DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/0021f6/global_telecom_ser) has announced the addition of the "Global Telecom Service Fulfillment Market 2011-2014" report to their offering.
TechNavio's analysts forecast the Global Telecom Service Fulfillment market to grow at a CAGR of 8.3 percent over the period 2011-2014. One of the key factors contributing to this market growth is the introduction of new services by CSPs to increase their revenues and high competition in the market. The Global Telecom Service Fulfillment market has also been witnessing operators becoming more focused towards providing converge services. However, integration of service fulfillment solutions with legacy systems and tough economic conditions could pose a challenge to the growth of this market.
The report covers the Americas, and the EMEA and APAC regions; it also covers the Telecom Service Fulfillment market landscape and its growth prospects in the coming years.
Key vendors dominating this market space include Telcordia, Oracle, Amdocs, and NEC.
Commenting on the report, an analyst from TechNavio's Telecom team said, Operators shifting toward providing converged services is one of the major trends being observed in the Global Telecom Service Fulfillment market. The market is witnessing operators providing triple play services, i.e., voice, video, and data over the broadband which will create demand for service fulfillment solutions in the forecast period. CSPs have already deployed service fulfillment solutions to support broadband connections. However, with operators providing triple play services over the same broadband, infrastructure demand will be created for activation services which will directly affect the Global Telecom Service Fulfillment market.
According to the report, high competition among CSPs is one of the key drivers in the Global Telecom Service Fulfillment market. This competition is due to stagnating revenues from voice services and is leading CSPs to focus on mobile, broadband, and business services. The best example is of cable operators competing with satellite providers and telecom providers all operating in the same geographical space.
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