The ‘Global Subscriber Data Management Market Share, Size Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global subscriber data management market, assessing the market on the basis of its segments like solution, deployment, organisation size, and major region.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Subscriber Data Management Market Price, Share, Size, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
Historical Market Size (2022): USD 5.41 billion
Forecast CAGR (2023-2028): 16.80%
Forecast Market Size (2028): USD 13.7 billion
Subscriber data management enables the maintenance and accessibility of larger volumes of data which is benefiting the global subscriber data management market. Increasing demand for subscriber data management solutions from large enterprises to analyse and organise customer data to enhance business profitability is further pivoting the market growth. In addition, subscriber data management enables enterprises to gain information from multiple sources, improving the ability to make data-based decisions.
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One of the main drivers of the global subscriber data management market growth is the increasing availability of high-speed internet across emerging economies. Real-time data transmission consumes the majority of mobile internet bandwidth in use today; the upgraded 5G technology connectivity has unlocked bandwidths of over 1 GHz and is delivering quality of service to help accelerate the launch of new services with a reduction in latency due to real-time data transmission.
Additional factors including flexibility, data backup, automatic software updates, and security, are scaling up the market for subscriber data management. Meanwhile, cloud deployments are predicted to experience rapid as they offer subscription-based pricing models, which is likely to add to the market growth of subscriber data management in the coming years. Telecom companies can act as cloud brokers as cloud-based services proliferate, which is further expected to expand the potential for the subscriber data management market on a global scale.
Subscriber Data Management Industry Definition and Major Segments
Subscriber data management (SDM) refers to a system which centralises profile data into a single virtual data store for networks that are linked. This carrier-grade solution is resilient, manages subscriber’s network identification, monitors application status, and enables operators to enhance customer experience.
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Based on solution, the market is segmented into:
- Subscriber Data Repository
- Subscriber Policy Management
- Subscriber Identity Management
- Subscriber Location and Device Information Management
The market on the basis of deployment is divided into:
Based on organisation size, the market is categorised into:
- Large Enterprises
- Small and Medium Enterprises
On the basis of region, the market is divided into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Subscriber Data Management Market Trends
The rising adoption of network function virtualisation (NFV) and IP systems, increasing volume of subscribers, and widespread use of LTE and VoLTE technology are key trends driving the global subscriber data management market. Additionally, throughout the forecast period, there is likely to be a rise in the demand for fixed data tariffs and a surge in the sharing of subscriber data with partners to enable new business models, both of which are expected to lead to new opportunities for the global market for subscriber data management.
The global market for subscriber data management is experiencing revenue growth due to rising smartphone demand, growing adoption of internet-enabled devices, and improvements in faster internet. The market for subscriber data management is also witnessing growth due to rising sales of Android and iOS devices, and smart TVs.
New opportunities for providers of subscriber data management services are being generated by the sudden increase in demand for end-to-end data integration, encryption, deployments, and support. Additional factors influencing the global subscriber data management market growth are decreased operational expenses (OpEx), the adoption of the internet protocol multimedia subsystem (IMS), and telecom firms’ inclination towards network function virtualisation.
Key Market Players
The major players in the global subscriber data management market report are:
- Hewlett Packard Enterprise Company
- Telefonaktiebolaget LM Ericsson
- Nokia Corporation
- Huawei Technologies Co. Ltd.
- ZTE Corporation
- Openwave Mobility Inc.
- Cisco Systems Inc.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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