How big is the Telecom Service Assurance Market?

The Telecom Service Assurance Market size is expected to reach USD 11.13 billion in 2024 and grow at a CAGR of 10.04% to reach USD 17.97 billion by 2029. Read More

What is the current Telecom Service Assurance Market size?

In 2024, the Telecom Service Assurance Market size is expected to reach USD 11.13 billion. Read More

Who are the key players in Telecom Service Assurance Market?

Nokia Corporation, Broadcom Inc. (CA Technologies Inc.), Cisco Systems, Inc., Tata Consultancy Services Limited and Accenture PLC are the major companies operating in the Telecom Service Assurance Market. Read More

Which is the fastest growing region in Telecom Service Assurance Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Telecom Service Assurance Market?

In 2024, the North America accounts for the largest market share in Telecom Service Assurance Market. Read More

What years does this Telecom Service Assurance Market cover, and what was the market size in 2023?

In 2023, the Telecom Service Assurance Market size was estimated at USD 10.01 billion. The report covers the Telecom Service Assurance Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Telecom Service Assurance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Telecom Service Assurance Market - Size, Share & Industry Analysis

Telecom Service Assurance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Telecom Service Assurance Market Reoprt is Segmented by Component Type (Systems Type (Probe System, Network Management, Workforce Management, Fault Management, Quality Monitoring, and Other System Types) and Services Type (Professional Services and Managed Services)), Deployment Type (On-Premise and Hosted) and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

Telecom Service Assurance Industry Overview

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.