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$19 Billion Worldwide Telecom System Integration Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

October 15, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Oct 15, 2020--

The “Telecom System Integration - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

The publisher brings years of research experience to the 8th edition of this report. The 143-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

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Global Telecom System Integration Market to Reach $31.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Telecom System Integration estimated at US$19 Billion in the year 2020, is projected to reach a revised size of US$31.2 Billion by 2027, growing at a CAGR of 7.4% over the period 2020-2027.

Cloud, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$13.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premises segment is readjusted to a revised 6.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $5.6 Billion, While China is Forecast to Grow at 6.8% CAGR

The Telecom System Integration market in the U.S. is estimated at US$5.6 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$5.4 Billion by the year 2027 trailing a CAGR of 6.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 5.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR.

Competitors identified in this market include, among others:

  • Cognizant Technology Solutions Corporation
  • DXC Technology
  • Ericsson AB
  • HCL Technologies Ltd.
  • Huawei Technologies Co., Ltd.
  • IBM Corporation
  • Infosys Ltd.
  • Nokia Networks
  • Stixis Technologies
  • Syntel, Inc.
  • Tech Mahindra Ltd.
  • Wipro Ltd.

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Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Telecom System Integration Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 43

For more information about this report visit https://www.researchandmarkets.com/r/opy9d0

View source version on businesswire.com:https://www.businesswire.com/news/home/20201015005673/en/

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY TELECOMMUNICATIONS

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 10/15/2020 10:00 AM/DISC: 10/15/2020 10:01 AM

http://www.businesswire.com/news/home/20201015005673/en