"Smart Strategies, Giving Speed to your Growth Trajectory"

Telecom Service Assurance Market Size, Share & Industry Analysis, By Component (Software {Probe Monitoring, Fault and Event Management, Quality and Service Management, Network Performance Monitoring,} Service {Planning and Consulting Services} System Integration Services), By Deployment (On-premises, Cloud based), By Operator Type (Mobile Operators, Fixed Operators) and Regional Forecast, 2019-2026

Region : Global | Report ID: FBI102876 | Status : Ongoing

 

KEY MARKET INSIGHTS

Telecom Service Assurance is defined as policies, procedures and processes implemented by Communications Service Provider (CSP) to ensure that services offered over networks meet pre-defined quality level for optimal experience to subscribers. Increasing investment for 5G deployments will drive market. For instance- Operator from Asia-Pacific will be investing around US$ 570 billion on 5G deployments in between 2018 to 2025. In addition, increasing number of IoT connections will increase the scope of growth for telecom service assurance market. The cloud based solutions are expected to be adopted to a larger extent since it reduces maintenance costs, increases flexibility and are faster deployed systems.


Key Market Driver -

• Increasing number of mobile subscribers globally support market growth. • High investment in deployment of 5G will surge market growth. • Rapid adoption of IoT technology incentivizes market growth.

Key Market Restraint -

• Lack of technical expertise will hinder market growth.


Key Players Covered:


Some of the major providers in the telecom service assurance market are Tata Consultancy Services Limited, Telefonaktiebolaget LM Ericsson, IBM Corporation, Hewlett Packard Enterprise Development LP, Cisco Systems, Inc., Nokia, and others.


Telefonaktiebolaget LM Ericsson acquired Cenx Inc. to boost the network automation capabilities. Cenx Inc. is U.S. based company, a service assurance technology company. This acquisition boosts the Ericsson’s operations support system (OSS) portfolio with closed-loop automation capability and diagnostic service assurance. CENX’s automation capability and cloud-native service assurance strengthens the Ericsson in managed service market and OSS. This acquisition will complement the Ericsson’s existing portfolio.  


Juniper Networks, Inc. partnered with Tata Consultancy Services Limited. This partnership was to enhance the product assurance processes with Automation and Artificial Intelligence. The integration of TCS’ strong IP Networking capabilities combined with AI based Smart QE platform will offer next-gen product assurance processes to Juniper Networks Inc. This partnership will assist Juniper Networks, Inc. to provide improved customer experience with improved product quality.


Regional Analysis


North America is expected to be dominant in this market. North America is amongst the early adopters of emerging technologies like IOT, AI/ML worldwide. Therefore, growth in new IOT connections is expected to open new opportunities for the market growth in large extent. Additionally, the telecom operators are enhancing the network infrastructure in order to meet the demand of 5G services in upcoming future.


To gain extensive insights into the market, Request for Customization


Asia-Pacific is expected to show a tremendous growth in this market. Countries like India, China, Japan are rapidly advancing due to rising investments in high-speed internet infrastructure to meet 5G requirements.   As stated by GSMA report in 2019- Asia Pacific is expected to have 370 million new mobile subscribers by 2025 i.e. approx. half of number of world’s mobile subscribers. These above mentioned factors surges the telecomm service assurance market growth.  


Segmentation


























 ATTRIBUTE


 DETAILS

By Component




  • Software

    • Probe Monitoring

    • Fault and Event Management

    • Quality and Service Management

    • Network Performance Monitoring

    • Workforce Management

    • Others



  • Service

    • Planning and Consulting Services

    • Operation and Maintenance Services

    • System Integration Services





By Deployment




  • On-premises

  • Cloud based



By Operator Type




  • Mobile Operators

  • Fixed Operators



By Geography




  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

  • Latin America (Brazil, Mexico and Rest of Latin America)



Key Industry Developments



  • June 2019 – Hewlett Packard Enterprise Development LP. offers innovations, programs and research labs to surge the adoption of next wave of Intelligent Edge adoption. It leverages machine learning and analytics to adapt to real life changes to achieve unique digital experience for the customers. Major improvements to cloud based platform – Aruba Central that unifies AI- powered analytics, network management and user-centric service assurance for WAN, wireless and wired at an edge. 

  • February 2020 – Nokia has launched cloud native experience and assurance software to assist CSPs, to move towards automated 5G network operations. Nokia Assurance centre enhances customer experience by improving the performance management to drive intelligent root cause analysis and also triggers prioritized and automated resolution. 


Telecom Service Assurance Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Information & Technology Clients

Intel_logo
HP_New_Logo_2D
Coursera
Samsung
Google

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X