Market Share of Telecom Service Assurance Industry
The telecom service assurance market is highly fragmented due to the presence of both global players and small and medium-sized enterprises. Some of the major players in the market are Nokia Corporation, Broadcom Inc. (CA Technologies Inc.), Cisco Systems, Inc., Tata Consultancy Services Limited, and Accenture PLC. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- In November 2023, Cisco announced a new collaboration between Cisco ThousandEyes and Amazon CloudWatch Internet Monitor (CWIM), a new Internet monitoring service from Amazon Web Services (AWS). The integration allowed customers unparalleled visibility into their cloud deployments, enabling them to deliver optimized digital experiences. The new integration demonstrated Cisco’s commitment to its network assurance vision.
- In January 2024, in collaboration with Nokia and supported by the European Union’s research funds, Telia Finland explored the software-as-a-service (SaaS) model and public cloud environments for 5G standalone (SA). This initiative, named Sirius, aims to establish a 5G-SA network equipped with a specialized 5G core and mobile edge computing (MEC) infrastructure spanning cross-border highways and seaways.
Telecom Service Assurance Market Leaders
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Nokia Corporation
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Broadcom Inc. (CA Technologies Inc.)
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Cisco Systems, Inc.
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Tata Consultancy Services Limited
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Accenture PLC
*Disclaimer: Major Players sorted in no particular order
