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.
Free Valuable Insights: The Global Telecom Service Assurance Market is Estimated to reach $12.5 Billion by 2028, at a CAGR of 9.7%
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
By Operator Type
- Fixed Operator
- Mobile Operator
By Deployment Type
By Organization size
- Large Enterprises
- Small & Medium Enterprises
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
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
TABLE 1 North America Telecom Service Assurance Market, 2018 - 2021, USD Million
TABLE 2 North America Telecom Service Assurance Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Telecom Service Assurance Market
TABLE 4 Product Launches And Product Expansions– Telecom Service Assurance Market
TABLE 5 Acquisition and Mergers– Telecom Service Assurance Market
TABLE 6 Geographical Expansions
TABLE 7 North America Telecom Service Assurance Market by Component, 2018 - 2021, USD Million
TABLE 8 North America Telecom Service Assurance Market by Component, 2022 - 2028, USD Million
TABLE 9 North America Solution Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Solution Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Telecom Service Assurance Market by Solution Type, 2018 - 2021, USD Million
TABLE 12 North America Telecom Service Assurance Market by Solution Type, 2022 - 2028, USD Million
TABLE 13 North America Fault & Event Management Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Fault & Event Management Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Performance Management Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Performance Management Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Quality & Service Management Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Quality & Service Management Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Intelligent Assurance & Analytics Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Intelligent Assurance & Analytics Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Telecom Service Assurance Market by Operator Type, 2018 - 2021, USD Million
TABLE 24 North America Telecom Service Assurance Market by Operator Type, 2022 - 2028, USD Million
TABLE 25 North America Fixed Operator Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Fixed Operator Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Mobile Operator Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Mobile Operator Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Telecom Service Assurance Market by Deployment Type, 2018 - 2021, USD Million
TABLE 30 North America Telecom Service Assurance Market by Deployment Type, 2022 - 2028, USD Million
TABLE 31 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 32 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Telecom Service Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 36 North America Telecom Service Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 37 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Telecom Service Assurance Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Telecom Service Assurance Market by Country, 2022 - 2028, USD Million
TABLE 43 US Telecom Service Assurance Market, 2018 - 2021, USD Million
TABLE 44 US Telecom Service Assurance Market, 2022 - 2028, USD Million
TABLE 45 US Telecom Service Assurance Market by Component, 2018 - 2021, USD Million
TABLE 46 US Telecom Service Assurance Market by Component, 2022 - 2028, USD Million
TABLE 47 US Telecom Service Assurance Market by Solution Type, 2018 - 2021, USD Million
TABLE 48 US Telecom Service Assurance Market by Solution Type, 2022 - 2028, USD Million
TABLE 49 US Telecom Service Assurance Market by Operator Type, 2018 - 2021, USD Million
TABLE 50 US Telecom Service Assurance Market by Operator Type, 2022 - 2028, USD Million
TABLE 51 US Telecom Service Assurance Market by Deployment Type, 2018 - 2021, USD Million
TABLE 52 US Telecom Service Assurance Market by Deployment Type, 2022 - 2028, USD Million
TABLE 53 US Telecom Service Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 54 US Telecom Service Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 55 Canada Telecom Service Assurance Market, 2018 - 2021, USD Million
TABLE 56 Canada Telecom Service Assurance Market, 2022 - 2028, USD Million
TABLE 57 Canada Telecom Service Assurance Market by Component, 2018 - 2021, USD Million
TABLE 58 Canada Telecom Service Assurance Market by Component, 2022 - 2028, USD Million
TABLE 59 Canada Telecom Service Assurance Market by Solution Type, 2018 - 2021, USD Million
TABLE 60 Canada Telecom Service Assurance Market by Solution Type, 2022 - 2028, USD Million
TABLE 61 Canada Telecom Service Assurance Market by Operator Type, 2018 - 2021, USD Million
TABLE 62 Canada Telecom Service Assurance Market by Operator Type, 2022 - 2028, USD Million
TABLE 63 Canada Telecom Service Assurance Market by Deployment Type, 2018 - 2021, USD Million
TABLE 64 Canada Telecom Service Assurance Market by Deployment Type, 2022 - 2028, USD Million
TABLE 65 Canada Telecom Service Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 66 Canada Telecom Service Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 67 Mexico Telecom Service Assurance Market, 2018 - 2021, USD Million
TABLE 68 Mexico Telecom Service Assurance Market, 2022 - 2028, USD Million
TABLE 69 Mexico Telecom Service Assurance Market by Component, 2018 - 2021, USD Million
TABLE 70 Mexico Telecom Service Assurance Market by Component, 2022 - 2028, USD Million
TABLE 71 Mexico Telecom Service Assurance Market by Solution Type, 2018 - 2021, USD Million
TABLE 72 Mexico Telecom Service Assurance Market by Solution Type, 2022 - 2028, USD Million
TABLE 73 Mexico Telecom Service Assurance Market by Operator Type, 2018 - 2021, USD Million
TABLE 74 Mexico Telecom Service Assurance Market by Operator Type, 2022 - 2028, USD Million
TABLE 75 Mexico Telecom Service Assurance Market by Deployment Type, 2018 - 2021, USD Million
TABLE 76 Mexico Telecom Service Assurance Market by Deployment Type, 2022 - 2028, USD Million
TABLE 77 Mexico Telecom Service Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 78 Mexico Telecom Service Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 79 Rest of North America Telecom Service Assurance Market, 2018 - 2021, USD Million
TABLE 80 Rest of North America Telecom Service Assurance Market, 2022 - 2028, USD Million
TABLE 81 Rest of North America Telecom Service Assurance Market by Component, 2018 - 2021, USD Million
TABLE 82 Rest of North America Telecom Service Assurance Market by Component, 2022 - 2028, USD Million
TABLE 83 Rest of North America Telecom Service Assurance Market by Solution Type, 2018 - 2021, USD Million
TABLE 84 Rest of North America Telecom Service Assurance Market by Solution Type, 2022 - 2028, USD Million
TABLE 85 Rest of North America Telecom Service Assurance Market by Operator Type, 2018 - 2021, USD Million
TABLE 86 Rest of North America Telecom Service Assurance Market by Operator Type, 2022 - 2028, USD Million
TABLE 87 Rest of North America Telecom Service Assurance Market by Deployment Type, 2018 - 2021, USD Million
TABLE 88 Rest of North America Telecom Service Assurance Market by Deployment Type, 2022 - 2028, USD Million
TABLE 89 Rest of North America Telecom Service Assurance Market by Organization Size, 2018 - 2021, USD Million
TABLE 90 Rest of North America Telecom Service Assurance Market by Organization Size, 2022 - 2028, USD Million
TABLE 91 key information – Huawei Technologies Co., Ltd.
TABLE 92 Key Information – Nokia Corporation
TABLE 93 key information – Hewlett Packard Enterprise Company
TABLE 94 Key information – IBM Corporation
TABLE 95 key information – NEC Corporation
TABLE 96 key information – Ericsson AB
TABLE 97 Key Information – Amdocs Limited
TABLE 98 key Information – Comarch S.A.
TABLE 99 Key information – Accenture PLC
TABLE 100 Key Information – Broadcom, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2020
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, JuL – 2022, Mar) Leading Players
FIG 6 Recent strategies and developments: Nokia Corporation
FIG 7 Recent strategies and developments: Hewlett-Packard Enterprise Company
FIG 8 SWOT analysis: Hewlett-Packard enterprise Company
FIG 9 Recent strategies and developments: IBM Corporation
FIG 10 Swot analysis: IBM Corporation
FIG 11 Recent strategies and developments: NEC Corporation
FIG 12 SWOT Analysis: NEC Corporation
FIG 13 Recent strategies and developments: Ericsson AB
FIG 14 Recent strategies and developments: Amdocs Limited
FIG 15 Recent strategies and developments: Accenture PLC
FIG 16 Recent strategies and developments: Broadcom, Inc.
FIG 17 SWOT Analysis: Broadcom, Inc.