DUBLIN--(BUSINESS WIRE)--The "Telecom System Integration - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the publisher, the Global Telecom System Integration market is accounted for $17.11 billion in 2017 and is expected to reach $42.7 billion by 2026 growing at a CAGR of 10.7% during the forecast period.
Technological advancements in cloud and network security, growth of IoT in telecom industry and deficiency of in-house expertise, rising preference for OSS/BSS solutions are the factors favoring the market growth during the forecast period. However, high costs and time, increase vulnerability to information hacking and attacks are restraining the market growth.
Telecoms systems integration is the provision of complete, multi-system, integrated, turnkey telecoms and security packages. On the basis of deployment type, on-premises is expected to be the largest market due to the infrastructure and in-house teams deploying advanced solutions. In terms of application, operating system solutions (OSS) has obtained highest market share due to the adapting technologies by telecom and communication service providers to reduce the impact of network issues and deliver high quality service to their customers by detecting and resolving service issues.
By Geography, North America held the largest share on adapting innovative solutions in various industrial sectors. Asia Pacific is expected to grow at the highest CAGR during the forecast period due to opportunities for telecom system integration vendors and communication service providers in the emerging economies in the region.
- Nokia Networks
- Tech Mahindra
- DXC Technology
- Stixis Technologies
- Tata Consultancy Services Ltd
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Telecom System Integration Market, By Deployment Type
6 Global Telecom System Integration Market, By Application
7 Global Telecom System Integration Market, By Geography
8 Key Developments
9 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/l7vhmz/global_telecom?w=4