Telecom Analytics Market 2023 |Industry Analysis By Trends, Growth And Revenue Estimations Forecast To 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Telecom Analytics Global Market Report 2023 identifies Rising attacks and suspicious activities as the major driver for the Telecom Analytics market's growth in the forecast period. 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. According to a 2022 report by Lumen, a US-based telecommunications company, the number of distributed denials of service (DDoS) attacks for telecommunications companies increased by 32% year on year. Also, the top 500 DDoS attacks in the telecom industry accounted for 76%. Therefore, the growing attacks and suspicious activities will drive the telecom analytics market.

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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Major competitors in the Telecom Analytics market are Oracle Corporation, International Business Machines Corporation, Nokia Networks, Cisco Systems Inc., Huawei Technologies Co., Ltd., Teradata Corporation, Microsoft Corporation, Sisense Inc., Dell Technologies Inc.

A key trend in the Telecom Analytics market includes Partnerships and collaborations. Major companies operating in the telecom analytics market are focused on partnering or collaborating with other companies to develop new technology solutions that are flexible across other elements driving the expansion of technologies such as artificial intelligence.

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The Telecom Analytics market is segmented -
1) By Component: Solution, Services
2) By Deployment: On-Premise, Cloud
3) By Organization Size: Large Enterprises, SMEs
4) 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.

The Business Research Company's "Global Telecom Analytics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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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
……
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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