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Key Trends Reshaping the Telecom Operations Management Market: Gozone Wi-Fi Unveils Innovative Enterprise Suite For Telecom Infra Project (TIP) Open WIFI Industry Transformation
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Telecom Operations Management Market Size Growth Forecast: What to Expect by 2025?
The market size for telecom operations management has seen significant expansion in the last few years. Projected progression from $72.59 billion in 2024 to $77.3 billion in 2025 at a compound annual growth rate (CAGR) of 6.5% is expected. This past growth can be credited to the development of OSS/BSS solutions, the move towards digital transformation, enhancements in service quality, the incorporation of cloud-based solutions, and a concentrated effort on cost optimization.
How Will the Telecom Operations Management Market Size Evolve and Grow by 2029?
The market size for telecom operations management is predicted to experience sharp expansion in the coming years, reaching $115.26 billion in 2029, with a compound annual growth rate (CAGR) of 10.5%. Factors such as the swift spread of sdn and nfv, emphasis on energy efficiency, the uptake of zero-touch automation, the incorporation of AI-driven analytics, and heightened attention on network virtualization are driving growth in the forecast period. Automation and AI integration, migration to cloud-based solutions, an emphasis on network security, the implementation of 5g networks, and enhancements in customer experience are observed to be the key trends within this period.
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What Drivers Are Propelling the Growth of Telecom Operations Management Market Forward?
The rise in the number of people using mobile internet is anticipated to stimulate the progress of the telecom operations management market. Mobile internet denotes the capability to utilize the internet on a mobile gadget like a smartphone or tablet via wireless communication technology. The burgeoning internet users exert immense pressure on telecommunication corporations. This operational strain is tackled through telecom operations management solutions as these aid in handling monotonous tasks and intricate procedures. For example, the International Telecommunication Union, a specialized agency of the United Nations based in Switzerland, reported in 2022 that about 66% of the global population, amounting to 5.3 billion individuals, use the internet. The expansion rate rose from 5.1% in 2020-2021 to 6.1% in 2021-2022. Consequently, the escalating number of mobile internet users is fueling the telecom operations management market's growth.
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Which Emerging Trends Are Transforming the Telecom Operations Management Market in 2025?
Innovations in products are becoming an increasingly important trend in the telecom operations management market. Leading market enterprises are deploying creative solutions to consolidate their standing. For illustration, in November 2022, the provider of Wi-Fi network solutions in the US, GoZone Wi-Fi, unveiled the premier enterprise-grade application suite for Telecom Infra Project (TIP) Open WIFI. This novel solution aids network providers and telecom businesses in efficiently tackling customer Wi-Fi problems and speeding up innovation in Wi-Fi infrastructure.
What Are the Key Segments in the Telecom Operations Management Market?
The telecom operations managementmarket covered in this report is segmented -
1) By Service: Planning and Consulting, Operations and Maintenance, System Integration, Managed Services
2) By Software Type: Billing and Revenue Management, Customer and Product Management, Service Fulfillment and Assurance, Resource Inventory Management, Network Management, Service Delivery Platform
3) By Deployment: On-premise, Cloud
Subsegments:
1) By Planning And Consulting: Network Design And Optimization, Technology Assessment, Regulatory Compliance Consulting
2) By Operations And Maintenance: Network Monitoring And Management, Fault Management, Preventive Maintenance
3) By System Integration: Application Integration, Network Integration, Data Integration
4) By Managed Services: Outsourced Network Management, IT Infrastructure Management, Cloud Services Management
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Who Are the Key Players Shaping the Telecom Operations Management Market's Competitive Landscape?
Major companies operating in the telecom operations management market include IBM Corporation, Telefonaktiebolaget LM Ericsson, Oracle Corporation, Hewlett Packard Enterprise Development LP, Nokia Corporation, Amdocs Inc., Netcracker Technology Corp., Cisco Systems Inc., accenture* PLC, SAP SE, NEC Corporation, Comarch SA, ZTE Corporation, ServiceNow Inc., Tata Consultancy Services Limited, Subex Limited, Huawei Technologies, Tech Mahindra, Samsung Electronics, Alcatel-Lucent Enterprise, Infosys, Ciena Corporation, Juniper Networks, Anritsu Corporation, NETSCOUT, MYCOM OSI, Ascom, Teoco Corporation, Spirent Communications, Radcom, Astellia, Viavi Solutions, Centina Systems, Parallel Wireless
What Geographic Markets Are Powering Growth in the Telecom Operations Management Market?
North America was the largest region in the telecom operations management market in 2024. Europe is expected to be the fastest-growing region in the global telecom operations management market report during the forecast period. The regions covered in the telecom operations management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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