Friday, July 25, 2014

[Analysis Mason]: Telco Big Data Analytics Market to Reach $2.3B in 2014

A new report by Justin van der Lande [pictured], Principal Analyst, Analysis Mason covers the big data analytics market for telcos - "Big data analytics (BDA) is not just a passing trend; it is becoming an increasingly important part of every aspect of a communications service provider’s (CSP) operations. The drive for efficiency gains, coupled with the need to personalize customers’ experiences, is driving new installations".

"Analysys Mason estimates the size of the analytics market in the telecoms sector to be US$2.1 billion in 2013, and market growth is expected to be near 9% in 2014. The market is heavily biased towards the developed markets of North America and Western Europe, as depicted in Figure 2. This market size includes only the analytics software and associated visualization functions, and tools for extracting, loading and transforming (ELT) data into an infrastructure and schemas specifically built for the telecoms sector".

"New vendors continue to enter the BDA markets, encouraged by the growing demand by CSPs and the availability of new, low-cost technology that is open source and is increasingly accepted by CSPs. Vendors are categorized into four types based on their history and current capabilities, which provide different view-points on open source and their access to the CSPs. These categories are storage vendors, general-purpose analytics vendors, specialist vendors and new telecoms-specific analytics vendors"

See "The future of big data analytics in the telecoms industry" - here.