Signaling System 7 (SS7) Market 2017 Key Players: Dialogic, Ericsson AB, Sonus Networks, Tieto Oyj, NetNumber, Oracle, Huawei Technologies

Market Research Future published a research report on “Signaling System 7 (SS7) Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

The SS7 market is growing rapidly. Signaling System 7 (SS7) is an architecture that is used for performing out-of–band signaling in support of the call establishment, billing, routing, and information exchange function for a public switched telephone network (PSTN). The SS7 STP market is experiencing a resurgence based on modernization projects, vendor replacements, and security features/upgrades. It is anticipated that the market will show a growing trend by the 2017 and is estimated a slow decline thereafter.

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The market of SS7 Signaling Transfer Point is expected to grow at a fast pace but it will eventually show a decline there after. This decline is due to the major shift of operators to IMS (IP multimedia subsystem) and LTE. The use of Diameter protocol as part of Long Term Evolution (LTE) and IP Multimedia Subsystems (IMS) networks will gradually replace many of the functions previously performed by using SS7/SIGTRAN protocols. Due to this reason various fixed and mobile service providers are deploying Diameter Signaling Controllers (DSC) to provide functions very similar to those of STPs in traditional SS7 networks.

The global SS7 Market is expected to grow at USD 685.3 million by the end of year 2023 with 2.93% CAGR during forecast period 2017-2023.

Key Players

The prominent players in the market of SS7 market are – Dialogic Inc (U.S.), Ericsson AB (Sweden), Sonus Networks, Inc (U.S.), Tieto Oyj (Finland), NetNumber, Inc (U.S.), Oracle Corporation (U.S.), Mitel Networks (Canada) and Huawei Technologies Co. Ltd (China) among others.

Regional Analysis:

The global SS7 Signaling Transfer Point market is dived into four major geographies, namely America, Europe, Asia-Pacific and Middle East & Africa. The SS7 Signaling Transfer Point market was valued at USD 654.7 million in the year 2016. North America accounted for the largest market share with USD 249.6 million in 2016. The Asian region offers a huge growth potential for SS7 Signaling Transfer Point due to rapid technological development and existence of a large number of industries. Asian countries are slated to register the highest CAGR of 3.75% over the forecast period, 2016-2022, owing to increase demand in technology and investments by various network operator in the region.

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Intended Audience

• Manufacturers and Suppliers
• Distributors
• SS7 Technology Solution Providers
• Research firms
• Consultancy firms
• Semiconductor Manufacturing Companies
• Stakeholders
• End-user sectors
• Technology Investors

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