Press release
Telecom Operations Management Market Anticipated To Witness Robust Growth, Surpassing $116.19 Billion By 2029
Telecom Operations Management
What Is the Current Telecom Operations Management Market Size and Its Estimated Growth Rate?
The Telecom Operations Management Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Telecom Operations Management Market Size and Its Estimated Growth Rate?
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How Are Emerging Segments Shaping the Telecom Operations Management Market Landscape?
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 Growth Factors Are Influencing Telecom Operations Management Market Expansion?
The surge in mobile internet users is anticipated to propel the telecom operations management market in the future. Mobile internet denotes the use of wireless communication technology to gain internet access on mobile devices, such as smartphones and tablets. The rise in internet users imposes a substantial strain on telecom companies. Such operational load is mitigated using telecom operations management solutions, as they assist in controlling repetitive tasks and intricate processes. For instance, as per the International Telecommunication Union, a specialized agency of the United Nations based in Switzerland, in 2022, the number of internet users globally is 5.3 billion, implying around 66% of the world's population. There was a growth rate of 6.1% in 2021-2022, a rise from 5.1% in 2020-2021. Consequently, the escalating number of mobile internet users is fuelling the telecom operations management market.
Who Are the Dominant Players Across Different Telecom Operations Management Market Segments?
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
What Are the Latest Developing Trends in the Telecom Operations Management Market?
One model of growth that is becoming prevalent in the telecom operations management market is the expansion of product innovations. Monster players in the market are unveiling cutting-edge solutions to maintain their market foothold. For instance, GoZone Wi-Fi, a pioneer in providing Wi-Fi network solutions from the US, rolled out the first-of-its-kind enterprise-level application suite for Telecom Infra Project (TIP) Open WIFI in November 2022. This fresh solution aids network providers and telecom firms in tackling customer Wi-Fi challenges and spurring innovation in Wi-Fi infrastructure effectively.
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Which Geographic Regions Are Expected to Dominate the Telecom Operations Management Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Telecom Operations Management Market?
2. What is the CAGR expected in the Telecom Operations Management Market?
3. What Are the Key Innovations Transforming the Telecom Operations Management Industry?
4. Which Region Is Leading the Telecom Operations Management Market?
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