Global Telecom Order Management Market is valued USD 2 billion in 2016 is anticipated to grow USD 4.3 billion with the compounded annual growth of 10.10 % over the forecast period 2018-2025.
New York 21 September 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Telecom Order Management Market industry is poised to raise USD 4.3 billion by 2025. The major factors driving the market growth are the rapid growth in the number of connected devices and subscribers, and consolidation of services offered by telecom service providers and network operators. The rapid growth in the number of connected devices and subscribers is benefiting the growth of the telecom order management market. However, resistance to adopt structural changes in systems and new technologies, and the requirement for highly proficient specialists to manage the telecom orders may act as the restraining factors that can hamper business-critical functions in the market.
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The industry is seeming to be fairly competitive. Some of the leading market Cerilion, Cognizant, Ericsson, IBM, Oracle, Chickpea, Comarch, Fujitsu, Neustar, Pegasystems and so on. and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- North America is expected to have the largest share in the telecom order management market during the forecast period.
- Asia Pacific is expected to grow at the highest CAGR during the forecast period, as the region has the presence of creditable organizations that are gradually embracing the adoption of advanced technologies.
.Bizwit Research & Consulting LLP has considered following segments for the study:
By Network Type:
By Deployment Type:
- North America
- Asia Pacific
- Latin America
- Rest of the World