Telecom order management Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Telecom Order Management market is accounted for $1.98 billion in 2017 and is expected to reach $5.74 billion by 2026 growing at a CAGR of 12.5% during the forecast period.

Gaithersburg, MD, US - June 14, 2018 /MarketersMedia/ —

Rapid growth in subscribers and connectivity devices and consolidation of services by telecom service suppliers and network operators are some key factors influencing the market growth. However, lack of standardization and compatibility concerns with the existing systems is hampering the growth of the market.

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Telecom Order Management (TOM) solution automates the complete order execution process from installation, negotiation, change management and inventory control. TOM facilitates order to cash processing by eliminating bottlenecks, redundancies and errors. Effective order management plays a significant role in the success of any business however it is mainly important for telecom providers. The major benefit of Telecom Order Management solution is it helps to bring down cost of operation for companies.

Amongst network types, Wireline segment dominate the market during the forecast period due to it contains copper cables, sometimes fiber optics to set up the connections and coaxial cables. These wired network connections are not disposed to single point of failure as a result they offer a much rapid speed than dial up connections. Currently, organizations with sensitive data, use wired networks, as they are consider to be well secure connections.

By geography, North America is anticipated to dominate the global market during the forecast period due to development of long term evolution networks in this region and rising awareness regarding the advantages that telecom order management solutions offer.

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Some of the key players in the global Telecom Order Management market include Comarch SA, Ericsson AB, Neustar Inc., ChikPea Inc., IBM Corp., Pegasystems Inc., Fujitsu Ltd., Mphasis, Cerillion Plc, Oracle Corp, Cognizant, Intellibuzz and Amdocs Corporation.

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Deployment Types Covered:
• Cloud
• On-premises

Network Types covered:
• Wireless
• Wireline

Components covered:
• Services
• Solutions

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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