Telecom service assurance market categorizes the global market by software as probe monitoring, fault & event management, quality & service management, network performance monitoring, and workforce management, by service, by organization size, by deployment type & by geography.
Seattle, WA -- (SBWIRE) -- 04/24/2017 -- The key forces driving the telecom service assurance market include need for high optimization & increased cost savings, voluminous increase in the number of subscribers, and ability to measure the performance of a service & Quality-of-Service (QoS). Moreover, with the subsequent increase in the adoption rate of cloud service assurance, the telecom service assurance market is expected to gain major traction during the forecast period.
Download PDF Brochure - http://www.marketsandmarkets.com/pdfdownload.asp?id=202411888
Probe monitoring software is expected to have the largest market share in 2016.
The probe monitoring software is an important part of the telecom service assurance ecosystem. Probe monitoring helps the clients to check the network and applications for any discrepancy as a method of pre-intimation. The demand in this segment is largely driven by infrastructure network upgrades, triple digit growth of data services in the developed economies, and a robust subscriber growth in the emerging markets.
Managed services segment is expected to grow at the highest rate during the forecast period.
The managed services segment in the telecom service assurance market is expected to grow at the highest rate during the forecast period. Various managed services, such as Information Technology (IT) outsourcing, business process outsourcing, and delivery management help in a fast and smooth operational flow for the Communication Service Providers (CSPs), thereby reducing their operational cost. Small and Medium Enterprises (SMEs) are increasingly getting inclined towards outsourcing services to support their business requirements to focus on their core business functions. Thus, these services not only help the client in streamlining its business process but also negate the hassles of operations, thereby increasing the efficiency and profitability for the clients.
North America is expected to contribute to the largest market share; Asia-Pacific to grow the fastest.
North America is expected to hold the largest market share and dominate the telecom service assurance market from 2016 to 2021, owing to the early adoption of new & emerging technologies, and the presence of large number of players in this region. Growth in this region is driven by the expansion of Long-Term Evolution (LTE) networks in the region. CSPs are looking for new innovative solutions to standardize their new 4G/LTE business models, provide better customer service, and measure the service quality & performance. The Asia-Pacific (APAC) region is in the initial growth phase; however, it is the fastest growing region for the global telecom service assurance market. The key reason for the high growth rate in APAC is the enormous population of this region, which has led to an extensive pool of subscriber base for the telecom companies.
The major vendors providing telecom service assurance solutions are CA Technologies (New York, U.S.), Ericsson (Kista, Stockholm), Hewlett Packard Enterprise (HPE) Company (California, U.S.), NEC Corporation (Tokyo, Japan), Nokia Corporation (Espoo, Finland), Accenture (Chicago, Illinois, U.S.), Amdocs Inc. (Missouri, U.S.), Comarch S.A. (Kraków, Poland), Huawei Technologies Co. Ltd. (Shenzhen, China), IBM (New York, U.S.), MYCOM OSI (Berkshire, U.K.), NetScout Systems, Inc. (Massachusetts, U.S.), Oracle Corporation (California, U.S.), Spirent Communications PLC (Crawley, U.K.), Tata Consultancy Services Limited (Mumbai, India), TEOCO Corporation (Virginia, U.S.), Viavi Solutions Inc. (California, U.S.), and ZTE Corporation (Shenzhen, China).
For More Info - http://www.marketsandmarkets.com/Market-Reports/telecom-service-assurance-market-202411888.html
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets