System Integration in Telecommunication Market: Asia Pacific, Latin America, and EMEA Industry Analysis and Forecast, 2016-2024

Persistence Market Research forecasts revenue from the Operational Support System (OSS) segment in the Asia Pacific, Latin America, and EMEA system integration in telecommunication market to be valued at a little more than US$ 16 Bn in 2017 and reach a market value in excess of US$ 20 Bn by the end of 2024. Revenue from the OSS segment is expected to expand at a CAGR of 6.6% over the forecast period and the segment is expected to create incremental $ opportunity of a little more than US$ 10 Bn between 2016 and 2024. The Business Support System (BSS) segment revenue from the three assessed regions is expected to be valued at more than US$ 7,500 Mn in 2017 and is estimated to reach a value of a little more than US$ 11 Bn by 2024 end. Revenue from the BSS segment is expected to expand at a CAGR of 5.7% over the forecast period with an incremental $ opportunity of more than US$ 4,000 Mn between 2016 and 2024. In terms of value, the OSS segment is projected to be the most attractive segment in the Asia Pacific, Latin America, and EMEA system integration in telecommunication market during the forecast period.

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Rising preference for OSS/BSS solutions by telecommunication enterprises is likely to drive the growth of the solution segment in the system integration in telecommunication market

Due to the high level of competition and maturity within the telecommunication industry, differentiation of services has become essential for network operators globally in order to sustain their consumer base and market position. Therefore, telecom operators are investing significantly in revamping their traditional network solutions. Operations and business support systems allow telecom providers to develop services to cater to the needs of customers, based on their purchasing patterns. OSS/BSS offers providers a platform to detect their revenue earnings and improve customer experience due to access to integrated transaction data. This increasing use of both the solutions has automatically fueled the growth of the OSS and BSS sub-segments in the Asia Pacific, Latin America & EMEA system integration in telecommunication market. OSS/BSS solutions enable telecommunication enterprises to reduce customer delivery time, which is among the major factors driving adoption of OSS/BSS solutions. Solutions such as customer relationship management, billing orders, purchase orders, and others enable service providers to comply with the dynamic requirements of their clients and support related functions.

In the recent past, the advent of new telecommunication standards such as LTE and 3G advanced networks has encouraged the need for integration of well-organized OSS solutions to comply with the network operational requirements. Telecom service providers are rapidly adopting OSS solutions due to the inherent capability to facilitate topological design, configuration of equipment, network synthesis, and network realization, which are the basic requirements of operators and subscribers. All these factors are creating a positive impact on the overall solution segment in the Asia Pacific, Latin America & EMEA system integration in telecommunication market.

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OSS segment is anticipated to witness significant revenue growth in the system integration in telecommunication market over the forecast period

In terms of value, the OSS segment is projected to be the most attractive segment in the Latin America system integration in telecommunication market during the forecast period. OSS segment is also expected to register high Y-o-Y growth rates throughout the forecast period in this region. In terms of value, the OSS segment is expected to expand at a CAGR of 4.5% during the forecast period in Latin America. In 2017, the BSS segment is expected to be valued a little more than US$ 1,000 Mn in the Latin America system integration in telecommunication market and is expected to witness steady growth in terms of revenue throughout the forecast period. In Asia Pacific, the BSS segment is expected to be valued at over US$ 3,000 Mn in 2017, while the OSS segment is expected to register high Y-o-Y growth rates throughout the forecast period. In terms of value, the OSS segment is expected to expand at a CAGR of 7.3% during the forecast period in the Asia Pacific system integration in telecommunication market.

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