Global Telecom Operations Management Market
Information Technology

Insights Into The Telecom Operations Management Market’s Growth Potential 2024-2033

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033


Market Growth Overview

  • 2023 Market Size: $68.62 billion
  • 2024 Market Size: $74.28 billion
  • CAGR: 8.2%
  • Growth Drivers:
    • Evolution of OSS/BSS solutions
    • Shift towards digital transformation
    • Improvements in service quality
    • Adoption of cloud-based solutions
    • Focus on cost optimization


Future Market Projections

  • 2028 Market Size: $103.49 billion
  • CAGR: 8.6%
  • Growth Drivers:
    • Rapid expansion of SDN and NFV
    • Focus on energy efficiency
    • Adoption of zero-touch automation
    • Integration of AI-powered analytics
    • Enhanced focus on network virtualization
  • Major Trends:
    • Automation and AI integration
    • Shift to cloud-based solutions
    • Focus on network security
    • Implementation of 5G networks
    • Customer experience enhancement


Read The Full Telecom Operations Management Market Report Here:


Surge in Mobile Internet Users Drives Momentum

  • Mobile Internet Growth:
    • Increasing number of mobile internet users significantly drives the telecom operations management market.
    • Mobile Internet: Accessing the internet on mobile devices using wireless communication technology.
    • 2022 Statistics:
      • 5.3 billion internet users globally (66% of the world’s population).
      • Growth rate of 6.1% (2021-2022), up from 5.1% (2020-2021).
  • Impact:
    • Increased internet usage puts a strain on telecom companies.
    • Telecom operations management solutions help manage repetitive tasks and complex procedures.


Key Companies in the Market

  • Major Players:
    • 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
    • Viavi Solutions
    • Advantech
    • Parallel Wireless


Product Innovations Transforming the Market

  • GoZone Wi-Fi:
    • November 2022: Launched an enterprise-grade application suite for Telecom Infra Project (TIP) Open Wi-Fi.
    • Benefits: Helps network providers address customer Wi-Fi issues and accelerates innovation in Wi-Fi infrastructure.
  • Skyvera’s Acquisition:
    • January 2023: Acquired Sterlite Technologies Limited’s telecom products software business.
    • Impact: Expands Skyvera’s consumer base and market reach in new geographies.


Market Segmentation

  • By Service:
    • Planning and Consulting
    • Operations and Maintenance
    • System Integration
    • Managed Services
  • By Software Type:
    • Billing and Revenue Management
    • Customer and Product Management
    • Service Fulfillment and Assurance
    • Resource Inventory Management
    • Network Management
    • Service Delivery Platform
  • By Deployment:
    • On-premise
    • Cloud


Regional Insights

  • Largest Market: North America (2023)
  • Fastest-Growing Region: Europe (forecast period)

The telecom operations management market is experiencing robust growth, driven by the rapid adoption of digital transformation, cloud-based solutions, and advancements in network technologies. With an increasing number of mobile internet users and ongoing innovations, the market is poised for continued expansion and development.


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The Telecom Operations Management Global Market Report 2024  provides an overview of the telecom operations management market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The telecom operations management market forecast analyzes telecom operations management market size, telecom operations management market share, leading competitor and their market positions.


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