According
to Canadian
Radio-Television and Telecommunications Commission (CRTC), the total revenues
generated by telecom industry in Canada was USD 38.79 billion in 2017.
CRIFAX added a report on ‘Global
Digital Marketing Analytics Market, 2020-2028’ to
its database of market research collaterals consisting of overall market
scenario with prevalent and future growth prospects, among other growth
strategies used by key players to stay ahead of the game. Additionally, recent
trends, mergers and acquisitions, region-wise growth analysis along with
challenges that are affecting the growth of the market are also stated in the
report.
The increasing number of innovations and
advancements in technology globally has provided various business opportunities
and is predicted to drive the growth of the market over the forecast period
(2019-2028). The introduction of 5G accompanied by other technologies such as digital
reality comprising of Augmented Reality (AR), Virtual Reality (VR) and Mixed
Reality (MR) or the fast growing Internet of Things (IoT) are setting new
trends for the continuously evolving IT & Telecom industry. The total
number of cellular IoT connections are anticipated to reach 3.4 billion by
2023. The global Digital
Marketing Analytics Market is estimated to attain noticeable growth
over the next 6-7 years, owing to digital transformation taking place across
several services such as R&D & Testing, Information Technology (IT),
Telecom and Internet. The Information & Communication Technology (ICT)
goods exports recorded a growth of 11.51% in 2017 as against 11.20% in 2016.
Through 5G connection, about one billion enhanced mobile broadband
subscriptions are anticipated to be covered by 2023.
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The global Digital Marketing Analytics market is
anticipated to observe noteworthy growth in the forthcoming years, owing to
increasing investments by ICT and Telecom industries in research and
development activities associated with digital transformation. The United
States of America is anticipated to remain as the largest telecom market and
Asia Pacific is anticipated to attain highest market share in telecom sector.
World Development Indicators (WDI) has placed China at the top of the rankings
among the various nations according to Purchasing Power Parity (PPP), which
holds 19.38% of the world’s GDP as of 2018. According to Canadian Radio-Television and Telecommunications Commission (CRTC), the
Canadian telecom industry achieved a growth rate of 3.2% from 2016-2017
generating revenues of USD 38.79 billion in 2017, on account of improvement in
data usage through both fixed internet as well as mobile services. Fixed
internet services had an average growth rate of 7.0% by attaining revenues of
USD 8.87 billion between 2016 and 2017, whereas mobile segment achieved a
growth rate of 5.4% to garner revenues of USD 19.9 billion in 2017. All these
factors are anticipated to drive the growth of the market over the forecast
period.
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To provide better understanding
of internal and external marketing factors, the multi-dimensional analytical
tools such as SWOT and PESTEL analysis have been implemented in the global Digital Marketing
Analytics market report. Moreover, the report consists of market
segmentation, CAGR (Compound Annual Growth Rate), BPS analysis, Y-o-Y growth
(%), Porter’s five force model, absolute $ opportunity and anticipated cost
structure of the market.
About
CRIFAX
CRIFAX is driven by integrity
and commitment to its clients and provides cutting-edge marketing research and
consulting solutions with a step-by-step guide to accomplish their business
prospects. With the help of our industry experts having hands on experience in
their respective domains, we make sure that our industry enthusiasts understand
all the business aspects relating to their projects, which further improves the
consumer base and the size of their organization. We offer wide range of unique
marketing research solutions ranging from customized and syndicated research
reports to consulting services, out of which, we update our syndicated research
reports annually to make sure that they are modified according to the latest
and ever-changing technology and industry insights. This has helped us to carve
a niche in delivering ‘distinctive business services’ that enhanced our global clients’
trust in our insights and helped us to outpace our competitors as well.
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Us:
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Email: [email protected]
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The post Digital Marketing Analytics Market Size, Share, Analysis, Applications, Sale, Growth Insight, Trends, Leaders, Services and Future Forecast to 2028 appeared first on America News Hour.