Network Automation Market Future Scope, Size Estimation, Revenue, Pricing Trends, Regional Outlook and Forecast to 2025

According to a research report "Network Automation Market by Network Automation Tool, Intent-Based Networking, Network Type (Physical, Virtual, and Hybrid), Service, Deployment Mode (Cloud and On-Premises), End User, Enterprise Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets, size is projected to grow from USD 2.9 billion in 2020 to USD 8.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 24.8% during the forecast period. The major factors driving the growth of the network automation market include increasing network traffic and cloud infrastructure leading to a significant transition in data centers, increasing adoption of connected devices, increasing adoption of automation technologies such as AI and machine learning, rising adoption of virtual and software-defined infrastructure, and surge in human error rates in manual systems causing network downtime.

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Driver: Increasing network traffic and cloud infrastructure leading to a significant transition in data centers

In the new cloud-based world, the network is more important than ever to IT operations. Moreover, with critical servers and data hosted in the cloud, network traffic is increasing, as users access the data and computing resources from both remote locations and corporate headquarters. The proliferation of cloud services that complement traditional enterprise data centers has increased the complexity of network traffic flow patterns. Many organizations are looking for ways to optimize their networks to work with cloud platforms. The increased network traffic is giving rise to the need for network automation solutions that enhance the management of network traffic with complete network visibility across all environments.

Opportunity: Rising investments in R&D and emerging automation solutions

Networking companies are heavily investing in the R&D of networking solutions, with a focus on long-term value creation. Based on the fluctuations in short-term business performance and financial results, leading networking companies have not reduced their investment for the innovation and testing of network automation solutions. For instance, networking companies, such as Forward Networks, have come up with Intent-based Networking Solutions. Intent-based Networking takes business policy as its input, converts the requirement to a network configuration, and generates network designs.

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North America to hold the highest market size during the forecast period

North America is projected to lead the network automation market during the forecast period.  In North America, enterprises and service providers are continuously changing their network infrastructure to cope with advanced technologies. North America is home to many technological innovators. Most of the leading market players, such as Cisco, IBM, Juniper Networks, and NetBrain, have their headquarters in this region. These players provide effective network automation solutions worldwide and possess a huge customer base. North America is expected to remain a leader in the market, due to the rising demand for high-speed networks and increasing competition among major players in the networking industry for providing a better customer experience.

Key Market Players

Key players operating in the network automation market include Cisco, Juniper Networks, IBM, Micro Focus, NetBrain, Forward Networks, SolarWinds, VMware, BMC Software, Anuta Networks, Apstra, BlueCat, Entuity, Veriflow, Riverbed, Itential, Volta Networks, Sedona Systems, Kentik, SaltStack, NetYCE, Versa Networks, AppViewX, BackBox and 128 Technology. These players have adopted various organic and inorganic strategies to grow in the global network automation market.

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, "Knowledge Store" 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.

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2025 Lease Management Market Share | Application Analysis, Regional Outlook | Competitive Strategies, Key Players

According to a research report "Lease Management Market by Component (Solutions and Services), End User (Housing, Corporate, and Property Managers), Deployment Mode, Organization Size, Vertical (Real Estate, Retail and Ecommerce, and BFSI), and Region - Global Forecast to 2025" published by MarketsandMarkets, the Lease management market size is projected to grow from USD 4.4 billion in 2020 to USD 5.9 billion by 2025, at a CAGR of 5.9% during the forecast period. The demand for lease management is driven by the Increasing demand for SaaS model for effective management of lease, Increasing demand for smart building projects to efficiently manage lease, and Emerging technologies, such as IoT, AI, and mobility, for real-time data analysis.

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Driver: Increasing demand for SaaS model for effective management of lease

The advent of cloud technology is one of the major breakthroughs in the software industry. This technology affects the way software applications are run and delivered to clients. The shifting to the cloud has enabled software developers to focus more on the technology aspect of the lease management software while outsourcing the lease management aspect to cloud service providers. The SaaS software enables the user to pay per use and cancel services whenever they want. The software enables the big multifamily real estate organizations to easily integrate different kinds of software across the portfolio.

The SaaS model is instrumental in supporting multi-vendor software compatibility with legacy systems. SaaS platforms are allowing real estate managers to integrate their lease management software with advanced payment solutions for easy and seamless transactions. These platforms enable efficient energy utilization, easy process integration, and lease administration management. Owing to the aforementioned benefits, a large number of organizations are increasingly using the cloud platform for their daily needs. The deployment of SaaS-based solutions has helped several organizations meet the complex lease management challenges. Hence, the increasing adoption of cloud-based platforms is driving the growth of the lease management market globally.

Opportunity: Emerging technologies, such as IoT, AI, and mobility, for real-time data analysis

Currently, the market is gaining momentum around technologies, such as Internet of Things (IoT), advanced analytics, cutting-edge new sensors, mobility, SaaS, and new development environments, enabling more demand for enterprise integration than ever before, which, in turn, is impacting the deployment of the lease management software across real estate firms. Lease management software providers offer integrated solutions so that users can connect over social media, impacting project collaboration and space utilization. The lease management software is able to support device data from sensors, meters, and smartphones, thereby driving operations, decisions, and facilities automation. Unlike traditional analytic tools, the lease management software is already integrated with the Real Estate Financial Modeling (REFM) business process as well as is pre-configured for business use. This solution is able to offer real-time analytics, predictive analytics, and newly emerging cognitive analytics and presence analytics.

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North America to hold the largest market size during the forecast period

The North American lease management market is already mature for lease management, and a significant number of new installations of lease management and upgrade of the existing data center infrastructure systems have taken place to date. Currently, the United States (US) holds the highest share in the lease management market as it is home to large telecom giants, well-established suppliers, as well as end-user industries that continuously adapt to newer technologies for improved business productivity and work efficiency.

Market Players:

Market players profiled in this report include Accruent (US), IBM (US), Oracle (US), RealPage (US), SAP (Germany), Trimble (US), AppFolio (US), Odessa (US), CoStar Group (US), Nakisa (Canada), LeaseAccelerator (US), LeaseQuery (Singapore), Spacebase (US), RAAMP (US). These players offer various lease management solutions to cater to the demands and needs of the market. Major growth strategies adopted by the players include partnerships, acquisitions, collaborations and agreements, and new product launches/product enhancements.

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, "Knowledge Store" 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

 

 

 

 

 

 

 

 

 

 

 

Virtual Mobile Infrastructure Market By 2024 | Global Key Players, Trends, Share | Industry Size, Segmentation

According to a research report "Virtual Mobile Infrastructure Market by Component (Platforms and Services), Deployment Type (Cloud and On-premises), Vertical (BFSI, Healthcare, Manufacturing, and Government), and Region (North America, Europe, APAC, and RoW) - Global Forecast to 2024", published by MarketsandMarkets, the Virtual Mobile Infrastructure (VMI) market is expected to grow from USD 113 million in 2019 to USD 173 million by 2024, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. The major factors driving the VMI market include increase in smartphone penetration and reduced hardware and operating cost using VMI.

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Services segment to record the highest CAGR during the forecast period

The services segment of the market has been subsegmented into professional services and managed services. In the virtual mobile infrastructure market, services play a vital role in the functioning of various virtual mobile infrastructure platforms. Most of the market vendors offer professional services to manage the deployment of virtual mobile infrastructure platform. These services ensure faster and smoother implementation, which maximizes the value of enterprise investments. Services have become an integral part of platforms as they also address pre and post-deployment queries of virtual mobile infrastructure further accelerating the adoption of services segment during the forecast period.

Cloud segment to grow at the highest CAGR during the forecast period

Cloud computing is one of the most effective technologies today, and it has impacted every line of business. Cloud-based solutions involve Software-as-a-Service (SaaS) model, in which users can access Software-as-a-Service virtual mobile infrastructure platforms virtually, through the internet. In this deployment type, virtual mobile infrastructure platforms are delivered via the cloud. The cloud segment is expected to grow at the highest CAGR owing to the advantages of deploying cloud-based virtual mobile infrastructure platforms, which include flexibility, scalability, affordability, operational efficiency, and low IT-related costs. However, cloud-deployed virtual mobile infrastructure platforms have certain shortcomings, such as lack of control over applications, strict government regulations, and private content.

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North America to hold the largest market size in 2018

North America has a high number of unique mobile subscribers; hence, North American businesses can efficiently implement virtual mobile infrastructure solutions to enhance the productivity of the mobile workforce. According to the report Mobile Economy North America 2018, published by GSMA, unique mobile subscribers in North America exceeded 300 million, accounting for 84% of the population, by the end of 2017. With a high number of unique mobile subscribers, North America represents significant growth opportunities for virtual mobile infrastructure vendors. The US and Canada are the countries considered in the North American region in the virtual mobile infrastructure industry.

Key Market Players

In the virtual mobile infrastructure (VMI) market, the key players include Trend Micro (Japan), Avast Software (Czech Republic), Sierraware (US), Nubo (US), Intelligent Waves (US), Pulse Secure (US), Raytheon (US), Prescient Solutions (US), Fortinet (US), and Genymobile (France). These players have adopted various strategies to grow in the global virtual mobile infrastructure markets. They have adopted organic and inorganic strategies, such as new product launches and product enhancements, mergers and acquisitions, as well as agreements and partnerships to expand their business reach and drive their business revenue growth.

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, "Knowledge Store" 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

 

 

 

 

 

 

 

 

 

 

 

2024 IoT Connectivity Market Outlook | Pricing Strategy, Industry Latest News | Top Company Analysis, Share

According to a research report "IoT Connectivity Market by Component (Platform, Services), Organization Size, Application Areas (Building &Home Automation, Smart Energy & Utility, Smart Manufacturing, Connected Health, Smart Retail, Smart Transportation), Region - Global Forecast to 2024", MarketsandMarkets expects the IoT Connectivity market to grow from USD 3.8 billion in 2019 to USD 8.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 18.7% during the forecast period. Major factors expected to drive the growth of the IoT connectivity market include an increase in demand for connected devices; the need for reliable, secure, and high-speed network connectivity; and ability to integrate the standalone and non-standalone components of IoT ecosystem.

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By organization size, the large enterprises to constitute a larger market size during the forecast period

Based on organization size, the global IoT connectivity market is segmented into SMEs and large enterprises. The segmentation has been carried out based on the number of employees in the organizations. The large enterprise segment is expected to have the largest market size in the market, due to their early adoption of IoT connectivity platform and high investment capabilities.

Large enterprises can benefit from the cloud services which require IoT connectivity, as they can host their large number of applications in the cloud network, which eases application management. With the cloud, enterprises can achieve improved collaboration, along with faster performance, quick responsiveness, and greater agility, without having to operate a server infrastructure. On the other hand, the SMEs segment is expected to experience moderate growth in the adoption of IoT connectivity platform and associated services.

The managed services segment to grow at a higher CAGR during the forecast period

Among services, the managed services segment is expected to witness a higher growth rate than the professional services segment during the forecast period. Managed services help clients manage their IoT connectivity operations from consultancy to deployment and maintenance. The prime responsibility of the managed services providers is to improve the efficiency of inbound and outbound operations cost-effectively for enterprises.

Managed services assist clients in outsourcing the IoT connectivity to service providers for efficiently managing their key business operations. These services are very useful for companies, which do not have internal budgets or analytical skills to implement and manage the IoT connectivity platforms. The managed service providers handle end-to-end deployment and after-sales services for the platform.

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North America to account for the largest market size during the forecast period

North America is expected to hold the largest market size during the forecast period. The US has emerged as the largest market for IoT connectivity due to the large-scale implementation of the technology by organizations and enterprises in the country. The high pace of digital transformation, along with the high growth of IoT, Artificial Intelligence (AI) and cloud computing, is attributing to the fast growth of the IoT connectivity market in the US.

Key Market Players

Key and emerging market players include AT&T (US), Cisco (US), Verizon (US), Vodafone (UK), Ericsson (Sweden), Sierra Wireless (Canada), Orange (France), Telefónica (Spain), Huawei (China), Telit (Italy), Hologram (US), Particle (US), Aeris (US), Sigfox (France), EMnify (Germany), and Moeco (US). These players have adopted various strategies to grow in the IoT connectivity market. The companies are focused on inorganic growth strategies to strengthen their market position.

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, "Knowledge Store" 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

 

 

 

 

 

 

 

 

 

 

 

2026 Enterprise Asset Management Market Share | Growth, Size, Statistics | Industry Key Features, Opportunities

According to a research report "Enterprise Asset Management Market analyze the micro markets with respect to individual growth trends, prospects, and their contribution to the total market and provide detailed information about the key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market. The global Enterprise Asset Management (EAM) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period, to reach USD 5.5 billion by 2026 from USD 3.3 billion in 2020. Major factors that are expected to drive the growth of the EAM market include increasing shift from legacy asset management methods to modern asset management by enterprises, rising popularity of SaaS-based EAM solutions, growing need for gaining a 360-degree view of assets, increased usage of IoT platforms and devices to manage enterprise assets, elimination of overheads caused due to adherence to compliance, convergence of technologies such as AI, IoT, and analytics, and increase in mobility usage among end users.

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Drivers: Increased usage of IoT platforms and devices to manage enterprise assets

The EAM market is undergoing a significant transition with the advent of supplementary and new technologies. The evolution of Industrial Internet of Things (IIoT) has increased the demand for EAM systems. IoT helps in monitoring and procuring data from remote sites. This data is helpful when integrated with EAM systems as it helps in inferring insightful information.

Opportunities: Need for extending the life span of assets with the help of advanced technologies

Digitization across different verticals is creating new opportunities for organizations to optimize their relationships with customers. Many asset–intensive organizations are focusing on investing in new and ground–breaking technologies to radically transform and improve their operational processes. In today’s highly competitive business environment, asset–intensive businesses succeed and fail based on how they manage complexities in the face of increased competition. Best–in–class organizations are embracing emerging technologies, such as AR, IoT, AI, predictive maintenance, digital twin, and telematics, as the next big thing in industrial services would be to accurately forecast the future of physical assets. The impact of EAM solutions is more than just boosting the bottom line. According to a few primary respondents and industry experts, organizations readily adopt modern EAM solutions to increase the longevity of assets.

Based on application, the asset lifecycle management segment to be a larger contributor to the EAM market growth during the forecast period

Asset lifecycle management is the process of optimizing profits generated by assets throughout their lifecycle. It comprises a few inter-management processes, such as comprehensive asset portfolio management, rigorous project execution, and effective and efficient asset management practices, which help deliver desired outcomes. It helps increase organizational productivity by helping end users to make informed decisions on IT needs and services. It also helps increase organizational productivity by helping organizations to make informed decisions on IT needs and services. Most of the EAM vendors offer the asset lifecycle management solution to streamline asset lifecycle processes, reduce maintenance costs, and improve the quality of IT services.

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Asia Pacific (APAC) to grow at the highest CAGR during the forecast period

APAC is one of the fastest-growing regions in terms of technology adoption, and the demand for digitization is driven by various initiatives carried out by different governments and large enterprises in the region. Countries such as China, Japan, Australia, Singapore, India, and Indonesia are leading this technology adoption, which includes embracing new-age technologies such as AI, edge, IoT, analytics, and cloud. The rising adoption of cloud technologies and increasing amount of data lead to the complexity of managing workloads and applications manually, which would act as a major factor driving the adoption of EAM among enterprises in this region. The affordability and ease of deployment of cloud services would act as major factors for the adoption of cloud technologies among enterprises. Some of the major vendors operating in the region are IBM, Infor, IFS, and SAP.

Key Market Players

The EAM market is dominated by companies such as IBM (US), SAP (Germany), Oracle (US), Infor (US), IFS (Sweden), ABB (Switzerland), Intelligent Process Solutions (Germany), Maintenance Connection (US), Aveva (UK), Aptean (US), Emanit (US), CGI (Canada), Rfgen Software (US), Assetworks (US), Ultimo Software Solutions (UK), UpKeep (US), and others. These vendors have a large customer base and strong geographic footprint along with organized distribution channels, which helps them to increase revenues.

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, "Knowledge Store" 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

 

 

 

 

 

 

 

 

 

 

 

2023 Telecom Analytics Market Size, Share | Trends, Type, Application, Drivers | Competitive Landscape, Future Plans

According to a research report "Telecom Analytics Market analyze opportunities in the market for stakeholders and provide the competitive landscape of the market and define, describe, and forecast the telecom analytics market based on components, deployment models, organization size, applications, and regions. 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. 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.

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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 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 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.

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North America to account for the largest market size during the forecast period

The global telecom analytics market by region covers 5 major geographic regions, namely, North America, Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America. North America is expected to account for the largest market size during the forecast period. It is expected to hold the highest market share and dominate the market from 2018 to 2023, due to the presence of a large number of solution vendors in the US. The APAC region is witnessing significant growth opportunities, owing to growing technology expenditure in major countries, such as Japan, China, and India and rising demand for cost-effective analytical software and services by Small and Medium-sized Enterprises (SMEs).

Key Market Players

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, "Knowledge Store" 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