Key Market Opportunities

Emergence of 5G technology can present lucrative growth opportunities as it is expected to create significant demand for OSS/BSS solutions in the near future. The technology is anticipated to encompass ultra-high-speed, on-demand data services, and intelligent systems.
For instance, SK Telecom Co., Ltd. – a wireless telecommunications operator based in South Korean – employs Ericsson’s Regional Cloud Lab and Ericsson HDS 8000 solution for the development of 5G core network, which deploys network slicing technology


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Moreover, telecommunication service providers are shifting toward the cloud, NFV, and SDN technologies in order to easily manage different and critical network operations and help operators remain competitive.


Statistics:

In the global System Integration in Telecommunication market in 2019, EMEA held dominant position accounting for 47.1% share in terms of value, followed by Asia Pacific and Latin America respectively


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.


Key Developments

1.Major companies in the market are focused on partnerships and collaborations to enhance the market presence. For instance, in January 2020, Ericsson partnered with Capgemini to support communication service providers for various enterprises.

2.Major market players are involved in partnerships and collaborations to achieve a competitive edge in the market. For instance, in December 2018, Huwaei Technologies partnered with TCS, Tech Mahindra, Wipro, and Infosys to boost its enterprise presence in India.


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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