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Telecom Order Management Market Set to Surge to $6.3 Billion by 2030, With Notable Growth in U.S. and China Markets

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Global Market for Telecom Order Management

Global Market for Telecom Order Management
Global Market for Telecom Order Management

Dublin, March 19, 2024 (GLOBE NEWSWIRE) -- The "Telecom Order Management - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Telecom Order Management Market to Reach $6.3 Billion by 2030

The global market for Telecom Order Management estimated at US$3.1 Billion in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 9.1% over the analysis period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$4.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 12.5% CAGR for the next 8-year period.



The U.S. Market is Estimated at $948.8 Million, While China is Forecast to Grow at 8.5% CAGR

The Telecom Order Management market in the U.S. is estimated at US$948.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 8.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.3% and 7.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.6% CAGR.

Select Competitors

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  • 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 Attributes:

Report Attribute

Details

No. of Pages

229

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$3.1 Billion

Forecasted Market Value (USD) by 2030

$6.3 Billion

Compound Annual Growth Rate

9.3%

Regions Covered

Global


For more information about this report visit https://www.researchandmarkets.com/r/vbw5o1

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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