Telecom Analytics Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 13.19 Billion by 2030: Verified Market Research®

PR Newswire
Friday, June 9, 2023 at 2:15pm UTC

Telecom Analytics Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 13.19 Billion by 2030: Verified Market Research®

PR Newswire

The "Global Telecom Analytics Market Size By Application (Sales And Marketing Management, Risk And Compliance Management), By Component (Software, Services), By Geographic Scope & Forecast, 2023-2030" report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Telecom Analytics Market, including its growth prospects, market trends, and market challenges.

JERSEY CITY, N.J., June 9, 2023 /PRNewswire/ -- The Global Telecom Analytics Market is projected to grow at a CAGR of 13.7% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 3.73 Billion in 2022 and is expected to reach USD 13.19 Billion by the end of the forecast period.


Download PDF Brochure:

Browse in-depth TOC on "Telecom Analytics Market"
202 - Pages
126 – Tables
37 – Figures

Telecom Analytics Solutions Drive Customer Experience and Loyalty in Highly Competitive Market

Communication service providers are harnessing the power of telecom analytics solutions to assess and analyze their data, gaining valuable insights that elevate customer experience, foster loyalty, and enhance operational efficiency. With numerous benefits, including increased profitability, enhanced customer satisfaction, improved efficiency, and identification of potential issues, telecom analytics is essential for organizations seeking to thrive in the highly competitive telecom industry.

In today's cutthroat market, staying abreast of the latest technologies is paramount for telecom companies. By embracing telecom analytics initiatives, companies can gain a competitive edge over their rivals and position themselves as industry leaders. These solutions are revolutionizing the way telecom providers evaluate their data, unlocking actionable insights that drive business growth and success.

On a global scale, telecom analytics solutions are driving consumer relationship strengthening and fostering loyalty towards organizations. Churn, which represents the number of users who switch telecom providers within a given period, poses a significant concern for telecom service providers. To address this challenge, telecom analytics is utilized to mitigate churn effectively. As a result, telecom companies are placing increased emphasis on bolstering customer satisfaction and minimizing expenditures on marketing and advertising to maintain profitability.

Key players in the telecom analytics market, including Teradata, SAS Institute, Adobe, SAP, Oracle, IBM, Cisco, Micro Focus, TIBCO, and MicroStrategy, are at the forefront of innovation, continuously developing and refining their offerings to meet evolving market demands. These industry leaders employ key development strategies, engage in comprehensive market share analysis, and strive for higher market rankings.

The telecom analytics market, particularly the customer management segment, holds the dominant position. This is primarily due to the escalating customer churn rate and the growing number of telecom operators investing in customer retention strategies. By leveraging advanced analytics, telecom providers are equipped to proactively address customer needs and ensure a seamless experience.

As technology continues to advance, the scope of data analysis applications expands, presenting new opportunities for businesses. Telecom analytics solutions are poised to revolutionize the industry, enabling communication service providers to unlock the full potential of their data and achieve sustainable growth.

Based on the research, Verified Market Research® has segmented the global Telecom Analytics Market into Application, Component, And Geography.

  • Telecom Analytics Market, by Application
    • Sales and Marketing Management
    • Risk and Compliance Management
    • Network Management
    • Customer Management
    • Others
  • Telecom Analytics Market, by Component
    • Software
    • Services
  • Telecom Analytics Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K.
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Process Analytical Technology (PAT) Market By Products and Services (Products, Services), By Measurement (On-line, In-line), By End User (Pharmaceutical Manufacturers, Biopharmaceutical Manufacturers), By Technique (Spectroscopy, Chromatography), By Geography, And Forecast

Industrial Analytics Market By Offering (Platforms, Services), By Type (Descriptive Analytics, Diagnostic Analytics), By Vertical (Telecommunications and IT, Transportation and Logistic), By Geography, And Forecast

Insight As A Service Market By Type (Predictive Insights, Descriptive Insights), By Application (Customer Analytics, Strategy Management), By Vertical (Retail and Consumer Goods, Telecommunication and IT), By Geography, And Forecast

Product Analytics Tools & Software Market By Product (Cloud-based, On-premises), By Application (Small And Medium Enterprises (SMEs), Large Enterprises), By Geography, And Forecast

Top Customer Journey Analytics Services endeavoring customer engagement

Visualize Telecom Analytics Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Follow Us: LinkedIn | Twitter



Cision View original content:

SOURCE Verified Market Research