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The factors such as the growing need for churn prevention, increasing demand for effective revenue management, and rising attacks and suspicious activities are expected to fuel the market growth.<br>Know More: https://cutt.ly/pGLPtkJ
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Downloaded from: justpaste.it/758lm Telecom Analytics Market Set for Rapid Growth Of USD 6.0 billion By 2023: MarketsandMarkets™ Telecom Analytics Market The report “Telecom Analytics Market demand is increasing for effective revenue management, and rising attacks and suspicious activities are expected to fuel the market growth. Telecom Analytics Market by major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market based on components, deployment models, organization size, applications, and regions - Global Forecast to 2023" published by MarketsandMarkets. The telecom analytics market size is expected to grow from USD 3.1 billion in 2018 to USD 6.0 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.3% during the forecast period. Browse 30 market data Tables and 30 Figures spread through 136 Pages and in-depth TOC on “Telecom Analytics Market by by Application (Customer Management, Sales and Marketing Management, Risk and Compliance Management, Workforce management, and Network Management), Component, Deployment, Organization Size, and Region - Global Forecast to 2023” Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=73969513 The consulting segment to grow at the highest CAGR during the forecast period Consulting services mainly steer around the critical issues and opportunities related to strategies, marketing, operations, technologies, mergers and acquisitions, and finance, leading to increased effectiveness, boosted performance, reduced costs, and enhanced resilience. Consulting in the telecom analytics market is poised to grow at a steady speed, as companies in the telecom industry vertical are realizing the significance of analytics in their value chain and are selecting appropriate technologies and vendors based on their requirements and budgets. The software segment to hold a larger market size during the forecast period The telecom analytics market by component covers software and services. The software segment outperforms the services segment and would see maturation in the future, due to a higher adoption of software. Telecom analytics software are currently being deployed to cater to complex Business Intelligence (BI) requirements of the telecom industry vertical. These requirements include churn reduction; fraud detection; risk management; cross-sell and upsell product and services plans; customer segmentation and analysis; revenue management; and security and compliance. The cloud deployment model to grow at a higher CAGR during the forecast period The cloud deployment model is expected to grow at a higher CAGR during the forecast period. Cloud-based solutions are gaining a firm hold in the market due to various benefits, such as cost control, resource pooling, and less implementation time.
The telecom analytics market comprises major solution providers, such as SAP (Germany), Oracle (US), IBM (US), SAS Institute (US), Adobe (US), Cisco (US), Teradata (US), Micro Focus (UK), TIBCO (US), MicroStrategy (US), Tableau (US), Panorama Software (Canada), Qlik (US), OpenText (Canada), Alteryx (US), and Sisense (US). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model —GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1–888–600–6441 sales@marketsandmarkets.com