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Telecom Engineering Services Market

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Telecom Engineering Services Market- Growing Demand For Managed Outsourced Services
For Network Site Development
Telecommunication and wireless service providers continually expand their offerings to keep
pace with customer demands and the market for new and innovative network services. Using
existing sites of networking infrastructure to expand the network presence of telecom
companies is cost effective, but it entails upgrading technologies and existing infrastructure for
better services. In addition to utilizing existing carriers, network sites must expand through new
network site builds. Site development requires experience and a broad range of knowledge to
ensure it is done effectively and efficiently. Several service providers are offering a broad range
of site development services to clients which support all stages of site development. Services
include project management, equipment installation & commissioning, RF services, network
planning & design, performance & optimization, and field service. The service providing
companies also offer maintenance services and operation services to enhance the quality of
network services. The telecom industry is growing rapidly with increasing demand from
customers. For maintenance and expand the network site the company requires huge
investment and skilled staff. Service providers offer cost effective solution for all maintenance
work to Telecom Company.
Growing demand for managed outsourced services for network site development and
maintenance of network equipment is driving the growth of the telecom engineering services
market. Shifting or development of a new network site requires highly skilled people and
involves high maintenance cost. Telecom engineering services offer complete services from
project planning to final installation and integration of all network equipment with prior
planning. This cost effective service is expected to propel telecom engineering services market
growth during the forecast period. Telecom engineering service providers are offering
designing, testing, and 24/7 support and monitoring of wireless, copper, and fiber optic
network. Increasing demand for managed telecom engineering services creates opportunity in
terms of revenue to service providers. However, several service providers are not offering the
services as per customer expectation, and poor maintenance service is restraining the growth
of telecom engineering services market.
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The global telecom engineering services market can be segmented based on service type,
enterprise size, end-user and geography. Based on service type, the telecom engineering
services market can be categorized into architecture & design, product development, testing &
certification, sustaining engineering, and deployment support. In terms of enterprise size, the
telecom engineering services market can be categorized into large enterprises and smallmedium enterprises. Large enterprises segment is expected to be dominant in terms of market
share and revenue during the forecast period. Demand for telecom engineering services is
expected to increase among large enterprises in order to maintain market position in a highly
competitive environment. In terms of end-user, the telecom engineering services market can
be categorized into IT & telecom, BFSI, education, government, healthcare, retail, automotive,
and manufacturing. Based on geography, the telecom engineering services market can be
segmented into Middle East & Africa, South America, Asia Pacific, Europe, and North America.
North America is expected to be a major revenue generating region during the forecast period.
Enterprises operating in North America are adopting telecom engineering services, which in
turn has increased the investment in engineering services. Telecom engineering services offer
low management cost to industries to maintain the network site location. Asia Pacific is
expected to be a rapidly growing region in the telecom engineering services market due to
increasing demand for telecom engineering services from the telecom industry to fulfill the
customer demand for network. Service providers are partnering with local service providers to
offer on location support and expand their service areas for the telecom industry.
Key players operating in the telecom engineering services market include Altran Technologies,
SA, CSS Corp., Cyient Limited, Harman International Industries, Inc., HCL Technologies Limited,
Infosys Limited, L&T Technology Services Limited, Tata Elxsi, Telecom Engineering, Inc., Telecom
Engineering Services, Inc., Syncroute Software Development Pvt. Ltd., Core Team Solutions Pvt.
Ltd., and Origin to Future.
Author
monali raghu
monali raghu349   documents Email
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