Market Research Report
Big Data in Global Telecom Market 2021
|Published by||NAVADHI Market Research Pvt Ltd||Product code||637281|
|Published||Content info||74 Pages
Delivery time: 1-2 business days
|Big Data in Global Telecom Market 2021|
|Published: May 4, 2018||Content info: 74 Pages||
Big Data is a vital strategic tool for telecom operators and MVNOs which can prevent revenue decline and identify the trend affecting markets globally. Big Data enables Telecom companies to leverage one of their strongest hidden assets, customer insights. Big Data technologies facilitates Telecom companies to capture, analyses and monetize large volumes of customer information and interaction data across multiple touch points in real time.
With the right information and feedback, telcos can improve profitability by optimizing network services/usage, enhancing customer experience, and improving security. With emergence of technologies like Hadoop framework and NoSQL databases, it became far more affordable to run analytics on large set of data.
Predictive analytics can find out these pain points for companies and provide step by step recourse to nullify problems and necessary steps to prevent these to occurring in future.
The objective of this research study is to understand the current big data market in Telecom sector across the world and to estimate the growth rate for the next 5 years. The report covers detailed analysis of companies - value chain, financial performance, forecast, business strategy and SWOT analysis, which are involved in providing big data analytics solutions in the Telecom domain and have presence across different regions of the world.
The global big data market in Telecom services is currently valued at USD XX billion. It is expected that the market will grow at a CAGR of 18% and will reach USD XX billion by the year 2021.
This report concludes by analyzing the industry through PESTLE, porter's 5 forces and SWOT analysis, discusses the challenges faced by the new players entering the industry and present and future trends observed. Strategic recommendations are also discussed separately and in detail for Bigdata service providers and Telcos.