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Telecom Service Assurance Market Growth Potential & Forecast, 2032

The telecom service assurance market is anticipated to witness robust growth by 2028 owing to rising adoption of IoT technology and 5G services in operation support system (OSS). Additionally, rising demand for real-time analysis to ensure low latency, competitive pressure to optimize, and mounting requirement to enhance ecosystem silos is likely to further support market growth through the forecast timeline.

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Telecom Service Assurance Market Growth Potential & Forecast, 2032

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  1. Telecom Service Assurance Market Growth Analysis & Forecast Report | 2023-2032

  2. Industry Insights • The telecom service assurance market is anticipated to witness robust growth by 2028 owing to rising adoption of IoT technology and 5G services in operation support system (OSS). Additionally, rising demand for real-time analysis to ensure low latency, competitive pressure to optimize, and mounting requirement to enhance ecosystem silos is likely to further support market growth through the forecast timeline. • Recently, market players have been focusing on implementing effective strategies to gain a competitive edge in the market, which has improved the overall industry outlook. For instance, in December 2021, Anritsu Corporation, a Japan-based multinational firm in the telecommunications electronics equipment space, verified the improved, industry-first User Equipment and Network Slicing energy efficient Protocol Conformance Tests for the 5G NR (New Radio) Standalone.

  3. The equipment was tested on the ME7834NR platform, the 5G NR Mobile Device Test Platform, which runs on the Snapdragon X65 5G modem, the first-of-its-kind 16 Modem-RF System. As a result, increasing availability of innovative products in the market has positively impacted the product landscape. • The telecom service assurance market has been bifurcated in terms of operator type, component, deployment model, and region. Based on component, the market has been segregated into solution and services. Under solution, the market has further been divided into fault management, service monitoring, performance management, service assurance analytics, and others.

  4. Regional Analysis Latin America telecom service assurance market is anticipated to witness substantial growth by 2028, registering a CAGR of over 10% through the forecast period. Surging adoption of advanced services assurance solutions is foreseen to promote product uptake in LATAM over the following years. Meanwhile, the Middle East & Africa telecom service assurance industry is projected to grow at approximately 5% CAGR through the review timeline due to prevalent strategic collaborations among key players to enhance service quality and customer experience. • Competitive Analysis • Accenture PLC Anritsu, Amdocs, Broadcom Inc., Cisco Systems, Comarch S.A., Commscope, Enghouse Networks, Ericsson, EXFO, Hewlett Packard Enterprise Development (HPE), Huawei Technologies, IBM Corporation, Infovista, Intracom Telecom

  5. Telecom Service Assurance Market @ https://www.gminsights.com/industry-analysis/telecom-service-assurance-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/5185 Request for customization: https://www.gminsights.com/roc/5185

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