Global Order Management Market In Telecom Sector 2018-2022

The global order management market size in telecom sector will grow by USD 1.19 billion during 2018-2022. This report offers an analysis of the market based on deployment (on-premises and cloud-based), type (software and services) and geography (the Americas, APAC, and EMEA). The order management market research report further analyzes the market’s competitive landscape and offers information on several companies including Cognizant, IBM, Infosys, and Oracle.

Below are some of the key findings from the order management market research report in telecom sector:

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Global order management market overview in telecom sector

The increasing adoption of mobile payment systems is one of the primary factors that will drive the order management market in the telecom sector. Mobile commerce not only simplifies banking, commercial transactions, and bill payments but has emerged as the ideal solution to enable banking services in areas where traditional payment methods are not available.

Mobile commerce payment is also being encouraged by several government agencies seeking to extend services in remote areas. This has positively impacted the order management market in telecom sector. The availability of smartphones coupled with mobile banking features will aid telecom organizations to extend their geographic presence. This will lead to an increase in demand for order management solutions or order tracking systems.

Increasing collaboration to provide mobile payment services is a key trend that is gaining traction in the market. Telecom organizations, payment service providers, and banks are promoting the usage of various collaborative models to provide improved mobile payment solutions. These models further involve the collaboration between telecom companies and other significant stakeholders of the market including banks, payment service providers, and others. Such collaborations will contribute to market growth over the forecast period.

Top order management companies covered in this market research report

The order management market for telecom sector is highly fragmented with companies focusing on increasing collaboration with other market players to offer differentiated services. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this order management market for telecom industry analysis report will help clients assess the market potential and design effective business strategies to strengthen their position in the market.

The report offers a complete analysis of various companies including:

• Cognizant
• IBM
• Infosys
• Oracle

Order management market segmentation in telecom sector on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the Americas will account for the highest market share throughout the forecast period owing to the overall maturity of the telecom sector in this region. The APAC region will witness the highest incremental growth owing to the rising adoption of technology across the telecom sector and the emergence of new telecom companies.

Order management market segmentation in telecom sector based on type

• Software
• Services

The software segment will account for the highest order management market share in telecom sector. Additionally, the report also provides an accurate prediction of the contribution of the various segments to the growth of the order management market size for telecom sector.

Key highlights of the global order management market in telecom sector for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the order management market in telecom sector during the next five years
• Precise estimation of the global order management market size in the telecom sector and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the order management market in telecom industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of order management companies in telecom sector

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