Quick Summary:
The global Telecom Service Assurance Solutions market is poised for significant growth, estimated to double from US$6.7 billion in 2022 to US$13.4 billion by 2030. This comprehensive market research report provides unmatched insights into this vibrant sector, pairing thorough analysis with future projections to guide empowered decision-making.
In this rapidly evolving market space, it's crucial for senior executives to stay on top of key trends and competitive dynamics. Delve into detailed segment analysis, geographical market forecasts, and examination of leading players like Accenture PLC, CA Technologies, IBM Corporation, and more. Gaining this knowledge can provide you with the strategic edge you need in what is an increasingly competitive industry, and this market research report is the tool that delivers such understanding. Invest today to futureproof against tomorrow's telecom industry landscape.
Global Telecom Service Assurance Solutions Market to Reach $13.4 Billion by 2030
The global market for Telecom Service Assurance Solutions estimated at US$6.7 Billion in the year 2022, is projected to reach a revised size of US$13.4 Billion by 2030, growing at a CAGR of 9% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$8.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 11% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 8.5% CAGR
The Telecom Service Assurance Solutions market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2030 trailing a CAGR of 8.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 7.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.Select Competitors (Total 18 Featured) -
- Accenture PLC
- Amdocs, Inc.
- CA Technologies, Inc.
- Comarch SA
- Ericsson AB
- HPe Co.
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Mycom Osi
- NEC Corporation
- NetScout Systems, Inc.
- Nokia Corporation
- Oracle Corporation
- Spirent Communications PLC
- Tata Consultancy Services Ltd.
- Teoco Corporation
- Viavi Solutions, Inc.
- ZTE Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Telecom Service Assurance Solutions?
What is the growth rate of the Global Market for Telecom Service Assurance Solutions?
What is the forecasted size of the Global Market for Telecom Service Assurance Solutions?
Who are the key companies in the Global Market for Telecom Service Assurance Solutions?
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 6.7 Billion |
| Forecasted Market Value ( USD | $ 13.4 Billion |
| Compound Annual Growth Rate | 9.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Accenture PLC
- Amdocs, Inc.
- CA Technologies, Inc.
- Comarch SA
- Ericsson AB
- HPe Co.
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Mycom Osi
- NEC Corporation
- NetScout Systems, Inc.
- Nokia Corporation
- Oracle Corporation
- Spirent Communications PLC
- Tata Consultancy Services Ltd.
- Teoco Corporation
- Viavi Solutions, Inc.
- ZTE Corporation
