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Telecom System Integration Market Trends

  • Report ID: GMI8422
  • Published Date: Mar 2024
  • Report Format: PDF

Telecom System Integration Market Trends

The telecom system integration industry is witnessing a significant upswing, driven by the development and deployment of 5G infrastructure. System integrators play a crucial role in assisting telecom operators with the integration, optimization, and management of 5G networks to support the evolving connectivity demand. For instance, in June 2023, HCLTech inaugurated a novel establishment in Chennai dedicated to the testing of 5G infrastructure. The first of its kind in India, this facility is outfitted with cutting-edge scanners designed for the assessment of extensive cellular base stations and compact antennas utilized in mobile devices, smart technologies, healthcare monitoring apparatus, and remote surveillance systems. Through its provision of thorough testing functionalities, this facility enables the integration, refinement, and implementation of 5G networks, advancing the adoption of telecom systems within India and meeting the rising need for uninterrupted connectivity solutions.
 

As enterprises increasingly prioritize digital transformation initiatives, the global market experiences a notable trend. System integrators are in demand to facilitate the seamless incorporation of telecom solutions with enterprise applications, data analytics platforms, and emerging technologies such as Artificial Intelligence (AI) and blockchain. This reflects a growing recognition of the importance of connectivity and communication infrastructure in enabling digital innovations, enhancing operational efficiency, and delivering superior customer experiences across diverse industries.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

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.

Telecom System Integration Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 21
  • Tables & Figures: 300
  • Countries covered: 23
  • Pages: 250
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