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The telecom analytics market size is forecast to increase by USD 4.46 billion, at a CAGR of 13.7% between 2023 and 2028.
Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, driven by the ever-increasing volume and complexity of network data. Telecom companies are leveraging advanced technologies such as network traffic prediction, deep learning applications, data visualization dashboards, telecom data mining, customer churn modeling, and fraud detection systems to gain insights and improve operational efficiency. These solutions enable real-time data streaming, predictive maintenance, call routing optimization, customer segmentation, and network capacity planning. Telecom network infrastructure plays a crucial role in supporting these analytics applications, requiring robust data governance policies and security protocols to ensure regulatory compliance and protect against data breaches. Telecommunication billing systems, IoT data analytics, and 5G network performance are among the emerging areas of focus, with machine learning models and cloud-based analytics platforms driving innovation.
Network optimization algorithms, network element monitoring, network performance monitoring, and network security monitoring are essential components of this dynamic landscape, as telecom companies strive to enhance service quality metrics and deliver superior customer experiences.
The telecom analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The cloud-based segment is estimated to witness significant growth during the forecast period.
The market is experiencing significant growth due to the increasing digitalization of businesses and the expansion of IT, retail sectors, and other companies. This trend is driving the demand for cloud-based telecom analytics solutions, including hardware and mobile applications. However, security concerns associated with public clouds may hinder the adoption of cloud-based analytics for some financially sound enterprises. Nevertheless, the growing number of Small and Medium Enterprises (SMEs) in the UK, Germany, France, and other European countries is expected to fuel the adoption of cloud-based telecom analytics software. Telecom regulatory compliance, data security protocols, and service quality metrics are crucial factors influencing the market.
Customer experience management, predictive maintenance, call routing optimization, customer segmentation, network traffic prediction, deep learning applications, data visualization dashboards, and telecom data mining are integral components of telecom analytics. Additionally, fraud detection systems, churn prediction models, and revenue assurance systems are essential for telecom network infrastructure management. Machine learning models, network optimization algorithms, network performance monitoring, and anomaly detection techniques are advanced technologies enhancing network security monitoring, network capacity planning, and real-time data streaming. The advent of 5G networks and IoT data analytics is further expanding the market's potential. Telecommunication billing systems, data governance policies, and network element monitoring are also integral to the market's growth.
Overall, the market is evolving to meet the demands of digital businesses, offering immersive and harmonious solutions for network infrastructure management and optimization.
The Cloud-based segment was valued at USD 2.6 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
In the dynamic telecom industry of North America, advanced technologies are driving innovation and growth. The US and Canada, as key contributors, are leading the adoption of telecom analytics. SAS Institute, Oracle, and SAP are prominent companies in this market, making North America an attractive region for telecom analytics solutions. Enterprises in this region are increasingly leveraging mobility management applications, such as IoT and machine learning, to enhance connectivity. This trend is expected to surge the demand for telecom analytics, enabling enterprises to optimize network performance, ensure telecom regulatory compliance, secure data, improve customer experience, and predict network traffic and churn.
Telecom analytics also facilitates fraud detection, network capacity planning, and revenue assurance. Machine learning models and cloud-based analytics platforms are crucial components, offering real-time data streaming, network optimization algorithms, and network security monitoring. Anomaly detection techniques and data visualization dashboards further enhance the value proposition of telecom analytics. The 5G network performance revolution is also fueling the market, as network element monitoring and network performance monitoring become essential for maintaining optimal network efficiency.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The telecom analytics market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the telecom analytics market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, telecom analytics market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Accenture PLC - The company specializes in telecom analytics through Adobe Experience Platform, enabling businesses to gain valuable insights and optimize customer experiences.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio's robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Telecom Analytics Market insights. See full methodology.
Market Scope |
|
Report Coverage |
Details |
Page number |
144 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 13.7% |
Market growth 2024-2028 |
USD 4459.9 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
11.8 |
Key countries |
China, US, Japan, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this telecom analytics market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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