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The telecom operations management market share is expected to increase by USD 24 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.73%.
This telecom operations management market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers telecom operations management market segmentations by deployment (cloud-based and on-premises) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The telecom operations management market report also offers information on several market vendors, including Accenture Plc, ALE International, Amdocs Ltd., Beta Systems Software AG, Cisco Systems Inc., Comarch SA, Enhanced Telecommunications, Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., International Business Machines Corp., NEC Corp., Nokia Corp., Oman Telecommunications Co, Oracle Corp., SAP SE, ServiceNow Inc., Tata Consultancy Services Ltd., Telefonaktiebolaget LM Ericsson, and ZTE Corp among others.
Download Report Sample to Unlock the Telecom Operations Management Market Size for the Forecast Period and Other Important Statistics
The rapid advances in technologies driving demand for scalable telecom management solutions is notably driving the telecom operations management market growth, although factors such as increasing data security issues may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the telecom operations management industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Telecom Operations Management Market Driver
Key Telecom Operations Management Market Trend
Hence, the need for advanced solutions such as telecom operations management is expected to grow with the increasing number of mobile devices connected to business networks for information access and communication, which will drive the market in focus during the forecast period.
Key Telecom Operations Management Market Challenge
This telecom operations management market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global telecom operations management market as a part of the global application software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the telecom operations management market during the forecast period.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the telecom operations management market encompasses successful business strategies deployed by the key vendors. The telecom operations management market is fragmented and the vendors are deploying growth strategies such as technological innovations, mergers, and partnerships to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The telecom operations management market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the telecom operations management market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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37% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for the telecom operations management market in North America. Market growth in this region will be slower than the growth of the market in other regions.
An increase in the remote working trend will facilitate the telecom operations management market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 slowed down the growth of the market in focus in 2020. However, the regional market in focus is expected to grow owing to the resumption of business activities as well as the reopening of production units and office premises in early 2021.
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The telecom operations management market share growth in the cloud-based segment will be significant during the forecast period. The cloud-based telecom operations management segment accounted for the largest market share of the global telecom operations management market in 2021. Moreover, the increasing digitalization of businesses and the geographical expansion of the IT and retail sectors, as well as other companies, are the major factors driving the demand for cloud-based deployment of telecom operations management.
This report provides an accurate prediction of the contribution of all the segments to the growth of the telecom operations management market size and actionable market insights on the post-COVID-19 impact on each segment.
Telecom Operations Management Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.73% |
Market growth 2022-2026 |
$24 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.51 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 37% |
Key consumer countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Accenture Plc, ALE International, Amdocs Ltd., Beta Systems Software AG, Cisco Systems Inc., Comarch SA, Enhanced Telecommunications, Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., International Business Machines Corp., NEC Corp., Nokia Corp., Oman Telecommunications Co, Oracle Corp., SAP SE, ServiceNow Inc., Tata Consultancy Services Ltd., Telefonaktiebolaget LM Ericsson, and ZTE Corp |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Deployment
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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