Global Telecom System Integration Market 2018-2022 - Proliferation of IoT in the Telecom Industry is One Driver of the Projected $25.16 Billion Market

DUBLIN, April 10, 2018 /PRNewswire/ --

The "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" report has been added to ResearchAndMarkets.com's offering.

The telecom system integration market is expected to grow from USD 16.56 Billion in 2017 to USD 25.16 Billion by 2022, at a CAGR of 8.7% during the forecast period.

This market is majorly driven by an increasing need to cope with the cloud and migration activities undertaken by telecom vendors. The rapid advancements in the cloud have encouraged telecom vendors to embrace cloud-based solutions and migrate their workload to the cloud. This has created a need for telecom system integration expertise to seamlessly integrate their network and IT infrastructure with advanced cloud solutions. However, high implementation and maintenance cost along with excess time consumption may affect the growth of telecom system integration service.

Service assurance solutions facilitate telecom companies and communication service providers to pro-actively detect network-related issues thus reducing the time required to resolve the issues. This solution has been largely adopted by telecom companies and communication service providers to reduce the impact of network issues on customer service. The high adoption of this solution has subsequently led to the high market size of service assurance segment in the OSS application. Service assurance enables telecom companies and communication service providers to deliver high quality service to their customers by detecting and resolving service issues.

The on-premises deployment type is expected to hold a larger market size during the forecast period, as telecom vendors have a ready infrastructure and in-house teams to manage network and IT infrastructure, they prefer deploying advanced solutions on-premises. Due to the preference for on-premises solutions, the on-premises segment is estimated to hold the major share of the market. However, the on-premises segment is expected to grow at a slower rate during the forecast period owing to the increasing demand for coud-based solutions.

Major telecom system integration service providers 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).

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Telecom System Integration Market
4.2 Market By Deployment Type
4.3 Market By Application Area
4.4 Market By Operational Support System and Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Cloud and Network Integration
5.2.1.2 Lack of In-House Expertise
5.2.1.3 Proliferation of IoT in the Telecom Industry
5.2.2 Restraints
5.2.2.1 High Implementation Costs and More Time Consumption
5.2.3 Opportunities
5.2.3.1 Faster Pace of Technological Advancements
5.2.3.2 Fierce Competition in the Telecom Sector
5.2.4 Challenges
5.2.4.1 Integration Affecting Data Timeliness

6 Telecom System Integration Market, By Application Area
6.1 Introduction
6.2 Operations Support Systems
6.2.1 Service Assurance
6.2.2 Resource Inventory Management
6.2.3 Others
6.3 Business Support Systems
6.3.1 Billing and Revenue Management
6.3.2 Subscriber Data Management
6.3.3 Service Fulfillment
6.3.4 Others
6.4 Network Management
6.4.1 Network Security
6.4.2 Network Monitoring and Optimization
6.4.3 Network Integration
6.4.4 Others
6.5 Digital Services

7 Telecom System Integration Market, By Deployment Type
7.2 Introduction
7.3 On-Premises
7.4 Cloud

8 Telecom System Integration Market, By Region
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 Middle East and Africa
8.6 Latin America

9 Competitive Landscape
9.1 Overview
9.2 Competitive Scenario
9.2.1 New Solution/Service Launches
9.2.2 Business Expansions
9.2.3 Mergers and Acquisitions
9.2.4 Partnerships
9.3 Market Ranking

10 Company Profiles
10.1 IBM
10.2 Ericsson
10.3 Nokia Networks
10.4 Huawei
10.5 Wipro
10.6 Tech Mahindra
10.7 Infosys
10.8 DXC Technology
10.9 Cognizant
10.10 HCL
10.11 Syntel
10.12 Key Innovators
10.12.1 Stixis Technologies

For more information about this report visit https://www.researchandmarkets.com/research/664glj/global_telecom?w=5

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