Telecom System integration is a process of designing a complex information system, which plays a significant role in integration of innovative technologies over the existing legacy infrastructure. Telecom System integration involves various processes such as consolidation, specification and optimization of operations and business of telecom operators. This includes innovative designs and building a customized architecture or application, in order to integrate existing software, network and communication systems.
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The Global Telecom System Integration market was valued at $19 billion in 2020 which is expected to register $25.2 billion by 2022 and $31.2 billion by 2027. The market is anticipated to raise the global growth of the market with a CAGR of 8.7% during the forecast period 2021-2027. The increasing need to cope with the cloud and migration activities is the foremost factor driving the growth of Telecom System Integration market. The various Telecom vendors are adopting cloud based solutions and migrating their workload to the cloud. as the Cloud based services is growing at a significant rate with rapid advancement in the technology and is projected to reach $13.9B with a CAGR of 8.8% during the forecast period 2021-2027. Hence, this advancement in cloud and adoption of telecom vendors are the driving factors for the market growth globally.
Based on the application segment, the market is dominated by Network Management applications. The rapid development in network technologies influence the communication service providers and telecom vendors to integrate advanced network solutions with their legacy system. The advancement of network infrastructure and technological innovation are expected to propel the growth of the Global Telecom System Integration market. By operation support system (OSS), the segment which anticipates market growth is the service assurance segment. The service assurance solutions proactively detect the network related issues and resolve the issue in minimum time. Hence, these solutions are majorly acquired by telecom companies and communication service providers. Based on the deployment type, the On-premises deployment contributes as the dominant fundamental factor which is expected to account for a profitable share and increase the growth of Telecom System Integration market.
Global Telecom System Integration Market Report Segment
By Type
o Hardware
? Controllers
? Modems and Routers
? Switches
o Device Integration
o Application Integration
o Data Integration
o Infrastructure
By Application
o OSS
? Service assurance
? Resource Inventory Management
? Others
o BSS
? Billing and Revenue Management
? Subscriber data management
? Service fulfillment
o Others
o Network Management
? Network security
? Network monitoring
? Optimization
? Network integration
o By Deployment Type
? Cloud
? On-premises
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Telecom System Integration Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
· Ericsson
· Wipro
· Nokia Networks
· Huawei
· IBM
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