Subscriber Data Management Market Global Analysis by Industry Size, Share, Trends, Growth, Business Strategies, Financial Planning and Forecast 2019 -2023
The Subscriber Data Management Market will USD 5 Bn by the year 2023. For reaching the figure, the market will exhibit a compound annual growth rate (CAGR) of 15% between 2018 and 2023
pune, India – June 10, 2019 /MarketersMedia/ —
Subscriber Data Management Market Overview
Subscriber data management solutions are witnessing a quick uptake among telecom operators. These solutions help in managing data collected from different repositories. Over the years, the telecom sector has witnessed a massive growth with revolutionary network technologies such as 3G and 4G-LTE taking over. Key drivers for the growth of subscriber data management market are increase in a number of mobile users and mobile devices, adoption of network function virtualization (NFV) and IP systems, and increased subscribers demand for LTE and VoLTE technologies among others. Moreover, the need to reduce the network operational expense by leveraging high-per node capacity is also driving the market of subscriber data management. Furthermore, the scope of subscriber data management is expanding beyond the telecom sector for managing subscribers data across other domains. However, complex architecture and data privacy issues may restrain the market growth of subscriber data management.
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Subscriber Data Management Market Competitive Analysis
MRFR in its report on global subscriber data management market has discussed some of the top-notch market participants namely Huawei Technologies Co. Ltd (China), Oracle Corporation (US), Computaris International Ltd (UK), Openwave Mobility Inc. (US), Hewlett Packard Enterprise (HPE) Company (US), Cisco Systems (US), Nokia Corporation (Finland), Procera Networks Inc. (US), Amdocs Inc. (US) and ZTE Corporation (China).
Industry News
Studio Media Group a startup based in the US has acquired Palm Coast Data (PCD), which is a consuer fufilment and marketing solution provider. PCD was formarly owened by AMREP Corporation.
Komprise Inc., a startup that specializes in data management soution recently raised $24 Mn in a funding round. With this the company has now sucessfully raised $42 Mn in capital.
Segmentation
The subscriber data management market study aims at different segments such as solution, network type, deployment model, organization size, application, regions, and estimating market growth across these segments.
By solution, the market is segmented into user data repository, identity repository, equipment identity register, and network congestion analysis.
By network type, the market is segmented into mobile network and fixed-line network
By deployment model, the market is segmented into on-cloud and on-premise.
By organization size, the market is segmented into small-medium enterprise, large enterprises.
By application, the market is segmented into home location register, home subscriber server, proxy solution, and revenue assurance
By region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world
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Regional analysis
The global market for subscriber data management is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of subscriber data management market is studied for North America, Europe, Asia-Pacific, and the rest of the world.
North America hold the largest market share for subscriber data management market due to early adoption of subscriber data management solutions and presence of considerable number of key players in this region. Asia-Pacific is the emerging, as well as the fastest growing market for the subscriber data management due to increasing number of subscribers as population in this region is increasing.
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