Big Data telecom analytics market is expected to grow at a CAGR of approximately 50% from 2014-2019
Albany, NewYork (PRWEB) February 03, 2015
Carriers vie for Business-to-Business (B2B) Services through the Data as a Service (DaaS) platform that not only offers excellent business opportunities but represents a rapidly growing revenue stream in the global market. The report elaborates on the definition of DaaS as any service that is offered for the users to gain an access to the vendor databases or host their own databases on vendor-managed systems. According to the report, the DaaS segment is expected to increase by 2019. Its growth is expected to be significant in the near future due to the introduction of a few dominant platforms including enterprise data syndication, cloud-based infrastructure or services, and the trend amongst consumers towards Everything as a Service (XaaS).
This report is a complete guide to recognizing and understanding the broad role of DaaS services and the importance it has as a service offering in the world of technology. Besides the forecast data for DaaS, the report also discusses the DaaS infrastructure challenges for certain operations, as well as its need to various market sectors.
The report also throws light on the strategic methods of network operators that may sell data in a ‘Data as a Service (DaaS)’ model across different industry verticals including government, telecommunications, retail and hospitality, health-care and pharmaceutical, media, utilities, homeland security, and other emerging industrial Internet verticals.
Moreover, the market for Big Data technology and services within the communications sector is set to grow rapidly in the next four years. Big Data Analytics will lead the market with transformation, differentiation, and optimization of mobile broadband business practices as one of the major key components in the global carrier B2B data revenue market.
It also identifies the carrier Big Data solutions and provides information on XaaS service packages in the carrier B2B data revenue market. According to the report, the Big Data telecoms analytics market is expected to grow at a CAGR of approximately 50% from 2014-2019. However, by the end of the forecast period 2019, the market will eventually reach US$5.4 billion in annual revenue.
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This study report provides a quantitative and qualitative analysis of the overall carrier B2B data revenue market, as well as the assessments of DaaS and Big Data, analytics providers along with their forecast data and key insights, respectively.
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