The Telco Transformation Market is expected to grow at a significant CAGR during the forecast period (2021-2027). Incumbent Internally and from outside influences, telcos are undergoing a major change. Regulatory changes, shifting consumer demand trends, digital content, and newer technology have compelled them to make significant internal adjustments to keep up with external competitive and operational conditions. This transition will necessitate not just massive expenditures and the implementation of next-generation services, but also a fundamental shift in Telco’s strategy and business model. Decision-makers must keep this course in view to comprehend and create effective methods for identifying opportunities and changes that will influence the industry.
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Voice revenue declines, lower customer loyalty and churn rates, regulatory pressure, and growing spectrum concerns are all key drivers for telco transformation. Proper network design for rising network sizes with limited spectrum availability is a major problem in this market. The advent of numerous technologies such as 2G and 3G (UMTS), HSPA and HSPA+, WiMAX, Wi-Fi, frequency division duplexing LTE (FDD LTE), time division duplexing LTE (TDD LTE), LTE Advanced, and wired broadband, among others, have further complicated the situation. Thus, to overcome such challenges market players in the telco industry are transforming.
In this market, there are opportunities in terms of growing new consumer categories, such as banking and utilities, who are expanding their network infrastructure to improve efficiency. Another important opportunity in this market is to improve data-based services and place a greater emphasis on new technologies like machine-to-machine (M2M).
Tata Communications and Cisco Meraki announced a new partnership in October 2021, to provide businesses with simple and easy-to-deploy, manage, and analyze IT infrastructure for enabling everywhere, anytime connectivity.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
Segment Covered-
· By Type – Fixed, Mobile
· By Consumer Type – Retail, Wholesale, Enterprises
· By Product and Services – VoIP, IPTV, Triple Play, Cloud Services, Managed Services
· By Industry Vertical – Energy, Transport, Healthcare, Entertainment, Government
· Competitive Landscape: AT&T Inc., Bharti Airtel Limited, China Unicom, Deutsche Telekom AG, MTN Group Limited, and SK Telecom Co., Ltd. among others
Key questions addressed by the report
· What is the market growth rate?
· Which segment and region dominates the market in base year?
· Which segment and region will project fastest growth in the market?
· How COVID-19 impacted the market?
· Recovery Timeline
· Deviation from pre-COVID forecast
· Most affected region and segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
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A full Report of Global Telco Transformation Market is Available at: https://www.omrglobal.com/industry-reports/telco-transformation-market
Telco Transformation Market Report
By Type
• Fixed
• Mobile
By Consumer Type
• Retail
• Wholesale
• Enterprises
By Product and Services
• VoIP
• IPTV
• Triple Play
• Cloud Services
• Managed Services
By Industry Vertical
• Energy
• Transport
• Healthcare
• Entertainment
• Government
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
