Frost & Sullivan Identifies 5 Growth Opportunities for Big Data Analytics Solutions in the Service Providers Market
"Vendors need to enhance their data analytics solutions with machine learning capabilities to optimize 5Gservices management," said Rohan Joy Thomas Industry Analyst, Measurement & Instrumentation. "Already, they are transitioning from hardware probes to standardized software probes to reduce costs and interoperability issues while deploying monitoring solutions. The solutions that can test and monitor network infrastructure end-to-end are likely to experience the highest uptake."
Frost & Sullivan's recent analysis, Global Data Analytics Solutions for Service Providers Market, Forecast to 2023, presents a comprehensive analysis of the market across the regions of North America, Latin America, Europe, Asia-Pacific, and the Middle East and Africa. It analyzes the key end-user segments of wireless, fixed, and video, as well as the technologies of network optimization and planning, and customer experience management solutions.
For further information on this analysis, please visit: http://frost.ly/37t
"To make the most of the global digitalization trend, testing and monitoring vendors are looking to engineer data analytics solutions that can holistically analyze data traffic across regions and thereby, help operators optimize the deployment of their network," noted Thomas." Solutions that are light-weight and can be deployed at the mobile edge will also experience a surge in demand."
Major trends expected to influence the market positively in the next 3-5 years include the surge in data traffic and the subsequent rise in network densification, the proliferation of Internet of things (IoT) and the rise in adoption of connected devices, the adoption of virtualization among network operators, and the expected launch of 5G services.
Vendors are strategically acquiring smaller companies to fill the gaps in their technology portfolio as well as broaden their geographic footprint. To sustain their momentum of growth, they need to rapidly respond to additional growth opportunities inherent in:
Global Data Analytics Solutions for Service Providers Market, Forecast to 2023 is part of Frost & Sullivan's global Test & Measurement Growth Partnership Service program.
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Global Data Analytics Solutions for Service Providers Market, Forecast to 2023
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