SS7 Market is Projected to Garner a Modest Valuation by 2025 Registering a 3.1% CAGR

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iCrowdNewswire   Jan 17, 2021  2:38 PM ET

The global SS7 market is garnering substantial traction continually. The market growth attributes to the rising demand for tear down telephone calls sets up and advanced solutions for prepaid billing mechanisms, local number portability, short message service (SMS), and various mass-market services. This SS7 technology is one of the key innovations in telecommunication, which further improves the operation of 2G and 3G connectivity.

The SS7 has diverse application areas, such as data center & enterprise networking, and industrial automation, which increases the size of the market.  Moreover, the increasing uptake of SS7 firewall, solutions, and devices offers ample scope of growth to the market and players. Augmenting demand for SS7 units from the burgeoning telecom industry positively impacts the market growth. Also, high bandwidth-switches would drive market growth exponentially.

Global SS7 Market   – Segments

The report is segmented into two dynamics:

By Component : SS7 Firewall, Solutions, and Devices.

By Regions North America, Asia Pacific, Europe, and the Rest-of-the-World.

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Global SS7 Market   – Competitive Analysis 

Highly competitive, the SS7 market appears fragmented due to the presence of several well-established players. Industry players incorporate strategies, such as mergers & acquisitions, collaborations, expansion, and product or technology launch. They compete based upon pricing, technology, reputation, and services. From the product development and sales perspective, players invest in R & D to develop a technology, brand building, and expand their reach to support their competitive position.

Major Players: 

Players leading the global SS7 market include Oracle Corporation (US), Mitel Networks Corporation (Canada), Tieto (Finland), Ribbon Communications (US), Ericsson AB (Sweden), NetNumber Inc. (Netherlands), Huawei Technologies Co., Ltd (China), TNS Inc. (US), Dialogic Corporation (US), and PCCW Global (Hong Kong), among others.

Industry/ Innovation/Related News: 

August 11, 2020 —- NetNumber, Inc. (the US), a leading provider of centralized signaling and routing control (CSRC) solutions to wireless & wireline telecommunications operators, launched its Guaranteed Caller™ family of standards-compliant STIR/SHAKEN solutions. Guaranteed Caller is a secure telephone identity revisited/secure handling of asserted information using tokens and the most comprehensive in the industry, extending guaranteed caller service provider to support TDM/SS7 networks.

Increasing numbers of communication service providers (CSPs) are to digitally sign calls from trusted callers in a way that cannot be tampered during the call flows through the network. The new Guaranteed Caller solution extends NetNumber’s previous solutions to address all commonly known trusted-call scenarios, while enabling legitimate callers to participate in the STIR/SHAKEN trust network, locking out fraudulent callers.

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