PUNE, India, November 16, 2017 —
According to a new market research report “Telecom Order Management Market by Solution (Customer Order Management, Service Order Management, and Service Inventory Management), Service, Network Type (Wireline and Wireless), Deployment Type, and Region – Global Forecast to 2022″, published by MarketsandMarkets™, the market size is expected to grow from USD 1.96 Billion in 2017 to USD 3.22 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 10.4% during the forecast period.
Browse 66 Market Data Tables and 41 Figures spread through 111 Pages and in-depth TOC on “Telecom Order Management Market“
Early buyers will receive 10% customization on this report
The growing adoption of telecom order management is the result of the high demand for automated handling of the ordering process and for features of tracking the entire order life cycle.
Wireline network type is expected to have the larger market size during the forecast period.
The wireline network type is expected to have the larger market size as compared to the wireless network type during the forecast period. Wired networks comprise copper cables, coaxial cables, and sometimes fiber optics to set up the connections. Wireline network is also known as the Ethernet network. These wired network connections are not prone to single point of failure, thus, they offer a much faster speed than dial-up connections.
Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=240314507
Consulting services segment is expected to be the fastest growing segment during the forecast period.
Under services, the consulting services segment is expected to have the highest CAGR during the forecast period. Consulting services prominently help companies identify strategies that analyze, protect, and manage their crucial master content. These services also help organizations seamlessly align their telecom order management solutions that primarily suit their business requirements. Therefore, consulting services offer various advantages, such as assistance in decision-making, improved business processes, simplified management, cost-effective operations, and increased productivity.
North America is expected to have the largest market size in the Telecom Order Management Market during the forecast period.
North America, owing to the presence of a large number of telecom order management vendors, is expected to have the largest market size in the Telecom Order Management Market during the forecast period. Asia Pacific (APAC) is expected to be the fastest growing region. With the evolution of digital transformation in APAC, the need for managed IT services has experienced an increasing demand. Furthermore, the rapid economic growth in the developing APAC countries, along with improving regulatory reforms and economic stability, is driving the growth of the Telecom Order Management Market in this region. The market in developing regions, such as the Middle East and Africa (MEA) and Latin America, is expected to grow, owing to the growth in demography and data connectivity, increase in mobile penetration, and growth in infrastructure and coverage of the telecommunication industry.
Key players in the Telecom Order Management Market include Cerillion (US), Cognizant (US), Ericsson (Sweden), IBM (US), Oracle (UK), ChikPea (US), Comarch (Poland), Fujitsu (Japan), Intellibuzz (India), Mphasis (India), Neustar (US), and Pegasystems (US).
Enquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=240314507
Browse Related Reports
Cloud OSS BSS Market by Type (Solution and Service), Solution (OSS and BSS), Service (Professional and Managed Services), Deployment (Public, Private, and Hybrid), End-User Type (SMES and Large Enterprises), and Region – Global Forecast to 2022
Cloud Billing Market by Type (Subscription Billing, Metered Billing), Providers (CSP, Telecom and Communication Provider, & MSP), Application (Customer, Revenue, & Account Management, Organization Size, Vertical, and Region – Global forecast to 2021
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
Email: [email protected]
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Latest posts by Sarah Thompson (see all)
- Fainsbert Mase Brown & Sussman, LLP Completes Acquisition Closing on 3.1 Million Sq. Ft. IBM Campus in Minnesota - February 24, 2018
- Marketa McGuire Named Bureau of Reclamation's 2018 Engineer of the Year - February 24, 2018
- Oncolytics Biotech(R) Announces Results from Special Meeting of Shareholders - February 23, 2018