Telecom
Global Market Size: Up to $3.7 trillion
Embracing clean data practices enhances privacy compliance, and improves data quality that can lead to:
Revenue uplift of 5-12% from accurate, consent-based data improves customer experience, reduces churn, enables personalized offerings, and optimizes pricing models.
Profit margin improvement of 8-18% by enhanced network management, fraud detection, predictive maintenance, automated customer service, and compliance efficiencies that lower operational costs and capital expenditures.
Competitive Advantage: Privacy-first data strategies align with tightening telecom regulations worldwide, building trust and customer loyalty while enabling easier market entry for new services.
Sources:
LinkedIn StartUs Insights Cognitive Market Research GrandView Research Deloitte