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Any time a particular market area experiences growth, it usually portends expansion in related areas.

The telecom market is no exception, and a new report projecting the telecom analytics market to hit new heights by 2019 can only mean that those companies that work in the field will do well, as well.

The report from a major industry analysis company—“Telecom Analytics Market by Software Applications - Global Forecast to 2019”—outlines the expected explosion of this niche and what that rise will mean to attendant companies.

The forecast calls for the global telecom analytics market to grow from $975.2 million in 2014 to $4,296.6 million by 2019, at a CAGR of 34.5 percent. Not surprisingly, in terms of regions, North America is expected to be the biggest gainer in terms of market size, while Europe and Asia-Pacific (APAC) are expected to experience increased market traction as well during the forecast period.

“With the present enormous rise in telecom subscribers across the globe, the telecom industry has been summarily prospering,” the company noted in a release. “The prolific advancements in the telecom service offerings over the years have expansively enriched the experience of the subscribers.” What that means is, those in the industry are in for fast rise upward.

In short, there will be an implicit need for telecom operators and enterprises supplying telecom offerings, to help retain their subscribers and ensure ongoing revenue generation. Thus, telecom analytics plays the most crucial role in aiding these telecom operators and enterprises which form the chief core users, with methodologies to tactically provide optimized and exclusive solutions to its subscriber base. Naturally, this also creates opportunity for Master Agents, those who can help the uninitiated navigate this unfamiliar territory.

If you’re seeking your next big opportunity, you might want to tune in to some aspect of telecommunications.