SS7 Market Size

Market Size Snapshot

Note – Market size depicts the revenue generated over the financial year

The SS7 market is currently valued at $ 0.4 billion for 2023, and is expected to grow to $ 0.6 billion in 2032. The CAGR for this period is 3.65%. The growth of the market is mainly due to the growing demand for reliable and efficient telecommunications services, the evolution of mobile networks and the Internet of Things (IoT). As telecommunications networks continue to evolve, the need for a reliable signaling system like SS7 increases to support better connections and services. Also, the development of 5G networks requires advanced signaling systems to cope with the complexities of high-speed data transmission and low-latency communications. The growing focus on security has led operators to invest in SS7 solutions to reduce the vulnerability of the signaling system to attacks. The main players in the SS7 market, such as Ericsson, Nokia and Huawei, are actively pursuing strategic initiatives, such as strategic alliances and product innovations, to enhance their offerings and capture a larger market share.

Regional Market Size

Regional Deep Dive

The SS7 market is characterized by its critical role in the telecommunications industry, enabling communication and signaling between networks. In North America, the market is driven by the growing demand for mobile services and the development of 5G networks, which require reliable signaling systems. In addition, the region is home to many leading players and advanced SS7 technology that enhances the efficiency and security of the signaling system, making it a key market for telecommunications infrastructure.

Europe

• A new data protection regulation (GDPR) also has an effect on how SS7 data is managed and secured. This has increased the demand for compliance solutions in the SS7 market.
• Telecom operators in Europe are collaborating on initiatives to enhance SS7 security, with organizations like GSMA advocating for best practices and standards to mitigate risks associated with SS7 vulnerabilities.

Asia Pacific

• The rapid growth of mobile subscribers in Asia-Pacific has led to a surge in demand for SS7 services, particularly in countries like India and China, where telecom infrastructure is rapidly evolving.
• Innovative startups in the region are developing advanced SS7 monitoring and security solutions, addressing the unique challenges posed by the diverse telecommunications landscape in Asia-Pacific.

Latin America

• Latin America is experiencing a digital transformation, with governments promoting initiatives to improve telecommunications infrastructure, which is positively impacting the SS7 market.
• Key players in the region, such as América Móvil, are investing in modernizing their SS7 systems to enhance service delivery and customer satisfaction, aligning with global trends in telecommunications.

North America

• The United States, which has a system of communications called SS7, has just adopted new regulations for the security of this system, aimed at removing the weaknesses that have been exploited in the last few years. This change in the law will lead to an increase in the investment in security solutions and the general integrity of the network.
• Major telecommunications companies like AT&T and Verizon are investing heavily in upgrading their SS7 infrastructure to support the transition to 5G, which is anticipated to enhance service delivery and customer experience significantly.

Middle East And Africa

• The Middle East and Africa are witnessing significant investments in telecommunications infrastructure, with governments and private sectors focusing on enhancing connectivity, which is driving the demand for SS7 services.
• Regional telecom operators are increasingly adopting cloud-based SS7 solutions to improve scalability and reduce operational costs, reflecting a shift towards more flexible and efficient network management.

Did You Know?

“Despite its critical role in telecommunications, SS7 was developed in the 1970s and has remained largely unchanged, making it vulnerable to modern cyber threats.” — Telecommunications Industry Association (TIA)

Segmental Market Size

The SS7 market is a vital part of the telecommunications industry, it is the backbone of the signaling and control of mobile and fixed-line networks. The SS7 market is currently stable, with steady growth driven by the increasing demand for secure and efficient communications systems. This is driven by the growth in mobile data traffic and the need for robust security measures against fraud and cyber-attacks. Also, regulatory measures, such as the introduction of stricter security regulations, are contributing to the importance of the market. The SS7 market is in a mature stage of development. The market leaders, such as Ericsson and Nokia, have a strong position and are investing heavily in the development of SS7 solutions in various regions, especially North America and Europe. The main applications are the routing of calls, the delivery of SMS messages and mobile roaming, which are essential for the provision of a uniform and secure connection. A number of trends, such as the increased focus on security and the emergence of 5G, are driving the development of SS7 technology. The innovations in SS7 signaling security and network monitoring tools are influencing the development of the SS7 market, enabling telecommunications operators to manage and secure their networks.

Future Outlook

The SS7 market is set to grow steadily from 2023 to 2032, with an estimated market value increase from $4.4 billion to $6.1 billion, resulting in a CAGR of 3.65%. The market is expected to be driven by the growing demand for secure and efficient telecommunications systems and the increasing penetration of mobile and IoT devices, which depend on SS7. Also, with the ongoing network enhancements by mobile operators and service providers, the SS7 technology is expected to penetrate the market significantly, with an estimated penetration of 75% of the global telecommunications network by 2032. Furthermore, the integration of SS7 into next-generation networks and the implementation of enhanced security measures to address the growing security risks are expected to further drive the market. Also, regulatory initiatives to enhance the security and interoperability of telecommunications systems are expected to drive the market growth. Also, the emergence of 5G and the increasing focus on network slicing and virtualization are expected to play a key role in shaping the future landscape of the SS7 market and ensuring its relevance and adaptability to the evolving digital environment.