Telecom Service Assurance Market to Witness Growth Acceleration During 2021-2031 | NEC, Ericsson, Amdocs, NETSCOUT, Broadcom

New York, According to a new market research report published by Global Insight Services Telecom Service Assurance Market is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Telecom Service Assurance is a broad term that covers a variety of activities and processes aimed at ensuring that telecom services are delivered as promised, and that any issues are identified and resolved quickly. This can include everything from monitoring network performance and customer usage patterns to ensure service quality, to managing customer expectations and providing timely customer support.

Key Trends

There are a few key trends in Telecom Service Assurance technology:

1. The move to virtualized and cloud-based infrastructure: This trend is driven by the need for greater flexibility, scalability, and cost-efficiency. Virtualized and cloud-based infrastructure allows telecom service providers to quickly and easily deploy new services and scale them up or down as needed.

2. The use of artificial intelligence and machine learning: These technologies are being used to help telecom service providers automate various tasks related to service assurance, such as detecting and diagnosing problems, and predicting and preventing outages.

3. The adoption of DevOps principles: DevOps is all about collaboration between development and operations teams to improve the speed and quality of software delivery. This is becoming increasingly important for telecom service providers as they look to rapidly deploy new services and features.

Key Drivers

The key drivers of the telecom service assurance market are the need for better customer experience, the need for enhanced operational efficiency, and the need for reduced operational costs.

The telecom industry is undergoing a major transformation, driven by the need to offer better customer experience. In order to meet the increasing customer expectations, telecom service providers are focusing on enhancing their service quality and ensuring a seamless customer experience. This is where service assurance comes into play. The major drivers for the growth of the telecom service assurance market include the need for better customer experience, the need for enhanced operational efficiency, and the need for reduced operational costs.

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Market segments:

The Telecom Service Assurance Market is segmented by component, operator type, deployment type, organization size and region. By component, the market is divided into solution and services. Based on operator type, it is segmented into mobile operator and fixed operator. On the basis of deployment mode, it is bifurcated into on-premises and cloud. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Market Players:

The Telecom Service Assurance Market includes players such as NEC, Ericsson, Amdocs, NETSCOUT, Broadcom, HPE, Comarch, Huawei and Nokia.

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Reasons to buy Telecom Service Assurance Market Report:

• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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