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"5G-related investments are expected to grow to USD42.8 billion by 2026 and 5G will drive growth in all segments covered in our forecasts."
This report provides forecasts for the overall communications service provider (CSP) spending on telecoms software and related services for 2021–2026. The market will grow from USD77.4 billion in 2020 to USD114 billion in 2026 at a CAGR of 6.7%. 5G-related spending will grow the fastest and will account for 38% of CSPs' spending on telecoms software by 2026. Spending on cloud technology and automation will increase too as CSPs pursue new deployment models and aim to improve operational efficiency to support emerging use cases.
This report provides a detailed 5-year forecast of the worldwide telecoms software market, split into the following areas.
- Data, AI and development platforms
- Automated assurance
- Customer engagement
- Monetisation platforms
- Network automation and orchestration
- Network cloud infrastructure
- Service design and orchestration
- Subscriber data management
- Central and Eastern Europe (CEE)
- Developed Asia–Pacific (DVAP)
- Emerging Asia–Pacific (EMAP)
- Latin America (LATAM)
- Middle East and North Africa (MENA)
- North America (NA)
- Sub-Saharan Africa (SSA)
- Western Europe (WE)
Telecoms service sectors
- Consumer fixed
- Business fixed