Global Telecom Service Assurance Market Size & Outlook
The telecom service assurance industry worldwide is expected to reach a projected revenue of US$ 17,997.4 million by 2030. A compound annual growth rate of 9.3% is expected of the worldwide telecom service assurance industry from 2024 to 2030.
Revenue, 2023 (US$M)
$9,669.8
Forecast, 2030 (US$M)
$17,997.4
CAGR, 2024 - 2030
9.3%
Report Coverage
Worldwide
Global telecom service assurance market, 2018-2030 (US$M)
Global telecom service assurance market highlights
- The global telecom service assurance market generated a revenue of USD 9,669.8 million in 2023 and is expected to reach USD 17,997.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.3% by 2030.
- In terms of segment, solution accounted for a revenue of USD 9,669.8 million in 2023.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 9,669.8 million |
| Market revenue in 2030 | USD 17,997.4 million |
| Growth rate | 9.3% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
Other key industry trends
- In terms of revenue, the North America accounted for 29.6% of the global telecom service assurance market in 2023.
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Telecom Service Assurance Market Scope
Telecom service assurance market segmentation & scope
Network Management
Workforce Management
Fault Management
Quality Monitoring
Others
Service
Professional Services
Managed Services
Operator
Mobile Operator
Fixed Operator
Deployment
On Premise
Cloud
Enterprise Size
Large Enterprises
Small & Medium Enterprises
Countries
U.S.
Canada
Mexico
UK
France
Italy
Spain
Sweden
Norway
Denmark
Germany
China
India
Japan
Thailand
South Korea
Australia
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Telecom Service Assurance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global telecom service assurance market size, by regions, 2018-2030 (US$M)
Related regional statistics
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