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Global Telecom Analytics Market 2021 analysis with Key Players, Applications, Trends and Forecasts

Telecom Analytics

The report focuses on the favorable Global “Telecom Analytics market” and its expanding nature. The Telecom Analytics market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The global telecom analytics market is poised to grow at a CAGR of 32.75% during the forecast period (2019-2024). The need for reducing churn is more than ever important as the competition is increasing with the occurrence of new entrants, who provide lucrative deals that are generally inexpensive than that of the incumbents.
  • – The telecom analytics market combines many sophisticated business intelligence (BI) technologies, which satisfy the complex demands of the telecom industry. These include developing sales, reducing churn and deception, enhancing risk management, and decreasing operational costs.
  • – Telecom analytics service is expected to be hosted majorly on the cloud, because of a large number of mobile users in every region. Cloud hosting is also set to expand further, as more CSPs are adopting this, due to the expanding consumer base.
  • – Due to the proliferation of smart devices and increasing use of IP networks, the telecom industry is experiencing a resurgence of communications fraud. As attacks can come from any source at any moment, frauds have emerged as the most troublesome problem for the telecom market, demanding security.
  • – Owing to this, authorities are initiating regulations for telecom sector safety. In India, the Telecom Regulatory Authority of has issued stringent rules and penalties for failing to meet the voice quality benchmark. It is expected to increase the demand for network analytics solutions in the country.

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    Key Manufacturers

  • Dell Inc.
  • Oracle Corporation
  • IBM Corporation
  • SAP SE
  • Microsoft Corporation
  • InfoFaces Inc.
  • Accenture Plc.
  • Huawei Technologies Co. Ltd.
  • Teradata Corporation
  • Wipro Limited
  • Nokia Corporation

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Telecom Analytics market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Telecom Analytics market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Telecom Analytics market have also been involved in the study.

    Scope of the Report:

  • Telecom analytics is a type of business intelligence specifically applied and packaged to satisfy the complex needs of telecommunication organizations. Telecom analytics is aimed at decreasing operational costs and maximizing profits by increasing sales, reducing fraud and improving risk management.

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    TOC of Telecom Analytics Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Telecom Analytics market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Telecom Analytics Market Report Covered:

    • The report analyses how Telecom Analytics market will grow in the future.
    • Analyzing various perspectives of the Telecom Analytics market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Telecom Analytics market shares and policies employed by the major market players.
    • Competitive landscape including the Telecom Analytics market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Telecom Analytics market players

    Key Market Trends:

    Network Analytics Segment to Hold Significant Market Share

    – The network analytics feature brings visibility to the performance and behavior of the data center infrastructures This feature collects data and analyzes the latter using sophisticated algorithms.
    – The rapid growth in global IP traffic and advent of 5G is expected in upcoming years will drive network communications making them an essential component of every business model for a communications company. Thus, network reliability and eliminating disruptions are expected to be a priority for many companies, thus, driving the demand for network analytics.
    – The new generation of network analytics abilities can support better capacity planning and traffic management, with increasing mobile connections worldwide, major players are trying to provide more efficient service assurance to deliver a customer experience that reduces subscribers churn and increases revenues.

    North America to Hold the Largest Market Share

    – The is one of the largest markets for telecom analytics. Moreover, the country is home to some of the major players in the telecom analytics, which makes it a lucrative hub for innovation in the market.
    – The demand for technology in various industries is expected to drive the telecom analytics market at a faster pace in the North American region.
    – Moreover, North America has some of the world’s largest cellular service providers, who rely excessively on consumer feedback. Thus, by opting for telecom analytics, CSPs in the region can provide better quality service at high efficiency.
    – Verizon, a telecommunications major in the United States, has deployed a variety of analytics and AI groups around the company. For instance, Data Science and Cognitive Intelligence group focuses on applying analytics and cognitive technology to Verizon’s interactions with customers. With other companies to follow this trend, the demand for customer analytics solutions is expected to increase.

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    Study objectives of Telecom Analytics Market Report:

    • To provide a detailed analysis of the market structure along with the Telecom Analytics market forecast of various segments and sub-segments of the Telecom Analytics market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Telecom Analytics market trends that influence the global Telecom Analytics market

    Detailed TOC of Telecom Analytics Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Need to Prevent Customer Attrition
    4.3.2 Increasing Vulnerability to Fraudulent Activities
    4.4 Market Restraints
    4.4.1 Lack of Awareness Among Telecom Operators
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Application
    5.1.1 Customer Analytics
    5.1.2 Network Analytics
    5.1.3 Market Analytics
    5.1.4 Price Analytics
    5.1.5 Service Analytics
    5.1.6 Other Applications
    5.2 By Deployment
    5.2.1 Cloud
    5.2.2 On-premise
    5.3 Geography
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia-Pacific
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Dell Inc.
    6.1.2 Oracle Corporation
    6.1.3 IBM Corporation
    6.1.4 SAP SE
    6.1.5 Microsoft Corporation
    6.1.6 InfoFaces Inc.
    6.1.7 Accenture Plc.
    6.1.8 Huawei Technologies Co. Ltd.
    6.1.9 Teradata Corporation
    6.1.10 Wipro Limited
    6.1.11 Nokia Corporation

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

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