In a new report, Insight Research claims that the global market for operations support systems (OSS) — the computing and software IT infrastructure that performs engineering, provisioning, and management functions in telecommunications networks — will exceed $30 billion this year.
According to Operations Support Systems 2005-2010, telecommunications network operators worldwide are expected to increase their investment in OSS at a compounded rate of nearly four percent over the next five years, while North American investment in the computing and software systems used to acquire, serve, and bill customers will not top 2.7 percent over the same period. Telecommunications service providers will be investing selectively in areas showing the greatest potential for a fast rate of return, including wireless 3G data services and high-speed residential broadband access.
However, capital spending on new systems will grow at a slower rate than IT investment in the general economy. The market research study concludes that this year European cable TV operators, wireless providers and telephone companies will spend more than their North American counterparts on the new computing systems needed to supply telecommunications services, and that by 2010 OSS investment in both Europe and Asia will exceed North American spending.
For more information, or to order the report, visit Insight Research online.