Telecom Service Assurance Global Market Analysis, Trends, Growth, Research And Forecast 2033

The new report published by The Business Research Company, titled "Telecom Service Assurance Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the telecom service assurance market size has grown rapidly in recent years. It will grow from $8.25 billion in 2023 to $9.12 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The telecom service assurance market size is expected to see rapid growth in the next few years. It will grow to $14.25 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%.

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5G Revolution Driving Telecom Service Assurance Market Growth
The advent of 5G technology is expected to propel the growth of the telecom service assurance market. 5G technology is the most recent iteration of cellular technology, designed to boost the speed and responsiveness of wireless networks dramatically. This technology creates a shift towards a digital lifestyle in the population. For instance, in 2022, According to Speed Test, a US-based web testing and network diagnostics company, the United States had the highest number of 5G users (49.2%), followed by the Netherlands (45.1%), South Korea (43.8%), Kuwait (35.5%), and Qatar (34.8%). Therefore, the advent of 5G technology is driving the telecom service assurance market growth.

Telecom Service Assurance Adapts To IoT-Driven Communication Devices
The adoption of IoT-driven communication devices is a key trend gaining popularity in the telecom service assurance market. The Internet of Things (IoT) refers to physical items that are equipped with sensors, computing power, software, and other technologies and may communicate with other devices and systems over the Internet or other communication networks. For instance, In January 2022, Mavenir, a network software company, launched service distribution to foreign medical facilities through 5G slices. It will include virtual reality (VR) and artificial reality (AR), as well as the usage of virtual intelligent counselling agents (VICA) in applications such as remote patient care and surgery. In surgeries and remote patient care, a robust 5G network with low latency and great performance is necessary to carry out all of the following use cases and duties

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

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Major companies operating in the telecom service assurance market report are Huawei Technologies Co Ltd., Hewlett-Packard Company, 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, The Employee Owned Company, EXFO Inc., Enghouse Systems Limited, Infovista S.A.S., SevOne Inc., Empirix Inc., Guavus Inc., Radcom Ltd., Accanto Systems Ltd., Zenoss Inc., Bwtech International Ltd., Aria Networks Ltd., Avvasi Inc., Intracom Telecom S.A., Netrounds AB

Contents of the report:
1. Executive Summary
2. Telecom Service Assurance Market Report Structure
3. Telecom Service Assurance Market Trends And Strategies
4. Telecom Service Assurance Market - Macro Economic Scenario
5. Telecom Service Assurance Market Size And Growth
…..
27. Telecom Service Assurance Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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