(MENAFN- Meridian Market Consultants) The Reports and Insights, a leading market research company, has recently releases report titled “Telecom Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Telecom Analytics Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Telecom Analytics Market?
The telecom analytics market size reached US$ 6.2 Billion in 2023. The market to reach US$ 14.0 Billion by 2032, exhibiting a growth rate (CAGR) of 9.5% during 2024-2032.
What are Telecom Analytics?
Telecom analytics refers to advanced business intelligence (BI) technologies specifically designed to meet the intricate needs of telecommunications organizations. These solutions address various objectives such as boosting sales, minimizing customer churn and fraud, enhancing risk management, and lowering operational expenses.
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What are the growth prospects and trends in the Telecom Analytics industry?
The telecom analytics market growth is driven by various factors. The market for telecom analytics is defined by the pervasive integration of advanced business intelligence technologies customized to fulfill the complex requirements of telecommunications organizations. These solutions play a pivotal role in achieving various goals, such as elevating sales, mitigating churn and fraud, enhancing risk management, and cutting down operational costs. The ongoing quest for improved efficiency and competitiveness in telecom companies propels the continuous expansion of this dynamic market. Hence, all these factors contribute to telecom analytics market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
1. By Component:
Solutions
Services
2. By Deployment Type:
On-Premise
Cloud
3. By Application:
Customer Management
Network Management
Marketing Management
Risk and Compliance Management
Others
4. By End-Use:
Telecom Service Providers
Communication Service Providers
Managed Service Providers
Segmentation By Region:
1. North America:
United States
Canada
2. Asia Pacific:
China
India
Japan
South Korea
Australia & New Zealand
Association of Southeast Asian Nations (ASEAN)
Rest of Asia Pacific
3. Europe:
Germany
The U.K.
France
Spain
Italy
Russia
Poland
BENELUX (Belgium, the Netherlands, Luxembourg)
NORDIC (Norway, Sweden, Finland, Denmark)
Rest of Europe
4. Latin America:
Brazil
Mexico
Argentina
Rest of Latin America
5. The Middle East & Africa:
Saudi Arabia
United Arab Emirates
South Africa
Egypt
Israel
Rest of MEA (Middle East & Africa)
Who are the key players operating in the industry?
The report covers the major market players including:
1. Nokia Corporation
2. Ericsson
3. Cisco Systems, Inc.
4. IBM Corporation
5. Huawei Technologies Co., Ltd.
6. SAS Institute Inc.
7. Teradata Corporation
8. Adobe Inc.
9. Accenture plc
10. TIBCO Software Inc.
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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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