Subscriber Data Management Market To Reach 4.44 Billion By 2026 Growing At CAGR Of 17.6% | Top Players: Ericsson, Nokia, HP, Oracle, Cisco, Amdocs
Subscriber data management is used as a single logical profile to consolidate and manage cross-domain subscriber data. Data is stored in the back-end database that supports several front-end applications. Since the advent of an OTT ecosystem, the telecommunications industry landscape has evolved significantly. Mobile operators are transforming into media companies from pure communication providers. Two other major inflection points are at the heart of the industry-virtualization and the Internet of Things (IoT). To create and deliver more value in the OTT and IoT ecosystems, operators must achieve high service agility and the ability to take advantage of the benefits of virtualization.
One of the key obstacles to achieving high service agility is the long-standing problem of fragmentation and duplication of subscriber data. Data on subscriber profiles, billing and device details and conditions are often fragmented and duplicated across logical and physical architectures and locations. Subscriber Data Management (SDM) aims to centralize the management of all subscriber data, thereby reducing the complexity of the network, TCO and time to market for new services.
It is estimated that the market for subscriber data management (SDM) will grow from USD 1.97 billion in 2018 to USD 4.44 billion by 2026, at a CAGR of 17.6 %. The main factors contributing to the growth of the market are the reduction in operational expenditure (OpEx), the increase in the demand of subscribers for long — term evolution (LTE) and voice over LTE (VoLTE), the implementation of the Internet Protocol Multimedia Subsystem (IMS), and the movement of telephone companies (Telco’s) towards virtualization of network functions (NFV).
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Growth in the number of smartphone users, the adoption of IP systems and the growing demand for LTE and VoLTE technologies are the main drivers for the growth of the data management market for subscribers.
Mobile networks are expected to grow at the highest CAGR at a rate 39% from 2019 to 2026 in the network segment and is also estimated to have the largest market size with revenue of USD 1.92 Billion. The penetration of mobile subscribers in the world is increasing exorbitantly, which is increasing the mobile networks market. Mobile networks are forecasted to grow at a fast rate due to the rising demand for mobile connectivity in locations with lack of terrestrial infrastructure
In February 2019, Amdocs announced partnership to support the expansion of digital and mobile services offered by Altice USA. AmdocsONE, the leading open and modular solution set for the industry, will help Altice USA to accelerate its expansion into the mobile market for residential and business customers.
key findings:
1. The Subscriber Data Management (SDM) market is estimated to grow from USD 1.97 Billion in 2018 to USD 4.44 Billion by 2026, at a CAGR of 17.6%. Main factors fuelling the growth of the market are reduction in Operational Expenditure (OpEx), surge in subscriber demand for Long Term Evolution (LTE) & Voice over LTE (VoLTE), implementation of Internet Protocol Multimedia Subsystem (IMS), and movement of Telephone Company (Telco’s) towards Network Function Virtualization (NFV).
2. The subscriber data federation segment in solutions-type is forecasted to grow at the highest CAGR with revenue of USD 1.2 Billion in 2026, at a CAGR of 31% from 2019 to 2026, while policy management is forecasted to have the largest market size in 2018 in the Subscriber Data Management market. Subscriber data federation demand is increasing as it offers telecom operators with an assembled perspective of information from diverse data repositories and also provides assimilation between unlike systems or applications by providing control to transactions, data schema manipulation, and transformation.
3. Mobile networks are expected to grow at the highest CAGR at a rate 39% from 2019 to 2026 in the network segment and are also estimated to have the largest market size with revenue of USD 1.92 Billion. The penetration of mobile subscribers in the world is increasing exorbitantly, which is increasing the mobile networks market. Mobile networks are forecasted to grow at a fast rate due to the rising demand for mobile connectivity in locations with a lack of terrestrial infrastructure
4. North America is forecasted to have the largest market share during the forecast period. Adoption of VoLTE and rising cloud-based monetization systems are the vital drivers for SDM growth in this region. The primary reason for the high growth rate in APAC is the huge population, which has led to a large pool of subscriber base for the telecom companies.
5. The prominent players in the subscriber data management solution provider are Ericsson (Stockholm), Hewlett Packard Enterprise (HPE) Company (U.S.), Huawei Technologies Co. Ltd. (China), Nokia Corporation (Espoo, Finland), Oracle Corporation (U.S.), Amdocs Inc. (U.S.), Cisco Systems, Inc. (U.S.), Computaris International Ltd. (U.K.), Openwave Mobility, Inc. (U.S.), Procera Networks, Inc. (U.S.), Redknee Solutions, Inc. ( Canada), and ZTE Corporation (China).
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