Telecom Analytics Market Size, Share, Trend Analysis, Segmentation And Forecast To 2033

The new report published by The Business Research Company, titled ""Telecom Analytics Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the telecom analytics market size has grown exponentially in recent years. It will grow from $6.43 billion in 2023 to $8.03 billion in 2024 at a compound annual growth rate (CAGR) of 24.9%. The telecom analytics market size is expected to see exponential growth in the next few years. It will grow to $18.1 billion in 2028 at a compound annual growth rate (CAGR) of 22.5%.

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Telecom Analytics Market Driven By Escalating Cybersecurity Threats And Fraudulent Activities
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. For instance, in 2022, according to a 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 growth.

Strategic Partnerships Fuel Innovation In Telecom Analytics Market
Partnerships and collaborations are a key trend gaining popularity in the telecom analytics market. 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. For instance, in August 2022, Jio Platforms, an Indian telecommunications company, partnered with Subex, an Indian-based software company providing telecom analytics solutions. Through this collaboration, Jio Platforms will be able to provide its cloud-native 5G core to telecom companies globally, along with Subex HyperSense AI for enabling closed-loop network automation, product performance, and customer experience analytics. Subex's HyperSense AI is a unified data analytics and AI platform that is designed to scale and accelerate enterprise-wide AI adoption.

The telecom analytics market covered in this report 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, Workforce Management

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Major companies operating in the telecom analytics market report are Microsoft Corporation, Dell Inc., Huawei Technologies Co Ltd., International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, SAP SE, Nokia Solutions and Networks B.V., Adobe Inc., Wipro Limited, OpenText Corporation, SAS Institute Inc., Automation Anywhere Inc., Micro Focus International plc, Teradata Corporation, Tableau Software Inc., TIBCO Software Inc., Alteryx Inc., Tredence Analytics Solutions Pvt Ltd., MicroStrategy Incorporated, iMocha Inc., Sisense Ltd., RapidSOS Inc., Panorama Software Inc., Zeotap GmbH, SQream Technologies Ltd., Quantifind Inc., InfoFaces Inc., H2O.ai Inc., Intracom Telecom S.A., QlikTech International AB, Safe Security Inc., Affirmed Networks Inc.

Contents of the report:
1. Executive Summary
2. Telecom Analytics Market Report Structure
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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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