MISSED CALL SERVICES MARKET ANALYSIS

Missed Call Services Market, by Component (Software and Services), by Deployment Type (On-premise and Cloud -based), by Enterprise Size (SMEs and Large Enterprises), by Function (Lead Generation, Survey and Feedbacks, New User Activations, and Run Contests & Content on Demand), by End User (Advertising & Event Management, Banking Industry, E-commerce, IT & Telecom, Cab Aggregator, Media & Entertainment, Retail, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Published In : Feb 2020
Code : CMI3441
Pages :130
Formats :
Excel and PDF
Industry : Information and Communication Technology

Market Challenges And Opportunities

However, data security concerns in cloud-based deployment are a major factor restraining growth of the market. Cloud-based deployment solutions store highly sensitive data related to customers' mobile numbers. A security breach can cause huge loss to the organization.

Additionally, rapidly expanding IT industry in the U.S. is expected to create lucrative opportunities for missed call service providers in the region over the forecast period. According to The International Trade Administration (ITA), More than 40% of the US$ 5 trillion global IT market is in North America, and primarily in the United States. The industry accounts for US$ 1.8 trillion of the value-added GDP of the U.S., which is over 10% of the national economy) and 11.8 million jobs.