Newly released telecom service assurance market analysis report by Future Market Insights shows that global telecom service assurance market reached USD 7.1 billion in 2022. The market is anticipated to experience a CAGR of 8.9% from 2023 to 2033, resulting in an increase from USD 7.66 billion in 2023 to USD 18.03 billion by 2033.
| Attributes | Details |
|---|---|
| Telecom Service Assurance Market Size (2023) | USD 7.66 billion |
| Telecom Service Assurance Market Size (2033) | USD 18.03 billion |
| Telecom Service Assurance Market CAGR (2023 to 2033) | 8.9% |
| Key Companies Covered | Nokia Corporation; Broadcom Inc.; Cisco Systems, Inc.; Tata Consultancy Services Limited; Accenture PLC; IBM Corporation; JDS Corporation; NEC Corporation; Hewlett-Packard Company; Ericsson Inc. |
As per the Telecom Service Assurance Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2018 to 2022, the market value of the Telecom Service Assurance Market increased at around 6.8% CAGR.
The telecom service assurance market has been addressing customer compatibility issues. A customer compatibility issue occurs when data from one platform does not function effectively on another.
Some applications or systems may work in one environment but not in the other. If all of the software in use is from the same company, the same instructions and processes will apply across the board, making it easy to teach and familiarize personnel with them.
In 2017, there were 7.5 billion IoT connections, according to the Universal Mobile telecommunication Communications Association, and this figure is projected to climb to 25.2 billion by 2025.
A collection of processes and rules implemented by the communication service provider to ensure that the service offered over networks meets the pre-defined services standard of quality for improved user experience.
The rising need for cost-effective and high-performance solutions, as well as the capacity to assess service performance and quality, are some of the drivers driving the emergence of the telecom service assurance business.
As per the findings of GMSA, the number of unique mobile subscribers will reach 5.9 billion by 2025, accounting for roughly 71% of the global population.
With the surge in the number of subscribers, service providers will be forced to address crucial issues such as demand for specialty products, greater consumer churn, and a faster response rate, which will drive the implementation of Telecom service assurance.
Etisalat has chosen Netcracker Domain Orchestration technologies to support its aim of introducing unique and modern 5G services to the market. This covers 5G slicing management along a multivendor, cloud-native 5G base system as well as throughout the full network.
These capabilities may also be carried to the edge of the network in order to allow new high-value 5G services and apps that require multi-access edge computing in order to fulfill Etisalat's demanding quality of experience requirements
During the projected period, the market in APAC is predicted to expand at the fastest rate. Asian telecommunication firms, vendors, and government organizations are competing to be the first to market with 5G applications and development.
The most significant use application in APAC was providing new video offerings via improved bandwidth. Connected automobiles and IIoT are primary drivers in Japan and South Korea, whereas connected healthcare is has been gaining traction in India, Australia, & Vietnam.
Mobile and internet penetration is expected to rise in economies like India, Bangladesh, and the other Southeast Asian countries as consumer spending rises. Mobile penetration in APAC will rise from 67% in 2017 to 73% in 2025. As per the GSMA, mobile broadband penetration will increase from 41% in 2017 to 64% in 2025.
Amdocs, a provider of business software to information and communications enterprises, have partnered with and Google Cloud to deliver Amdocs' foremost OSS and BSS mechanisms on Google Cloud, as well as to develop solutions and assistance to support communications companies modernize, automate, and digitize their operations with the cloud.
Amdocs will operate its market-leading professional presence on Google Cloud's Anthos, allowing CSPs to deploy throughout multi-cloud environments. On Google Cloud, Amdocs will provide its Data Hubs as well as Data Intelligence analytics tools.
Amdocs and Google Cloud also will collaborate on a new, all-encompassing analytics solution to assist CSPs use data to improve service dependability and customer experiences.
By the end of 2033, the United States is expected to hold the leading market share, having attained 20.2% of the global market share in 2022. Technological advancements and an increase in customer demand for bandwidth-intensive apps and high-quality network experiences are the key drivers of growth.
Ericsson and USA Cellular have recently established a collaboration to assist speed ongoing improvements to USA Cellular's 5G network. The agreement involves the implementation of USA Cellular's recent acquisition C-band with 3.45GHz spectrum, allowing increased Fixed Wireless Access.
Ericsson offers an efficient Antenna Integrated Radio unit in conjunction with Ericsson's Uplink Booster, allowing for instant resource and minimal bandwidth consumption, and also leading network expertise, to support USA Cellular's plan to expand mid-band capacity for both cell phone and Fixed Wireless Access customers.
Ericsson's sophisticated mid-band coverage extension capabilities, along with Carrier Aggregation network services, will improve capacity and coverage for USA Cellular users at home and on the move.
The Solution segment is forecasted to grow at a CAGR of over 9.1% during 2023 to 2033. The demand for technical support solutions is likely to rise as telecom service assurance solutions become more widely used by CSPs.
DZS, a provider of access networks and cloud software systems, agreed to terms of a formal agreement to acquire certain key resources of Adaptive Spectrum & Signals Alignment Inc., a pioneer in broadband internet performance solutions.
The award-winning Clouds Checking Wireless internet experience management also Expresse access-network optimization products, which have been used by top tier 1 operators across the world, are among these assets.
DZS will get a team of highly qualified digital and AI software developers, architects, and business executives as a part of the deal. DZS Cloud will get business intelligence and network intelligence operations from the purchased software solutions, which include controlled WiFi solutions, access-network optimizations, and intelligent automation tools.
The leading players in the global Telecom Service Assurance Market include Accenture plc, Broadcom Inc, Cisco Systems Inc., Comarch S.A., Ericsson Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., and International Business Machine Corporation.
These market players are spending in product launches, collaborations, mergers and acquisitions, and expansions to obtain a competitive advantage in the sector.
Some of the recent developments in the Telecom Service Assurance Market include:
Similarly, recent developments related to companies in Telecom Service Assurance Market have been tracked by the team at Future Market Insights, which are available in the full report.
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Operator Type, 2018 to 2033
Table 4: Global Market Value (US$ Million) Forecast by Organization Size , 2018 to 2033
Table 5: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 6: North America Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Operator Type, 2018 to 2033
Table 8: North America Market Value (US$ Million) Forecast by Organization Size , 2018 to 2033
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 10: Latin America Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 11: Latin America Market Value (US$ Million) Forecast by Operator Type, 2018 to 2033
Table 12: Latin America Market Value (US$ Million) Forecast by Organization Size , 2018 to 2033
Table 13: Western Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Western Europe Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 15: Western Europe Market Value (US$ Million) Forecast by Operator Type, 2018 to 2033
Table 16: Western Europe Market Value (US$ Million) Forecast by Organization Size , 2018 to 2033
Table 17: Eastern Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 18: Eastern Europe Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 19: Eastern Europe Market Value (US$ Million) Forecast by Operator Type, 2018 to 2033
Table 20: Eastern Europe Market Value (US$ Million) Forecast by Organization Size , 2018 to 2033
Table 21: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: South Asia and Pacific Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 23: South Asia and Pacific Market Value (US$ Million) Forecast by Operator Type, 2018 to 2033
Table 24: South Asia and Pacific Market Value (US$ Million) Forecast by Organization Size , 2018 to 2033
Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: East Asia Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 27: East Asia Market Value (US$ Million) Forecast by Operator Type, 2018 to 2033
Table 28: East Asia Market Value (US$ Million) Forecast by Organization Size , 2018 to 2033
Table 29: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 30: Middle East and Africa Market Value (US$ Million) Forecast by Component, 2018 to 2033
Table 31: Middle East and Africa Market Value (US$ Million) Forecast by Operator Type, 2018 to 2033
Table 32: Middle East and Africa Market Value (US$ Million) Forecast by Organization Size , 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Component, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Operator Type, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Organization Size , 2023 to 2033
Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 9: Global Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 10: Global Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 11: Global Market Value (US$ Million) Analysis by Operator Type, 2018 to 2033
Figure 12: Global Market Value Share (%) and BPS Analysis by Operator Type, 2023 to 2033
Figure 13: Global Market Y-o-Y Growth (%) Projections by Operator Type, 2023 to 2033
Figure 14: Global Market Value (US$ Million) Analysis by Organization Size , 2018 to 2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Organization Size , 2023 to 2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Organization Size , 2023 to 2033
Figure 17: Global Market Attractiveness by Component, 2023 to 2033
Figure 18: Global Market Attractiveness by Operator Type, 2023 to 2033
Figure 19: Global Market Attractiveness by Organization Size , 2023 to 2033
Figure 20: Global Market Attractiveness by Region, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Component, 2023 to 2033
Figure 22: North America Market Value (US$ Million) by Operator Type, 2023 to 2033
Figure 23: North America Market Value (US$ Million) by Organization Size , 2023 to 2033
Figure 24: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 28: North America Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 29: North America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 30: North America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 31: North America Market Value (US$ Million) Analysis by Operator Type, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Operator Type, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Operator Type, 2023 to 2033
Figure 34: North America Market Value (US$ Million) Analysis by Organization Size , 2018 to 2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Organization Size , 2023 to 2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Organization Size , 2023 to 2033
Figure 37: North America Market Attractiveness by Component, 2023 to 2033
Figure 38: North America Market Attractiveness by Operator Type, 2023 to 2033
Figure 39: North America Market Attractiveness by Organization Size , 2023 to 2033
Figure 40: North America Market Attractiveness by Country, 2023 to 2033
Figure 41: Latin America Market Value (US$ Million) by Component, 2023 to 2033
Figure 42: Latin America Market Value (US$ Million) by Operator Type, 2023 to 2033
Figure 43: Latin America Market Value (US$ Million) by Organization Size , 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 51: Latin America Market Value (US$ Million) Analysis by Operator Type, 2018 to 2033
Figure 52: Latin America Market Value Share (%) and BPS Analysis by Operator Type, 2023 to 2033
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Operator Type, 2023 to 2033
Figure 54: Latin America Market Value (US$ Million) Analysis by Organization Size , 2018 to 2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Organization Size , 2023 to 2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Organization Size , 2023 to 2033
Figure 57: Latin America Market Attractiveness by Component, 2023 to 2033
Figure 58: Latin America Market Attractiveness by Operator Type, 2023 to 2033
Figure 59: Latin America Market Attractiveness by Organization Size , 2023 to 2033
Figure 60: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 61: Western Europe Market Value (US$ Million) by Component, 2023 to 2033
Figure 62: Western Europe Market Value (US$ Million) by Operator Type, 2023 to 2033
Figure 63: Western Europe Market Value (US$ Million) by Organization Size , 2023 to 2033
Figure 64: Western Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 65: Western Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 66: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 67: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 68: Western Europe Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 69: Western Europe Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 70: Western Europe Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 71: Western Europe Market Value (US$ Million) Analysis by Operator Type, 2018 to 2033
Figure 72: Western Europe Market Value Share (%) and BPS Analysis by Operator Type, 2023 to 2033
Figure 73: Western Europe Market Y-o-Y Growth (%) Projections by Operator Type, 2023 to 2033
Figure 74: Western Europe Market Value (US$ Million) Analysis by Organization Size , 2018 to 2033
Figure 75: Western Europe Market Value Share (%) and BPS Analysis by Organization Size , 2023 to 2033
Figure 76: Western Europe Market Y-o-Y Growth (%) Projections by Organization Size , 2023 to 2033
Figure 77: Western Europe Market Attractiveness by Component, 2023 to 2033
Figure 78: Western Europe Market Attractiveness by Operator Type, 2023 to 2033
Figure 79: Western Europe Market Attractiveness by Organization Size , 2023 to 2033
Figure 80: Western Europe Market Attractiveness by Country, 2023 to 2033
Figure 81: Eastern Europe Market Value (US$ Million) by Component, 2023 to 2033
Figure 82: Eastern Europe Market Value (US$ Million) by Operator Type, 2023 to 2033
Figure 83: Eastern Europe Market Value (US$ Million) by Organization Size , 2023 to 2033
Figure 84: Eastern Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 85: Eastern Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 88: Eastern Europe Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 89: Eastern Europe Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 90: Eastern Europe Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 91: Eastern Europe Market Value (US$ Million) Analysis by Operator Type, 2018 to 2033
Figure 92: Eastern Europe Market Value Share (%) and BPS Analysis by Operator Type, 2023 to 2033
Figure 93: Eastern Europe Market Y-o-Y Growth (%) Projections by Operator Type, 2023 to 2033
Figure 94: Eastern Europe Market Value (US$ Million) Analysis by Organization Size , 2018 to 2033
Figure 95: Eastern Europe Market Value Share (%) and BPS Analysis by Organization Size , 2023 to 2033
Figure 96: Eastern Europe Market Y-o-Y Growth (%) Projections by Organization Size , 2023 to 2033
Figure 97: Eastern Europe Market Attractiveness by Component, 2023 to 2033
Figure 98: Eastern Europe Market Attractiveness by Operator Type, 2023 to 2033
Figure 99: Eastern Europe Market Attractiveness by Organization Size , 2023 to 2033
Figure 100: Eastern Europe Market Attractiveness by Country, 2023 to 2033
Figure 101: South Asia and Pacific Market Value (US$ Million) by Component, 2023 to 2033
Figure 102: South Asia and Pacific Market Value (US$ Million) by Operator Type, 2023 to 2033
Figure 103: South Asia and Pacific Market Value (US$ Million) by Organization Size , 2023 to 2033
Figure 104: South Asia and Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 105: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 106: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 107: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 108: South Asia and Pacific Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 109: South Asia and Pacific Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 110: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 111: South Asia and Pacific Market Value (US$ Million) Analysis by Operator Type, 2018 to 2033
Figure 112: South Asia and Pacific Market Value Share (%) and BPS Analysis by Operator Type, 2023 to 2033
Figure 113: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Operator Type, 2023 to 2033
Figure 114: South Asia and Pacific Market Value (US$ Million) Analysis by Organization Size , 2018 to 2033
Figure 115: South Asia and Pacific Market Value Share (%) and BPS Analysis by Organization Size , 2023 to 2033
Figure 116: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Organization Size , 2023 to 2033
Figure 117: South Asia and Pacific Market Attractiveness by Component, 2023 to 2033
Figure 118: South Asia and Pacific Market Attractiveness by Operator Type, 2023 to 2033
Figure 119: South Asia and Pacific Market Attractiveness by Organization Size , 2023 to 2033
Figure 120: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033
Figure 121: East Asia Market Value (US$ Million) by Component, 2023 to 2033
Figure 122: East Asia Market Value (US$ Million) by Operator Type, 2023 to 2033
Figure 123: East Asia Market Value (US$ Million) by Organization Size , 2023 to 2033
Figure 124: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 125: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 126: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 127: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 128: East Asia Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 129: East Asia Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 130: East Asia Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 131: East Asia Market Value (US$ Million) Analysis by Operator Type, 2018 to 2033
Figure 132: East Asia Market Value Share (%) and BPS Analysis by Operator Type, 2023 to 2033
Figure 133: East Asia Market Y-o-Y Growth (%) Projections by Operator Type, 2023 to 2033
Figure 134: East Asia Market Value (US$ Million) Analysis by Organization Size , 2018 to 2033
Figure 135: East Asia Market Value Share (%) and BPS Analysis by Organization Size , 2023 to 2033
Figure 136: East Asia Market Y-o-Y Growth (%) Projections by Organization Size , 2023 to 2033
Figure 137: East Asia Market Attractiveness by Component, 2023 to 2033
Figure 138: East Asia Market Attractiveness by Operator Type, 2023 to 2033
Figure 139: East Asia Market Attractiveness by Organization Size , 2023 to 2033
Figure 140: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 141: Middle East and Africa Market Value (US$ Million) by Component, 2023 to 2033
Figure 142: Middle East and Africa Market Value (US$ Million) by Operator Type, 2023 to 2033
Figure 143: Middle East and Africa Market Value (US$ Million) by Organization Size , 2023 to 2033
Figure 144: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033
Figure 145: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 146: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 147: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 148: Middle East and Africa Market Value (US$ Million) Analysis by Component, 2018 to 2033
Figure 149: Middle East and Africa Market Value Share (%) and BPS Analysis by Component, 2023 to 2033
Figure 150: Middle East and Africa Market Y-o-Y Growth (%) Projections by Component, 2023 to 2033
Figure 151: Middle East and Africa Market Value (US$ Million) Analysis by Operator Type, 2018 to 2033
Figure 152: Middle East and Africa Market Value Share (%) and BPS Analysis by Operator Type, 2023 to 2033
Figure 153: Middle East and Africa Market Y-o-Y Growth (%) Projections by Operator Type, 2023 to 2033
Figure 154: Middle East and Africa Market Value (US$ Million) Analysis by Organization Size , 2018 to 2033
Figure 155: Middle East and Africa Market Value Share (%) and BPS Analysis by Organization Size , 2023 to 2033
Figure 156: Middle East and Africa Market Y-o-Y Growth (%) Projections by Organization Size , 2023 to 2033
Figure 157: Middle East and Africa Market Attractiveness by Component, 2023 to 2033
Figure 158: Middle East and Africa Market Attractiveness by Operator Type, 2023 to 2033
Figure 159: Middle East and Africa Market Attractiveness by Organization Size , 2023 to 2033
Figure 160: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
The market is valued at USD 7.66 billion in 2023.
The global market size will reach USD 18.03 billion by 2033.
North America is projected to emerge as a lucrative market.
The growth potential of the market is 8.9% through 2033.
India, Japan, and China dominate the Asian market.
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Telecom Service Assurance Market
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