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Telecom Service Assurance Market is expected to register a CAGR of 2.24% during the forecast period (2018-2023)| Dominant Players - NOKIA CORPORATION, , CISCO SYSTEMS, INC., TATA CONSULTANCY SERVICES LIMITED, ACCENTURE PLC, IBM CORPORATION, NEC CORPORATIO

01-22-2019 07:48 PM CET | IT, New Media & Software

Press release from: Market Prognosis

Market Analysis:

North America to Dominate the Market
Owing to the increasing number of telecom subscribers and smart devices, North America is the major contributor toward the revenue generated by TSA solutions, at the international level. In addition, there is a growing demand for service quality, which, in turn, is driving the North American TSA market.

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There has been a significant increase in the number of cellular subscribers, globally. This growth can be attributed to the increasing number of consumers opting for devices that offer connectivity. With the technological advancements, like the development of 5G network, the need for TSA solutions has grown, as consumers tend to be dissatisfied with CSPs if the service they provide is not up to the consumer’s standards. The emergence of highly technical and complex technologies, coupled with an increasing competition in developed regions, is all set to impact the growth of the global TSA market, as it has been made clear that in the emerging business landscape, CSPs must notice potential customer issues and respond quickly to prevent negative customer experiences. The only effective and efficient way to do the same is through the adoption of TSA solutions. System integration service is expected to dominate the market.

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Market Segments:
Telecom Service Assurance Market is segmented by:
1. Deployment Type: On-premise, Hosted
2. Service: Professional Services, Managed Services
3. System: Probe Systems, Workforce Management, Fault and Event Management, Quality/Performance Monitoring, Others
4. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market

• December 2017 - NBN, an open-access, wholesale fixed broadband service provider, and Ericsson extended their partnership for network operations.
• October 2017 - Nokia expanded its analytics service offering to gain value from TelcoData, hence improved the network issue resolution and reduced dropped calls for operators.
• June 2017 - Nokia acquired Comptel Corporation, a Finland-based telecommunication Software Company.

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today's complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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