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Ericsson and Nokia Corporation hold a significant revenue share of over 10% in the market. Ericsson focuses on collaborating with other technology companies, telecom operators, and industry stakeholders to enhance its system integration capabilities. These partnerships help Ericsson to leverage complementary expertise and resources, providing end-to-end solutions to its customers.
Nokia Corporation invests heavily in research and development to drive innovation in telecom technologies and system integration solutions. By continuously advancing its technology portfolio, Nokia stays competitive and meets the evolving needs of its customers. Also, the company lays major emphasis on software-driven solutions and services, recognizing the growing importance of software in the telecom industry.
Major players operating in the telecom system integration industry are:
Market size for telecom system integration was USD 24.8 billion in 2023 and is expected to register over 8.5% CAGR from 2024-2032 owing to the rapid expansion of IoT applications across industries worldwide.
Telecom system integration industry from the cloud deployment segment held 42% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to the increased adoption of cloud-based solutions.
North America industry acquired over 36% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to increasing adoption of 5G technology in the region.
Accenture PLC, Atos SE, Capgemini SE, Cisco Systems Inc., Ericsson, Huawei Technologies Co., Ltd., IBM Corporation, Nokia Corporation, Wipro Limited, and ZTE Corporation, are some of the major telecom system integration companies worldwide.