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The Europe Telecom Order Management Market would witness market growth of 10.6% CAGR during the forecast period (2017 - 2023). The growing number of connected devices and subscribers are driving the growth of the telecom order management market. Nevertheless, resistance to adopt structural changes in systems, a launch of new technologies, and the need for trained professionals to manage the telecom orders are the factors that limit the growth of the market.
Cloud-based services are preferred by major companies as it would help in cutting investments into the IT infrastructure and at the same time, work on scalability, faster deployment, and agility. With cloud-based deployments, upfront costs are minimized, content management gets simpler, and as a result, return on Investment (RoI) is superior.
The customer base is efficiently built with efficient internal processes. Therefore, the cloud-based deployments would witness growth during the forecast period. Based on Type, the market report segments the market into Solution and Services. Solution Type includes Customer Order Management, Service Order Management, and Service Inventory Management. Services include Professional and Managed Services.
Based on Network Type, the Europe Telecom Order Management market segments the market into Wireless and Wireline. Based on Based on Type, the market report segments the market into Cloud and On-Premise. Based on Countries, the Europe Telecom Order Management market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the Europe Telecom Order Management Market. Key companies profiled in the report include Cognizant, Ericsson AB, IBM Corporation, Oracle Corporation, Fujitsu Limited, Pegasystems Inc., ChikPea, Comarch, Cerillion, and Neustar, Inc.