North America Telecom Service Assurance Market Size, Share & Industry Trends Analysis Report By Component, By Solution Type, By Operator Type, By Deployment Type, By Organization Size, By Country and Growth Forecast, 2022 – 2028
Description
North America Telecom Service Assurance Market Size, Share & Industry Trends Analysis Report By Component, By Solution Type, By Operator Type, By Deployment Type, By Organization Size, By Country and Growth Forecast, 2022 – 2028
The North America Telecom Service Assurance Market would witness market growth of 9.0% CAGR during the forecast period (2022-2028).
The ecosystem's existence of numerous significant businesses has resulted in a competitive & diverse market. Software-Defined Networking (SDN) and Network Functions Virtualization appear to be critical for CSPs engaged in digital transformation, particularly 5G. To prevent customer attrition and financial consequences, performance or network faults must be detected and remedied not just at the network operations level, but also at the service & customer satisfaction levels. CSPs are known for completing orders on time and providing services that are both cost-effective and efficient. Apart from successfully processing orders, service assurance solution providers assist internet service providers, telecommunications providers, and similar vendor firms in locating problems that occur during the delivery of any service, workforce automation, and network management.
As per GMSA, by 2025, the number of unique mobile subscribers will reach another milestone, accounting for more than half of the global population. As the number of subscribers grows, service providers will be forced to address important issues like demand for high customer churn, niche products, and a quicker response rate, all of which will boost the adoption of Telecom service assurance.
North America is one of the world's early adopters of emerging technologies such as IoT and AI/ML. As a result, the increase in new IoT connections is likely to open up a lot of new chances for market growth. Furthermore, telecom carriers are improving network infrastructure to fulfill the demand for 5G services soon. The telecom service assurance market in North America is the largest in the world. The increased implementation of these solutions by important telecom operators in the region, such as Verizon & Frontier Communications, is one of the factors driving the market's growth. Furthermore, the existence of several telecom service assurance businesses that provide comprehensive solutions to CSPs drives the North American telecom service assurance market forward
The US market dominated the North America Telecom Service Assurance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,170.7 million by 2028. The Canada market is estimated to grow at a CAGR of 11.5% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 10.5% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Solution Type, the market is segmented into Fault & Event Management, Performance Management, Quality & Service Management, and Intelligent Assurance & Analytics. Based on Operator Type, the market is segmented into Fixed Operator and Mobile Operator. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Organization size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Nokia Corporation, Hewlett-Packard Enterprise Company, IBM Corporation, NEC Corporation, Ericsson AB, Amdocs Limited, Comarch S.A., Accenture PLC, and Broadcom, Inc.
Scope of the Study
Market Segments covered in the Report:
By Component
The North America Telecom Service Assurance Market would witness market growth of 9.0% CAGR during the forecast period (2022-2028).
The ecosystem's existence of numerous significant businesses has resulted in a competitive & diverse market. Software-Defined Networking (SDN) and Network Functions Virtualization appear to be critical for CSPs engaged in digital transformation, particularly 5G. To prevent customer attrition and financial consequences, performance or network faults must be detected and remedied not just at the network operations level, but also at the service & customer satisfaction levels. CSPs are known for completing orders on time and providing services that are both cost-effective and efficient. Apart from successfully processing orders, service assurance solution providers assist internet service providers, telecommunications providers, and similar vendor firms in locating problems that occur during the delivery of any service, workforce automation, and network management.
As per GMSA, by 2025, the number of unique mobile subscribers will reach another milestone, accounting for more than half of the global population. As the number of subscribers grows, service providers will be forced to address important issues like demand for high customer churn, niche products, and a quicker response rate, all of which will boost the adoption of Telecom service assurance.
North America is one of the world's early adopters of emerging technologies such as IoT and AI/ML. As a result, the increase in new IoT connections is likely to open up a lot of new chances for market growth. Furthermore, telecom carriers are improving network infrastructure to fulfill the demand for 5G services soon. The telecom service assurance market in North America is the largest in the world. The increased implementation of these solutions by important telecom operators in the region, such as Verizon & Frontier Communications, is one of the factors driving the market's growth. Furthermore, the existence of several telecom service assurance businesses that provide comprehensive solutions to CSPs drives the North American telecom service assurance market forward
The US market dominated the North America Telecom Service Assurance Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,170.7 million by 2028. The Canada market is estimated to grow at a CAGR of 11.5% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 10.5% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Solution Type, the market is segmented into Fault & Event Management, Performance Management, Quality & Service Management, and Intelligent Assurance & Analytics. Based on Operator Type, the market is segmented into Fixed Operator and Mobile Operator. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Organization size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Nokia Corporation, Hewlett-Packard Enterprise Company, IBM Corporation, NEC Corporation, Ericsson AB, Amdocs Limited, Comarch S.A., Accenture PLC, and Broadcom, Inc.
Scope of the Study
Market Segments covered in the Report:
By Component
- Solution
- Fault & Event Management
- Performance Management
- Quality & Service Management
- Intelligent Assurance & Analytics
- Services
- Fixed Operator
- Mobile Operator
- On-premise
- Cloud
- Large Enterprises
- Small & Medium Enterprises
- US
- Canada
- Mexico
- Rest of North America
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Nokia Corporation
- Hewlett-Packard Enterprise Company
- IBM Corporation
- NEC Corporation
- Ericsson AB
- Amdocs Limited
- Comarch S.A.
- Accenture PLC
- Broadcom, Inc.
- Exhaustive coverage
- Highest number of market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
121 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Telecom Service Assurance Market, by Component
- 1.4.2 North America Telecom Service Assurance Market, by Operator Type
- 1.4.3 North America Telecom Service Assurance Market, by Deployment Type
- 1.4.4 North America Telecom Service Assurance Market, by Organization size
- 1.4.5 North America Telecom Service Assurance Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Geographical Expansions
- 3.3 Market Share Analysis, 2020
- 3.4 Top Winning Strategies
- 3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.4.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Jul – 2022, Mar) Leading Players
- Chapter 4. North America Telecom Service Assurance Market by Component
- 4.1 North America Solution Market by Country
- 4.2 North America Telecom Service Assurance Market by Solution Type
- 4.2.1 North America Fault & Event Management Market by Country
- 4.2.2 North America Performance Management Market by Country
- 4.2.3 North America Quality & Service Management Market by Country
- 4.2.4 North America Intelligent Assurance & Analytics Market by Country
- 4.3 North America Services Market by Country
- Chapter 5. North America Telecom Service Assurance Market by Operator Type
- 5.1 North America Fixed Operator Market by Country
- 5.2 North America Mobile Operator Market by Country
- Chapter 6. North America Telecom Service Assurance Market by Deployment Type
- 6.1 North America On-premise Market by Country
- 6.2 North America Cloud Market by Country
- Chapter 7. North America Telecom Service Assurance Market by Organization Size
- 7.1 North America Large Enterprises Market by Country
- 7.2 North America Small & Medium Enterprises Market by Country
- Chapter 8. North America Telecom Service Assurance Market by Country
- 8.1 US Telecom Service Assurance Market
- 8.1.1 US Telecom Service Assurance Market by Component
- 8.1.1.1 US Telecom Service Assurance Market by Solution Type
- 8.1.2 US Telecom Service Assurance Market by Operator Type
- 8.1.3 US Telecom Service Assurance Market by Deployment Type
- 8.1.4 US Telecom Service Assurance Market by Organization Size
- 8.2 Canada Telecom Service Assurance Market
- 8.2.1 Canada Telecom Service Assurance Market by Component
- 8.2.1.1 Canada Telecom Service Assurance Market by Solution Type
- 8.2.2 Canada Telecom Service Assurance Market by Operator Type
- 8.2.3 Canada Telecom Service Assurance Market by Deployment Type
- 8.2.4 Canada Telecom Service Assurance Market by Organization Size
- 8.3 Mexico Telecom Service Assurance Market
- 8.3.1 Mexico Telecom Service Assurance Market by Component
- 8.3.1.1 Mexico Telecom Service Assurance Market by Solution Type
- 8.3.2 Mexico Telecom Service Assurance Market by Operator Type
- 8.3.3 Mexico Telecom Service Assurance Market by Deployment Type
- 8.3.4 Mexico Telecom Service Assurance Market by Organization Size
- 8.4 Rest of North America Telecom Service Assurance Market
- 8.4.1 Rest of North America Telecom Service Assurance Market by Component
- 8.4.1.1 Rest of North America Telecom Service Assurance Market by Solution Type
- 8.4.2 Rest of North America Telecom Service Assurance Market by Operator Type
- 8.4.3 Rest of North America Telecom Service Assurance Market by Deployment Type
- 8.4.4 Rest of North America Telecom Service Assurance Market by Organization Size
- Chapter 9. Company Profiles
- 9.1 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Product Launches and Product Expansions:
- 9.2 Nokia Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.2.5.2 Product Launches and Product Expansions:
- 9.3 Hewlett Packard Enterprise Company
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.5.2 Product Launches and Product Expansions:
- 9.3.6 SWOT Analysis
- 9.4 IBM Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional & Segmental Analysis
- 9.4.4 Research & Development Expenses
- 9.4.6 SWOT Analysis
- 9.5 NEC Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Product Launches and Product Expansions:
- 9.5.5.3 Acquisition and Mergers:
- 9.5.5.4 Geographical Expansions:
- 9.5.6 SWOT Analysis
- 9.6 Ericsson AB
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Product Launches and Product Expansions:
- 9.6.5.3 Acquisition and Mergers:
- 9.7 Amdocs Limited
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.5.2 Acquisition and Mergers:
- 9.8 Comarch S.A.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.9 Accenture PLC
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.5.2 Acquisition and Mergers:
- 9.10. Broadcom, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.6 SWOT Analysis
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