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Title: Asia Pacific, Latin America and EMEA System Integration in Telecommunication Market Analysis | Coherent Market Insights


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
ASIA PACIFIC, LATIN AMERICA AND EMEA SYSTEM
INTEGRATION IN TELECOMMUNICATION MARKET ANALYSIS
  • Asia Pacific, Latin America and EMEA System
    Integration in Telecommunication Market, By
    Solution (OSS and BSS) and by Region (Asia
    Pacific, EMEA and Latin America) - Size, Share,
    Outlook, and Opportunity Analysis, 2020 2027
  • The global System Integration in
    Telecommunication market was valued at US
    27406.8 Mn in 2019 and is forecast to reach a
    value of US 43580.2 Mn by 2027 at a CAGR of
    6.2 between 2020 and 2027.

3
Market Drivers
  • Increasing need for convergent billing systems is
    expected to drive growth of the Asia Pacific,
    Latin America, and EMEA system integration in
    telecommunication market during the forecast
    period
  • Telecommunication service providers (TSPs) are
    offering various services such as video, data,
    internet, mobile commerce, and multimedia, owing
    to growing advancement in the telecommunications
    industry. Consumers are increasingly demanding a
    cohesive view of all prepaid and postpaid
    services. Convergent billing systems facilitate
    service providers with a flexible rating and
    charge for consumers and offer real-time
    analytics. Moreover, convergent billing provides
    CSPs with several additional benefits, including
    lightweight operations, the ability to integrate
    with legacy systems evading the need for the high
    cost of BSS transformation, agility, and
    potential of discovering new revenue streams.
    Thus, these factors are expected to drive growth
    of the market during the forecast period. For
    instance, in 2014, CSG International leveraged
    its CSG Singleview convergent billing platform in
    a managed services environment to combine
    multiple billing instances onto a single solution
    for Telstra Corporation Ltd.

4
  • Technological advancements in telecommunication
    network standards are expected to propel the Asia
    Pacific, Latin America, and EMEA system
    integration in telecommunication market growth
    over the forecast period
  • The introduction of advanced telecommunication
    technologies such as LTE and 3G networks
    necessitated integration of well-organized OSS.
    This is done to comply with the network's
    operational requirements. Furthermore, TSPs are
    focused on implementing the OSS solution, owing
    to its enhanced capabilities to facilitate
    configuration equipment, topological design, and
    network-synthesis. Thus, these factors are
    expected to boost the market growth over the
    forecast period.

5
Asia Pacific, Latin America and EMEA System
Integration in Telecommunication Market - Impact
of Coronavirus (Covid-19) Pandemic
  • COVID-19 Pandemic have adversely affected the
    economies of various countries around the globe.
    According to the International Monetary fund
    Analysis, the global economy is expected to
    shrink down by 3 percent in the year 2020
    compared to year 2019. Due to the reduction in
    the size of global economy the spending or
    purchasing power of people also decreases. As the
    sales volume of companies are expected to
    decrease, the expenditure of companies on up
    gradation of existing systems is also expected to
    decrease. Now companies are trying to retain its
    market share with the existing systems.

6
  • EMEA held dominant position in the global System
    Integration in Telecommunication market in 2019,
    accounting for 47.1 share in terms of value,
    followed by Asia Pacific and Latin America
    respectively
  • Figure 1 Global System Integration in
    Telecommunication Market Share () in terms of
    Value, By Region, 2019

7
Market Restraint
  • Challenges related to legacy OSS/BSS systems is
    expected to restrain growth of the Asia Pacific,
    Latin America, and EMEA system integration in
    telecommunication market growth over the forecast
    period
  • Emerging technology such as network function
    virtualization, software-defined networks, life
    cycle orchestration, and others as major
    compatibility challenges with legacy OSS and BSS
    systems. Therefore, telecommunication service
    providers need to constantly optimize their
    legacy OSS/BSS systems to comply with the
    functional requirements of these technologies.
    Therefore, these factors are expected to restrain
    growth of the market in the near future.
  • High implementation cost is expected to hinder
    the Asia Pacific, Latin America, and EMEA
    system integration in telecommunication market
    growth over the forecast period
  • OSS and BSS systems are expensive, and this is a
    major factor restraining the rapid adoption of
    these systems by SMEs and new entrants globally.
    These systems also need to be upgraded in
    accordance with currently available technology,
    resulting in additional investments. Furthermore,
    these systems require skilled operators, or even
    a dedicated team to monitor its operation. Thus,
    these factors are expected to hinder the market
    growth in the near future.

8
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9
Market Opportunities
  • Emergence of 5G technology can present lucrative
    growth opportunities 5G technology is expected
    to create significant demand for OSS/BSS
    solutions in the near future. The technology is
    anticipated to encompass ultra-high-speed,
    on-demand data services, and intelligent systems.
    The transition to 5G will require the
    transformation of user interfaces, connectivity,
    infrastructure, and operations. Hence, this is
    expected to create major demand for a
    well-structured OSS/BSS platform with enhanced
    analytics, automation, and orchestration
    capabilities. For instance, SK Telecom Co., Ltd.
    a wireless telecommunications operator based in
    South Korean employs Ericssons Regional Cloud
    Lab and Ericsson HDS 8000 solution for the
    development of 5G core network, which deploys
    network slicing technology.
  • Rising trend of big data and machine-to-machine
    learning can pose major business opportunities
    Demand for network management services is rapidly
    increasing with growing application of big data,
    machine-to-machine (M2M), and virtualization
    technology among others. System integrators
    globally are investing significantly in the
    development of advanced OSS and BSS solutions to
    address the requirement of these technologies.
    Moreover, telecommunication service providers are
    shifting toward the cloud, NFV, and SDN
    technologies in order to easily manage different
    and critical network operations and help
    operators remain competitive.

10
  • Figure 2 Global System Integration in
    Telecommunication Market Value (US Mn), 2017 -
    2027

11
Market Trends
  • Growing adoption of new generation operating
    system (NGOSS) Legacy OSS BSS platforms face
    challenges such as low data accuracy, long
    process cycles, and increasing security issues
    among others. In order to overcome these
    barriers, system integrators globally are
    introducing a new generation operations system
    (NGOSS). Telecommunication service providers are
    adopting next-generation OSS/BSS systems due to
    factors such as emerging applications,
    integration with new IP-based frameworks, and to
    improve upon customer service. Moreover, the need
    to rationalize legacy systems into common support
    frameworks, along with availing differentiating
    services from that of competitors, is further
    encouraging telecommunication service providers
    to adopt new generation operations system.
  • Mergers and acquisitions among market players
    Key companies in the market are focused on
    mergers and acquisitions, in order to gain a
    competitive edge in the market. For instance, in
    March 2016, NetCracker Technology Corporation
    extended its partnership with BT Group Plc a
    telecommunication services provider based in The
    U.K. to offer revenue and billing management
    solutions in order to simplify billing and rating
    business line.

12
Competitive Section
  • Key players operating in the Asia Pacific, Latin
    America, and EMEA system integration in
    telecommunication market are Ericsson, Redknee
    Inc., Huawei Technologies Co., Ltd., NetCracker
    Technology Corporation, Amdocs Inc., Sigma System
    Canada, Comptel Corp., and Openet Telecom.

13
Key Developments
  • Major companies in the market are focused on
    partnerships and collaborations, in order to
    enhance the market presence. For instance, in
    January 2020, Ericsson partnered with Capgemini
    to support communication service providers for
    various enterprises.
  • Major market players are involved in partnerships
    and collaborations, in order to gain a
    competitive edge in the market. For instance, in
    December 2018, Huwaei Technologies partnered with
    TCS, Tech Mahindra, Wipro, and Infosys to boost
    its enterprise presence in India.

14
  • Request Sample Report
  • Request Customization
  • Download PDF Brochure
  • Talk to Analyst
  • Reference https//www.coherentmarketinsights.com/
    market-insight/apac-latin-america-and-emea-system-
    integration-in-telecommunication-market-3932

15
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
  • Business Consulting Services
  • Market Intelligence Services
  • Long term Engagement Model
  • Country Specific Analysis

16
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

17
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