Feb 26, 2020 (KD Market Insights via COMTEX) -- Telecom Analytics Market by Component (Solution and Service), Deployment (Cloud and On-premise), Organization Size (Large Enterprises and Small & Medium Sized Enterprises), and Application (Customer Management, Network Management, Sales & Marketing Management, Risk & Compliance Management, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
The Global Telecom Analytics Market is estimated to grow at a CAGR of 13.9% during the forecast period 2019-2026. As per the analysis, the market was valued at $3.52 billion in the year 2018, and is anticipated to reach $9.89 billion by the end of the year 2026.
Telecom analytics is a branch of business intelligence that deals with data mining, predictive modeling, descriptive modeling, multidimensional analyses, optimization and forecasting and text analytics among others. Telecom analytics is used to satisfy the complex requirement of telecommunication organization. The sectoral analytics are used to gain insight to various facets of marketing management, sales management, operation management, network management, workforce management, risk and compliance management and customer management.
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