SS7 is a set of telephony signaling protocols that are used to set up most of the world’s public switched telephone network (PSTN) telephone calls. SS7 primarily sets up and tears down telephone calls, but other uses include number translation, prepaid billing mechanisms, local number portability, short message service (SMS), and a variety of mass-market services. The factors contributing to the growth of the market are migration to intelligent network has increased the overall reliability of the network, increasing signaling system7 over asynchronous transfer mode (ATM), migration to IP and increasing demand for SMSC and MSC due to expansion of SMS drive. However, factors such as roaming complexity and lack of network security are hindering the growth of the SS7 Market.
Global SS7 Infrastructure Market study includes the value market size, and a detailed analysis of vendor products and strategies. The market is further segmented into type, application and regions. Signaling System No. 7 aka SS7 is the data communication protocol that are used to provide the underlying network to support the Intelligent Network. It also referred as out-of-band signaling, used for call handling within the telephone network and as the basis of Intelligent Network. SS7 signaling helps to telephone network management functions to work faster and reliable which helps to manage voice circuit function separately.
The global SS7 Market is expected to grow at USD 685.3 million by the end of year 2023 with 2.93% CAGR during forecast period 2017-2023.
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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.
Latest Industry News:
16th October 2017 SureVoIP, which specializes in using the internet to deliver telecoms ie VOIP has enhanced its software offering with a focus on integration with other systems. The business recently announced it had achieved the integration with Signalling System No.7 (SS7) telephony following an intensive 18-month process.
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 – 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.
Global Competitive Analysis
The trend for diversification in the industry has enabled the competitors to access the profitable circumstances accessible in this market are being applied by candidates who are trying to increase their market coverage by focused development which can encourage the expansion of this business sector. The merchandise are also being diversified to large extent to keep up with the robust pace of technological discoveries. The companies are trying to create and capture economic value together in an appropriate manner. This has raised the possibilities for the approaching growth period significantly. This consequence has further proven to be fruitful for companies so they can fix target that can uphold their commercial enterprise’s liquidity to take the most active decisions in terms of strategy execution and designing.
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- Manufacturers and Suppliers
- SS7 Technology Solution Providers
- Research firms
- Consultancy firms
- Semiconductor Manufacturing Companies
- End-user sectors
- Technology Investors
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
3.2 Market Inhibitors 19
3.2.1 Roaming Complexity 19
3.2.2 Lack Of Network Security 19
3.3 Porter’s Five Forces Analysis 20
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