Telecom Operations Management Market by Deployment and Geography - Forecast and Analysis 2022-2026

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.

What will the Telecom Operations Management Market Size be During the Forecast Period?

Download Report Sample to Unlock the Telecom Operations Management Market Size for the Forecast Period and Other Important Statistics

 

Telecom Operations Management Market: Key Drivers, Trends, and Challenges

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

• The rapid advances in technologies driving demand for scalable telecom management solutions is one of the key drivers fueling the telecom operations management market growth.
• Advanced technologies such as IoT, AI, and 5G deployments require a high capital to set up and manage large-scale deployments. To understand the costs associated with the usage of IoT deployments, enterprises need to identify network communication costs incurred for connecting multiple IoT devices.
• Telecom expense management solutions are expected to reduce billing errors and costs associated with IoT connectivity services. Thus, owing to a rapid increase in technologies and growing customer needs, vendors are expanding their product and service portfolio.
• Advances in network technologies, such as 4G LTE, LTE-advanced, and 5G, are increasing the adoption of unlimited data plans by telecom vendors.
• Higher network usage due to the malfunction of enterprise applications or equipment can result in higher telecom expenses for end-user enterprises, which is driving enterprises to implement optimized solutions, such as telecom expense management, for tracking their wireless and fixed consumption.

Key Telecom Operations Management Market Trend

• The increasing use of enterprise mobile applications is one of the key telecom operations management market trends propelling the market growth.
• Enterprise mobile applications increase efficiency in the workplace and reduce expenditure on company devices. Therefore, the need for telecom expense management solutions is expected to grow due to the rising adoption of mobile devices that access enterprise mobile applications during the forecast period.
• The increasing number of smartphone users has led to the development of mobile applications, which is becoming a priority for enterprises across the world as employees are increasingly accessing corporate information through their mobile devices. 
• Enterprise mobile applications not only increase worker productivity and business processes but also increase throughput and reduce inventory and operational expenses. Hence, the consumption of telecommunication services through multiple mobile devices for personal and professional use increases the need for expense management solutions in enterprises. 

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

• The increasing data security issues is one of the factors impeding the telecom operations management market growth.
• Although cloud services offer numerous benefits, there are severe security concerns associated with the cloud.
• There are many regulations, such as the general data protection regulation (GDPR) in Europe, which impose certain limitations on data storage. However, they have limited security measures that can be accessed by multiple tenants through the internet. 
• Managed services such as telecom expense management raise data security issues for an enterprise. However, for measuring the performance of a company (benchmarking), enterprises, including small- and medium-sized enterprises, are turning to third-party telecom expense management providers. Thus, the increasing adoption of cloud-based services and outsourcing of telecom services to third-party vendors will raise data security issues that may challenge the market growth during the forecast period.

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.

Parent Market Analysis

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.

Who are the Major Telecom Operations Management Market Vendors?

The report analyzes the market’s competitive landscape and 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
• ZTE Corp

 

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.

Product Insights and News

• ibm.com - The software segment offers software platforms and solutions, which enable clients to predict, automate, secure and modernize their solutions, on a secure hybrid cloud. Under this segment, the company operates three business areas, namely Cognitive Applications, Cloud and Data Platforms, and Transaction Processing Platforms.
• ibm.com - The company offers telecom operations management that includes cloud services, networking, security, technology consulting, application services, business resiliency services, and technology support services.

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.

Telecom Operations Management Market Value Chain Analysis

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.

Which are the Key Regions for Telecom Operations Management Market?

For more insights on the market share of various regions Request PDF Sample now!

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. 

What are the Revenue-generating Deployment Segments in the Telecom Operations Management Market?

To gain further insights on the market contribution of various segments Request PDF Sample

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.

Request PDF sample

What are the Key Data Covered in this Telecom Operations Management Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive telecom operations management market growth during the next five years
• Precise estimation of the telecom operations management market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the telecom operations management industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of telecom operations management market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch