Global Telecom service assurance Market

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 2025-2032


Report ID: SQMIG45J2078 | Region: Global | Published Date: November, 2024
Pages: 242 | Tables: 113 | Figures: 77

Telecom Service Assurance Market Insights

Telecom Service Assurance Market size was valued at USD 7.58 Billion in 2023 and is poised to grow from USD 8.32 Billion in 2024 to USD 17.58 Billion by 2032, growing at a CAGR of 9.80% during the forecast period (2025-2032).

The adoption of data protection as a service (DPaaS) is transforming the way enterprises use data security and compliance. DPaaS offers a scalable and cost-efficient solution for securing confidential and sensitive data because cyberthreats are becoming more advanced. Moreover, DPaaS utilizes cloud-based platforms for delivering robust security measures like encryption, automated backups, and real-time thereat detection. The demand for data protection as a service (DPaaS) is continuously increasing because of the necessity to secure critical infrastructure and growing adoption of cloud computing. The incorporation of technologically advanced software tools, network-based infrastructure, remote monitoring, and control of multiple businesses operating has increased the vulnerabilities of the companies. This is because these organizations have become prone to cyberattacks, which is boosting the growth of data protection as a service market. 

Furthermore, the emergence of multiple small & medium scale enterprises in various industries are utilizing computing technology contributing to the rising demand for data protection solutions. In recent times, many government agencies and businesses have experienced many cyberattacks even with robust security solutions and necessary preventive measures. This is increasing the demand for data protection as a service in many organizations. Furthermore, increasing strict data protection regulations like the general data protection regulation (GDPR) policy and the data protection act are boosting the growth of data protection as a service industry.

US Telecom Service Assurance Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

Global Telecom Service Assurance Market size was valued at USD 6.9 billion in 2022 and is poised to grow from USD 7.58 billion in 2023 to USD 16.01 billion by 2031, growing at a CAGR of 9.80% during the forecast period (2024-2031).

The prominent players are actively engaging in strategies for ensuring continuous market growth. These organizations are investing in research and development (R&D) for innovating new solutions that combine with evolving technologies and customer demands. Furthermore, collaboration with technology partners and mergers and acquisitions are generally part of their strategy to expand their offerings and market reach. The advances on the internet of things, artificial intelligence and machine learning, as well as cloud technologies are being embraced into their processes to enhance the quality of the services provided. The prominent players are also concentrating on regulatory compliance, keeping abreast of legislative developments across several jurisdictions. The major companies are also implementing customer-oriented policies with the goal of reducing the existing clients’ turnover, and staff members are seen to be actively involved in providing extensive training and support to these customers. Marketing activities are directed at the promotion of assurance services throughout various segments and regions.   'NEC (Japan) ', 'Ericsson (Sweden) ', 'Amdocs (US) ', 'Netscout (US) ', 'HPE (US) ', 'Accenture (Ireland) ', 'Comarch (Poland) ', 'Huawei (China) ', 'Nokia (Finland) ', 'IBM (US) ', 'Intracom Telecom (Greece) ', 'Spirent (UK) ', 'Teoco (US) ', 'Cisco (US) ', 'Commscope (US) ', 'Anritsu (Japan) ', 'Viavi Solutions (US) ', 'Enghouse Networks (Canada) ', 'Mycom OSI (UK) ', 'Radcom (Israel) ', 'Infovista (France) ', 'Sysmech (UK) ', 'Itential (US) ', 'Aspire Technology (Ireland) ', 'Stixis (US) ', 'Anodot (Israel) ', 'Matellio (US)'

Increasing Shift towards Cloud-Native Services: A notable trend in the telecom service assurance market is the increasing adoption of cloud-native solutions. Telecom operators are transitioning from traditional, on-premises assurance systems to cloud-native architectures. Cloud-based solutions offer scalability, flexibility, and cost-efficiency, allowing operators to adapt to dynamic network requirements. This trend aligns with the broader industry shift toward cloud-native technologies, enabling telecom providers to deploy, manage, and upgrade service assurance functionalities more efficiently. 

Asia-Pacific is dominating with the largest telecom service assurance market share. The increasing urbanization, advancement in technology, and increasing uptake of 5G and IoT technologies in the Asia-Pacific region is what drives the telecom service assurance market. The expanding and diversifying telecom infrastructure in the region requires scalable and flexible assurance solutions to address the growing network complexity. Telecom operators in Asia-Pacific are focusing on cost-efficient solutions and cloud-based deployments for supporting their large and varied customer bases. Furthermore, the focus on enhancing customer experience and competitive differentiation is boosting the adoption of advanced service assurance technologies. 

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Global Telecom service assurance Market

Report ID: SQMIG45J2078

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