TELECOM OPERATIONS MANAGEMENT MARKET ANALYSIS
Statistics:
The telecom operations management market was valued at US$ 42.36 Bn in 2021 and is forecast to reach a value of US$ 90.97 Bn by 2030 at a CAGR of 9.0% between 2022 and 2030.
Figure 1: Global Telecom Operations Management Market Value (US$ Bn) Analysis and Forecast, 2017 - 2030
Market Key Takeaways/Trends:
Trend 1:
The increasing digitization of the telecommunication industry with the help of high-performing cloud platforms to engage their customers through data-driven experiences is expected to fuel the growth of the global telecom management market. Further, improved operational efficiencies across core telecom systems is propelling the growth of the market.
Trend 2:
Enhancement in new technologies, such as next-generation operations support systems, business support systems, service delivery platforms, and over-the-top (OTT) platforms, is propelling the growth of the market. Further, the growing need of telecom companies to effectively address customer requirements in a highly competitive environment is expected to boost the growth of global telecom operations management market.
Telecom Operations Management Market Report Snapshots
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