Omdia: Amdocs leads in the telecoms IT space and has grown ahead of overall market; leads in monetization
According to analyst Omdia, Amdocs has extended its lead in the telecoms IT and services market and continues to lead in areas including BSS and monetization. Find out more in the report extract.
Amdocs led the telco IT market with a 14% market share in 2022, up from 2021, as its revenue growth of 8% was ahead of the overall market growth.
Omdia’s comprehensive Telecoms IT Market Forecast assesses market trends in operations support systems (OSS), business support systems (BSS), and telecom-specific analytics tools. It provides recommendations for communications service providers (CSPs) and suppliers about using a public cloud, migration to SaaS, retirement of legacy systems, and key criteria for software selection.
The report presents Omdia’s estimates for the telco IT market from 2022 to 2028, broken down into major product categories. It splits BSS into seven subcategories and OSS into four subcategories. It forecasts the split across software and services and their subcategories (e.g., SaaS). Additionally, it presents Omdia’s 2022 telco IT market share estimates for the major suppliers.
In particular it is worth also noting that Omdia describes:
- Amdocs’ lead in the total Telco IT software & services market share
- How the BSS market is led by Amdocs (with a particularly strong position in billing)
- The extent of Amdocs’ lead in the telco monetization software and services market
Discover much more detail on the breakdown from Omdia in the extract of their Telecoms IT Market Forecast Report 2023 - 2028.
