Telecom Order Management Market Size to Reach US$ 6.6 Billion by 2027 - IMARC Group
IMARC Group has recently released a new research study titled “Telecom Order Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the Telecom Order Management industry?
The global telecom order management market reached a value of US$ 3.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2027, exhibiting a CAGR of 13.6% during 2022-2027.
What is a Telecom Order Management?
Telecom order management refers to technological solutions for managing multiple telecommunication operations and deploying the services to the consumers. It is widely used for monitoring the demands of the customers and handling the steps involved in fulfilling them. The process usually consists of accepting the order and tracking supply chain activities responsible for assembling. As a result, it aids in making the telecommunication services available to the subscribers. Telecom order management is extensively utilized for standardizing and optimizing marketing- and business-related operations across various industries.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What are the major market drivers in the Telecom Order Management Market?
The expanding telecommunication industry across the globe is one of the major factors driving the telecom order management market. Furthermore, the increasing convergence of networks and connected devices, coupled with the rising adoption of advanced order management systems are also propelling the market growth. Besides this, the growing penetration of smart devices and shifting consumer preferences towards online shopping through e-commerce platforms are further augmenting the global market. Numerous technological advancements, including the development of next-generation telecom order management tools, are also escalating the demand for telecom order management. Additionally, various other factors, such as extensive infrastructural development and the introduction of numerous government policies, are anticipated to fuel the telecom order management market in the coming years.
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Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Component:
- Solution
- Customer Order Management
- Service Order Management
- Service Inventory Management
- Service
- Integration and Installation Services
- Consulting Services
- Support Services
Breakup by Deployment Mode:
- On-premises
- Cloud-based
Breakup by Organization Size:
- Large Organization
- Small and Medium Organization
Breakup by Network Type:
- Wireless
- Wired
By Geography:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
List of Major Key Players:
- Cerillion
- Cognizant
- Comarch SA
- Fujitsu Limited (Furukawa Group)
- Infosys Limited
- International Business Machines Corporation
- Oracle Corporation
- Pegasystems Inc.
- Telefonaktiebolaget LM Ericsson
- Wipro Limited.
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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