Telecom Service Assurance Market 2022 Business Scenario - Nokia Corporation, Broadcom Inc. (CA Technologies Inc.), Cisco Systems, Inc., Tata Consultancy Services Limited

The Telecom Service Assurance Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global telecom service assurance market was 8.02 billion in 2020 and is expected to be valued at 9.83 billion in 2026 registering a CAGR of 3.4% over the forecast period (2021 - 2026).

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Top Leading Companies of Telecom Service Assurance Market are Nokia Corporation, Broadcom Inc. (CA Technologies Inc.), Cisco Systems, Inc., Tata Consultancy Services Limited, Acce-nture PLC, IBM Corporation, JDS Corporation, NEC Corporation, Hewlett-Packard Company, Ericsson Inc. and others.

Industry News and Updates

May 2019 - ONI Telcom chooses Nokia telecom to deploy 10G services in key Portuguese cities. Nokia will give ONI customers SLAs for retail enterprise and wholesale data center interconnect and cloud services.

- July 2018 - IBM teamed up with NETSCOUT to integrate the latter's network analytics tools into its telecommunications analytics suite.

Key Market Trends

Asia-Pacific to Execute the Fastest Growth Rate

- Vast geographic variations combined with a huge customer base that is increasing at a rapid pace is creating complexities in operation for telecom service providers. These complexities have led telecom service providers to invest in telecom service assurance.

- The increasing consumer purchasing parity in emerging economies such as India, Bangladesh, and other southeast Asian countries is set to increase mobile and internet penetration. APACs mobile penetration will increase from 67% in 2017 to 73% in 2025. Mobile internet penetration is expected to rise from 41% in 2017 to 64% in 2025 according to GSMA. The above-cited reasons will drive the growth in the region.

- Further, broadband and mobile infrastructure are in a developing stage, The mobile workforce, BYOD is gaining momentum in the region which will require monitoring the devices which will foster the growth of Telecom service assurance.

Regional Outlook of Telecom Service Assurance Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Telecom Service Assurance Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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