The report profiles major players in this rapidly evolving market. these players include Accenture, JDSU, CA Technologies, Ericsson, and such others.
(PRWEB) March 04, 2015
This report on the Telecom Service Assurance Market estimates the global market to be worth $4.59 billion by the end of the year. Apart from the revenue forecasts, the report also provides details about the growth trends and business opportunities for the key industry players.
Browse Telecom Service Assurance Market through In-depth TOC, figures and data tables spread through over 137 report pages.
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Apart from voice communication the global market is constantly looking for various other ways of communication. This is creating numerous growth opportunities for the segments like service assurances in the telecommunication industry. Services deployed on broad frequency range require high quality data services. Telecom service assurance helps the businesses with providing high quality data services. According to the report rising demand from different parts of the world is the primary driving factor for the global telecom service assurance market.
According to this MarketsandMarkets report rise in the rate of adoption of various services such as Internet Protocol Television (IPTV) and Video on Demand (VOD) are creating demand for the telecom service assurance. The global telecom market is also witnessing impressive rise in demand for the Voice over IP (VoIP) and various Value-Added Services (VAS). All these factors are expected to create major growth opportunities for the established players in this market.
According to the report, growing use of value added services and growing acceptance of the services from the CSPs are also expected to provide vital traction to the global telecom service assurance market. As explained in the report rapid growth in digitization is expected to drive this market over the next few years. The report also profiles major vendors in this market. According to the report these players are spending heavy investments on research and development activities. This factor is expected to influence growth in this market.
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According to the report the global telecom service assurance market is anticipated to witness growth at a projected CAGR of around 7.6% from 2014 to reach $4.59 billion by the end of 2019.
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