2014-01-31 05:01:01 - Global Network Outsourcing Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Network Outsourcing market is to grow at a CAGR of 4.67 percent CAGR percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased profitability obtained when using network outsourcing. The Global Network Outsourcing market has also been witnessing an increasing number of end-to-end solutions. However, the minimal adoption of network outsourcing in the US could pose a challenge to the growth of this market.
The main trend witnessed by the Global Network Outsourcing market is the increase in end-to-end solutions from the vendors. There would be increased focus on the entire process by network operators and not the specific tasks. The network operators would like to invest in the entire suite
of diverse processes such as the order entry, circuit design, customer care, and telecom expense management instead of having separate outsourcing providers for individual tasks or projects. The outsourcing providers would bring all their expertise and six sigma approaches in providing end-to-end solutions.
The major factor which is driving the market is the growing focus towards increasing profitability by the service providers. Network outsourcing is extremely beneficial in reducing the expenses as the service providers need not invest heavily in resources or in hiring new employees for new telecom network infrastructure.
The major challenge faced by the Global Network Outsourcing market is the minimal adoption of network outsourcing by the network operators in the US. There are huge and highly advanced network operators in the US such as AT&T Co., Verizon Wireless Inc., and Sprint Corp. with strong networks across the country. However, these network operators are investing more on network architecture than investing in network outsourcing.
The key vendors dominating this space include Ericsson Inc., HP Co., IBM Corp., and Nokia Siemens Networks.
The other vendors mentioned in this report are Alcatel Lucent, Huawei Technologies Co. Ltd., Juniper Networks Inc., Motorola Inc., Nortel Networks Corp., Tellabs Inc., UTStarcom Inc, and ZTE Corp.
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