Home > Semiconductors & Electronics > Telecom and Networking > Telecom Services > Telecom Service Assurance Market

Telecom Service Assurance Market Size

  • Report ID: GMI5185
  • Published Date: Jan 2022
  • Report Format: PDF

Telecom Service Assurance Market Size

Telecom Service Assurance Market size exceeded USD 5 billion in 2021 and is estimated to grow at over 5% CAGR between 2022 and 2028. Growing number of mobile subscribers worldwide is boosting the industry growth. Moreover, the increasing adoption of IoT technology is anticipated to support market demand. For instance, as per the Ericsson Mobility Report, 40% cellular IoT connections are expected to overtake broadband IoT with 4G connectivity by 2027

 

The global COVID-19 restrictions resulted in social distancing and increased the demand for high internet connectivity to avoid any potential exposure to coronavirus. This has created more opportunities for market players to develop advanced telecom service assurance solutions. Communication service providers in the telecom industry have extensively used telecom service assurance tools to provide cost-effective and high-quality digital services during the pandemic

 

 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of telecom service assurance crossed USD 5 billion in 2021 and is projected to witness 5% gains from 2022 to 2028, says this GMI report.

In Canada, the market revenue from fault management accounted for around 30% of the industry share in 2021 and will grow with the surging demand for improving the service quality of a network.

In China, the market value from cloud model is estimated to rise at a CAGR of 10% through 2028 owing to the increasing trend of transformation of communication services.

North America industry is slated to cross USD 3 billion by 2028 driven by the rising investments in 5G technology and across the telecom sector in the region.

Telecom Service Assurance Market Scope

Buy Now

Immediate Delivery Available

Premium Report Details

  • Base Year: 2021
  • Companies covered: 24
  • Tables & Figures: 331
  • Countries covered: 20
  • Pages: 250
 Download Free Sample