Press Release

Service Optimization is One of the Key Attributes to the CSP Network Analytics Market

July, 2019

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The global communication service provider network analytics market is expected to witness a CAGR above 15.0% during the forecast period 2019–2025 to reach revenue of ~$1.5 billion by 2025


Bangalore, India, July 22, 2019: With its recently published study “Global Communication Service Provider (CSP) Network Analytics Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025”, Infoholic Research forecasts that the global market for CSP network analytics is expected to grow owing to the increasing need for intelligent monitoring and enhanced customer satisfaction for the telcos. Network analytics helps enterprises in understanding customer usage and their preferences in data consumption.

Network analytics find significant interest from the telecom operators in North America and Europe. The increasing competition among the telecom operators is compelling telecom network equipment providers to provide best consumer analytics. The trend of data consumption is likely to increase, especially in Asia Pacific and Middle East Africa during the forecast period 2019–2025. This trend is fueling the implementation of network solutions among telcos, helping the market to grow at a CAGR of 15.0% to reach revenue of $1.5 billion by 2025.

North America is dominant in the adoption of telecom network analytics market followed by Europe and Asia Pacific. North America is expected to invest heavily in 5G deployments and increase the data consumption. The telcos are all focusing on early market entry and capitalize on grabbing major market share. Asia Pacific is poised to grow at the highest CAGR as the region holds great potential, owing to greater smart phone adoption and data consumption at cheaper rates.

Access Full Report Summarywww.infoholicresearch.com/report/communication-service-provider-network-analytics-market

Customer insights is majorly contributing towards the CSP network analytics market as telecom operators are trying to crack new revenue generation streams to cater customized offering to its subscribers. The next two significant shares for the CSP network analytics market are attributed to customer management and engagement, which focuses on easy access to networks and less call drops and data speed. Most of the telecom network providers are offering network analytics specialized for telecom networks.

 

Telecom operators are increasingly focusing on adopting network analytics solution to offer best-in-class services to customers. In a competitive market, telcos are adopting several technologies including AI, ML, and big data to get more insights to improve services and understand voice and data usage patterns.”Swarup Bhowal, Research Analyst, Infoholic Research


Segmentation of the Report Include:

 

 


  • Application:

    • Customer Management and Engagement

    • Service Optimization

    • Customer Insights

    • Decision Management






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  • Type:

    • 2G/3G

    • 4G/LTE

    • 5G






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  • Geography:

    • North America

      • US

      • Canada






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    • Europe

      • UK

      • Germany

      • France

      • Rest of Europe






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    • Asia Pacific

      • China

      • Australia

      • Japan

      • India

      • Rest of Asia Pacific






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    • Middle East Africa

      • South Africa

      • UAE

      • Rest of Middle East Africa






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    • Latin America

      • Brazil

      • Mexico

      • Rest of Latin America






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  • Industry outlook: Market trends, drivers, restraints, and opportunities






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Contact:
Ms. Kathakali Basu

Infoholic Research LLP
IND: 080-461-51400
USA: 1-661-210-1186
kathakali@infoholicresearch.com