Telecom Analytics market 2018: Latest Technology Trends in Telecom Industry till 2023

The Telecom Analytics Market has been estimated to register a CAGR of 32.71% during the forecast period (2018-2023).

Telecom analytics market brings together sophisticated business intelligence (BI) technologies, which are loaded to satisfy the complex demands of the telecom industry. These include, developing sales, reducing churn and deception, enhancing risk management, and decreasing operational costs.

The major players include:
Emc Corporation, Oracle Corporation, International Business Machines Corporation (Ibm), Sap Se, Microsoft Corporation, Cisco Systems Inc., Accenture Plc., Hewlett-Packard Company, Teradata Corporation, Wipro Limited, And Nokia Corporation, Amongst Other.

Ask for PDF Sample with Full TOC at: http://orbisresearch.com/contacts/request-sample/2132017?utm_source=dipali

Telecom analytics is becoming an increasingly important component of every aspect of a communications service provider’s (CSP) operations. The demand for efficiency gains, coupled with the need to personalize customers’ experiences, is driving new installations. The scope of the study is segmented by Customer Analytics, Network Analytics, Market Analytics, Price Analytics, and Service Analytics types of application.

Need to Prevent Customer Attrition is the Major Driver for the Market
Cellular Service Providers depend on customers to use their service to gain revenue. So, in order to make the customer stay with their service, CSPs are increasingly depending on analytics tools to understand the customer’s needs, or to check for any disruption in the network. With ability to port from one operator to other operator without changing number, the attribution is further expected to increase. Thus, this will drive the market for telecom analytics, so as to provide better service to the customer.

Network Analytics Segment is expected to have Significant Market Share
The network analytics feature brings visibility to the performance and behavior of the data center infrastructures. This feature collects data and analyzes the latter using sophisticated algorithms. Network optimization is allowing the CSPs to meet the expanding demands placed on today’s converged networks. The new generation of network analytics abilities can support better capacity planning and traffic management, as well as more efficient service assurance to deliver a customer experience that retains subscribers and increases revenue. Analytics is a significant growth possibility for the CSPs, helping them to innovate and outperform an ever-expanding list of competitors.

North America is expected to dominate the Market for Telecom Analytics
In the United States, fixed-line broadband penetration has reached close to 100%. And mobile penetration is also in excess of the population of several countries. Mobile internet penetration is dramatically increasing in this region. North America has some of the world’s largest cellular service providers, who rely excessively on consumer feedback. By opting for telecom analytics, the CSPs can provide better quality service at high efficiency. The major network providers in this region are always competing to draw customers to their services. In order to avoid consumer attrition, these CSPs are expected to focus on using analytics tools to recover on areas where they have been below par once. The amount of data traffic has also increased significantly, forcing the CSPs to offer services without any disruption efficiently. Coupled with a growing consumer base for mobile phones and other cellular devices, the adoption of telecom analytics by CSPs is only destined to increase.

Key Developments in the Market
February 2018 - Pod Solutions and Subex announced a new partnership with telecom analytics solutions. Subex Secure is designed to provide security for IoT billing and connectivity services. The partnership with Subex is expected to enable Pod Solutions to develop advanced security services, allowing customers to rapidly create, deploy and bill mission critical IoT solutions with better security and resilience

Request to Purchase full Report : http://www.orbisresearch.com/reports/index/global-telecom-analytics-market-segmented-by-application-customer-analytics-network-analytics-market-analytics-price-analytics-service-analytics-deployment-cloud-on-premise-and-region-growth-trends-and-forecast-2018-2023?utm_source=dipali

Some Points from Table of Content:
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study

2. Research Approach and Methodology

3. Executive Summary

4. Market Analysis

5. Market Dynamics
5.1 Market Overview
5.2 Factors Driving the Market
5.2.1 Need to Prevent Customer Attrition
5.2.2 Increasing Vulnerability to Fraudulent Activities
5.2.3 Heightened Implications for Revenue Management
5.3 Factors Restraining the Market
5.3.1 Lack of Awareness among Telecom Operators
5.3.2 Data Security and Privacy Concerns
5.4 Industry Attractiveness – Porter's Five Industry Forces Analysis
5.4.1 Bargaining Power of Suppliers
5.4.2 Bargaining Power of Consumers
5.4.3 Threat of New Entrants
5.4.4 Threat of Substitute Products or Services
5.4.5 Competitive Rivalry among Existing Competitors
Continued……………..

Reasons to Purchase This Report
•Current and future Telecom Analytics Market outlook in the developed and emerging markets
•Analysing various perspectives of the market with the help of Porter’s five forces analysis
•The segment that is expected to dominate the market
•Regions that are expected to witness fastest growth during the forecast period
•Identifying the latest developments, market shares, and strategies employed by the major market players
•3-month analyst support along with the Market Estimate sheet (in Excel)

Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs

Enquire more details of the report at: http://orbisresearch.com/contacts/enquiry-before-buying/2132017?utm_source=dipali

About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019

This release was published on openPR.