Signaling System 7 (SS7) Market Size, Share, Emerging Technologies, Business Growth, Sales Revenue, Opportunity Assessment, Competitive Landscape and Regional Forecast 2023

Market Research Future published a research report on “Signaling System 7 (SS7) Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Pune, India - April 9, 2019 /MarketersMedia/ —

Global Signaling System 7 Market Overview

A signaling system 7 refers to a set of reserved or dedicated channels called signal links. It is a set of signaling protocols which is used to set up and tear down calls in many public switched telephone networks (PSTN) across the globe. There are three types of network signaling points namely, service switching points (SSPs), service control points (SCPs), and signal transfer points (STPs). SSPs set up or terminate a call and communicate with SCPs on the SS7 network to understand how to route a call or set up another special feature. Signal transfer points (STPs) route the SS7 network traffic. Service control points (SCPs) and service transfer points (STPs) generally copulate to confirm seamless network services even if one of the network points fails.

The Signaling System 7 Market is anticipated to garner a revenue of USD 685.3 mn by the end of the forecast period, as stated in the latest report published by Market Research Future. The global signaling system 7 market is witnessing surging growth due to proliferation observed in the telecommunications industry. High value calls permitted by the SS7, high-speed communication, and the dependability on SS7 are some of the factors heavily contributing to the growth of the global signaling system 7 market. Further, the prevalence of a large volume of handsets in the market has propelled the need for SS7 adoption, contributing majorly to the expansion of the signaling system 7 market. Additionally, a shift towards an intelligent network, gradual negation of the asynchronous transfer mode, and migration to internet protocol (IP) are some of the factors that are further propelling growth in the SS7 market. The global SS7 market is predicted to register a steady growth rate of 2.93% during the assessment period.

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Key Players

The prominent players in the market of SS7 market are – Dialogic Inc (U.S.), Ericsson AB (Sweden), Sonus Networks, Inc (U.S.), Tieto Oyj (Finland), NetNumber, Inc (U.S.), Oracle Corporation (U.S.), Mitel Networks (Canada) and Huawei Technologies Co. Ltd (China) among others.

Market Segmentation

The global signaling system 7 market is segmented on the basis of application and type. By application, the signaling system 7 market is segmented into medical and healthcare, industrial, it and telecom, oil & gas, chemical, and aerospace and defense. Based on type, the global signaling system 7 market has been segmented into bridge link, access link, cross-link, diagonal link, fully associated link, and extended link.

Detailed Regional Analysis

The global signaling system 7 market is regionally segmented into the Asia Pacific (APAC), the Middle East and Africa (MEA), Europe, and North America. North America accounted for the largest signaling system 7 market share on the basis of revenue, garnering 249.6 million in 2016. The Asia Pacific is predicted to provide latent growth opportunities for SS7 due to rapid development in technologies and the presence of many industrial sectors that are potential adopters of signaling system 7. Countries in the Asia Pacific are expected to garner the highest growth rate during the forecast period of 2016-2022. The Asia Pacific is estimated to register a CAGR of 3.75% owing to factors such as increased demand for SS7 in tech-based industries, irreplaceability of SS7 and rising investments for SS7 by various network operators in the region.

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Intended Audience

• Manufacturers and Suppliers
• Distributors
• SS7 Technology Solution Providers
• Research firms
• Consultancy firms
• Semiconductor Manufacturing Companies
• Stakeholders
• End-user sectors
• Technology Investors

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Contact Info:
Name: Abhishek Sawant
Organization: Market Research Future
Website: https://www.marketresearchfuture.com

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Source: MarketersMedia

Release ID: 500237