Telecom Service Assurance Market Size Observep

Telecom Service Assurance Market Size
Observe Significant Surge during 2019- 2024

In-depth study on Telecom
Service Assurance Market by MarketsandMarkets™
provides broad analysis on the basis of growth, applications and key players
which is useful for better decision making.

According to a new
market research report "Telecom Service Assurance Market by Solution (Products (Fault and Event Management,
Performance Management) and Services), Operator Type (Mobile and Fixed),
Deployment Type (On-Premises and Cloud), and Region - Global Forecast to 2024", published by MarketsandMarkets™, the global Telecom Service
Assurance Market size expected to grow from USD 5.7 billion in 2019 to USD 8.9
billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.4% during the
forecast period.

The major factors
expected to drive the growth of telecom service assurance market are the
increasing number of cellular/mobile subscribers, and growing need of operators
to automate network operations due to high customer churn and low Average
Revenue per User (ARPU) from voice and data services. Exponential growth in the
global Internet Protocol (IP) traffic and cloud traffic, and prominence of
Internet of Things (IoT) are expected to offer huge market opportunities for
TSA vendors in the next 5 years.

Browse in-depth TOC on "Telecom Service Assurance Market”

103- Tables

38- Figures

137- Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=202411888

Quality and Service
Management segment to record the highest growth rate during the forecast period

Under the products
segment, the quality and service management segment is expected to grow at the
highest growth rate during the forecast period. Quality and service management
solutions aim to transform traditional network-centric telecom monitoring into
customer-centric telecom service quality management. It enables the proactive
management of digital services in complex ecosystems that can span physical,
hybrid, and virtualized networks. The solutions help Communication Service
Providers (CSPs) simplify the complexity of services and networks by providing
end-to-end visibility across all domains and services, real-time service impact
analysis with integrated automation, and root cause analysis.

Mobile operators segment
to record the higher CAGR during the forecast period

In the Telecom Service
Assurance Market by operator type, mobile operators are expected to record the
higher CAGR during the forecast period. The total number of mobile operators is
750 around the world, as per the report by GSMA. Due to increased competition,
the mobile operator focuses on network, service, and end-user related data to
deliver optimal service performance and customer experience management. TSA
solutions help both the fixed and mobile operators gain full network visibility
with a clear and unified view of their customers’ experience, thereby ensuring
quality of service and quality of experience for voice, data, Voice over
Long-Term Evolution (VoLTE), Short Message Service (SMS), fixed mobile, and
broadband services.

North America to hold the
largest market size during the forecast period

North America is expected
to hold the largest market size in the global telecom service assurance market
during the forecast period. The US has emerged as the largest country for the
market in terms of market size, due to the heavy adoption of advanced
technologies, such as 5G, cloud, analytics, and IoT, across the US
organizations. Moreover, the US is one of the most advanced countries in the
world in terms of technology adoption, which is known for its innovative and
disruptive startups.

Key and emerging market
players include Broadcom (CA Technologies)(US), Ericsson(Sweden), HPE (US), NEC
Corporation (Japan), Nokia (Finland), Accenture(Ireland), Amdocs(US), Comarch
S.A. ( Poland), Huawei (China), IBM (US), NETSCOUT (US), Spirent (UK), TEOCO
(US), MYCOM OSI (UK), EXFO(US), Intracom Telecom(Greece), RADCOM(Israel),
Anritsu(Japan), VMware (US), Centina (US), Infovista (US), Arris International
Limited (US), Enghouse Networks (Canada), and VIAVI(US).

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Source: https://www.marketsandmarkets.com/PressReleases/telecom-service-assurance.asp