Global Telecom Service Assurance market enhances end user experience by improving service quality. With the growth in network technologies, cloud based computing, Data services etc. the need to monitor the Quality of service, measure the rate of degradation and detect traffic information also arose. Therefore, Global Telecom Service Assurance market currently enjoys two digit annual growth.
Global Telecom Service Assurance market is driven by cost savings, growing subscriber base and optimisation. Network performance monitoring is growing at highest CAGR because of its ability to measure irregularities in network connection besides measuring Quality of Service. Likewise, Professional Services is also growing at a substantial rate, this service is born out of the need to install, plan, operate and maintain telecom service assurance software.
The challenges include resistance to change/replace the existing operational model, adapt new technologies, invest and bear the high instalment cost associated with it. Another concern that exists is the Data Privacy issue while operating with the legacy systems and enterprises.
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The Global Telecom Service Assurance market can be segmented on the basis of: Deployment Type, Solutions, System, Service and Organization size. On the basis of Solutions, it is of two types, Software and Services. Services are in turn divided into System Integration, Maintenance, Consulting and Operations.
Deployment types can be segregated into On-Premise and Hosted. On the basis of System, Telecom Service Assurance comprises of Workforce Management, Probe Monitoring, Fault and Network Management etc. Highest growth can be attributed to Managed Services segment; this is because of IT and Business Processes outsourcing by small and medium enterprises (SMEs), which helps then to focus on their core business and not on IT Operations.
North America, Europe, and Asia Pacific are the Global Telecom Service Assurance Markets. North America currently accounts for highest market share and its expansion is driven by innovative solutions that standardize the business models of LTE networks. Asia Pacific region promises highest market growth in the upcoming years. The reason for this exponential growth in Asia Pacific region is because of its huge customer-subscriber base. Also, there exists operational complexities owing to its diverse population and network lines; therefore there lies the need and opportunity for standardization in APAC region too.
The major challenge that the service providers face is that of standardization, due to presence of many vendors. Also, the providers are looking for support and integration. The competition in developed regions is also very much, therefore, there exists immense opportunities in standardizing and streamlining the services. Another silver lining is the emergence of new and complex technologies which can be served be telecom service assurance market.
Some of the major players in the market include CA Technologies, Hewlett Packard Enterprise (HPE) Company, Nokia Corporation, IBM, Huawei Technologies Co. Ltd., Ericsson, NetScout Systems Inc., Spirent Communications PLC etc.
Report Contents Regional Analysis Report Highlights
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
US and Canada
Mexico, Brazil, Argentina and Rest of Latin America
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
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Rest of Western Europe
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Rest of Eastern Europe
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
Rest of Middle East and Africa
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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
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