PUBLISHER: Lucintel | PRODUCT CODE: 1416810
PUBLISHER: Lucintel | PRODUCT CODE: 1416810
The future of the global telecom analytics market looks promising with opportunities in the customer management, network management, sales and marketing management, risk and compliance management markets. The global telecom analytics market is expected to reach an estimated $14.9 billion by 2030 with a CAGR of 14.2% from 2024 to 2030. The major drivers for this market are growing volume of telecom data globally, increasing demand for revenue-impacting company operations to be streamlined, and quick adoption of cutting-edge technology, such as data analytics, big data, and the internet of things (IoT).
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global telecom analytics by component, deployment mode, organization size, end use industry, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies telecom analytics companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the telecom analytics companies profiled in this report include-
Lucintel forecasts that software is expected to witness the higher growth over the forecast period because it facilitates the gathering, processing, reporting, and display of data, giving telecom operators useful information.
North America will remain the largest region over the forecast period due to greater need for telecom analytics owing to the increase in data consumption, the proliferation of smart devices, and the introduction of 5G technology in the region.
Market Size Estimates: Telecom analytics market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Telecom analytics market size by various segments, such as by component, deployment mode, organization size, end use industry, and region in terms of value ($B).
Regional Analysis: Telecom analytics market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, deployment mode, organization size, end use industry, and regions for the telecom analytics market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the telecom analytics market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the telecom analytics market size?
Answer: The global telecom analytics market is expected to reach an estimated $14.9 billion by 2030.
Q2. What is the growth forecast for telecom analytics market?
Answer: The global telecom analytics market is expected to grow with a CAGR of 14.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the telecom analytics market?
Answer: The major drivers for this market are growing volume of telecom data globally, increasing demand for revenue-impacting company operations to be streamlined and quick adoption of cutting-edge technology, such as data analytics, big data, and the internet of things (IoT).
Q4. What are the major segments for telecom analytics market?
Answer: The future of the telecom analytics market looks promising with opportunities in the customer management, network management, sales and marketing management, risk and compliance management markets.
Q5. Who are the key telecom analytics market companies?
Answer: Some of the key telecom analytics companies are as follows:
Q6. Which telecom analytics market segment will be the largest in future?
Answer: Lucintel forecasts that software is expected to witness the higher growth over the forecast period because it facilitates the gathering, processing, reporting, and display of data, giving telecom operators useful information.
Q7. In telecom analytics market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to greater need for telecom analytics owing to the increase in data consumption, the proliferation of smart devices, and the introduction of 5G technology in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.