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Telecom operations is a procedure of managing telecom services to permit maximum accessibility and minimum interruptions in the telecom services. The telecom operations procedure involves managing functions like network inventory management, managing provisioning problems, network accessibility and the management of fault.

Statistics:

The telecom operations management market was valued at US$ 42.36 Bn in 2021 and is forecast to reach a value of US$ 90.97 Bn by 2030 at a CAGR of 9.0% between 2022 and 2030.

Figure 1: Global Telecom Operations Management Market Value (US$ Bn) Analysis and Forecast, 2017 - 2030

Telecom Operations Management  | Coherent Market Insights

North America held a dominant position in the Global telecom operations management Market Share in 2021

Statistics:

North America held dominant position in the Global telecom operations management Market in 2021, accounting for 29% share in terms of volume.

Figure 2: Global Telecom Operations Management Market Share (%), By Region, 2021

Telecom Operations Management  | Coherent Market Insights

Key Developments:

In March 2020, MTS which is one of the Russia’s major communications and interactions of the service providers , has extended its long- standing collaboration with Ericsson to comprise a large scale network modernization of its 2G/3G /4G infrastructure. Ericsson’s solutions will notably rise the performance and the capacity of MTS network, by permitting the services provider to rapidly deploy 5G coverage and the facilities on the current network infrastructure.

In December 2019, Ericsson, Telia and the Norwegian of the Science and the technology collaborated to develop a small linked passenger ferry with Ferry with Ericsson’s 5g Radio and the superior software, which permits the fast upload above 200  Mbps and then download the speeds that is above 1Gbps to assist the large amount of data transfers.

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Telecom Operations Management Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 42.36 Bn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 9.0% 2030 Value Projection: US$ 90.97 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Type: On-Premise, Cloud
  • By Deployment: Software, Services
  • By Software: Network Management, Customer and Product Management, Revenue Management, Inventory Management and Others
  • By Geography: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
Companies covered:

IBM Corporation, Hewlett Packard Enterprise Development LP, Telefonaktiebolaget LM Ericsson, Netcracker Technology Corp, Accenture PLC, Oracle Corporation., TATA Consultancy Services Limited, Amdocs Inc., NEC Corporation, ZTE Corporation, Nokia Corporation, Comarch SA, SAP SE, ServiceNow Inc. and Cisco Systems Inc.

Growth Drivers:
  • Rising operational costs and complexity
  • 5G roll-out necessitates increased network maintenance costs
Restraints & Challenges:
  • Shortage of Efficient System Integrators
  • System integration process is highly costly and time-consuming

Market Drivers:

Driver 1:

Telecom operation guarantees the management and regulation of the telecom services to offer low disruption and the vast accessibility in the telecom services. The telecom operations process comprises of the managing functions such as the managing provisions issues, network inventory management and the accessibility of the network. Such activities and the actions need a lot of operational costs and it comprises a lot of complexity.

Driver 2:

Ever rising and the fluctuating behavior of the telecommunications business have been leading in a rising complexities and complications in the telecom operations which led to a rise in the operational costs that is associated to the activities hence leading to the decreased profitability which is anticipated to drive the growth of the global telecom operations management market.

Market Restraint:

Restraint 1:

Where there are the operational costs and the complexity and complications is anticipated fuel the growth of the market reasons such as the lack of efficient system integrators is projected to hinder the growth of the global telecom operations management market.

Restraint 2:

Telecom market is vastly competitive market mainly because of the initiation of the novel technologies in the ICT arena and the rapid pace of the development and the growth. The telecom service providers are eventually adopting the novel technologies to keep up with the competitive surrounding in the current dynamic trading world.

Market Opportunities:

Opportunity 1:

Thinking in the perspective of the applications, the deployment of the telecom operation solutions and the applications that it provides in the current day could differ vastly regarding the growth of the 5G landscape in the upcoming years. The provisions of the 5G services that can not only quit the literally transform or change the internet broadband services however, it can also let the new usage cases and the services and applications.

Opportunity 2:

One of the main notable developments in the telecommunications and the technology in the past few years has been ensuring the trading customers to contact each other rapidly from various means, when they are on the flow. Communications and the interactions and it over-powering connection to change has been the most notable telecommunication development in the current years permitting people to juggle the daily works and the household life.

Market Key Takeaways/Trends:

Trend 1:

The transformations in the way business handle data and provide solutions and the facilities in the telecommunications space is changing on a quick long term basis with the quick adoption of the cloud, Vodafone ensures the market is rapidly rising from a centralized cloud to a distributed cloud, projecting 75% of the enterprise generated data to be processed and executed outside a centralized data center.

Trend 2:

5G technology is anticipated to reform the huge speed broadband services industry for the consumers and the enterprise by allowing the technology innovation from the means of the ultra-high capacity less latency networks. 5G services are projected to serve the indoor and the business broadband internet services.

Competitive Landscape:

Major key players operating the global telecom operations management market are IBM Corporation, Hewlett Packard Enterprise Development LP, Telefonaktiebolaget LM Ericsson, Netcracker Technology Corp, Accenture PLC, Oracle Corporation., TATA Consultancy Services Limited, Amdocs Inc., NEC Corporation, ZTE Corporation, Nokia Corporation, Comarch SA, SAP SE, ServiceNow Inc. and Cisco Systems Inc.

To get the admission in the telecom management course one needs to get a qualification and fulfil some of the criteria’s that are provided by the college and they are the candidate should have  a bachelor’s degree with a minimum of 50% marks in the specific field from a relevant and the authorized university or the institution.

Market Dynamics:

Experts and the professional in the market state and notify that the 5G roll out requirements have expanded network regarding the cost maintenance prices ate the telecom operators are more possibly to advocate the telecom operators and the rising scrutiny on the transported and packaged tools and devices.

Anyhow, with the legacy system the telecom department integrators are experiencing the challenge with e the making of the ensured data collection, the processing activities are not impacted over the procedure of the system integration. Absence of the guaranteeing could hinder the back –end process of the telecommunication trade, which exclusively impacts the customer.

The rising expenditure in the digital changes, network and the operation automation and the 5G deployments are anticipated to accurately drive the growth of the global telecom operation management services moving further. The new opportunities to pursue the telecom would require to undertake a transformation journey to make the correct in operating model.

Key features of the study:

  • This report provides in-depth analysis of the global telecom operations management market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global telecom operations management market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Major companies operating in the global warehouse robotics market are IBM Corporation, Hewlett Packard Enterprise Development LP, Telefonaktiebolaget LM Ericsson, Netcracker Technology Corp, Accenture PLC, Oracle Corporation., TATA Consultancy Services Limited, Amdocs Inc., NEC Corporation, ZTE Corporation, Nokia Corporation, Comarch SA, SAP SE, ServiceNow Inc. and Cisco Systems Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global telecom operations management market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global telecom operations management robotics market.

Detailed Segmentation:

  • Global Telecom Operations Management Market, By Deployment:
    • On-Premise
    • Cloud
  • Global Telecom Operations Management Market, By Type:
    • Software
    • Services
  • Global Telecom Operations Management Market, By Software:
    • Network Management
    • Customer and Product Management
    • Revenue Management
    • Inventory Management and Others
  • Global Telecom Operations Management Market, By Geography:
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East & Africa

 

Frequently Asked Questions

The global telecom operations management market is estimated to be valued at US$ 45.73 Bn in 2022 and is expected to exhibit a CAGR of 9.0% between 2022 and 2030.
Rising operational costs and complexity is anticipated to drive the growth of the market.
Network Management segment is the leading software segment in the market.
System integration process is highly costly and time-consuming which is the key factor hampering the growth of the market
Major key players operating the market are IBM Corporation, Hewlett Packard Enterprise Development LP, Telefonaktiebolaget LM Ericsson, Netcracker Technology Corp, Accenture PLC, Oracle Corporation., TATA Consultancy Services Limited, Amdocs Inc., NEC Corporation, ZTE Corporation, Nokia Corporation, Comarch SA, SAP SE, ServiceNow Inc. and Cisco Systems Inc.

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