A new report by Analysys Mason finds that (see also "[Anaylsys Mason]: Ericsson and Amdocs Led the Telecom Software Market in 2013" - here]:
- The worldwide telecoms software market is forecast to grow from USD25.1 billion in 2013 to USD34.2 billion in 2018, at a CAGR of 6.4%.
- LTE network upgrades worldwide are driving spending in OSS/BSS. Investments in North America (NA) and Western Europe will decline initially as deployments are completed, but software revenue will be sustained over the forecast period by increased spending in emerging markets.
- The service delivery platform (SDP) market is the fastest-growing telecoms software segment, at a CAGR of 10.1%, driven by take-up and usage of mobile data services.
- Network function virtualisation (NFV) will begin to impact the industry during the mid-to-late forecast period, driving the need for new OSS/BSS solutions that can support both the virtualised and traditional network environments.
See "Telecoms software: worldwide forecast 2014–2018" - here.