Signaling System Number Seven (SS7) Market is expected to Grow with a CAGR of 11.59% through 2029
The Signaling System Number Seven (SS7) Market is expected to grow due to the growing demand for reliable telecommunications infrastructure, with increased reliance on mobile networks, interconnectivity, and secure communication protocols, especially in mobile services and network management throughout the forecast period.
According
to TechSci Research report, “Signaling System Number Seven (SS7) Market – Global
Industry Size, Share, Trends, Competition Forecast & Opportunities,
2029F”, the Global Signaling System Number Seven (SS7) Market was valued at USD 1.23 billion in 2023 and is expected to grow at a CAGR of 11.59% during the forecast period. A significant trend in the SS7 market is the shift towards cloud-based SS7 solutions. Traditionally, SS7 was deployed in on-premise systems within telecom infrastructure, which often required significant capital investment, maintenance, and operational costs. However, with the growing adoption of cloud computing and the demand for more agile, scalable, and cost-effective solutions, many telecom operators are migrating their SS7 infrastructure to the cloud. Cloud-based SS7 solutions offer several advantages, including reduced infrastructure costs, enhanced scalability, and improved flexibility for network management. By leveraging the cloud, telecom operators can efficiently handle signaling traffic without the need for dedicated hardware, leading to reduced operational overhead. Additionally, cloud deployment enables seamless integration with other cloud-based services, such as customer relationship management (CRM) systems and data analytics platforms, enhancing the overall functionality of telecom networks. This transition also facilitates better disaster recovery capabilities, as cloud service providers offer robust backup solutions and high availability. With 5G networks and IoT applications increasingly relying on real-time communication and signaling, the ability to scale SS7 systems in the cloud to meet these demands is becoming essential. Furthermore, the move to the cloud supports the rapid deployment of new services and applications, allowing telecom providers to respond more quickly to changing market needs and consumer demands. The growing adoption of hybrid cloud environments, where both on-premise and cloud systems coexist, also contributes to the trend, as telecom operators look for ways to balance legacy SS7 infrastructure with new cloud technologies. This trend is expected to continue as cloud platforms evolve to offer enhanced security features, such as end-to-end encryption and advanced authentication mechanisms, making them an increasingly attractive option for telecom providers.
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the "Global Signaling System Number Seven (SS7) Market.”
Based on the End-User
Industry, Telecommunications segment held the largest Market share in 2023. The
Signaling System Number Seven (SS7) market in the telecommunications segment is
experiencing substantial growth driven by the increasing demand for efficient,
reliable, and secure communication networks. As the global telecommunications
industry expands, the need for robust signaling systems to support voice, data,
and multimedia services is becoming more critical. SS7 is the foundation for
mobile networks, ensuring seamless communication between different network
elements such as switches, routers, and databases. This technology enables
essential functions like call setup, routing, text messaging, and mobility
management, which are fundamental to the operations of telecom service
providers. The widespread adoption of mobile networks, including 4G and 5G, has
further amplified the demand for SS7-based infrastructure, as these
next-generation networks require efficient signaling systems to handle the
increased data traffic and ensure high-quality service delivery.
The growing adoption of IoT (Internet of Things) devices, which rely on mobile
networks for connectivity, is propelling the need for scalable and secure SS7
systems to handle the massive volume of connected devices. Another significant
driver is the rising need for network security in telecommunications. SS7, with
its highly standardized architecture, provides enhanced security and supports
features like fraud detection and secure communication between telecom
networks, which is essential in combating increasing cyber threats and ensuring
the protection of sensitive customer data. The rise in demand for mobile and
digital services, such as mobile banking, e-commerce, and video streaming, also
contributes to the market growth, as SS7 plays a pivotal role in managing the
signaling requirements of these applications. Furthermore, telecom operators
are continuously investing in upgrading their existing SS7 infrastructure to
support emerging technologies like 5G, which demands advanced signaling
protocols to manage complex network traffic and provide seamless service
experiences. The ongoing digital transformation within telecom companies is
another factor driving the SS7 market. As telecom service providers look to
enhance operational efficiency and reduce costs, SS7-based solutions enable
automation of network management, real-time monitoring, and optimized resource
allocation.
These capabilities are crucial as telecom companies strive to
improve their service offerings while managing the growing complexity of modern
networks. The increasing regulatory focus on ensuring communication network
reliability and service quality is also pushing telecom operators to upgrade
their signaling systems, further fueling the demand for SS7 solutions.
Moreover, the continuous advancements in signaling technology, including hybrid
SS7 and IP-based signaling solutions, are helping telecom operators to
integrate legacy SS7 systems with newer technologies, ensuring a smooth
transition to next-generation networks while maintaining operational
continuity. Overall, the growing demand for seamless connectivity, network
security, and the efficient handling of increased data traffic in the
telecommunications sector is expected to continue driving the SS7 market,
positioning it as a vital enabler for the ongoing evolution of global telecom
networks.
In terms of region, Europe is the fastest growing region in the Global Signaling System Number Seven (SS7) Market, largely driven by the region's advanced telecommunications infrastructure, high adoption of 5G networks, and growing demand for secure communication across industries. SS7 has been a cornerstone of telecommunications systems for decades, enabling reliable signaling for voice calls, text messages, and data routing. As Europe continues to modernize its telecommunications networks, there is a rising need to integrate legacy SS7 technology with newer protocols to ensure seamless communication between traditional and next-generation systems. This integration is essential to maintaining interoperability and managing increased data traffic across multiple communication platforms, which is especially important as Europe transitions to more sophisticated, data-intensive services.
Major
companies operating in the Global Signaling System Number Seven (SS7)
Market are:
- Huawei
Technologies Co., Ltd.
- Cisco
Systems, Inc.
- Nokia
Corporation
- Juniper
Networks, Inc.
- Qualcomm
Technologies, Inc.
- Ribbon
Communications Inc.
- Mavenir
Systems, Inc.
- Oracle
Corporation
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“The
Global Signaling System Number Seven (SS7) Market is expected to rise in the
upcoming years and register a significant CAGR during the forecast period. The
Signaling System Number Seven (SS7) market offers considerable growth
potential, driven by the ongoing expansion of telecommunications networks and
the rising demand for seamless communication services. As telecom providers
upgrade infrastructure to support 5G capabilities, SS7-based signaling
solutions remain essential for ensuring reliable call routing, SMS
functionality, and real-time communication management. Furthermore, the growing
adoption of Internet of Things (IoT) devices, mobile banking, and secure
communication services presents opportunities for SS7 systems to enable secure
data exchange and improve service reliability. The market is also poised to
benefit from advancements in network security, with SS7 technology playing a
key role in enhancing communication safety. Therefore, the Market of Signaling
System Number Seven (SS7) is expected to boost in the upcoming years.,” said
Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.
“Signaling
System Number Seven (SS7) Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, Segmented, By Deployment Type (On-premises, Cloud,
Hosted), By Protocol Support (SS7 ISUP, SS7 TCAP, SS7 SCCP, SS7 MTP), By
End-User Industry (Telecommunications, Banking & Finance, Transportation,
Healthcare, Government), By Application (Network Interconnection, Signaling
& Routing, Voice over IP (VoIP), Fraud Management, Roaming Services), By
Region, By Competition, 2019-2029F”,
has evaluated the future growth potential of Global Signaling System Number
Seven (SS7) Market and provides statistics & information on the Market
size, structure, and future Market growth. The report intends to provide
cutting-edge Market intelligence and help decision-makers make sound investment
decisions., The report also identifies and analyzes the emerging trends along
with essential drivers, challenges, and opportunities in the Global Signaling
System Number Seven (SS7) Market.
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