Telecom Analytics Market by Deployment and Geography - Forecast and Analysis 2022-2026

The telecom analytics market share is expected to increase by USD 4.81 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 14.51%.

This telecom analytics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers telecom analytics market segmentation by deployment (cloud-based and on-premise) and geography (North America, Europe, APAC, MEA, and South America). The telecom analytics market report also offers information on several market vendors, including Adobe Inc., Cisco Systems Inc., International Business Machines Corp., Micro Focus International Plc, Microsoft Corp., Oracle Corp., SAP SE, SAS Institute Inc., Teradata Corp., and Thales Group among others.

What will the Telecom Analytics Market Size be During the Forecast Period?

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Telecom Analytics Market: Key Drivers and Challenges

The growing availability and complexity of data are notably driving the telecom analytics market growth, although factors such as data privacy and security concerns may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the telecom analytics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Telecom Analytics Market Driver

One of the key factors driving growth in the telecom analytics market is the growing availability and complexity of data. Intelligent techniques involving technologies such as ML and AI can help telecom companies retrieve the huge amount of complex data in a useful manner and use that data to enhance their services and business processes. This, in turn, is expected to drive the market for telecom analytics. From the enterprises' perspective, a huge amount of data is available in companies' vast trove of documents and knowledge base. The analysis of such telecom data is tedious as well as a complex task for a simple computer program or human being. Hence, companies rely on telecom analytics for performing such tasks. Hence, the demand for telecom analytics is increasing as the data must be processed into valuable information.

Key Telecom Analytics Market Challenge

Data privacy and security concerns will be a major challenge for the telecom analytics market during the forecast period. As critical data is transferred through networks such as IoT or the cloud, a highly secured environment needs to be established. Moreover, the IoT network includes multiple devices, which at times may cause data theft issues. Increased connectivity and data sharing have led to more cybersecurity issues and data breaches. The possibilities of cyber intrusion will result in less adoption of cloud-based solutions and telecom analytics services (third-party services). Most consumers are not even aware of what can be done with the shared data, and some do not care about the quantum of data being shared with companies. Although the regulations around data safety are being tightened across the world, there have been certain cases of cybercrimes. Such factors are expected to hamper the growth of the telecom analytics market.

This telecom analytics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Telecom Analytics Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Adobe Inc.
• Cisco Systems Inc.
• International Business Machines Corp.
• Micro Focus International Plc
• Microsoft Corp.
• Oracle Corp.
• SAP SE
• SAS Institute Inc.
• Teradata Corp.
• Thales Group

This statistical study of the telecom analytics market encompasses successful business strategies deployed by the key vendors. The telecom analytics market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The telecom analytics market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Telecom Analytics Market?

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37% of the market's growth will originate from North America during the forecast period. The US is the key market for telecom analytics in North America. Market growth in this region will be faster than the growth of the market in the European and South American regions.

The increasing use of mobility applications by enterprises will facilitate the telecom analytics market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Deployment Segments in the Telecom Analytics Market?

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The telecom analytics market share growth by the cloud-based segment will be significant during the forecast period. The increasing digitalization of businesses and the geographical expansion of the IT, retail sectors, and other companies are the major factors driving the demand for cloud-based deployment of telecom analytics. SMEs are price-sensitive, and telecom analytics can be a major expense for small businesses. Therefore, SMEs prefer cloud-based telecom analytics to reduce their telecom expenses while increasing operational efficiency. Hence, the real-time analysis of telecommunications usage and low upfront costs will drive the demand for cloud-based telecom analytics.

This report provides an accurate prediction of the contribution of all the segments to the growth of the telecom analytics market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Telecom Analytics Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive telecom analytics market growth during the next five years
• Precise estimation of the telecom analytics market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the telecom analytics industry across North America, Europe, APAC, MEA, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of telecom analytics market vendors

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