Global CSP Network Analytics Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at 15.8% through 2020 to 2027, reaching nearly US$ XX Bn.
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CSP (Communication Service Providers) network analytics help the telecom operators to monitor and maintain the total functioning of the call management and traffic management for data and voice. Telecom suppliers are continuously focusing on improving their services with maximum coverage and bandwidth.
Global CSP Network Analytics Market dynamics are thoroughly studied and explained in the MMR report, which helps the reader to understand developing market trends, drivers, restraints, opportunities, and challenges at the global and regional level for the CSP Network Analytics Market. The better penetration of the internet has surged the demand for mobile applications, which has generated new avenues of growth for the market. It has been expected that nearly 45% of the worldwide population had access to the internet in 2016. Communication service providers’ network analytics facilitates the simplification of huge data and complex network infrastructure. An inclination towards virtualization and automation has been witnessed in recent times, which has a positive impact on the revenue creation for market participants. Mobile operators are emphasizing on creating automated solutions for boosted operational efficiency and customer satisfaction. Such as, various mobile operators have launched their chatbots or digital helpers for commercial applications.
The surge in demand for and supply of mobile phones resonates opportunities for players operating in CSP network analytics market globally. The strategies devised and implemented by the companies for gaining traction and strengthening their footholds in the market favour market proliferation, and it is expected to continue over the next few years. However, data security and privacy concern are one of the key challenges that might hold market growth over 2020-2027.
By end-user, the mobile operator's segment was valued at USD XX.23 Mn. in 2019 and is expected to reach USD XX.12 Mn. by 2027 at a CAGR of XX.04% during the forecast period. The growth in the mobile operator segment is attributable to the upsurge in the adoption of BYOD culture. The market value of the fixed operator segment was valued at US$ XX.4 Mn in 2019. Also, the report covers the segments in the CSP network analytics market such as component, deployment, organization size, and end-user.
North America accounted for the largest market share in 2019, with a market value of US$ XX.08 million; the regional market is expected to register a CAGR of XX.11% during 2020-2027. The factors like the occurrence of significant players in the region, along with infiltration of smartphones and huge investments by CSP providers towards the expansion of network infrastructure are heavily attributing for the prominent market share of North America. However, Europe is now considered to be the second-largest market for CSP network analytics as it was valued at US$ XX.3 million and accounted for XX.2% share of the market in 2019.
In recent years, major players in the CSP network analytics market have taken several strategic measures, such as facility expansions and partnerships. For example, In April 2019, Cyient, an engineering and geospatial solutions company, announced that it rolled out a portfolio of solutions and services to support CSP accelerate the rollout of 5G network globally.
The objective of the report is to present a comprehensive analysis of the Global CSP Network Analytics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global CSP Network Analytics Market dynamics, structure by analyzing the market segments and projects the Global CSP Network Analytics Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global CSP Network Analytics Market make the report investor’s guide.
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Global CSP Network Analytics Market, By Component
Global CSP Network Analytics Market, By Deployment
• On Cloud
Global CSP Network Analytics Market, By Organization Size
• Large Enterprise
• Small and Medium Enterprise
Global CSP Network Analytics Market, By End User
• Mobile Operators
• Fixed Operators
Global CSP Network Analytics Market, By Region
• Asia Pacific
• North America
• Latin America
• Middle East Africa
Key players operating in the Global CSP Network Analytics Market
• Cisco Systems, Inc.
• IBM Corporation
• Accenture PLC
• Huawei Technologies Co. Ltd
• Samsung Electronics Co., Ltd.
• Alcatel-Lucent S.A.
• NEC Corporation
• Nokia Networks
• Brocade Communications Systems, Inc.
• Ciena Corporation, Citrix Systems, Inc.
• ECI Telecom Ltd
• Juniper Networks
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