Telecom Operations Management Market, By Type (On-Premise, Cloud), By Deployment (Software, Services), By Software (Network Management, Customer and Product Management, Revenue Management, Inventory Management and Others), By Geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Aug 2022

Code : CMI5151

Pages :173

Formats :

Excel and PDF

Industry : Information and Communication Technology

Telecom Operations Management MarketSize and Trends

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.