Market Research Report
Global Telecom Service Assurance Market Size study, by Solution, by Operator Type, by Deployment Mode, by Organization Size and Regional Forecasts 2020-2027
|Published by||Bizwit Research & Consulting LLP||Product code||956193|
Delivery time: 2-3 business days
|Global Telecom Service Assurance Market Size study, by Solution, by Operator Type, by Deployment Mode, by Organization Size and Regional Forecasts 2020-2027|
|Published: August 28, 2020||Content info:||
Global Telecom Service Assurance Market Size study, by Solution (Products and Services), by Operator Type (Mobile Operator and Fixed Operator), by Deployment Mode (On-Premises and Cloud), by Organization Size (Large Enterprises and SMEs) and Regional Forecasts 2020-2027.
Global Telecom Service Assurance Market is valued approximately at USD 5.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 9.2% over the forecast period 2020-2027. The implementation of the standardized policies and procedures to assure the service quality for the subscriber is telecom service assurance. It automates the business process with the introduction with end to end event processing and enables the management of the complex value chain digital services. Telecom service assurance acts as a tool to optimize the effectiveness delivered to the service provider and allows the collection of information from the other systems and converged networks containing IT infrastructure, fixed-mobile operators, and cable access domains. The increase in the number of cellular/mobile subscribers, growing need of operators to automate network operations due to high customer churn and low ARPU from voice and data services and large-scale implementation of SDN and NFV are the few factors responsible for growth of the market over the forecast period. For instance: According to Statista, the number of mobile subscribers in India was 886.3 million in 2013 and has risen by 1168.31 million mobile subscribers in 2019. Furthermore, the introduction of services and other strategic alliance by market key players will create a lucrative demand for this market. For instance: as per Company's news release in September 2019, Samsung and Amdocs agreed a partnership to accelerate CSP's deployment of 5G open cloud networks. These partnerships will provide innovative and better managed network delivery of 5G services to the market, with increased speed, and with greater scale and reach to consumer and business clients. However, concerns over data privacy is the major factor restraining the growth of global Telecom Service Assurance market during the forecast period.
The regional analysis of global Telecom Service Assurance market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the increasing adoption of 5G and IoT technologies in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Broadcom (CA Technologies)
Hewlett Packard Enterprise
Huawei Technologies Co., Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Operator Type:
By Deployment Mode:
By Organization Size:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2017, 2018
Base year - 2019
Forecast period - 2020 to 2027
Target Audience of the Global Telecom Service Assurance Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers