The subscriber data management global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Subscriber Data Management Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The subscriber data management market size has grown rapidly in recent years. It will grow from $6.65 billion in 2023 to $7.87 billion in 2024 at a compound annual growth rate (CAGR) of 18.3%. The growth in the historic period can be attributed to internet growth, increasing advanced telecom services, demand for personalized services, growth in mobile subscriptions, increasing competition among telecom operators.
The subscriber data management market size is expected to see rapid growth in the next few years. It will grow to $15.15 billion in 2028 at a compound annual growth rate (CAGR) of 17.8%. The growth in the forecast period can be attributed to cloud deployment dominance, telecom network functions virtualization (NFV) software growth, increased ICT spending on new technologies, growing demand for smart TVs. Major trends in the forecast period include cloud deployment dominance, shift towards industry 4.0 implementation, emphasis on security and cost reduction, growing demand for SDM-as-a-Service, adoption of federated identity management models.
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Scope Of Subscriber Data Management Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Subscriber Data Management Market Overview
Market Drivers –
The increased usage of internet services is expected to propel the subscriber data management market going forward. Internet services refer to the services provided by telecommunications providers to users on the internet. With the shift to remote work and online education, digital transformation has significantly increased the demand for Internet services. Subscriber data management (SDM) efficiently manages user data in telecommunications networks and enables secure management of user information, personalized service delivery, and compliance with regulatory standards. For instance, in February 2023, according to Meltwater, a UK-based media monitoring company, the total number of internet users in the UK reached 66.11 million, an increase of 224 thousand users (+0.3%) compared to the 2022–2023 years. Therefore, the increased usage of internet services is driving the growth of the subscriber data management market.
Market Trends –
Major companies operating in the subscriber data management market are focusing on developing innovative technologies such as MongoDB Atlas to enhance their capabilities in deploying applications closer to real-time data sources. MongoDB Atlas solution refers to a service or infrastructure that is hosted and delivered over the internet, and it simplifies manual tasks and runs on diverse edge infrastructure. For instance, in September 2023, MongoDB Inc., a US-based software company, introduced advanced data management capabilities called MongoDB Atlas for the Edge. This solution expands MongoDB’s cloud database service. With the deployment of MongoDB Atlas for the Edge, organizations can run applications and oversee data closer to its source. This offering is particularly beneficial for scenarios where real-time data processing and analysis are critical, such as in IoT deployments, remote locations with limited connectivity, or edge computing environments requiring local data storage and processing capabilities.
The subscriber data management market covered in this report is segmented –
1) By Solution: Subscriber Data Repository, Subscriber Policy Management, Subscriber Identity Management, Subscriber Location And Device Information Management
2) By Network Type: Mobile Networks, Fixed Networks
3) By Application Type: Voice Over Internet Protocol (VoIP), Video Over Internet Protocol (VoIP), Other Applications
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Regional Insights –
North America was the largest region in the subscriber data management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the subscriber data management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the subscriber data management market are Huawei Technologies Co. Ltd., Accenture plc, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Telefonica SA, Hewlett Packard Enterprise Company, LM Ericsson, Nokia Corporation, NEC Corporation, ZTE Corporation, Telenor Group, Tech Mahindra Ltd., Juniper Networks, Amdocs Inc., Netcracker Technology Corp., Comverse Technology Inc., CSG International, Syniverse Technologies LLC, Acxiom, Comarch SA, Sumo Logic, Optiva Inc., Alepo Technologies Inc., Comptel Corporation
Table of Contents
1. Executive Summary
2. Subscriber Data Management Market Report Structure
3. Subscriber Data Management Market Trends And Strategies
4. Subscriber Data Management Market – Macro Economic Scenario
5. Subscriber Data Management Market Size And Growth
…..
27. Subscriber Data Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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