NETWORK ANALYSIS MODULE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In September 2023, Ericsson (NASDAQ: ERIC), a leading global provider of information and communications technology, expanded its Ericsson Expert Analytics product by introducing advanced troubleshooting capabilities. This new functionality leverages machine learning and artificial intelligence tools to analyze telecom network data in real-time and determine the root cause of any occurring issues for efficient troubleshooting.
• In August 2023, SK Telecom Co., a leading South Korea-based telecommunications company, unveiled an innovative analytics solution and simulator tailored for Urban Air Mobility (UAM) communication networks. This advanced system utilizes drones to replicate real-time communication scenarios for UAM vehicles, assessing aerial communication quality at altitudes between 300 to 600 meters and speeds of 100 to 150 km/h. The drones will collect data across various air routes, including urban and suburban areas, enabling SK Telecom to conduct thorough evaluations of the communication network's performance.
• In April 2023, Accenture (NYSE: ACN), a leading global professional services company, announced an expansion of its partnership with Google Cloud, a prominent provider of cloud computing services, to enhance businesses' protection of critical assets and bolster security against persistent cyber threats. By leveraging Google Cloud's advanced technologies in data analytics, machine learning (ML), artificial intelligence (AI), and cybersecurity, the collaboration aims to help organizations build more resilient digital infrastructures and improve their overall security posture.
• In February 2023, Cisco (NASDAQ: CSCO), a global leader in technology that powers the Internet, announced a partnership with V.tal, Brazil's first end-to-end neutral fiber-optic network provider. This collaboration aims to enhance the capacity of V.tal's multi-tenant fiber network to accelerate the rollout of 5G services and improve nationwide connectivity, supporting the future of the Internet across Brazil. V.tal operates the largest fiber-optic infrastructure in the country, with 450,000 kilometers of terrestrial optical fiber connecting over 2,380 municipalities.