Signaling System 7 (SS7) Market 2018: Analytical Overview, Development Strategy, Key Players, Regional Trends, Opportunities, Competitive Landscape and Potential of the Industry Till 2023

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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.

Overview:

Signaling system 7 market is getting much traction worldwide from the telecommunication industry. The system is required to set up most of the world’s public switched telephone network (PSTN) phone calls. The global signaling system 7 market is expecting a steady growth of 2.93% CAGR during the forecast period (2017-2023) and can reach USD 685.3 million valuation by 2023, reports Market Research Future (MRFR). The report further includes drivers such as the shift to an intelligent network which increased the reliability of the network, gradual negation of asynchronous transfer mode (ATM), migration to internet protocol (IP) and increasing demand for short message service center (SMSC) and message service center (MSC).

However, network security, for quite some time now, has become a matter of concern as cyber breaches often lead to leaking of personal information which can substantially affect the market. At the same time, roaming poses some complexity which the signaling system 7 is yet to solve. These irritants could defer the signaling system 7 market growth considerably.

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Market Insight:

The global signaling system 7 market is witnessing a head-to-head competition among companies who are influencing the market substantially. Strategies they employ mostly involve mergers, acquisitions, collaborations, new product launch, and other methods. For instance, Sangoma Technologies Corporation, a provider of various network-based solutions is acquiring essentials from Converged Communication Division from Dialogic Corporation. Sonus Networks transformation into Ribbon Communications, following a merger with GENBAND, can be considered exemplary.

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.

Signaling System 7 Market – Segments

The Signaling System 7 Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

  • Segmentation by Types: Comprises Access Link, Bridge Link, Cross Link, Diagonal Link, Extended Link, Fully Associated Link
  • Segmentation by Application: Comprises Industrial, Medical and Healthcare, IT and Telecom, Aerospace and Defence, Oil & Gas, Chemical.
  • Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.

Signaling System 7 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.

Industry Trend:

ALTEN Calsoft Labs’ signaling system 7 (SS7) solutions has come up with solutions such as oversight detect, oversight protect, and oversight penetration testing SS7 to counter problems related to Daniel of Service (DoS) attack, geolocation, call interception, payment scam, and discount SMS scam.

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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

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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