US SS7 Market Overview
The demand for SS7 (Signaling System 7) in the United States region is driven by several key factors, reflecting a robust and mature market. With the highest market share in North America, the United States continues to be a significant player in the SS7 market. One of the primary drivers of demand is the long-standing implementation of SS7 signaling in the country, spanning over three decades. This extensive history has led to a mature market in the U.S., characterized by a deep understanding of the technology and its applications. In North America, the United States has the biggest share of the market, and it's likely to stay that way for the next few years. The use of SS7 signaling has been around in the U.S. for more than thirty years, making the market there quite mature. The growth of this market is expected to slow down to 2.6% by the end of 2025. One reason for the popularity of SS7 is its support for Intelligent Network (IN) services, which need signaling to network elements without voice trunks, like database systems. It also helps in better control over fraudulent network usage. In 2018, the SS7 firewall segment had the largest market share at 53.1%, with a value of $137.2 million. It's expected to grow the fastest at a rate of 4.7% in the coming years. The solution segment was the second-largest in 2018, valued at $103.9 million, and it's projected to grow at a rate of 0.9%. North America had the biggest market share in 2018 at 35.7%, with a value of $329.5 million. It's estimated to grow at a rate of 2.8%. Europe was the second-largest market in 2018 at $239.8 million, and it's expected to grow at a rate of 2.3%. However, the Middle East & Africa market is expected to have the highest growth rate at 4.1%.
