Market Trends
1. Growing adoption of new generation operating system (NGOSS) Telecommunication service providers are adopting next-generation OSS/BSS systems due to factors such as emerging applications, integration with new IP-based frameworks, and to improve upon customer service.
2. Mergers and acquisitions among market players. NetCracker Technology Corporation extended its partnership with BT Group Plc – a telecommunication services provider based in The U.K. – to offer revenue and billing management solutions in order to simplify billing and rating business line.
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Market Opportunities
1. The transition to 5G will require the transformation of user interfaces, connectivity, infrastructure, and operations.
2. Demand for network management services is rapidly increasing with growing application of big data, machine-to-machine (M2M), and virtualization technology among others. System integrators globally are investing significantly in the development of advanced OSS and BSS solutions to address the requirement of these technologies.
Market Dynamics:
Consumers are increasingly demanding a cohesive view of all prepaid and postpaid services. Convergent billing systems facilitate service providers with a flexible rating and charge for consumers and offer real-time analytics.
The introduction of advanced telecommunication technologies such as LTE networks necessitated integration of well-organized OSS.
Key players operating in the Asia Pacific, Latin America, and EMEA system integration in telecommunication market are :
Ericsson, Redknee Inc.
Huawei Technologies Co.
Ltd., NetCracker Technology Corporation
Amdocs Inc., Sigma System Canada
Comptel Corp.
Openet Telecom.
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Market Segmentation:
Asia Pacific, Latin America and EMEA System Integration in Telecommunication Market, By Solution:
OSS
BSS
Asia Pacific, Latin America and EMEA System Integration in Telecommunication Market, By Region:
Latin America
EMEA
Asia Pacific