Telecom Analytics Market Global Forecast to 2023 by Applications, Component, Deployment, Organization Size, Regional Analysis, Major Companies


News provided by

Shibuya Data Count

Feb 23, 2021, 09:30 EST


Shibuya-ku, Tokyo, Japan, Japan, Feb 23, 2021, 09:30 /Comserve / -- The telecom analytics market comprises major solution providers, such as SAP (Germany), Oracle (US), IBM (US), SAS Institute (US), Adobe (US), Cisco (US), Teradata (US), Micro Focus (UK), TIBCO (US), MicroStrategy (US), Tableau (US),

Need to reduce churn and retain customers to drive the growth of the market. MarketsandMarkets forecasts the global telecom analytics market to grow from USD 3.1 billion in 2018 to USD 6.0 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.3% during the forecast period. The growing need to reduce churn and retain customers, increasing demand for streamlined revenue management, and rising network attacks and online data security threats are propelling the growth of the telecom analytics market. However, the lack of awareness of telecom analytics among telecom operators is expected to limit the growth of the market.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106584

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The need for understanding customer requirements and delivering personalized targeted services to drive the customer management segment
Telecom companies across the globe are adopting analytics solutions for customer management, sales and marketing management, and network management. Customer management in the telecom analytics market encompass use of analytics across customer life cycle that includes customer segmentation, satisfaction, loyalty analytics, sentiment analysis, customer experience, customer lifetime value, churn analytics, behavior analytics, delinquency analytics, and credit scoring. With low margins and high competition, telecom service providers need to understand their customers, their changing interests and preferences, and create value-based offerings.
Rapid implementation, reduced operational cost, 24×7 data accessibility, scalability, and ease of use to drive the adoption of cloud-based telecom analytics solutions

The telecom analytics software can be deployed on-premises as well as on cloud as per business requirements. Cloud-based deployment provides organizations with increased scalability, speed, 24/7 services, and improved IT security. Cloud-based telecom analytics solutions present a cost-effective and efficient way to handle all analytics requirements of telecom service providers, especially SMEs. Furthermore, the current solution in the market effectively addresses the data governance and security concerns of the heavily regulated telecom industry, leading to an increased interest toward cloud solutions. In the cloud deployment model, the telecom analytics solution is offered as Software-as-a-Service (SaaS), and all the data and analytics workloads are cloud-based.

APAC to grow at the highest CAGR during the forecast period
APAC is an emerging region in terms of adopting telecom analytics software and services. China, India, Japan, and Australia are the major economies contributing to the exponential growth of the telecom analytics market in this region. The tremendous growth in the market involves the implication of exhaustive telecom analytics by CSPs to manage customer data and undertake better decision-making analytically. The ease in availability of competent analytical tools has enabled APAC countries to substantially contribute to the widespread adoption of telecom analytics.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the telecom analytics market.

  • By Company: Tier 1–22%, Tier 2–30%, and Tier 3–48%
  • By Designation: C-Level–30%, Director Level–45%, and Others–25%
  • By Region: North America–42%, Europe–26%, APAC–20%, and RoW–12%

The telecom analytics market comprises major solution providers, such as SAP (Germany), Oracle (US), IBM (US), SAS Institute (US), Adobe (US), Cisco (US), Teradata (US), Micro Focus (UK), TIBCO (US), MicroStrategy (US), Tableau (US), Panorama Software (Canada), Qlik (US), OpenText (Canada), Alteryx (US), and Sisense (US). The study includes the in-depth competitive analysis of these key players in the telecom analytics market with their company profiles, recent developments, and key market strategies.

Research coverage
The telecom analytics market revenue is primarily classified into revenues from software and services. The software revenue is associated with software and platform offerings, while the services’ revenue is associated with managed and professional services. The professional services comprise support and maintenance, consulting, and deployment and integration. The market is also segmented on the basis of software, services, organization size, deployment models, and regions.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106584

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

ey benefits of the report
The report would help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall telecom analytics market and its subsegments. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information about key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.3 MARKET SCOPE 18
1.4 MARKET SEGMENTATION 18
1.5 REGIONS COVERED 19
1.6 YEARS CONSIDERED FOR THE STUDY 19
1.7 CURRENCY CONSIDERED 20
1.8 STAKEHOLDERS 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.1.1 SECONDARY DATA 22
2.1.2 PRIMARY DATA 22
2.1.2.1 Breakup of primaries 22
2.1.2.2 Key industry insights 23
2.2 MARKET BREAKUP AND DATA TRIANGULATION 24
2.3 MARKET SIZE ESTIMATION 25
2.4 MARKET FORECAST 26
2.5 MICROQUADRANT RESEARCH METHODOLOGY 27
2.5.1 VENDOR INCLUSION CRITERIA 27
2.6 RESEARCH ASSUMPTIONS 28
2.7 LIMITATIONS 29
3 EXECUTIVE SUMMARY 30
4 PREMIUM INSIGHTS 35
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE TELECOM ANALYTICS MARKET 35
4.2 TELECOM ANALYTICS MARKET, BY APPLICATION (2018-2023) 35
4.3 TELECOM ANALYTICS MARKET, BY ORGANIZATION SIZE 36
4.4 TELECOM ANALYTICS MARKET: MARKET SHARE ACROSS REGIONS 36
5 MARKET OVERVIEW AND INDUSTRY TRENDS 37

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106584

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

Related Links
https://www.sdki.jp/



Also from this source


South America Pet Food Market | By Solution Type, By Application Type, By Industry Type, By Brand,By Region and Forecast

South America Pet Food Market : Global Industry Insights By Global Players, Regional Segmentation, G


Compression Bone Screws Market : Industry Overview, Growth, Price, Trends and Forecast To 2027

Competitive Analysis: Altimed (UK), Arthrex (USA), Beijing Libeier Bio-engineering Institute (China)