The Telecom Service Assurance Market Report 2018-2023 focuses on the global Telecom Service Assurance status, future forecast, growth opportunity, key market, and key players.
The Telecom Service Assurance Market report studies the global market size of Telecom Service Assurance in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Telecom Service Assurance in these regions. This research report categorizes the global Telecom Service Assurance market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.
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The various contributors involved in the value chain of Telecom Service Assurance include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Players covered in this study:-
- Nokia Corporation
- CA Technologies
- Cisco Systems
- Tata Consultancy Services Limited
- Accenture PLC
- IBM Corporation
- JDS Corporation
- NEC Corporation
- Hewlett-Packard Company
- Ericsson Inc.
Overview of Telecom Service Assurance Market Research Report 2018-2023:-
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.
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 consumerâs standards.
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.
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 marketâs growth.
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Reasons to Purchase this Report
Key questions answered in the Telecom Service Assurance Market Report are.
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Telecom Service Assurance market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Major Points from TOC of Telecom Service Assurance Market Research Report 2018-2023:
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
- RESEARCH METHODOLOGY
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
- MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.3.2 North America
5.3.4 South America
5.3.5 the Middle East & Africa
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