Telecom System Integration Market Revenues to Expand at a CAGR of 9.4% by 2024

[137 Pages Report] Telecom service assurance market size, analysis, trends, & forecasts. The global market for telecom service assurance categorized by solution, services, operator type, deployment type and region.

Posted on 2019-12-13 by MarketsandMarkets in Technology // 0 Comments

Northbrook, IL 60062, USA, 2019-Dec-13 —

The report “Telecom System Integration Market by Application (OSS, BSS (Billing & Revenue Management, Subscriber Data Management, Service Fulfilment), Network Management, and Digital Services), Deployment Type, and Region – Global Forecast to 2022″, The telecom system integration market size is expected to grow from USD 16.56 Billion in 2017 to USD 25.16 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period.

Key Market Players in Telecom System Integration Market

The telecom system integration market is categorized on the basis of its application areas that include operations support system (OSS), business support system (BSS), network management, and digital services. Furthermore, the market is segmented depending on the deployment type such as on-premises and the cloud. Major vendors operating in the telecom system integration market include IBM (US), Ericsson (Sweden), Nokia Networks (Finland), Tech Mahindra (India), Huawei (China), Wipro (India), Infosys (India), DXC Technology (US), Cognizant (US), HCL (India), Syntel (US), and Stixis Technologies (US). These players have adopted various strategies, such as partnerships, collaborations, agreements, mergers and acquisitions, and new service launches, to achieve growth in the global telecom system integration market.

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Quality and Service Management segment to record the highest growth rate during the forecast period

Under the products segment, the quality and service management segment is expected to grow at the highest growth rate during the forecast period. Quality and service management solutions aim to transform traditional network-centric telecom monitoring into customer-centric telecom service quality management. It enables the proactive management of digital services in complex ecosystems that can span physical, hybrid, and virtualized networks. The solutions help Communication Service Providers (CSPs) simplify the complexity of services and networks by providing end-to-end visibility across all domains and services, real-time service impact analysis with integrated automation, and root cause analysis.

Mobile operators segment to record the higher CAGR during the forecast period

In the TSA market by operator type, mobile operators are expected to record the higher CAGR during the forecast period. The total number of mobile operators is 750 around the world, as per the report by GSMA. Due to increased competition, the mobile operator focuses on network, service, and end-user related data to deliver optimal service performance and customer experience management. TSA solutions help both the fixed and mobile operators gain full network visibility with a clear and unified view of their customers’ experience, thereby ensuring quality of service and quality of experience for voice, data, Voice over Long-Term Evolution (VoLTE), Short Message Service (SMS), fixed mobile, and broadband services.

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