Global Big Data and Analytics in Telecom Market Overview:
Big Data and Analytics in telecom used to study the large volume of data in order to process them in a way to take better decision. Telecom companies generate a huge amount of data which can be processed to know user behaviours. Though big data possess huge monetizing potential stringent regulations regarding data security limits its use. The Big Data analytics in Telecommunication is expected to grow in the market owing to growing fraudulent activities in telecom Sectors and rise in demand for Quality of Services. Some of the players profiled in the study are Accenture (Ireland), Cisco Systems (United States), Informatica (United States), SAS Institute (United States), Microsoft Corp. (United States), Google Inc. (United States), Hewlett-Packard Co. (United States), EMC Corp. (United States), IBM Corp. (United States), Oracle Corp. (United States), Teradata Corp. (United States), Amazon Web Services, Inc. (United States), Latentview (United States), Indix (United States), Analytic-Edge (United States), Tookitaki (Sinagpore), Splunk Inc. (United States), Couchbase Inc. (United States) and Cloudera, Inc. (United States).
On the basis of geography, the market of Big Data and Analytics in Telecom has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component, the sub-segment i.e. Software will boost the Big Data and Analytics in Telecom market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution, the sub-segment i.e. Fraud Detection will boost the Big Data and Analytics in Telecom market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Big Data Helps Improve Quality of Services by Enabling Enterprises Take Better Decision
- Massive Growth of Data
- Growing Use of Big Data in Identifying Fraudulent Activities in Telecom Sector
- Emergence of IOT (Internet of Things)
- Rising Demand for Agile Data Analytics
- Constant Access to Ad-Hoc Queries
- Stringent Regulations Regarding Security and Privacy of Data
- Lack of Awareness of the Benefits of Big Data Solutions and Services
- Emergence of 5G Technology
- Big Data Solutions Enhancing Organizational Return on Investment
- Lack of Effective Strategy Regarding Big Data Application Among Enterprises
- Integration of All Necessary Data Sources
Key Market Developments:
In February 2019, Intracom S.A. Telecom Solutions announced today the introduction of its new Point-to-MultiPoint (PtMP) MW radio, WiBAS micro-BS for corporate and residential connectivity. The Intracom S.A. Telecom Solutions is a global telecommunication system and solutions which has set the benchmark in fixed wireless access and it innovates in the backhaul, 5G/4G wireless fronthaul and small-cell SON backhaul international arena. Intracom Telecom offers solutions as revenue-generating software solutions and ICT services which focus on IoT, SDN/NFV, Big Data analytics & data-driven intelligence and Smart City solutions.
According to U.S. Federal Regulation “Big data is done through a variety of statutes. To fully appreciate privacy in the United States it is important to note there is no one unified federal privacy law. Rather, privacy regulations come in the form of separate statutes and agency regulations. Some of the most well-known privacy laws are Health Insurance Portability and Accountability Act of 1996, commonly referred to as HIPPA. This statute protects patient information and controls the type of patient data that can be released. HIPPA pre-dates the big data movement (although it has been updated as late as 2013 in the Omnibus bill), and because of that the data in big data is restricted to conform to HIPPA regulations.”
Big Data Software Vendors, Big Data Service Vendors, System Integraters, Network And Systems Integrators, Value-Added Resellers (Vars) And Distributors, Research Organizations, Independent Software Vendors, Telecom Companies, Potential Technology Investors, Government Agencies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Big Data and Analytics in Telecom market on the basis of product [Predictive analytics, Data mining, Text analytics and Statistical analysis] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Big Data and Analytics in Telecom market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Big Data and Analytics in Telecom industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are TEG Analytics (United States), Heckyl Technologies (United Kingdom), KloudData Inc. (United States), Gramener (United States), Germin8 (India), VIS Networks Pvt. Ltd. (India), Abzooba (United States) and Fintellix (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Big Data and Analytics in Telecom market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.