The global Communication Service Provider (CSP) network analytics market witnessed a valuation of USD 1.50 Billion in 2022, driven by the surge in data traffic, driven by the widespread use of smartphones, Internet of Things (IoT) devices, and bandwidth-intensive applications like video streaming and online gaming. CSP network analytics plays a pivotal role in enabling telecom companies to analyze network data and statistics, identifying trends and patterns to make informed decisions. Regulatory initiatives aimed at data privacy and cybersecurity have further accelerated the adoption of network analytics tools. However, the market faces challenges stemming from the use of conventional networks with rigid architectures and limited scalability.
