DUBLIN, Sept. 26, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Telecom IT Services Market by Solutions, & by Deployment - Global Forecast to 2019" report to their offering.
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Telecom IT services provided by the IT providers to telecom operators enable operators to run their business in a more effective and efficient way.
The telecom has seen a rapid rise in competition which has affected the growth and profitability of this vertical. Decrease in average revenue per user has also affected the market in a negative away where the telecom operators are faced with the challenging task of achieving growth in the Telecom IT services market. IT providers are enabling Telecom operators to effectively manage there IT infrastructure in a better and far more efficient way.
The major factors driving the Telecom IT Services market are financial pressures faced by the Telecom operators and the competence needs. These factors have led to the growth of IT services in telecom sector. The increasing pressure to operate in profit and to grow in the current market is driving the operators to reach to the IT service providers to optimize the business processes.
The last few years have seen the operator portfolio getting complex due to Mergers and acquisitions new service launches which has made the IT requirement in this vertical complex. Telecom do not possess the competency that is required to mange this infrastructure and have moved towards IT providers to manage the IT resources ensuring continuous availability o these resources.
Factors such as high capital expenditure required for IT services and changing government norms are some of the factors that are hindering the growth of this market. These factors have led spending in this market to grow at moderate rate which has proved as one of the major barriers for the growth of market.
It is expected that the total Telecom IT Services market will grow from $67.38 billion in 2014 to $233.05 billion in 2019 at a CAGR of 28.2% during the forecast period.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Telecom IT Services: Market, By Solution
8 Global Market, By Deployment Model
9 Global Market, By End User
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
13 Appendix
Companies Mentioned:
- Accenture
- Alcatel Lucent
- Amdocs
- Capgemini
- Cognizant
- Ericsson
- HP
- Huawei
- IBM
- Oracle
For more information visit http://www.researchandmarkets.com/research/vxc9pv/telecom_it
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
