Albany, NY -- (SBWIRE) -- 08/16/2017 -- Telecom software professional services include services that support telecom-specific software and the services that communication service providers (CSPs) use for transformation projects like optimization, re-engineering, and restructuring, and for operations and support. The global telecommunication services market saw an increased number of subscribers in 2016. Also, this is the only sector that provides technology-related businesses and offers services such as wireless communication, fiber-optics, internet, and satellites.

The global telecom software professional services market to grow at a CAGR of 8.14% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global telecom software professional services market for 2017-2021. To calculate the market size, the report considers services that support telecom-specific software [such as OSS, BSS, and session description protocol (SDPs)].

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Telecom Software Professional Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Amdocs
Ericsson
HPE
Huawei

Other prominent vendors
Affirmed Networks
Allot Communications
Aria Systems
Cerillion
Cisco Systems
Comarch
Comptel
CSG International
Elitecore Technologies
Global Convergence Solutions
Hitachi Data Systems
Nokia
Oracle
Redknee
SAP
Subex
Wipro
ZTE

Market driver
Growing demand for cloud-based BSS
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Market challenge
Lack of skilled personnel
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Market trend
Growing demand for customized telecom software
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?