Global Telecom Service Assurance Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 6.77 Billion |
Market Size (Forecast Year) |
USD 14.31 Billion |
CAGR |
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Major Markets Players |
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Global Telecom Service Assurance (TSA) Market, By Component (Solution, Services), Organization Size (Large Enterprises, SMES), Deployment Type (On-Premises, Hosted, Cloud), Operator Type (Mobile and Fixed) – Industry Trends and Forecast to 2030.
Telecom Service Assurance (TSA) Market Analysis and Size
Communication has become a dynamic aspect to be in contact with everyone from anywhere. People are getting closer by using advanced technologies such as 3G, 4G, video conferencing and Internet protocol television (IPTV). Hence, reconfiguration of the network is required smooth operations. This causes huge growth in subscriber base, which results in congestion and extra burdened in the network. Hence, it affects customer efficiency and experience of the network. This is the major challenge before telecom sector. However, telecom service assurance appears help to enhance insights for customer, network, price, operations, service and workforce. It will boost operational efficiency and enhance customer experience.
Data Bridge Market Research analyses that the telecom service assurance (TSA) market is expected to reach USD 14.31 billion by 2030, which is USD 6.77 billion in 2022, at a CAGR of 9.80% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Telecom Service Assurance (TSA) Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015 - 2020) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Component (Solution, Services), Organization Size (Large Enterprises, SMES), Deployment Type (On-Premises, Hosted, Cloud), Operator Type (Mobile and Fixed) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
NEC Corporation (Japan), Telefonaktiebolaget LM Ericsson (Sweden), Amdocs (U.K.), NETSCOUT (U.S.), Broadcom (U.S.), Hewlett Packard Enterprise Development LP (U.S.), Accenture (Ireland), Comarch SA. (Poland), Huawei Technologies Co., Ltd. (China), Nokia (Finland), IBM (U.S.), Intracom Telecom (Greece), Spirent (U.K.), TEOCO (U.S.), EXFO Inc. (Canada), VMware, Inc. (U.S.), Cisco Systems Inc.(U.S.), CommScope (U.S.), Anritsu Corporation (Japan), VIAVI Solutions Inc. (U.S.), Enghouse Networks (Canada) |
Market Opportunities |
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Market Definition
Telecom service assurance offers the application of established procedures and rules to ensure the quality of service. The application of end-to-end process automation functions as a tool to enhance the performance that streamlines the business process and is supplied to the network operator. Telecom service assurance is collecting data from other systems and convergent networks that include corrected operators, IT infrastructure and cable access domains.
Telecom Service Assurance (TSA) Market
Drivers
- Increasing favourable policies by the government in telecom service assurance (TSA) market
Growing favourable policies and initiation by the government in telecom service assurance (TSA) market to support communication facilities and high speed internet is boosting the market growth. Governments, specifically in developing countries such as China and India have gone all out to collaborate with the private market players to promote the growth of the telecom service assurance (TSA) market.
- Increasing number of mobile phone users globally
The Internet of Things (IoT) and machine-to-machine (M2M) communication speed and dependability are projected to have a significant impact. To prevent communication from being interrupted, the market players use telecom service assurance (TSA) for effective communication and network assurance. The current capacity of mobile networks must be capable to accommodate billions of nodes that are expected to grow in upcoming years to accomplish efficient machine-to-machine communication.
Opportunities
- Increasing technological development associated with telecom service
Many market players are involved in developing several technological advances that are helping in growing the market. For instance, Nokia Telecom has been nominated by ONI Telcom to offer 10G services in important Portuguese cities In May 2019. Nokia will offer SLAs for wholesale data center connections and retail companies and cloud services to ONI clients. This will create ample growth opportunities for the market.
Restraints
- Increasing level of competition
Many telecommunications companies are seeing a rise in customer churn due to fierce market rivalry and decreasing switching costs. In the telecom industry, customer loyalty is dwindling as service providers compete to provide effective services at minimum cost. The compatibility issue is the major factor customers encounter most frequently. This problem arises when the function of one system depends on the other system. It. Therefore, increasing level of competition will restrain the market growth.
This telecom service assurance (TSA) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the telecom service assurance (TSA) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In 2021, Etisalat and NEC worked together to support Etisalat's aim for introducing cutting-edge 5G services. This comprises automating 5G slicing and in a multi-vendor, cloud-native 5G core architecture throughout the network. In order to deliver new, highly valuable 5G applications and services that demand Multi-access Edge Computing (MEC) to fulfil the experience requirements of Etisalat's exacting quality, these functions can also be prolonged to the network edge.
- In 2021, US Cellular and Ericsson worked together to allow additional mobile broadband capacity for consumers in portions of Wisconsin, New Hampshire, Maine, Iowa, Illinois and North Carolina due to the augmented demand for data consumption in the pandemic.
Global Telecom Service Assurance (TSA) Market Scope
The telecom service assurance (TSA) market is segmented on the basis of component, organization size, deployment type and operator type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- Solution
- Fault Management
- Performance Management
- Service Monitoring
- Service Assurance Analytics
- Services
- Professional Services
- Managed Services
Organization Size
- Large Enterprises
- SMES
Deployment Type
- On-Premises
- Hosted
- Cloud
Operator Type
- Mobile
- Fixed
Telecom Service Assurance (TSA) Market Regional Analysis/Insights
The telecom service assurance (TSA) market is analyzed and market size insights and trends are provided by country, component, organization size, deployment type and operator type as referenced above.
The countries covered in the telecom service assurance (TSA) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the telecom service assurance (TSA) market in terms of revenue and market owing to growing need of workers to automate network operations because of high customer churn from voice and data services across China and India in this region.
North America will continue to project the highest compound annual growth rate during the forecast period of 2023-2030 owing to rising penetration oh high speed internet and increasing number of mobile subscribers in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Telecom Service Assurance (TSA) Market Share Analysis
The telecom service assurance (TSA) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to telecom service assurance (TSA) market.
Some of the major players operating in the telecom service assurance (TSA) market are:
- NEC Corporation (Japan)
- Telefonaktiebolaget LM Ericsson (Sweden)
- Amdocs (U.K.)
- NETSCOUT (U.S.)
- Broadcom (U.S.)
- Hewlett Packard Enterprise Development LP (U.S.)
- Accenture (Ireland)
- Comarch SA. (Poland)
- Huawei Technologies Co., Ltd. (China)
- Nokia (Finland)
- IBM (U.S.)
- Intracom Telecom (Greece)
- Spirent (U.K.)
- TEOCO (U.S.)
- EXFO Inc. (Canada)
- VMware, Inc. (U.S.)
- Cisco Systems Inc.(U.S.)
- CommScope (U.S.)
- Anritsu Corporation (Japan)
- VIAVI Solutions Inc. (U.S.)
- Enghouse Networks (Canada)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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