services enable operators to understand customer expectations and thus reduce customer churn by enhancing customer service. Increasing need to remain competent and rising financial pressures faced by the telecom operators are the factors driving the telecom IT services market.

Telecom IT services market offers a wide variety of solutions such as customer relationship management, mobile commerce, enterprise mobility, network management, supply chain management, operations support system and business support systems.

Moreover, the operator portfolio is getting complex mainly due to mergers and acquisitions in the industry. For instance, the takeover of Mobilink Telecom by Broadcom and Bellsouth by AT&T Inc. Integration of the new infrastructure with the exiting operating infrastructure is a challenge to the industry. The telecom operators lack the proficiency required to integrate complex operating infrastructure. Thus to reduce this degree of complexity pertaining to issues related with integrating network and services, telecom operators partners with IT service providers. Increasing cost pressure, decreasing profits and extensive competitive rivalry are some of the factors that have compelled telecom operators to reach to the IT service providers to optimize their business processes.

High capital expenditure needed for IT services and constantly changing government regulations are inhibiting the growth of this market. These factors have resulted in a reduced investment in this market and have proved to be a major hindrance affecting its development. Top players such as Huawei Technologies Co. Ltd. and IBM Corporation dominate the global Telecom IT services market. This dominance is threatened by emerging technologies such as Software Defined Networks (SDN) and Network Function Virtualization (NFV). Features such as flexibility, virtualization, network automation and orchestration associated with these technologies are expected to create potential opportunities for the telecom IT services market in near future.

Some of the major players in the telecom IT services market are Accenture Plc., Amdocs Limited, Alcatel-Lucent S.A., Capgemini S.A., Cognizant Technology Solutions, Telefonaktiebolaget L. M. Ericsson, Hewlett-Packard Company, Huawei Technologies Co. Ltd., IBM Corporation and Oracle Corporation.

About Us :

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us :-
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Telecom IT Services Market - Growth, Trends and Forecast 2014 - 2020 here

News-ID: 369134 • Views:

More Releases from Technology R - TMR

Wavelength Division Multiplexer (WDM) Market - Global Industry Analysis, Size, S …
Wavelength division multiplexing (WDM) refers to a technology that multiplexes number of optical carriers on a single optical fiber. This is achieved by using different wavelengths or colors of light (typically laser) used in optical fiber communication. Wavelength division multiplexers allow performing bidirectional communication on a single strand of fiber optics and helps in increasing the overall carrier capacity of the optical fiber. Multiplexing of different signals is accomplished by
Music Publishing Market - Global Industry Analysis, Size, Share
The music publishing industry is currently witnessing a course-altering transformation. With plummeting sales of physical albums, the future lies in the digital space. The report on the music publishing market tracks this evolution of the industry as it enters a new phase of revenue generation. Growth in the music publishing market has been dismal over the past five years, but with the advent of cutting-edge digital technologies and the entry

More Releases for Telecom

Telecom Towers Market Still Has Room to Grow | Emerging Players Maroc Telecom, O …
The latest research publication released with title “Global Telecom Towers Market by Type (, Reliable Grid, Unreliable Grid & Off-Grid), by Application (Mobile data & 4G/5G), by Players (Maroc Telecom, Optimum Telecom Algeria, ATM Mobilis, Médi Télécom (Méditel), Ooredoo Algérie SPA & Inwi) and by Regions and Country Level Break-up: : Segments Trend, Size, % Share, Growth, Estimation, and Forecast, 2019–2025” . According to the report, the overall market have
Internet Protocol Television Market by 2025 | British Telecom, Deutsche Telecom, …
Internet protocol television is considered as an effective technology that offers several television services through a packet-switched network although remaining within a large number of internet protocol suites. With the tremendous rise in the online traffic, the need for internet protocol television is expected to rise substantially, thus encouraging the overall development of the internet protocol television market. Moreover, the growth in the internet video advertising is expected to accelerate
Global Telecom Enterprise Services Market Developments by 2025| WTG Technologies …
ResearchMoz include new market research report "Telecom Enterprise Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its huge collection of research reports. The telecom enterprise services market report provides an analysis of the global telecom enterprise services market for the period 2015 – 2025, wherein 2016 is the base year and 2017 to 2025 is the forecast period. Data for 2015 has been
NLD and ILD Telecom Service Market Growth Opportunity 2018 - 2026: G3 Telecom, I …
The report analyzes and presents an overview on "NLD and ILD Telecom Service Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" worldwide. National Long Distance (NLD) and International Long Distance (ILD) telecom services are provided for calls and text messages across national and international borders. NLD and ILD services are network carriage services which provide national and cross-border connectivity, and services to the network operated
Global Telecom Service Market Analysis 2018-2025 By AT&T, Verizon, China Mobile, …
This report focuses on the global Telecom Service status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Telecom Service development in United States, Europe and China. In telecommunication, a telecommunications service is a service provided by a telecommunications provider, or a specified set of user-information transfer capabilities provided to a group of users by a telecommunications system. The global telecommunication services market is prophesied
Telecom Towers Market Trend to 2022 Profiling Maroc Telecom, Optimum Telecom Alg …
Telecom Towers Global Market Report 2018-2022 Telecommunications tower is the generic description of Radio masts and towers built primarily to hold telecommunications antennas. Rising population, growing demand for high-speed internet services, upsurge in mobile penetration, rising demand for sustainable telecom towers deployment, etc. are expected to drive telecom towers market in both the countries during the forecast period. With the slowdown in world economic growth, the Telecom Towers industry has also suffered a