The Telecom Service Assurance Global Market Report 2023 by The Business Research Company, provides telecom service assurance market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.


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According to The Business Research Company’s Telecom Service Assurance Global Market Report 2023, the market size will grow from $7.67 billion in 2022 to $8.59 billion in 2023 at a compound annual growth rate (CAGR) of 12.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the telecom service assurance is expected to grow to $13.22 billion in 2027 at a CAGR of 11.4%.

The advent of 5G technology is expected to propel the growth of the telecom service assurance market. 5G technology is the most recent iteration of cellular technology, designed to boost the speed and responsiveness of wireless networks dramatically. This technology creates a shift towards a digital lifestyle in the population.

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The telecom service assurance market is segmented:
1) By Component: Solution, Services

2) By Operator type: Mobile Operator, Fixed Operator

3) By System: Probe System, Network Management, Workforce Management, Fault Management, Quality Monitoring

4) By Deployment Type: On-Premises, Hosted, Cloud

The adoption of IoT-driven communication devices is a key trend gaining popularity in the telecom service assurance market. The Internet of Things (IoT) refers to physical items that are equipped with sensors, computing power, software, and other technologies and may communicate with other devices and systems over the Internet or other communication networks. In January 2022, Mavenir, a network software company, launched service distribution to foreign medical facilities through 5G slices. It will include virtual reality (VR) and artificial reality (AR), as well as the usage of virtual intelligent counseling agents (VICA) in applications such as remote patient care and surgery. In surgeries and remote patient care, a robust 5G network with low latency and great performance is necessary to carry out all of the following use cases and duties. In July 2020, Ericsson and U.S. Cellular announced today a multi-year arrangement for Ericsson to assist U.S. Cellular's 5G network implementation. Ericsson will offer U.S. Cellular with 5G New Radio (NR) hardware and software based on 3GPP specifications. This deal was made due to the increased number of users during the pandemic.

The telecom service assurance market report table of contents includes:
1. Executive Summary
2. Telecom Service Assurance Market Characteristics
3. Telecom Service Assurance Market Trends And Strategies
4. Telecom Service Assurance Market – Macro Economic Scenario
............
26. Africa Telecom Service Assurance Market
27. Telecom Service Assurance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Telecom Service Assurance Market
29. Telecom Service Assurance Market Future Outlook and Potential Analysis
30. Appendix

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