Global Telecom Order Management Market to Reach USD 11.8 Billion by 2033, Propelled by Significant Growth in Telecommunication Industry

December 27, 2024 | Technology & Media

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According to the latest report by IMARC Group, titled “Telecom Order Management Market Report by Component (Solution, Service), Deployment Mode (On-premises, Cloud-based), Organization Size (Large Organization, Small and Medium Organization), Network Type (Wireless, Wired), and Region 2025-2033," the global telecom order management market size reached USD 4.4 Billion in 2024. Telecom order management is a technological solution that automates and streamlines order processing for communication service providers (CSPs). It includes receiving and processing orders, verifying customers’ eligibility, delivering services, shipping products, managing inventory, and maintaining records. It is widely used to optimize workflow, reduce costs, increase profitability, save time, manage complex operations, and improve communication with customers. Telecom order management is a highly efficient and cost-effective solution that aids in providing high-quality services, reducing errors, minimizing processing time, and enhancing customer satisfaction. It also offers detailed reports and analytics on key metrics, such as order volumes and delivery, which assist in improving services and optimizing the management process.

Global Telecom Order Management Market Trends:

The significant growth in the telecommunication industry across the globe is one of the primary factors driving the market growth. Telecom order management is widely used to simplify the order-to-cash process by streamlining product selection, improving the billing process, facilitating order tracking and modification, and eliminating redundancies, errors, and bottlenecks, which improves sales and operational efficiency, increases customer retention, enhances profitability, and builds trust. In addition to this, emerging trends of digitalization in the telecommunication industry to efficiently manage services, enable quick deployment, and gain a competitive edge are acting as another growth-inducing factor. Furthermore, the implementation of various government initiatives to promote connectivity in rural and remote areas by installing new telecommunication networks and infrastructure is providing an impetus to the market growth. Additionally, the recent development of next-generation telecom order management solutions capable of providing various services associated with fifth-generation (5G) communication technology, such as ultra-reliable low-latency communication (uRLLC), enhanced mobile broadband (eMBB), and massive machine-type communication (mMTC) is positively influencing the market growth. Apart from this, the integration of big data analytics, machine learning (ML), and artificial intelligence (AI) to improve standardization and interoperability, provide self-service capabilities, and offer all-around visibility is creating a positive outlook for the market. Other factors, including rising demand for cloud-based solutions, the rapid proliferation of smartphones, and the increasing internet penetration, are anticipated to drive the market growth. On account of the aforementioned factors, the market value is expected to reach USD 11.8 Billion by 2033, exhibiting a CAGR of 11.4% during 2025-2033.

Market Summary:

On the basis of the component, the market has been divided into solution (customer order, service order, and service inventory management) and service (integration and installation, consulting, and support services).
Based on the deployment mode, the market has been bifurcated into on-premises and cloud-based.
On the basis of the organization size, the market has been divided into large and small and medium organization.
Based on the network type, the market has been bifurcated into wireless and wired.
On a regional basis, the market has been categorized into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
The competitive landscape of the industry has also been examined, with some of the key players being Cerillion, Cognizant, Comarch SA, Fujitsu Limited (Furukawa Group), Infosys Limited, International Business Machines Corporation, Oracle Corporation, Pegasystems Inc., Telefonaktiebolaget LM Ericsson and Wipro Limited.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Component, Deployment Mode, Organization Size, Network Type, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Cerillion, Cognizant, Comarch SA, Fujitsu Limited (Furukawa Group), Infosys Limited, International Business Machines Corporation, Oracle Corporation, Pegasystems Inc., Telefonaktiebolaget LM Ericsson and Wipro Limited
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Telecom Order Management Market to Reach USD 11.8 Billion by 2033, Propelled by Significant Growth in Telecommunication Industry

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