Telecom Service Assurance - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Telecom Service Assurance Market is accounted for $5.78 billion in 2019 and is expected to reach $13.22 billion by 2027 growing at a CAGR of 10.9% during the forecast period. Raise in the number of cellular/mobile subscribers is the major factor propelling the market growth. However, a concern over data privacy is hampering the market growth.
Telecom service assurance is the execution by a Communications Service Provider (CSP) of policies and events to assurance that services provided all the way during networks complete a pre-set standard of service quality for perfect subscriber knowledge. The enormous increase in subscriber numbers, the need for important optimization & improved total investments, and the capability to assess service efficiency & Quality of Service (QoS) have resulted to enhanced claim for these market alternatives.
Based on the solution, the services segment is going to have a lucrative growth during the forecast period due to the broad adoption of TSA solutions across enterprises and service providers, in that way generating the command for consulting services; integration and deployment services; and guidance, support, and maintenance services across the globe.
By geography, North America is likely to have a huge demand due to considered one of the most important regions in the adoption of 5G and IoT technologies. Telecom operators in the region are enhancing their networking infrastructure to meet the growing demand for 5G services in the future. Assurance services are expected to play a key role in the growth of new networking infrastructure.
Some of the key players profiled in the Telecom Service Assurance Market include Accenture, Amdocs, Comarch SA, Ericsson, EXFO, HPE, Huawei, IBM, Intracom Telecom, MYCOM OSI, NEC, NETSCOUT, Nokia, Spirent Communications and TEOCO Corporation.
Deployment Types Covered:
Operator Types Covered:
• Fixed Operator
• Mobile Operator
Organization Sizes Covered:
• Small and Medium Enterprises (SMEs)
• Large Enterprises
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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