(MENAFN- America News Hour) In a recent published report, Kenneth Research has updated the market report for Telecom Analytics Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Telecom Analytics Market products.
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The Telecom Analytics Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe's organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form
Global telecom analytics market is set to exhibit a compound annual growth rate of 29.01% during the forecast period (2018-2023) . The technology is being leveraged by telecommunication firms to overcome issues of telecom frauds. Telecom analytics offer business intelligence solutions for a fast-evolving telecommunication sector. It also aids telcos in implementing strategies for customer churn prevention. Such factors are supporting the growth of global telecom analytics market. In addition, increased demand for effective revenue management solutions is creating lucrative market opportunities. Advanced countries in North America, Europe and Asia will remain the hotspots for market players during the assessment period.
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This MRFR report offers an exhaustive analysis of the global telecom analytics market along with a five-year (2018-2023) revenue analysis. The market value is calculated in USD (Million). The report covers all the market elements along with market factor analysis, value chain analysis, and trend analysis. It also includes a through discussion on various types of telecom analytics including customer analytics, network analytics, subscriber analytics, location analytics, price analytics and service analytics. In this report, both on-premise and cloud-based deployment of telecom analytics are considered for market assessment. Also, a revenue analysis based on different types of telecom analytics solutions and services is available in the report.
Report Coverage
Historical market trends, market dynamics, forecast, market value by region as well as by segmentation, country-level analysis for each market segment, key player's market share analysis and market factor analysis which covers supply chain and Porter's five forces analysis of the market.
Companies Covered
Amdocs, Inc., Nokia Networks, International Business Machine Corporation, Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd, Dell Technologies Inc., Cisco Systems Inc., SAP SE, Ericsson, Vizualytics, Teradata and Oracle Corporation.
Research Methodology
MRFR deploys an innovative and tested research mechanism for conducting market analysis. The process includes primary and secondary research methods. The secondary research method includes passive industry observation and date collection from various resources that exist in the public domain (whitepapers, SEC filings, paid database sources, annual reports etc.) In primary research, first-hand informant market information is obtained through exclusive face-to-face interviews, telephonic conversation and email queries with industry experts. The gathered data is evaluated using data triangulation. In addition, both bottom-up and top-down approaches are used for gauging the accuracy of research findings.
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Other Description
Market Denomination- USD Mn
Base Year- 2017
Forecast Period- from 2018 to 2023
For the scope of the research, MRFR's report offers a comprehensive segmental analysis of the global market for telecom analytics.
Analytics Type
Customer Analytics
Network Analytics
Subscriber Analytics
Location Analytics
Price Analytics
Service analytic
By Component
Solution
Customer Management
Network Management
Marketing Management
Sales & Distribution
Others
Services
Professional Services
Managed Services
By Deployment Models
On-Premise
Cloud-Based
By Region
North America
Europe
Asia Pacific
Rest of the World (RoW
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.
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Darlene Dooley
Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.
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