Telecom Service Assurance Market Size, Share, Growth Analysis, By Component(Solutions (Fault and Event Management, Performance Management, Quality and Service Management, Intelligent Assurance and Analytics)), By Operator type(Mobile Operator, Fixed Operator), By Deployment type(On-premises, and Cloud), By Organization Size(Small and Medium-Sized Enterprises, Large Enterprises), By Region - Industry Forecast 2024-2031

Telecom Service Assurance Market Driver

Surge in Number of Customer

• Growing need to automate network operation due to high customer churn and low ARPU (Average revenue per user) from voice and data services. The increase in mobile communication in various businesses due to which the call can be interrupted because of the current capacity of mobile networks. With the surge in the number of subscribers, service providers are forced to address crucial issues such as demand for specialty products, greater consumer churn, and a faster response rate.

Growth of IoT connections

• The adoption of IoT driven communication devices across the globe is expected to drive the growth. The development of IoT connection is expected to triple by 2025 which will give a tremendous opportunity for telecom service assurance provider. Covid-19 pandemic resulted in social distancing and increased the demand for high internet connectivity.

Telecom Service Assurance Market Restraint

Compatibility Issues

• The most common issue faced by customer is the compatibility issue. It occurs when information from one system cannot operate satisfactorily on other system. Some software can be incompatible in one device but may be incompatible in other device. When all the software is supplied by one vendor, common instructions and processes will apply across the board making it easier to for the user to learn.