Global Telecom Analytics Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

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Global Telecom Analytics Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

  • ICT
  • Upcoming Report
  • Aug 2024
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Telecom Analytics Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2024 –2031
Diagram Market Size (Base Year)
USD 11.29 Billion
Diagram Market Size (Forecast Year)
USD 132.21 Billion
Diagram CAGR
%
Diagram Major Markets Players
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Global Telecom Analytics Market Segmentation, By Analytics Type (Customer Analytics, Network Analytics, Subscriber Analytics, Location Analytics, Price Analytics and Service Analytic, Others), Application (Customer Management, Network Management, Marketing Management, Sales and Distribution, Risk and Compliance Management, Workforce Management, and Others), Component (Solution and Services), Deployment Models (On-Premises and Cloud-Based), Organization Size  (Large enterprises and SMEs) – Industry Trends and Forecast to 2031.

Telecom Analytics Market

 

Telecom Analytics Market Analysis

Telecom analytics market growth is driven by advanced AI and machine learning technologies. These tools enhance network optimization and predictive maintenance, significantly improving customer experience and operational efficiency. The integration of real-time analytics helps telecom operators manage large data volumes, optimize resource allocation, and reduce churn. As a result, the market is expected to see robust expansion, driven by increased demand for advanced data solutions.

Telecom Analytics Market Size

The global telecom analytics market size was valued at USD 11.29 billion in 2023 and is projected to reach USD 132.21 billion by 2031, with a CAGR of 36.01% during the forecast period of 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Telecom Analytics Market Trends

“Rise of AI-Powered Predictive Analytics”

A significant trend driving growth in the telecom analytics market is the adoption of AI-powered predictive analytics. Telecom companies are increasingly leveraging AI to analyze vast amounts of data, forecast network demands, and optimize operations. For instance, Verizon is utilizing AI to predict network congestion and enhance customer experience by proactively addressing potential issues before they impact users. This proactive approach improves service quality and helps in strategic decision-making. The integration of AI in telecom analytics enhances efficiency and accuracy, making it a crucial factor in the sector's expansion.

Report Scope and Telecom Analytics Market Segmentation  

Attributes

Telecom Analytics Key Market Insights

Segments Covered

  • By Analytics Type: Customer Analytics, Network Analytics, Subscriber Analytics, Location Analytics, Price Analytics and Service Analytic, Others
  •  By Application: Customer Management, Network Management, Marketing Management, Sales and Distribution, Risk and Compliance Management, Workforce Management, and Others
  •  By Component: Solution and Services
  •  By Deployment Models: On-Premises and Cloud-Based
  •  By Organization Size: Large enterprises and SMEs

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Key Market Players

Oracle (U.S.), Adobe Inc. (U.S.), SAP SE (Germany), Cisco Systems, Inc. (U.S.), Teradata (U.S.), Wipro Limited (India), Open Text Corporation (Canada), Dell Inc. (U.S.), Open Text (U.K.), Cloud Software Group, Inc. (U.S.), Sisense Ltd (U.S.), Amazon Web Services, Inc. (U.S.), Salesforce, Inc. (U.S.), Accenture (Ireland), Alteryx (U.S.), Couchbase, Inc. (U.S.), Amdocs (U.S.), Huawei Technologies Co., Ltd. (China), MicroStrategy Incorporated (U.S.), and Nokia (Finland)

Market Opportunities

  • Rising Demand for Fraud Detection
  • Growing Big Data Technologies

Value Added Data Infosets

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Telecom Analytics Market Definition

Telecom analytics involves analyzing data from telecommunications networks to optimize performance, reduce costs, and enhance customer experience. It uses advanced techniques such as big data analytics and machine learning to gain insights into network usage, customer behavior, and operational efficiency. This helps telecom companies in predictive maintenance, churn prediction, and targeted marketing strategies.

Telecom Analytics Market Dynamics

Drivers

  • Rising Data Volume

The proliferation of smartphones and IoT devices generates massive amounts of data for telecom companies, driving the need for advanced analytics. For instance, Verizon uses analytics to manage data from its extensive network, optimizing performance and customer experiences. As data volume grows, telecom firms must leverage sophisticated analytics to process and extract actionable insights, fueling market demand for advanced analytics solutions.

  • Customer Experience Enhancement

Customer experience enhancement drives the telecom analytics market as companies leverage analytics to boost satisfaction. For instance, Vodafone uses analytics to monitor customer behavior and service usage, enabling personalized offerings and targeted promotions. By predicting churn and identifying pain points, they enhance retention and satisfaction. This approach not only improves customer experience but also drives market growth for telecom analytics solutions.

Opportunities

  • Rising Demand for Fraud Detection

The increasing sophistication of fraudulent activities drives the demand for advanced telecom analytics. For instance, telecom operators such as Verizon use real-time analytics to detect fraudulent call patterns and prevent revenue loss. By leveraging machine learning algorithms, these solutions identify anomalies, reducing fraud risk and protecting revenue streams. This growing need for robust fraud detection systems creates significant market opportunities for telecom analytics providers.

  • Growing Big Data Technologies

The adoption of big data technologies such as Hadoop and Spark is creating significant opportunities in the telecom analytics market. For instance, these technologies enable telecom operators to process and analyze massive volumes of customer and network data efficiently. This capability supports advanced analytics solutions, leading to improved network optimization and customer insights. Consequently, telecom companies are investing in these technologies to enhance their data-driven decision-making and competitive edge.

Restraints/Challenges

  • High Implementation Costs

Advanced telecom analytics solutions involve significant expenses for deployment and maintenance. The initial investment in infrastructure, software, and skilled personnel can be prohibitive, especially for smaller telecom operators or those in emerging markets. These high costs create a barrier to entry and limit the ability of some companies to adopt and benefit from advanced analytics technologies, thereby hindering telecom analytics market growth.

  • Complexity in Data Integration

Telecom companies use a range of systems and platforms, including legacy systems. Integrating data from these diverse sources can be highly complex and time-consuming. This complexity often results in inefficiencies and delays in analytics processes, impeding the market's ability to leverage data effectively. The challenge of ensuring seamless data integration remains a significant barrier for advancing telecom analytics.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Telecom Analytics Market Scope

The market is segmented on the basis of analytics type, component, application, organization size, and deployment models. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Analytics Type

  • Customer Analytics
  • Network Analytics
  • Subscriber Analytics
  • Location Analytics
  • Price Analytics and Service Analytic
  • Others

 Application

  • Customer Management
  • Network Management
  • Marketing Management
  • Sales and Distribution
  • Risk and Compliance Management
  • Workforce Management
  • Others

Component

  • Solution
  • Services
    • Professional Services
    • Managed Services

 Deployment Models

  • On-Premises
  • Cloud-Based

 Organization Size 

  • Large enterprises
  • SMEs

Telecom Analytics Market Regional Analysis

The market is analyzed and market size insights and trends are provided by analytics type, component, application, organization size, and deployment models as referenced above.

The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America is expected to dominate the telecom analytics market due to rising demand from the telecommunications sector and the adoption of advanced technologies. The region's growth is further fueled by significant technological developments and increased digitization, driving the expansion and advancement of telecom analytics solutions.

Asia-Pacific is anticipated to observe considerable growth in the telecom analytics market due to increased investments in IoT and Big Data technologies. The rapid expansion of the telecom sector and accelerated digital transformation are further driving this growth, likely enhancing market expansion in the region throughout the forecast period.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Telecom Analytics Market Share

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Telecom Analytics Market Leaders Operating in the Market Are:

  • Oracle (U.S.)
  • Adobe Inc. (U.S.)
  • SAP SE (Germany)
  • Cisco Systems, Inc. (U.S.)
  • Teradata (U.S.)
  • Wipro Limited (India)
  • Open Text Corporation (Canada)
  • Dell Inc. (U.S.)
  • Open Text (U.K.)
  • Cloud Software Group, Inc. (U.S.)
  • Sisense Ltd (U.S.)
  • Amazon Web Services, Inc. (U.S.)
  • Salesforce, Inc. (U.S.)
  • Accenture (Ireland)
  • Alteryx (U.S.)
  • Couchbase, Inc. (U.S.)
  • Amdocs (U.S.)
  • Huawei Technologies Co., Ltd. (China)
  • MicroStrategy Incorporated (U.S.)
  • Nokia (Finland)

Latest Developments in Telecom Analytics Market

  • In February 2023, Nokia Corporation unveiled AVA Customer and Mobile Network Insights, a cloud-native analytics software. This solution leverages AI and machine learning to streamline 5G network data analysis, offering cost-effective insights. It aids communications service providers in making informed, automated decisions through correlated reports from 5G networks
  • In July 2022, Oracle launched Oracle Construction Intelligence Cloud Analytics to integrate data from diverse applications. This tool helps engineering and construction firms diagnose issues, foresee risks, and guide future actions. By consolidating data from Oracle Smart Construction Platform, it provides a comprehensive performance overview, enabling quick problem resolution and strategic improvements


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The global telecom analytics market size was valued at USD 11.29 billion in 2023.
The global telecom analytics market is to grow at a CAGR of 36.01% during the forecast period of 2024 to 2031.
The major players operating in the market are Oracle (U.S.), Adobe Inc. (U.S.), SAP SE (Germany), Cisco Systems, Inc. (U.S.), Teradata (U.S.), Wipro Limited (India), Open Text Corporation (Canada), Dell Inc. (U.S.), Open Text (U.K.), Cloud Software Group, Inc. (U.S.), Sisense Ltd (U.S.), Amazon Web Services, Inc. (U.S.), Salesforce, Inc. (U.S.), Accenture (Ireland), Alteryx (U.S.), Couchbase, Inc. (U.S.), Amdocs (U.S.), Huawei Technologies Co., Ltd. (China), MicroStrategy Incorporated (U.S.), and Nokia (Finland).
Revenue optimization, growing analytics in telecom industry, and regulatory compliance are major drivers of the market.
The market is segmented on the basis of analytics type, component, application, organization size, and deployment models. On the basis of analytics type, the market is segmented into customer analytics, network analytics, subscriber analytics, location analytics, price analytics and service analytic, and others. On the basis of application, the market is segmented into customer management, network management, marketing management, sales and distribution, Risk and Compliance Management, Workforce Management, and others. On the basis of organization size, the market is segmented into large enterprises and SMEs. On the basis of component, the market is segmented into solution and services. On the basis of deployment models, the market is segmented into on-premises and cloud-based.