(MENAFN- America News Hour) In a recently published report, Telecom Order Management Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Telecom Order Management Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Telecom Order Management Market to reach USD 4.3 billion by 2025.Global Telecom Order Management Market valued approximately USD 2 billion in 2017 is anticipated to grow with a healthy growth rate of more than 10.10% over the forecast period 2017-2025.
Increasing trend of digitization, the global market for telecom order management is witnessing a remarkably high growth. The rising number of connected devices across the world, coupled with a surge in order management complexities, is fueling the demand for effective telecom order management solutions, reflecting greatly on the market's growth. However, the hesitation among enterprises in taking up new technologies may limit the demand for these solutions in the years to come.
The regional analysis of Global Telecom Order Management Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World North America is expected to have the largest share in the telecom order management market during the forecast period. Driven by the expansion of Long-Term Evolution (LTE) networks in the region, Communication Service Providers (CSPs) are looking for new innovative solutions to standardize their 4G/LTE business models, provide better customer service, and measure the service quality and performance. These are the factors driving the growth of the North American region. APAC 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.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Network Type:
By Deployment Type:
*Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Cerilion, Cognizant, Ericsson, IBM, Oracle, Chickpea, Comarch, Fujitsu, Neustar, Pegasystems
and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Telecom Order Management Market in Market Study:
*Key Consulting Companies & Advisors
*Large, medium-sized, and small enterprises
*Value-Added Resellers (VARs)
*Third-party knowledge providers
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TABLE OF CONTENTS
Chapter 1. Global Telecom Order Management Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.3. Market Estimation
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global Telecom Order Management Market Dynamics
4.1. Growth Prospects
4.2. Industry Analysis
4.2.1. Porter's 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Telecom Order Management Market, By Component
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Global Telecom Order Management Market, Sub Segment Analysis
126.96.36.199. Market estimates & forecasts, 2015-2025 (USD Billion)
188.8.131.52. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
184.108.40.206. Market estimates & forecasts, 2015-2025 (USD Billion)
220.127.116.11. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 6. Global Telecom Order Management Market, By Network Type
6.1. Market Snapshot
6.2. Market Performance – Potential Model
6.3. Global Telecom Order Management Market, Sub Segment Analysis
18.104.22.168. Market estimates & forecasts, 2015-2025 (USD Billion)
22.214.171.124. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
126.96.36.199. Market estimates & forecasts, 2015-2025 (USD Billion)
188.8.131.52. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 7. Global Telecom Order Management Market, By Deployment Type
7.1. Market Snapshot
7.2. Market Performance – Potential Model
7.3. Global Telecom Order Management Market, Sub Segment Analysis
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