Market Research Future published a research report on “Signaling System 7 (SS7) Industry Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Signaling System 7 (SS7) Market – Overview
Signaling system 7 (SS7) are excessively used as a set of telephony signaling protocols that are used as the base for setting up almost all of the public switched telephone network (PSTN) telephone calls around the globe. Market Research Future which focusses on market reports connected to the electronics and semiconductors sector amongst others recently made available a report on this sector. The Signaling System 7 (SS7) Industry globally is set to expand to achieve revenues of USD 685.3 million approx. by the end of year 2023 while growing with a 2.93 per cent CAGR during the forecast period.
The SS7 makes use of out of band signaling as earlier the signaling in trunks used to occur on an equivalent channel. In SS7 signaling occurs on wholly diverse channels save for the voice channels. The SS7 is a high speed communication protocol that permits high value call related services to be generated. The SS7 typically sets up and breaks down telephone calls however also can be utilized for services like short messaging service, number translation and a variety of other mass market services. The SS7 can develop successfully over the approaching year and will be an irreplaceable component of operator networks worldwide. The dependableness issue of SS7 is one among the foremost necessary reason for its growth and demand in such competitive market. The factors for the expansion of the marketplace for SS7 area unit the high volume of handsets that exist within the market that largely rely on the SS7 protocol, most of the users in the market also own over 1 hand set and more importantly the use of handsets has percolated in almost all levels of the population.
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Signaling System 7 (SS7) Industry Segments
The Signaling System 7 (SS7) Industry is categorized in to 3 main aspects which includes the basis of application, type and region.
- Segmentation by Application: Includes Medical and Healthcare, Industrial, IT and Telecom, Oil & Gas, Chemical, Aerospace and Defense.
- Segmentation by Types: Includes Bridge Link, Access Link, Cross Link, Diagonal Link, Fully Associated Link and Extended Link.
- Segmentation by Regions: Includes geographical regions such as North America, APAC, Europe and Rest of the World.
The prominent players in the market of Signaling System 7 (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.
Signaling System 7 (SS7) Market – Regional Analysis
The Global SS7 Signaling Transfer Point market is dived into four major geographies, namely America, Europe, Asia-Pacific and Middle East & Africa. The SS7 Signaling Transfer Point market was valued at USD 654.7 million in the year 2016. North America accounted for the largest market share with USD 249.6 million in 2016. The Asian region offers a huge growth potential for SS7 Signaling Transfer Point due to rapid technological development and existence of a large number of industries. Asian countries are slated to register the highest CAGR of 3.75% over the forecast period, 2016-2022, owing to increase demand in technology and investments by various network operator in the region.
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TABLE OF CONTENTS
1 Executive Summary
2 Research Methodology
2.1 Introduction 8
2.1.1 Definition 8
2.1.2 Research Objective 10
2.1.3 Assumptions 10
2.1.4 Limitations 10
2.2 Research Process 11
2.2.1 Primary Research 12
2.2.2 Secondary Research 12
2.3 Market Size Estimation 13
2.4 Forecast Model 14
3 SS7 Signaling Transfer Points Market Dynamics
3.1 Market Drivers 16
3.1.1 Migration To Intelligent Network Has Increased The Overall Reliability Of The Network 16
3.1.2 Increasing Signaling System7 Over Asynchronous Transfer Mode (ATM) 17
3.1.3 Migration To IP 17
3.1.4 Increasing Demand For SMSC And MSC Due To Expansion Of SMS Drive 18
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