System Integration in Telecommunication Market to Reach high by 2024- System Integration in Telecommunication Market

Asia Pacific, Latin America, and EMEA Market Study
on System Integration in Telecommunication
Operational Support System (OSS) Segment Projected
to Register High Y-o-Y Growth Through 2024
Persistence Market Research forecasts revenue from the Operational Support System (OSS) segment
in the Asia Pacific, Latin America, and EMEA system integration in telecommunication market to be
valued at a little more than US$ 16 Bn in 2017 and reach a market value in excess of US$ 20 Bn by
the end of 2024. Revenue from the OSS segment is expected to expand at a CAGR of 6.6% over the
forecast period and the segment is expected to create incremental $ opportunity of a little more than
US$ 10 Bn between 2016 and 2024. The Business Support System (BSS) segment revenue from the
three assessed regions is expected to be valued at more than US$ 7,500 Mn in 2017 and is estimated
to reach a value of a little more than US$ 11 Bn by 2024 end. Revenue from the BSS segment is
expected to expand at a CAGR of 5.7% over the forecast period with an incremental $ opportunity of
more than US$ 4,000 Mn between 2016 and 2024. In terms of value, the OSS segment is projected
to be the most attractive segment in the Asia Pacific, Latin America, and EMEA system integration in
telecommunication market during the forecast period.
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Due to the high level of competition and maturity within the telecommunication industry, differentiation
of services has become essential for network operators globally in order to sustain their consumer
base and market position. Therefore, telecom operators are investing significantly in revamping their
traditional network solutions. Operations and business support systems allow telecom providers to
develop services to cater to the needs of customers, based on their purchasing patterns. OSS/BSS
offers providers a platform to detect their revenue earnings and improve customer experience due to
access to integrated transaction data. This increasing use of both the solutions has automatically
fueled the growth of the OSS and BSS sub-segments in the Asia Pacific, Latin America & EMEA
system integration in telecommunication market. OSS/BSS solutions enable telecommunication
enterprises to reduce customer delivery time, which is among the major factors driving adoption of
OSS/BSS solutions. Solutions such as customer relationship management, billing orders, purchase
orders, and others enable service providers to comply with the dynamic requirements of their clients
and support related functions.
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