SS7 Market Share

SS7 Market Share Analysis

The rapid growth of the SS7 market is fueled by advancements in technology. The transition to intelligent networks has significantly enhanced the overall reliability of the telecommunications network. The increasing adoption of Signaling System 7 (SS7) over asynchronous transfer mode (ATM) is playing a crucial role in driving market expansion. However, challenges such as roaming complexity and concerns about network security could potentially impede this otherwise robust growth.

Market analysis conducted by MRFR reveals that the trajectory of the global SS7 market hinges on various market conditions. Key players in this market landscape include Mitel Networks Corporation (Canada), Oracle Corporation (US), Tieto (Finland), Ribbon Communications (US), NetNumber Inc (Netherlands), Ericsson AB (Sweden), Huawei Technologies Co., Ltd (China), Dialogic Corporation (US), TNS Inc (US), and PCCW Global (Hong Kong).

In the year 2018, the SS7 firewall segment emerged as the dominant player, securing the largest market share at 53.6% and boasting a value of USD 495.7 million. Projections indicate that this segment is poised to maintain its lead with the highest expected growth rate (CAGR) of 5.2% during the forecast period. The solution segment, the second-largest market in 2018, held a value of USD 366.1 million, with a projected CAGR of 1.4%. North America spearheaded the market share at 35.7% in 2018, registering a value of USD 329.5 million, and is forecasted to continue its growth trajectory with a CAGR of 2.8%. Europe, the second-largest market in 2018, recorded a value of USD 239.8 million and is expected to experience a CAGR of 2.3%. Notably, the Middle East & Africa market is anticipated to exhibit the highest growth rate at 4.1%. This signifies a promising landscape for the SS7 market, underlining its potential for sustained growth in diverse regions. In 2018, North America was at the forefront of the SS7 market. However, the Asia-Pacific region is predicted to grow the fastest from 2019 to 2025. Europe is expected to be the second-largest player in the SS7 market in 2018 based on market share.