The Worldwide Telecom Service Assurance Industry is Projected to Reach $12.1 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Telecom Service Assurance Market Research Report by Operator (Fixed and Mobile), Solution, Deployment, Organization Size, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Telecom Service Assurance Market size was estimated at USD 7,161.50 million in 2021, USD 7,798.87 million in 2022, and is projected to grow at a CAGR 9.15% to reach USD 12,113.36 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Telecom Service Assurance Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Telecom Service Assurance Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Telecom Service Assurance Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Telecom Service Assurance Market?

4. What is the competitive strategic window for opportunities in the Global Telecom Service Assurance Market?

5. What are the technology trends and regulatory frameworks in the Global Telecom Service Assurance Market?

6. What is the market share of the leading vendors in the Global Telecom Service Assurance Market?

7. What modes and strategic moves are considered suitable for entering the Global Telecom Service Assurance Market?

Market Dynamics

Drivers

• Potential Demand Attributed to Growing Adoption of Telecom Services by Business Operators
• Increasing Concerns Associated with Network Complexities Coupled with Mobile Data Traffic Issues
• Upsurging Penetration of 5G Solutions with Technological Advancements in Telecom Networking Worldwide

Restraints

• Concern Associated with Data Privacy and Data Security Along with Growing Disagreement to Modify Existing Organizations

Opportunities

• Favorable Governmental Investments with Initiatives to Incorporate IoT and 5G Services Across the Globe
• Upsurging Adoption and Emergence of Cloud-Based Telecom Service Assurance

Challenges

• High Cost and Complex Structures Involved in Upgrading Traditional Network Infrastructure

Companies Mentioned

• Accenture plc
• Anodot Ltd.
• Anritsu Corporation
• Broadcom Inc.
• Cisco Systems Inc.
• Comarch SA
• Enghouse Systems Ltd.
• EXFO Inc.
• Hewlett Packard Enterprise Company
• Huawei Technologies Co. Ltd.
• InfoVista S.A.
• International Business Machines Corporation
• Itential
• NEC Corporation
• NETSCOUT Systems, Inc.
• Nokia Corporation
• Objective Systems Integrators
• Spirent Communications plc
• Stixis Technologies
• Telefonaktiebolaget LM Ericsson

For more information about this report visit https://www.researchandmarkets.com/r/v0hdy7