ID: MRFR/ICT/4901-HCR | 100 Pages | Published By Aarti Dhapte on April 2023
The Subscriber Data Management (SDM) Market is estimated to grow USD 17.27 Billion during the predicted forecast period, at a CAGR of 17.03%.
The Subscriber Data Management (SDM) Market is estimated to grow from USD 1.97 Billion during the historic period to USD 17.27 Billion during the predicted forecast period, at a CAGR of 17.03%. Subscriber data management is the process of combining and integrating subscriber profile data from mobile and fixed networks into a unified virtual data repository. It supplies telecom operators with technologies that enable them to integrate data from various data repositories. Despite the fact that telecom network operators are constantly expanding their technologies such as 3G, 4G-LTE, and Wi-Fi, they must still provide their users with a consistent service experience, which can only be accomplished by authenticating subscriber identification across the network. As a result, regardless of the network provider, subscriber identity must be handled centrally, which is accomplished through the subscriber data management market.
Subscriber Data Management Business gives businesses a new approach to integrating subscriber data, allowing them to save operating costs and create a better customer experience. A good Subscriber Data Management Market Research Report will lower operational costs, provide operators with control over their data structure, and provide an integrated view of subscribers across all services, among other things. In the next few years, these factors are projected to propel the Subscriber Data Management Market Growth.
The COVID-19 epidemic has had a significant influence on all businesses. The impact on any industry has a direct impact on the region's economic growth. The unprecedented spike in COVID-19 cases around the world, as well as the accompanying global lockdown to combat the virus's transmission in the first two-quarters of the pandemic has put many businesses on high alert. Because of the aforementioned factors, technological investments across all businesses fell during the pandemic. During the pandemic, however, the increase in subscribers across multiple platforms had a favourable impact on the subscriber data management market across the area. The Global Subscriber Data Management Market has benefited from COVID-19. The adoption of cloud models is growing at the highest rate, with scalability, speed, all-around services, and improved administration skills all playing a key role. Thus, this has increased the Subscriber Data Management Market Profit.
The expansion in the number of mobile users and mobile devices, the adoption of network function virtualization (NFV) and IP systems, and growing subscriber demand for LTE and VoLTE technologies, among other factors, are all driving the Subscriber Data Management Market Growth. Furthermore, the necessity to lower network operational costs by exploiting high-per-node capacity is propelling the Global Subscriber Data Management Market. The Subscriber Data Management (SDM) Market solution unifies and manages the subscriber data of network carriers, including access preferences, services, locations, authentication, identities, and presence, into unified data repositories. Also, it improves the carrier networks by lowering their operating costs while maintaining consistent service to users. It also allows operators to examine subscriber data in a centralised manner, allowing them to monetize their subscriber data more effectively. Subscriber Data Management Market Research Report also assists telecom operators in lowering network complexity, the total cost of ownership, and time to market for new services.
Subscription data management market growth may be hampered by sophisticated architecture and data protection concerns. The market is being held back by the complexity of subscriber data management solution design. The slow rate of digitization in emerging nations, which is hampered by the adoption of the Subscriber Data Management Industry, is expected to hamper subscriber data management market profit. On the other hand, any disruption to the normal operation of the Subscriber Data Management Business could have serious consequences, such as a network outage.
Network function virtualization (NFV) and heterogeneous networking are two of the most recent technological advances in the Subscriber Data Management Industry (HetNet). Because it allows for seamless integration of new apps, servers, and storage, NFV makes the network faster, simpler, and scalable, saving the operators’ time and money on procurement and racking. Additionally, while employing the subscriber data management system with network function virtualization, operators in the virtual environment require the flexibility to add or remove additional nodes with little influence on performance while maintaining the functional integrity of the system's front-end applications.
The Subscriber Data Management Market has been bifurcated into various segments that will help the market to achieve the highest CAGR during the forecast period. The Subscriber Data Management Market Segments are as follows:
Based on the Solution
Based on the Network Type
Based on the Deployment Model
Based on the Organization Size
Based on the Application
Based on the Region
Because of the early adoption of subscriber data management solutions and the presence of a significant number of important companies and Subscriber Data Management Market Top Leaders in this area, North America holds the greatest market share for subscriber data management. Due to an increase in the number of subscribers as the population in this region grows, Asia-Pacific is the fastest expanding market for subscriber data management. The massive population of Asia-Pacific is a major factor in the region's fast growth rate, which has resulted in a large subscriber base for telecom firms. Due to the developing economies of China and India, Asia-Pacific is expected to grow the fastest. In recent years, the Middle East and Africa have seen significant growth in the mobile BPM market, followed by Latin America.
The market for subscriber data management is becoming more competitive as a result of the presence of a major player. The market appears to be moderately concentrated, with major competitors pursuing product and service innovation, collaborations, mergers, and acquisitions as strategies. The Subscriber Data Management Market Top Leaders are Hewlett Packard Enterprise (HPE) Company (US), Huawei Technologies Co. Ltd (China), Nokia Corporation (Finland), Oracle Corporation (US), Cisco Systems (US), Computaris International Ltd (UK), ZTE Corporation (China), Amdocs Inc. (US), Openwave Mobility Inc. (US), Procera Networks Inc. (US).
The Subscriber Data Management market is only available to telecom companies. Cloud and on-premise deployments are included in the market's scope. The market includes solutions such as Subscriber Data Repository, Policy Management, Identity Management, and Location and Device Information Management. Following the determination of the overall market size, the complete market was divided into many segments, each of which was then validated by primary research. The report provides in-depth qualitative insights, historical data, and credible market size predictions. The overall report is based on a well-established research methodology and assumptions. The research also includes a comprehensive qualitative and quantitative analysis of data collected at key locations along the industry's value chain. Over the forecast period, the research forecasts the attractiveness of each main segment.
|Market Size||USD17.27 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Solution, Network Type|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Hewlett Packard Enterprise (HPE) Company (US), Huawei Technologies Co. Ltd (China), Nokia Corporation (Finland), Oracle Corporation (US), Amdocs Inc. (US), Cisco Systems (US), Computaris International Ltd (UK), ZTE Corporation (China), Openwave Mobility Inc. (US), Procera Networks Inc. (US).|
|Key Market Opportunities||Telecom network operators are continuously expanding their technologies such as 3G, 4G-LTE, and Wi-Fi yet they must provide their subscribers with a consistent service experience, which is possible by authenticating subscriber identity across the network.|
|Key Market Drivers||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.|
The global Subscriber data management is expected to record a substantial market valuation of USD 34.6 Billion with 15.6% CAGR by 2027.
The global Subscriber data management is projected to register a moderate 17.03% CAGR in the forecast period.
The user data repository segment is slated to expand as the fastest-growing segment.
The proxy solution segment is slated to expand as the fastest-growing segment.
A few major market players operating in the global Subscriber data management are Oracle Corporation (US), Nokia Corporation (Finland), Amdocs Inc. (US), among others.