Press Release

Growing Online Transactions to Aid Growth of Saudi Arabia Telecom System Integration Market

Increasing adoption of cloud technologies coupled with rising volume of online transactions and mobile devices to propel Saudi Arabia telecom system integration market through 2024

According to TechSci Research report, Saudi Arabia Telecom System Integration Market By Application, By Deployment Type, Competition, Forecast & Opportunities, 2014 - 2024’’, Saudi Arabia telecom system integration market is projected to surpass $ 680 million by 2024 owing to rising adoption of cloud technologies coupled with growing inclination towards online transactions and mobile devices and emergence of convergent billing system. In addition, fierce competition in telecom sector and introduction of next generation OSS/BSS is further anticipated to strengthen the growth in Saudi Arabia telecom system integration market in the coming years. Among applications, Operation Support System (OSS) segment accounts for the majority share in Saudi Arabia telecom system integration and is likely to maintain its dominance during forecast period. However, Network Management System segment is expected witness the fastest growth during forecast period as it monitors the software and hardware components in a network, besides allowing telecom service providers to monitor their business using a central computer.

Browse 35 market data Figures spread through 90 Pages and an in-depth TOC on " Saudi Arabia Telecom System Integration Market "

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On the basis of deployment type, Saudi Arabia telecom system integration market is segmented into On-premises and Cloud. The former dominates the market as telecom companies have a ready infrastructure to support on-premises solution. However, it is anticipated that during forecast period, cloud based deployment type would grow at a faster pace owing to its cost efficiency and high scalability & flexibility. Tata Consultancy Services Saudi Arabia, Accenture Saudi Arabia Ltd., Saudi Ericsson Communications Co Ltd, Huawei Tech Investment Saudi Arabia Co., Ltd and IBM Middle East FZ-LLC are the major companies operating in Saudi Arabia telecom system integration market.

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“Central region is the leading demand generator for telecom system integration owing to the large number of companies operating in this region, especially in Riyadh, the capital of Saudi Arabia. Moreover, the region has high population, which necessitates full time uptime network. Additionally, increasing number of developments in Riyadh under smart cities mission, are further likely to positively influence Saudi Arabia telecom system integration market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Saudi Arabia Telecom System Integration Market By Application, By Deployment Type, Competition, Forecast & Opportunities, 2014 - 2024 has evaluated the future growth potential of Saudi Arabia telecom system integration market and provides statistics and information on market size, structure and future market growth. The report offers decision makers superior market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market inclinations along with indispensable drivers, challenges and opportunities in Saudi Arabia telecom system integration market.

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Saudi Arabia Telecom System Integration Market By Application (Operations Support Systems, Business Support Systems, Network Management Systems & Others), By Deployment Type (On-Premises & Cloud), Competition, Forecast & Opportunities, 2014 - 2024

ICT | Mar, 2019

Increasing adoption of cloud technologies coupled with rising volume of online transactions and mobile devices to propel Saudi Arabia telecom system integration market through 2024

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