Press Release / Technology / Telecom Analytics Market is expected to reach over USD 11.35 Billion by Forecast to 2023

Telecom Analytics Market is expected to reach over USD 11.35 Billion by Forecast to 2023

Market Highlights:
Globally, the telecom analytics market is expected to have a significant growth over the forecast period. This is due to the rising cyber threats which is a driving factor for the growth of the telecom analytics market.
 
The Telecom analytics market is differentiated by component, analytics type, deployment, organization size, and end-user.
By component, the Telecom Analytics Market is sub-segmented as hardware, services and solutions. On the basis of services, the market is sub-segmented into professional services and managed services. The professional services is further segregated into consulting services, implementing services, and training services. The solution segment is segregated as customer management, network management, marketing management, sales & distribution, and others.
On the basis of organization type, the market is segregated into large enterprise and small & medium enterprise.
Additionally, by the analytical type, the market is classified customer analytics, network analytics, market analytics, services analytics, and price analytics.
Furthermore, on the basis of deployment, the market is sub-divided into on-cloud and on-premise. Additionally, on the basis of organization size, the market is classified as small and medium enterprises and large enterprises.
By end-user, the market is sub-divided into IT & telecom, BFSI, manufacturing, energy & power, healthcare, and others.
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Major Key Players:

Wipro Limited (India)
Informatica Corporation (U.S.)
SAP AG (Germany)
Teradata Corporation (U.S.)
Microsoft Corporation (U.S.)
Oracle Corporation (U.S.)
Nokia networks ( Finalnd)
IBM Corporation (U.S.)
EMC Corporation (U.S.)
Hewlett-Packard Company (U.S.)
Accenture Plc (Ireland)

Regional Analysis:
Geographically, the telecom analytics market is categorized into four different regions namely North America, Asia Pacific, Europe, and the Rest of the World.
 
North America is expected to have a significant growth the telecom analytics market over forecast period. The U.S and Canada are leading countries in the region owing to presence of IT giants such as IBM Corporation, Oracle Corporation and many more. Asia Pacific region is expected to be the fastest growing region in telecom analytics market. China, India, Japan, and South Korea are the leading countries. This is due to rise in disposable income which eventually increases demand for smartphones, laptops, and tablets.  Additionally, India is expected to be the fastest growing country in the Asia Pacific region and telecom sector is presumed to witness tremendous growth over the forecast period owing to rise in internet penetration.
 
Segmentation:

The Telecom analytics market is differentiated by component, analytics type, deployment, organization size, and end-user.
By component, the telecom analytics market is sub-segmented as hardware, services and solutions. On the basis of services, the market is sub-segmented into professional services and managed services. The professional services segment is further segregated as consulting services, implementing services, and training services. The solution segment is segregated as customer management, network management, marketing management, sales & distribution, and others.
On the basis of organization type, the market is segregated into large enterprise and small & medium enterprise.
Additionally, by the analytical type, the market is classified customer analytics, network analytics, market analytics, services analytics, and price analytics.
Furthermore, on the basis of deployment, the market is sub-divided into on-cloud and on-premises. Additionally, on the basis of organization size, the market is classified as small and medium enterprises and large enterprises.
By end-user, the market is sub-divided into IT & telecom, BFSI, manufacturing, energy & power, healthcare, and others.

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Target Audience:

Associations & Industry Bodies
Cloud Service Providers
Technology Consultants
Value Added Resellers
Telecom Service Providers
Research Firms
Government Bodies, regulatory Firms

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