5G Revolution Driving Telecom Service Assurance Market Growth: Strategic Insights Driving Telecom Service Assurance Market Momentum in 2025

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What Will the Telecom Service Assurance Industry Market Size Be by 2025?
There has been robust growth in the size of the telecom service assurance market in the past few years. The market is set to expand from a value of $8.92 billion in 2024 to reach $9.76 billion in 2025, growing at a compound annual growth rate (CAGR) of 9.4%. Factors contributing to growth during the historic period include increased intricacy of telecom networks, elevated customer expectations, competitive forces and market dynamics, as well as the need for proactive issue resolution.

What's the Long-Term Growth Forecast for the Telecom Service Assurance Market Size Through 2029?
Over the coming years, the market size of telecom service assurance is forecasted to expand rapidly, reaching a value of $16.41 billion by 2029 with an annual growth rate (CAGR) of 13.9%. This expansion during the forecast period can be credited to the swift increase in data traffic, emphasis on customer experience management, and concerns over cybersecurity. Potentially influential trends for this period incorporate security and compliance assurance, network slicing assurance, as well as real-time analytics and reporting.

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What Are the Key Growth Drivers Fueling the Telecom Service Assurance Market Expansion?
The arrival of 5G technology is predicted to accelerate the telecom service assurance market expansion. As the latest version of cellular technology, 5G is meant to dramatically increase the speed and reactivity of wireless networks. This technology promotes a shift towards a digitally centered lifestyle among the populace. For instance, in 2022, as per the findings by the US-based web testing and network diagnostics firm, Speed Test, the greatest proportion of 5G users was in the USA (49.2%), trailed by the Netherlands (45.1%), South Korea (43.8%), Kuwait (35.5%), and Qatar (34.8%). Hence, the emergence of 5G technology acts as a driving force for the growth of the telecom service assurance market.

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What Are the Key Trends Driving Telecom Service Assurance Market Growth?
A key trend emerging in the telecom service assurance market is the widespread acceptance of IoT-powered communication devices. IoT, or the Internet of Things, refers to the connection of physical objects equipped with sensors, computational abilities, software and other technologies to the Internet or other communication networks, allowing them to interact with other devices and systems. For example, in January 2022, Mavenir, a network software firm, initiated service distribution to international healthcare facilities using 5G slices. This includes the incorporation of virtual reality (VR) and artificial reality (AR), as well as the deployment of virtual intelligent counselling agents (VICA) for applications like remote patient care and surgery. In these applications, particularly surgeries and remote patient care, a strong 5G network with low latency and superior performance is indispensable for the effective execution of the associated tasks and use cases.

How Is the Telecom Service Assurance Market Segmented?
The telecom service assurance market covered in this report is segmented -

1) By Component: Solution, Services
2) By Operator Type: Mobile Operator, Fixed Operator
3) By System: Probe System, Network Management, Workforce Management, Fault Management, Quality Monitoring
4) By Deployment Type: On-Premises, Hosted, Cloud

Subsegments:
1) By Solution: Network Performance Management Solutions, Fault Management Solutions, Service Quality Management Solutions, Revenue Assurance Solutions, Customer Experience Management Solutions
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Development Services

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Which Companies Are Leading the Charge in Telecom Service Assurance Market Innovation?
Major companies operating in the telecom service assurance market include Huawei Technologies Co. Ltd., accenture* plc, IBM Corporation, Cisco Systems Inc., Broadcom Inc., Tata Consultancy Services Limited, Ericsson Inc., Nokia Corporation, NEC Corporation, ZTE Corporation, CommScope Holding Co. Inc., Keysight Technologies Inc., CENX Inc., VIAVI Solutions Inc., NetScout Systems Inc., Spirent Communications plc, Comarch S.A., Mycom Osi Solutions India Private Limited, EXFO Inc., Enghouse Systems Limited, Infovista S.A.S., SevOne Inc., Empirix Inc., Guavus Inc., Radcom Ltd., Accanto Systems Ltd., Zenoss Inc., Aria Networks Ltd., Avvasi Inc., Intracom Telecom S.A., Netrounds AB

Which Regions Are Leading the Global Telecom Service Assurance Market in Revenue?
North America was the largest region in the telecom service assurance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the telecom service assurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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