Press release
Telecom Analytics Market May a See Big Change | Oracle Corporation, International Business Machines Corporation, Nokia Networks, Cisco Systems Inc., Huawei Technologies Co., Ltd.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Telecom Analytics Market Size, Growth Rate, And Forecast
The global telecom analytics market size grew from $5.13 billion in 2022 to $6.39 billion in 2023 at a compound annual growth rate (CAGR) of 24.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The telecom analytics market size is expected to grow to $14.83 billion in 2027 at a CAGR of 23.4%.
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Telecom Analytics Market Drivers
Rising attacks and suspicious activities are expected to propel the growth of the telecom analytics market going forward. Telecommunications fraud concerns operators with financial and reputational losses. Telecom analytics helps prevent cyberattacks and fraudulent activities through continuous monitoring and vigilance. The increasing number of cyberattacks on telecom companies is expected to drive demand for several telecom analytics services.
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Telecom Analytics Market Segments
• By Component: Solution, Services
• By Deployment: On-Premise, Cloud
• By Organization Size: Large Enterprises, SMEs
• By Application: Customer Management, Sales and Marketing Management, Network Management, Risk and Compliance Management, and Workforce Management
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the telecom analytics market.
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Telecom Analytics Market Key Players
Major competitors in the telecom analytics market include Oracle Corporation, International Business Machines Corporation, Nokia Networks, Cisco Systems Inc., Huawei Technologies Co., Ltd., Teradata Corporation, Microsoft Corporation, Sisense Inc.
The Business Research Company's "Global Telecom Analytics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Telecom Analytics Market Include:
1. Executive Summary
2. Telecom Analytics Market Characteristics
3. Telecom Analytics Market Trends And Strategies
4. Telecom Analytics Market - Macro Economic Scenario
5. Telecom Analytics Market Size And Growth
………………………….
26. Africa Telecom Analytics Market
27. Telecom Analytics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Telecom Analytics Market
29. Telecom Analytics Market Future Outlook and Potential Analysis
30. Appendix
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