$4.7 Billion Worldwide Telecom Order Management Industry to 2027 - Impact of COVID-19 on the Market

DUBLIN, Sept. 15, 2020 /PRNewswire/ -- The "Telecom Order Management - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

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The publisher brings years of research experience to the 9th edition of this report. The 220-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Telecom Order Management Market to Reach US$4.7 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Telecom Order Management estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$4.7 Billion by 2027, growing at a CAGR of 9% over the period 2020-2027.

Solutions, one of the segments analyzed in the report, is projected to grow at a 7.9% CAGR to reach US$3.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 12.4% CAGR for the next 7-year period. This segment currently accounts for a 21.6% share of the global Telecom Order Management market.

The U.S. Accounts for Over 29.6% of Global Market Size in 2020, While China is Forecast to Grow at a 8.5% CAGR for the Period of 2020-2027

The Telecom Order Management market in the U.S. is estimated at US$766.4 Million in the year 2020. The country currently accounts for a 29.6% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$823 Million in the year 2027 trailing a CAGR of 8.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 7.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR while Rest of European market (as defined in the study) will reach US$823 Million by the year 2027.

Competitors identified in this market include, among others:

    --  Cerillion Plc
    --  ChikPea Inc.
    --  Cognizant Technology Solutions Corporation
    --  Comarch SA
    --  Ericsson AB
    --  Fujitsu Ltd.
    --  IBM Corporation
    --  Intellibuzz TEM Pvt. Ltd.
    --  Mphasis Ltd.
    --  Neustar, Inc.
    --  Oracle Corporation
    --  Pegasystems, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

    --  Impact of Covid-19 and a Looming Global Recession
    --  Global Competitor Market Shares
    --  Telecom Order Management Competitor Market Share Scenario Worldwide (in
        %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS


IV. COMPETITION

    --  Total Companies Profiled: 43

For more information about this report visit https://www.researchandmarkets.com/r/xkwy0p

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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SOURCE Research and Markets