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Communication Service Provider (CSP) Network Analytics Market Share

Report ID: GMI8408
Published Date: Mar 2024
Report Format: PDF

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Communication Service Provider Network Analytics Market Share

IBM and Cisco dominate the market with over 12% of the revenue share. IBM creates an extensive data integration and analytics platform designed specifically for communication service providers. This platform is adept at handling significant volumes of network data in real-time, utilizing IBM's proficiency in big data, artificial intelligence, and machine learning. It offers advanced analytics functionalities for monitoring network performance, predicting maintenance needs, and identifying anomalies.

Cisco creates service assurance solutions for communication service providers to oversee and control service quality, SLA adherence, and customer satisfaction across various services like fixed, mobile, and cloud-based offerings. These solutions integrate quality of experience analytics tools to assess the performance of services, detect potential performance challenges, and take proactive measures to resolve service deterioration problems before they affect customers.

Communication Service Provider Network Analytics Market Companies

Major players operating in the communication service provider (CSP) network analytics industry are:

Accenture
Broadcom
Cisco
Ericsson
HPE
Huawei
IBM
Juniper
Nokia
SAS

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of CSP network analytics reached USD 1.8 billion in 2023 and is set to witness 12.5% CAGR between 2024 and 2032, led by the increasing demand for reliable and efficient network services.

The cloud segment held over 30% market share in 2023, as these solutions eliminate the need for communication service providers to invest in hardware infrastructure and software licensing upfront, considerably cutting their initial costs.

North America market share was over 30% in 2023, as the region is home to a large number of leading technology companies and inventive startups, pioneering the development and deployment of cutting-edge network technologies.

Accenture, Broadcom, Cisco, Ericsson, HPE, Huawei, IBM, Juniper, Nokia, and SAS.