Global Telecom Analytics Market- Industry Analysis and forecast 2019 – 2027Posted by rahul on March 11th, 2021 Global Telecom Analytics Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at XX% through 2020 to 2027, reaching nearly US$ 9.7 Bn. Global Telecom Analytics Market The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis. Definition: Telecom analytics is a type of thoroughly applied and packaged business intelligence (BI) to meet the multifaceted requirements of telecommunications organizations. The purpose of telecom analytics is to reduce operating prices and maximize profits by growing sales, optimizing risk management and reducing fraud. Market Dynamics: The report contains a detailed list of factors that will drive and restrain the growth of the global telecom analytics market. A major factor driving the telecom analytics market is the growing deployment of telecom analytics to lower churn and increase customer loyalty. Telecom analytics also holds significance in formulating cross-selling and up-selling strategies for products and service plans; thus helping companies in the industry to gain value from network assets. Telecom analytics is also being used to build better investor relationships and discover innovation pathways. However, lack of awareness regarding the telecom analytics among telecom operators is a major factor expected to restrain growth of the global telecom analytics market over 2019-2027. Also, high maintenance cost is another factor expected to hinder growth of the global market during the forecast period. On-going Trends: The report covers all the trends and technologies playing a major role in the growth of the telecom analytics market over the forecast period. The major trend observed in the telecom analytics market is growing adoption of mobile devices and increasing security concerns among consumers are expected to support growth of the global market over 2019-2027. Regional Analysis: North America telecom analytics market was valued at US$ XX.23 million in 2019 and is expected to reach a value of US$ XX.15 million by 2027, with a CAGR of XX% during the forecast period. This is because of high demand from the telecommunication sector and the adoption of new technologies in the market. Technical advancements and customer’s insistence on the digitization of the business is also one of the reasons behind market moving. Constant improvements are being focused by the producers to introduce a compact and cost-effective telecom analytics market globally. Market Segmentation: The report covers the segments in the telecom analytics market such as component, organization size, application, and deployment model. By deployment model, the cloud segment was valued at US$ XX.52 Mn. in 2019 and is expected to reach US$ XX.18 Mn. by 2027 at a CAGR of XX% during the forecast period. Cloud permits access to multiple users to share information through the internet. Data security, ease of access, faster deployment feature, and low maintenance cost are some of the reasons behind the growth of the telecom analytics market in the forecast period. Mergers and Acquisitions: The research study includes the profiles of leading companies operating in the global telecom analytics market. Such as, In July 2019, IBM acquired Red Hat, an international software company. The acquisition provided a full stack of services and software for helping the telcos and other service suppliers in the transition of their networks to cloud platforms. Product Launches / Expansions: In 2018, OpenText announced the OT2 platform, a next-generation hybrid-cloud platform. This platform brings automation, security, and EIM applications together in a unified platform. The platform allows the partners and clients in driving digital transformation through rapidly deploying and emerging powerful business applications. The objective of the report is to present a comprehensive analysis of the Global Telecom Analytics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Telecom Analytics Market dynamics, structure by analyzing the market segments and projects the Global Telecom Analytics Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Telecom Analytics Market make the report investor’s guide. visit at-https://www.maximizemarketresearch.com/market-report/global-telecom-analytics-market/64155/
Global Telecom Analytics Market, By Components • Software • Customer Management • On-premises • Large enterprises • Asia Pacific • IBM About Us: Maximize Market Research provides B2B and B2C market research on Like it? Share it! More by this author |