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PRESS RELEASE
Published January 28, 2023
Service differentiation has become essential for network operators to preserve their customer base and market position due to the high level of competition and maturity in the telecom sector. Telecom companies are therefore aggressively investing in updating their current network solutions. The Asia-Pacific, Latin America, and EMEA System Integration in Telecommunication Market will reach around US$ 15,602.3 Million by 2024, rising at a CAGR of 6.6% from 2022 to 2024, predicts Persistence Market Research (PMR), a well-known brand in market research.
This increasing use of the OSS (Operational Support System) and BSS (Business Support System) sub-segments in the Asia Pacific, Latin America & EMEA system integration in the telecommunication market has automatically fueled the market growth. In the near future, 5G technology is projected to drive increasing demand for OSS/BSS systems, which will eventually drive the market growth. The transition to 5G will significantly drive the market growth in the coming years.
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Companies
- Ericsson
- Huawei Technologies Co., Ltd.
- Amdocs Inc.
- Comptel Corporation
- Openet
- Sigma System Canada LP
- NetCracker Technology Corporation
- Oracle Corporation
- Redknee Inc.
Asia-Pacific, Latin America, and EMEA System Integration in Telecommunication Market Categorization
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Asia-Pacific, Latin America, and EMEA System Integration in Telecommunication Market by Solution
- Operational Support System (OSS)
- Business Support System (BSS)
Asia-Pacific, Latin America, and EMEA System Integration in Telecommunication Market by Region
- Latin America
- Europe
- Asia-Pacific
- Middle East & Africa (MEA)
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Asia-Pacific, Latin America, and EMEA System Integration in Telecommunication Market Categorization
Asia-Pacific, Latin America, and EMEA System Integration in Telecommunication Market by Solution
- Operational Support System (OSS)
- Business Support System (BSS)
Asia-Pacific, Latin America, and EMEA System Integration in Telecommunication Market by Region
- Latin America
- Europe
- Asia-Pacific
- Middle East & Africa (MEA)
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
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