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(Wireless-NewsWire.Com, September 19, 2018 ) The Global Telecom Operations Management Market was valued at USD 52.60 billion in 2016 and is projected to reach USD 109.15 billion by 2025, growing at a CAGR of 8.45% from 2017 to 2025.
The telecom operations management is a valuable sector in the telecom industry. Telecom operations are extremely complex and undergo several fluctuations, therefore having a sector dedicated to the management of these operations is vital to the overall efficiency of the industry. The telecom management involves processes such as consumer billing management, workforce management, financial assurance, inventory management online self-service, activation and provisioning and network management. The operations ensure efficient handling of the services and thereby aids in end-user satisfaction.
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The increasing demand for outsourcing telecom operators and end-to-end operations management drives the market for the global telecom operations management. Factors such as the rising operational costs, complex processes and less efficient system integrators restrain the market size for the telecom operations management.
Competitive Landscape:
The major players in the market are as follows:
Hewlett-Packard
Huawei Technologies
SAP AG
NEC Corporation
Cisco Systems
Alcatel-Lucent
Amdocs
Accenture
Oracle Corporation
Ericsson
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