Telecom Operations Management Market Set to Reach $116.19 Billion by 2029 with 11% Yearly Growth

What market dynamics are playing a key role in accelerating the growth of the telecom operations management market?
The telecom operations management market is poised for growth, propelled by the upsurge in mobile internet users. Mobile internet pertains to the capability to access internet services via a portable device, such as a smartphone or tablet, utilizing wireless communication tech. The burgeoning number of internet users exerts immense pressure on telecom firms. This operational strain is effectively managed with the help of telecom operations management solutions, which simplify recurring tasks and intricate procedures. For example, data from the International Telecommunication Union, a UN-based specialist agency in Switzerland, revealed that in 2022, approximately 66% of the global population, or 5.3 billion people, used the internet. There was a growth spike of 6.1% in 2021-2022, a rise from the previous year's 5.1%. Consequently, the growing count of mobile internet users is fueling the expansion of the telecom operations management market.

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How will the growth rate of the telecom operations management market shape industry trends by 2034?
The market size for telecom operations management has been experiencing solid growth in recent times. The market value, which will increase from $72.59 billion in 2024 to $77.65 billion in 2025, reflects a compound annual growth rate (CAGR) of 7.0%. The growth witnessed in the historical period is credited to the development of oss/bss solutions, a shift towards digital transformation, enhancement in the quality of service, the implementation of cloud-based solutions, and a focus on cost optimization.

Expectations are high for the telecom operations management market, with predictions pointing to quick expansion over the upcoming years. The market is projected to reach a value of $116.19 billion by 2029, growing at a compound annual growth rate (CAGR) of 10.6%. This forecasted growth is primarily driven by various factors such as the swift expansion of SDN and NFV, a concentration on increasing energy efficiency, embracing zero-touch automation, incorporating AI-powered analytics, and a heightened focus on network virtualization. Noteworthy trends projected for this period encapsulate automation and AI integration, the transition to cloud-based solutions, an emphasis on network security, the introduction of 5G networks, and strategies to improve the customer experience.

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What trends are poised to drive the future success of the telecom operations management market?
A significant trend emerging in the telecom operations management market is the introduction of innovative products. Major players in the market are focusing on presenting inventive solutions to maintain their market standing. Take GoZone Wi-Fi for instance, a Wi-Fi network solution company based in the US, it launched an unprecedented enterprise-grade application suite for Telecom Infra Project (TIP) Open WIFI in November 2022. This new solution aids network providers and telecom firms in effectively managing customer Wi-Fi issues and fast-tracking innovation in Wi-Fi infrastructure.

Which primary segments of the telecom operations management market are driving growth and industry transformations?
The telecom operations management market covered in this report is segmented -

1) By Service: Planning and Consulting, Operations and Maintenance, System Integration, Managed Services
2) By Software Type: Billing and Revenue Management, Customer and Product Management, Service Fulfillment and Assurance, Resource Inventory Management, Network Management, Service Delivery Platform
3) By Deployment: On-premise, Cloud

Subsegments:
1) By Planning And Consulting: Network Design And Optimization, Technology Assessment, Regulatory Compliance Consulting
2) By Operations And Maintenance: Network Monitoring And Management, Fault Management, Preventive Maintenance
3) By System Integration: Application Integration, Network Integration, Data Integration
4) By Managed Services: Outsourced Network Management, IT Infrastructure Management, Cloud Services Management

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Which geographical regions are pioneering growth in the telecom operations management market?
North America was the largest region in the telecom operations management market in 2024. Europe is expected to be the fastest-growing region in the global telecom operations management market report during the forecast period. The regions covered in the telecom operations management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the telecom operations management market landscape?
Major companies operating in the telecom operations management market include IBM Corporation, Telefonaktiebolaget LM Ericsson, Oracle Corporation, Hewlett Packard Enterprise Development LP, Nokia Corporation, Amdocs Inc., Netcracker Technology Corp., Cisco Systems Inc., accenture* PLC, SAP SE, NEC Corporation, Comarch SA, ZTE Corporation, ServiceNow Inc., Tata Consultancy Services Limited, Subex Limited, Huawei Technologies, Tech Mahindra, Samsung Electronics, Alcatel-Lucent Enterprise, Infosys, Ciena Corporation, Juniper Networks, Anritsu Corporation, NETSCOUT, MYCOM OSI, Ascom, Teoco Corporation, Spirent Communications, Radcom, Astellia, Viavi Solutions, Centina Systems, Parallel Wireless

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What Is Covered In The Telecom Operations Management Global Market Report?

• Market Size Forecast: Examine the telecom operations management market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the telecom operations management market for a structured understanding.
• Key Players Overview: Analyze major players in the telecom operations management market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the telecom operations management market.
• Segment Contributions: Evaluate how different segments drive overall growth in the telecom operations management market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the telecom operations management market.
• Industry Challenges: Identify potential risks and obstacles affecting the telecom operations management market.
• Competitive Landscape: Review strategic developments in the telecom operations management market, including expansions, agreements, and new product launches.

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