The Business Research Company’s report on the Telecom Operations Management Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the telecom operations management market further?
The increasing number of mobile internet users is expected to drive the telecom operations management market forward going forward. Mobile internet refers to the ability to access the internet on a mobile device, such as a smartphone or tablet, using wireless communication technology. Increasing internet users put an excessive burden on telecommunications companies. This operational stress is managed through telecom operations management solutions as these solutions help manage repetitive tasks and complex procedures. For instance, in 2022, according to the International Telecommunication Union, a Switzerland-based specialized agency of the United Nations, 5.3 billion people in the world use the internet, which is about 66% of the world’s population. The growth rate was 6.1% in 2021-2022, up from 5.1% in 2020-2021. As a result, the increasing number of mobile internet users is driving the telecom operations management market.
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What are the key factors influencing the forecasted market size of the telecom operations management industry?
The telecom operations management market size has grown strongly in recent years. It will grow from$72.59 billion in 2024 to $77.65 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to evolution of oss/bss solutions, shift towards digital transformation, improvements in service quality, adoption of cloud-based solutions, focus on cost optimization
The telecom operations management market size is expected to see rapid growth in the next few years. It will grow to “$116.19 billion in 2029 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to rapid expansion of sdn and nfv, focus on energy efficiency, adoption of zero-touch automation, integration of ai-powered analytics, enhanced focus on network virtualization. Major trends in the forecast period include automation and ai integration, shift to cloud-based solutions, focus on network security, implementation of 5g networks, customer experience enhancement.
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Who are the leading competitors in the telecom operations management market?
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
Which emerging trends are set to transform the telecom operations management market landscape?
Product innovations are a key trend gaining popularity in the telecom operations management market. Major companies in the market are introducing innovative solutions to sustain their position in the market. For instance, in November 2022, GoZone Wi-Fi, a US-based Wi-Fi network solution provider launched the first-ever enterprise-grade application suite for Telecom Infra Project (TIP) Open WIFI. The new solution helps network providers and telecom companies to effectively address customer Wi-Fi issues and accelerate innovation in Wi-Fi infrastructure.
How do different geographies compare in terms of market share and growth potential 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.
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Which major segments of the telecom operations management market are experiencing the fastest growth?
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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How is the telecom operations management market defined, and what are its core characteristics?
Telecom operations management refers to the process of managing the day-to-day activities and operations of a telecommunications network or service provider. It is used to ensure that the telecom network and services are operating efficiently and effectively to meet the needs and demands of customers.
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