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Global next-gen telecom application server market: 15% between 2012-2016
Global Next Generation Telecom Application Server Market 2012-2016 - a new market research report on 2014-03-06 18:42:03
The Global Next-Generation Telecom Application Server market is to grow at a CAGR of 15.05 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for multimedia services. The Global Next-Generation Telecom Application Server market has also been witnessing increasing demand for IP-based services. However, the system integration issues could pose a challenge to the growth of this market.
The demand for IP-based services is increasing significantly because of the increasing usage of communication devices. Moreover, IP-based networks are scalable and can easily adapt to any changes made at the network level. In this respect, next generation TAS facilitates services with the help of IP-based signaling protocols. Moreover, since a next generation TAS can manage these devices in a more efficient manner, the adoption of these devices and of TASs is expected to increase in the next few years.
The demand among consumers for higher data speeds is one of the major drivers in the Global Next Generation TAS market. This has provided an opportunity for telecom operators to increase their revenue by providing value-added services with a view to increasing the use of the internet among consumers. Hence, telecom operators are upgrading their networks to meet the demand for high-speed mobile broadband services with the help of next generation TASs.
The key vendors dominating this market space are Oracle Corp., BroadSoft Inc., IBM Corp., and Comverse Technologies Inc. The other vendors mentioned in the report are Alcatel-Lucent SA, Avaya Inc., Cisco System Inc., Ericsson AB, Huawei Technologies Co. Ltd., Microsoft Corp., Nokia Siemens Networks B.V, and ZTE Corp.
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