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The Global Telecom Analytics Market Reach to USD 9.89 Billion Showing Significant Growth by 2026

10-01-2024 11:39 AM CET | IT, New Media & Software

Press release from: Allied Market Research

The Global Telecom Analytics Market Reach to USD 9.89 Billion

Allied Market Research published a new report, titled, " The Global Telecom Analytics Market Reach to USD 9.89 Billion Showing Significant Growth by 2026." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

Increase in efforts for simplifying revenue management, surge in demand for fraud detection due to network infringement and rise in the need for churn reduction propel the growth of the global telecom analytics market. Incorporation of new technologies such as machine learning and AI in telecom analytics is anticipated to usher in multiple opportunities in the industry.

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The global telecom analytics market size was valued at USD 3.52 billion in 2018, and is projected to reach USD 9.89 billion by 2026, growing at a CAGR of 13.9% from 2019 to 2026.

The global telecom analytics market is segmented into component, deployment, application, and region. Depending on component, the market is bifurcated into software and service. As per the deployment, it is classified into cloud and on-premise. As per organization size, market is divided into large enterprises and small & medium sized enterprises (SMEs). On the basis of application, it is segregated into customer management, network management, sales & marketing management, risk & compliance management, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Access the full summary at: https://www.alliedmarketresearch.com/telecom-analytics-market

Impact of COVID-19 on Telecom Analytics Market:

● The growth of the telecom analytics market is expected to increase during the Covid-19 pandemic outbreak. The telecom service providers are suffering from cases of fraud during the lockdown. The telecom analytics helps in fraud detection and enhance the visibility of core operations and internal processes Therefore, the adoption of the telecom analytics has been increased during active lockdown.

● Moreover, the rising pressure on broadband due to the work from home facility and increase in use of online streaming platforms during global lockdown, the demand for telecom analytics has increased.

If you have any questions, Please feel free to contact our analyst at: https://www.alliedmarketresearch.com/connect-to-analyst/6267

Based on deployment, the market study divides the report into on-premise and cloud segments. The on-premise segment contributed to nearly three-fifths of the total market revenue in 2018, and is estimated to rule the roost till 2026. The cloud segment, on the other hand, is anticipated to portray the fastest CAGR of 15.50% throughout the study period.

Based on component, the report is bifurcated into two segments namely solution and service. The solution segment accounted for more than two-thirds of total market share in 2018, and is expected to lead the trail by the end of 2026. At the same time, the service segment is predicted to manifest the fastest CAGR of 15.40% from 2019 to 2026.

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Based on geography, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America garnered the major share in 2018, holding nearly two-fifths of the global market. Simultaneously, the region across Asia-Pacific would showcase the fastest CAGR of 16.0% by 2026.

The key market players analyzed in the global telecom analytics market report include, Tableau, Sisense, Oracle, Cisco, SAS Institute, Teradata, SAP SE, Tibco, Adobe, and IBM. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to corroborate their stand in the industry.

Buy Now & Get Upto 50% Discount on this Report (270 Pages PDF with Insights, Charts, Tables, and Figures) at: https://www.alliedmarketresearch.com/telecom-analytics-market/purchase-options

Thanks for reading this article, you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur's stakeholder's researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

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