Telecom Service Assurance Market is anticipated to develop at a CAGR of 10.01% from 2023 to 2030, from a value of USD 7.1 bn in 2022 to USD 15.23 bn in 2030

AUSTIN, TEXAS, UNITED STATES, January 15, 2024 /EINPresswire.com/ -- The global Telecom Service Assurance Market is on a trajectory of remarkable growth, projected to surge past USD 15.23 billion by 2030 from its valuation of USD 7.1 billion in 2022. This forecasted upsurge represents a robust compound annual growth rate (CAGR) of 10.01% expected between 2023 and 2030, as per the recent report by SNS Insider.

Telecom service assurance, a critical facet of network operations, ensures service quality through established procedures and rules. It streamlines business processes by applying end-to-end process automation, thereby enhancing network performance and ensuring top-notch service delivery across various domains.

𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: @ https://www.snsinsider.com/sample-request/3679

𝐓𝐡𝐞 𝐩𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭:

• Ericsson
• IBM
• Cisco
• Comarch
• Huawei
• Amdocs
• VMware
• NETSCOUT
• Broadcom
• HPE
• MYCOM OSI
• Accenture
• Nokia
• SysMech
• Intracom Telecom
• Spirent
• EXFO
• CommScope
• Anritsu
• Stixis
• VIAVI Solutions
• Enghouse Networks
• RADCOM
• Infovista
• Itential (US)
• Aspire Technology
• Anodot
• TEOCO
• Matellio

𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐚𝐧𝐝 𝐆𝐫𝐨𝐰𝐭𝐡 𝐅𝐚𝐜𝐭𝐨𝐫𝐬:

A surge in investments for 5G deployments remains a pivotal factor fueling the market expansion. Communication service providers are increasingly adopting cost-effective, high-performance solutions to assess and guarantee service quality, thus propelling the telecom service assurance industry forward. Notably, innovations like Netcracker Domain Orchestration technologies adopted by companies like Etisalat reinforce this upward trend. Etisalat's utilization of these technologies supports its 5G service introduction, covering slicing management and cloud-native 5G base system deployment.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 :

Services within the telecom service assurance market are expected to exhibit higher growth rates, particularly driven by the rising adoption of these solutions among Communication Service Providers (CSPs). The demand for support services, including professional and managed services, is on an upward trajectory owing to increased adoption by organizations, thus contributing significantly to the market.
Furthermore, in terms of operator type, mobile operators are poised to witness the highest CAGR during the forecast period, indicating their dominance and pivotal role in driving the market's growth.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 :

By Component

• Solution
• Services
By Deployment Mode

• On-Premises
• Cloud

By Operator type

• Mobile Operator
• Fixed Operator
• By Organization Size
• Small and Medium Enterprises
• Large Enterprises

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬:

North America's dominance in the market is fueled by its early adoption of emerging technologies like IoT and AI/ML, leading to significant opportunities for expansion. Similarly, the Asia-Pacific region, spearheaded by countries like India, China, and Japan, is experiencing an unprecedented surge due to substantial investments in high-speed internet infrastructure to meet the burgeoning demands of the 5G revolution.

𝐁𝐮𝐲 𝐓𝐡𝐢𝐬 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: @ https://www.snsinsider.com/checkout/3679

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬

• Increasing investments in 5G deployments are the primary catalysts behind the telecom service assurance market's substantial growth.
• Service segments, especially those catering to mobile operators, are anticipated to witness significant expansion and demand
• AI and automation play a key role in predictive analysis and operational efficiency.
• Strong emphasis on real-time monitoring to enhance overall customer experience.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

• In March 2023, Nokia Corporation announced a partnership with Etisalat by e& to upgrade its IP core capacity and enable transport slicing capabilities, positioning Etisalat as the sole provider in the Middle East with a core network supporting 800GE.
• In October 2022, Cisco's investment in data center capacity for WebEx in India aligns with the evolving regulatory landscape, complying with the DoT's new draft rules mandating OTT service providers to fall under similar regulatory ambit as telecom operators.

𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭:

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
…
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗲.....

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company 's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety.

Akash Anand
SNS Insider | Strategy and Stats
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