Telecom Service Assurance Market Trends, Analysis & Forecast, 2032

As per a recent research report, Telecom Service Assurance Market surpass USD 10 Bn by 2032.

The telecom service assurance market is anticipated to witness robust growth by 2028 owing to rising adoption of IoT technology and 5G services in operation support system (OSS). Additionally, rising demand for real-time analysis to ensure low latency, competitive pressure to optimize, and mounting requirement to enhance ecosystem silos is likely to further support market growth through the forecast timeline.

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Recently, market players have been focusing on implementing effective strategies to gain a competitive edge in the market, which has improved the overall industry outlook. For instance, in December 2021, Anritsu Corporation, a Japan-based multinational firm in the telecommunications electronics equipment space, verified the improved, industry-first User Equipment and Network Slicing energy efficient Protocol Conformance Tests for the 5G NR (New Radio) Standalone.

The equipment was tested on the ME7834NR platform, the 5G NR Mobile Device Test Platform, which runs on the Snapdragon X65 5G modem, the first-of-its-kind 16 Modem-RF System. As a result, increasing availability of innovative products in the market has positively impacted the product landscape.

The telecom service assurance market has been bifurcated in terms of operator type, component, deployment model, and region. Based on component, the market has been segregated into solution and services. Under solution, the market has further been divided into fault management, service monitoring, performance management, service assurance analytics, and others.

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Under services, the telecom service assurance market has been categorized into professional services and managed services. The managed services segment accumulated a market share of around 20% in 2021 and is slated to observe considerable revenue growth through the analysis timeline supported by increased productivity and improved customer services across the telecom sector.

From the regional point of view, the Latin America telecom service assurance market is anticipated to witness substantial growth by 2028, registering a CAGR of over 10% through the forecast period. Surging adoption of advanced services assurance solutions is foreseen to promote product uptake in LATAM over the following years. Meanwhile, the Middle East & Africa telecom service assurance industry is projected to grow at approximately 5% CAGR through the review timeline due to prevalent strategic collaborations among key players to enhance service quality and customer experience.

Partial chapters of report table of contents (TOC):

Chapter 2   Executive Summary

2.1    Telecom service assurance industry 360º synopsis, 2018 – 2028

2.2    Business trends

2.3    Regional trends

2.4    Component trends

2.5    Operator type trends

2.6    Deplpyment trends

Chapter 3   Telecom Service Assurance Industry Insights

3.1    Introduction

3.2    Industry segmentation

3.3    COVID-19 impact

3.3.1.     Impact by region

3.3.1.1    North America

3.3.1.2    Europe

3.3.1.3    Asia Pacific

3.3.1.4    Latin America

3.3.1.5    Middle East & Africa

3.3.2    Impact by value chain

3.3.3    Impact by competitive landscape

3.4    Industry evolution

3.5    Telecom service assurance industry ecosystem analysis

3.5.1    Telecom service providers

3.5.2    Solution providers

3.5.3    Cloud service providers

3.5.4    End-users

3.6    Technology & innovation landscape

3.6.1    5G

3.6.2    Internet of Things (IoT)

3.6.3    Data Analytics

3.7    Investment portfolio

3.8    Patent analysis

3.9    Regulatory landscape

3.9.1    International Telecommunication Union (Global)

3.9.2    3GPP (Global)

3.9.3    Federal Communication Commission (FCC U)

3.9.4    General Data Protection Regulation (GDPR, EU)

3.9.5    Telecom Regulatroy Auhority of India (TRAI)

3.9.6    Brazlian Telecommunication Model (LGT)

3.9.7    Telecommunication Regulatory Authority (TRA, UAE)

3.10    Industry impact forces

3.10.1    Growth drivers

3.10.1.1    Rising number of mobile subscribers globally

3.10.1.2    Growing investment in 5G technology

3.10.1.3    Surging rapid adoption of IoT technology

3.10.1.4    Growing advancements in Operation Support Systems (OSS) environment

3.10.2    Industry pitfalls & challenges

3.10.2.1    Lack of technical expertise

3.10.2.2    Concern over data privacy

3.11    Growth potential analysis

3.12    Porter’s analysis

3.12.1    Threat of new entrant

3.12.2    Bargaining power of supplier

3.12.3    Bargaining power of buyer

3.12.4    Threat of substitution

3.12.5    Competitive rivalry

3.13    PESTEL analysis

3.13.1    Political

3.13.2    Economical

3.13.3    Social

3.13.4    Technological

3.13.5    Legal

3.13.6    Environmental

 

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