Global Telecom Service Assurance Market 2018-2023: Top Players Are- NOKIA CORPORATION, ATOS CORPORATION, CISCO SYSTEMS, INC., TATA CONSULTANCY SERVICES LIMITED, ACCENTURE PLC, IBM CORPORATION

As of 2017, the global telecom service assurance market was valued at USD 6.8 billion. The market is expected to register a CAGR of 2.24% during 2018-2023 (the forecast period). Telecom service assurance (TSA) is the application of policies and processes by a Communications Service Provider (CSP), so as to ensure that the services offered over networks to consumers meet the required service quality level for an optimal subscriber experience. The scope in this study is limited to the telecom service assurance software market, which include, both, professional services and managed services.

Major Players: NOKIA CORPORATION, ATOS CORPORATION, CISCO SYSTEMS, INC., TATA CONSULTANCY SERVICES LIMITED, ACCENTURE PLC, IBM CORPORATION, AMDOCS CORPORATION, NEC CORPORATION, HEWLETT-PACKARD COMPANY, AND ERICSSON INC. amongst others
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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.

Significant Increase in the Number of Cellular Subscribers
 
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. One of the major connectivity devices in demand is smartphone. The number of smartphones being used internationally is relatively higher when compared to other connectivity devices. The number of smartphones/mobile devices being sold is increasing, amassing the number of cellular subscriptions to be high, as connectivity devices cannot perform well without the required cellular subscriptions. The increasing rate of adoption of connectivity devices is likely to lead to a significant increase in the number of cellular subscriptions, which, in turn, is anticipated to boost the growth of the global TSA market.

 
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System Integration Service is expected to dominate the Market

Advances in communication services and technology have elevated consumer expectations. Next generation communication technologies, like 5G (and more recently LTE), are changing consumer preferences toward a more digital lifestyle. The increasing rate of adoption of smart devices has transformed the network service industry. While new opportunities for CSPs to offer innovative services have risen, new challenges have also emerged. CSPs are struggling to keep up the pace with customer demands for bandwidth-intensive applications and high-quality network experiences. In order to overcome the challenges, TSAs are being integrated within the systems, to provide a timely feedback of the necessary data. Also, with the emergence of more technical and complex technologies, system integration services for TSA are expected to witness a significant growth.

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. Owing to the mature telecom industry, the United States is a dominant market in North America and is further expected to register a significant growth rate, with the increasing number of telecommunication devices. The emergence of highly technical and complex technologies, like 5G networks, coupled with an increased competition among CSPs in this region, is expected to indirectly impact the North American TSA market’s growth.

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.

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Major Points from Table of Contents:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Product Analysis

3.7 Technology Analysis

3.8 End User Analysis

3.9 Emerging Markets

3.10 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global  Telecom Service Assurance Market, By Product

5.1 Introduction

5.2 Hardware

5.3 Software

5.4 Services

5.4.1 Training and Education

5.4.2 Risk and Threat assessment

5.4.3 Managed Security Services

5.4.4 Design and Integration

5.4.5 Other Services

6 Global  Telecom Service Assurance Market, By Technology

6.1 Introduction

6.2 Cryptography

6.3 Content Filtering

6.4 Access Control Technology

6.5 Authentication Technology

7 Global  Telecom Service Assurance Market, By End User

7.1 Introduction

7.2 Retail

7.3 Telecom & IT

7.4 Manufacturing

7.5 Aerospace, Defense, and Intelligence

7.6 Information and communication technology (ICT)

7.7 Healthcare

7.8 Transportation

7.9 Education

7.10 Government

7.11 Banking, Financial services and Insurance (BFSI)

7.12 Other End Users

8 Global  Telecom Service Assurance Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 South America

8.6 Middle East & Africa

9 Key Developments

9.1 Agreements, Partnerships, Collaborations and Joint Ventures

9.2 Acquisitions & Mergers

9.3 New Product Launch

9.4 Expansions

9.5 Other Key Strategies

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Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. 

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Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. 

CONTACT US

Mr. Ajay More

Phone: US +1 424 253 0807/ UK +44 20 3239 8187

Email: sales@marketreportsworld.com

This release was published on openPR.