Title: Telecom System Integration Market Size & Analysis – Forecasts To 2025
1GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Telecom System
Integration Market Market Insights The demand
for telecom system integration is projected to
grow at a high CAGR over the forecast period. The
requirements of multisystem, complete,
integrated, and secure solutions for telecom
market are expected to foster the demand for
system integration solutions in the telecom
industry. Some of the services offered in this
market include conceptualization, Front End
Engineering Design (FEED), project management,
engineering designing, product procurement, and
assembly. Large investments made in IT
infrastructure development are projected to boost
the demand for system integration solutions
across the world. This process helps integrate
business operational support system
applications to develop efficient technological
solutions. Requirement of technologically savvy
and trained professionals to develop integrated
solutions is expected to restrain market growth
to a certain extent. Also resistance to change of
systems and procedures in an organisation is
expected to lower demand for such solutions.
2GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
Solution Insights The Operational Support
Systems (OSS) segment is projected to grow at the
highest CAGR over the coming years. Telecom
companies have an exceptionally large customer
base and faces extensive competition in the
market. In order to sustain in this highly
competitive market it is essential to engage in
service differentiation. This forces telecom
companies to revamp their traditional systems
into integrated platforms. Integrated platform
enables companies to provide customized solutions
to clients on the basis of their purchasing
patterns. The introduction of LTE, 3G, and 4G
networks has increased the need for integrated
solutions in order to reduce deliver time to
customers while ensuring compatibility with these
advanced networks. Regional Insights The demand
for telecom system integrations in the North
American and Asia Pacific market is projected to
grow at a high CAGR over the forecast period.
Presence of a large number of companies operating
in the telecom industry is expected to boost
demand for integration systems. Globalization
and digitalization in countries such as India,
Malaysia, Indonesia, Japan, and China is
projected to increase investments for
technological developments in the telecom sector.
Large number of entrants is expected in the
Myanmar, Singapore, and Philippines market.
Growing demand for advanced telecom services is
projected to increase demand for system
integrated solutions among telecom
operators. The European and Middle Eastern
market is also projected to witness significant
demand over the coming years. The increasing
adoption of technologically advanced solutions to
sustain in the competitive market is projected
to boost demand for such solutions. End-Use
Landscape The end-use landscape entails a list
of current and prospective consumers prevailing
across the regions. This section provides
company addresses, contact details, products, and
regional presence of companies who are
purchasing or are likely to purchase telecom
system integration solutions over the coming
years. Some leading consumers of cloud system
integration solutions are China Mobile Ltd.,
Verizon Communications Inc., ATT Inc., and
Vodafone Group Plc.
3GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
- Competitive Landscape
- Some of the key companies operating in this
market are Tata Consultancy Services Limited,
Accenture PLC, Computer Sciences Corporation,
Ericsson, Cognizant Technology Solutions
Corporation, CGI Group, Inc., IBM Corporation,
Wipro Limited, Informatica, and Mulesoft, Inc. In
July 2017, Accenture was named a leader by IDC
MarketScape in Worldwide Digital Transformation
Consulting and Systems Integration Services 2017
Vendor Assessment. Companies catering to the
telecom industry engage in new solution
developments, mergers, acquisitions and
expansion strategies to gain a competitive edge
in the market. - The report segments the Telecom System
Integration Market on the basis of By Solution - Business Support Systems
- Operational Support Systems
- By Region
- North America
- Europe
- Asia Pacific
- Central South America
- Middle East Africa
4GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS This article contains text from
the Telecom System Integration Market report
prepared by Global Market Estimates. For more
information or to buy the report, please visit
https//www.globalmarketestimates.com/telecom-syst
em-integration-market/