DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/64g75v/global_telecom) has announced the addition of the "Global Telecom Operation Management System Market 2015-2019" report to their offering.
A telecom operation management system is the integration of several solutions to enhance the efficiency of telecom operators as well as streamline telecom operations and businesses.
One key trend upcoming in this market is the growing automation of network management tools. The introduction of automation capabilities within management tools is witnessed as a progressive change in the telecom industry.
According to the report, the increased adoption of next generation telecom technologies is one major factor driving the market's growth. The shift from old telecom networks to IP-enabled NG telecom networks includes the adoption of advanced telecom operation management solutions and services by telecom operators worldwide.
Further, the report states that one of the main challenges in the market is the declining profit margins of telecom operators and solution providers. Telecom operators across the globe are witnessing a decline in their profit margins and are hence unable to invest in telecom operation management systems.
To calculate the market size, the report considers the revenue generated from the sale of software, applications, services, and equipment in the following sub-markets:
- Consumer Billing Management (Convergent Charging Solutions and Services)
- Network Management
- Provisioning and Activation
- NG SDP
- Inventory Management
- Planning and Engineering
- Online Self-service
- Financial Assurance Management (Revenue Assurance, Fraud Management, Cost Management Solutions, Services, and Equipment)
- Workforce Management Solutions
- CA Technologies
- Cisco Systems
- cVidya Networks
- Huawei Investment and Holding
- NetScout Systems
- Nokia Solutions and Networks (Nokia)
For more information visit http://www.researchandmarkets.com/research/64g75v/global_telecom