System Integration in Telecommunication Market to Reach high by 2024- System Integration in Telecommunication Market | Page 2
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In the recent past, the advent of new telecommunication standards such as LTE and 3G advanced
networks has encouraged the need for integration of well-organized OSS solutions to comply with the
network operational requirements. Telecom service providers are rapidly adopting OSS solutions due
to the inherent capability to facilitate topological design, configuration of equipment, network synthesis,
and network realization, which are the basic requirements of operators and subscribers. All these
factors are creating a positive impact on the overall solution segment in the Asia Pacific, Latin America
& EMEA system integration in telecommunication market.
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In terms of value, the OSS segment is projected to be the most attractive segment in the Latin
America system integration in telecommunication market during the forecast period. OSS
segment is also expected to register high Y-o-Y growth rates throughout the forecast period in
this region. In terms of value, the OSS segment is expected to expand at a CAGR of 4.5% during
the forecast period in Latin America. In 2017, the BSS segment is expected to be valued a little
more than US$ 1,000 Mn in the Latin America system integration in telecommunication market
and is expected to witness steady growth in terms of revenue throughout the forecast period. In
Asia Pacific, the BSS segment is expected to be valued at over US$ 3,000 Mn in 2017, while the
OSS segment is expected to register high Y-o-Y growth rates throughout the forecast period. In
terms of value, the OSS segment is expected to expand at a CAGR of 7.3% during the forecast
period in the Asia Pacific system integration in telecommunication market.
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