About Lifecycle Service Orchestration
Lifecycle Services Orchestration (LSO) refers to a technology standard and products that provide orchestration and management integration among management software, network systems, and IT software platforms. Lifecycle service orchestration coordinates the management and controls across all network domains which are responsible for connectivity that may include, Mobile Networks, ethernet, private lines, and VPNs. It is an extensive network for managing communications services. The Key capabilities of lifecycle service orchestration are fulfillment, control, performance, assurance, usage along analytics.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.7% |
Analyst at AMA Research estimates that united States Players will contribute the maximum growth to Global Lifecycle Service Orchestration market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Ciena (United States), Amdocs (United States), Cisco Networks (United States), CENX (United States), Comarch (Poland), Cloudify (Israel), Infinera (United States) and Dorado Software (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are ECI Telecom (Israel) and Ericsson Inc. (Sweden).
Segmentation Overview
AMA Research has segmented the market of Global Lifecycle Service Orchestration market by Type (Software and Services), Application (SMEs and Large Enterprises) and Region.
On the basis of geography, the market of Lifecycle Service Orchestration has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Network Domain, the sub-segment i.e. Mobile Networks will boost the Lifecycle Service Orchestration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Lifecycle Service Orchestration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Reference Point, the sub-segment i.e. Customer- To Service-Provider Interactions will boost the Lifecycle Service Orchestration market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The trend of Rapid Adaptation of Lifecycle Services Orchestration
Market Growth Drivers:
Need of Enterprises of Seamless Communications and Demand for An End-To-End Automation Across Multiple Provider Networks
Challenges:
Lack of Technical Knowledge Is Affecting the Demand of Lifecycle Service Orchestration
Restraints:
Complex Nature of Lifecycle Service Orchestration
Opportunities:
Rising Adaptation of Lifecycle Services Orchestration Standard Will Boost Its Demand and The demand for Lifecycle Service Orchestration Will Grow Due to Its Increasing Reliability
Market Leaders and their expansionary development strategies
On 11th Aug 2020, Amdocs a leading player in the software and services to communications and media companies, announced that it has completed the acquisition of Openet, a world-leading provider of 5G charging, policy and cloud technologies. According to the company; this acquisition will bring together Openet’s network-centric technologies with Amdocs’ service provider customers situated across the world.
On 13th Nov 2017, Amdocs a leading provider of software and services to communications and media companies announced it is introducing a new intercarrier service orchestration solution that allows Communication Service Providers (CSPs) to automate traffic scaling across multiple carrier networks. The new solution from Amdocs is based on ONAP open-source code and uses MEF’s LSO.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Lifecycle Services Orchestration Providers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.