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Kenneth Research, in its repository of market research reports, have recently added a report on Subscriber Data Management Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2021 2030. The Subscriber Data Management Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Subscriber Data Management Market products.
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The Global Subscriber Data Management Market was valued at USD 1.95 billion in 2016 and is projected to reach USD 8.52 billion by 2025, growing at a CAGR of 17.8% from 2017 to 2025.
Subscriber Data Management (SDM) is one of the most critical functions in telecommunication networks. Subscriber Data Management allows operators to consolidate and manage their cross domain subscriber data encompassing access preferences, authentication, services, identities, location, and presence into unified data repositories. Subscriber Data Management provides several benefits including operational excellence, cost effective, reduce time to market, boost revenues with new market opportunities, can be integrated with cloud, and modernize the network.
1. Market Drivers
1.1 Increasing Ned for Fixed Data Tariff
1.2 Implementation of Internet Protocol Multimedia Subsystem
1.3 Growing Demand for LTE and Volte
1.4 Sharing Users’ Data Enables new Business Model
2. Market Restraints
2.1 Concerns for Privacy
2.2 Design Complexity
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The Global Subscriber Data Management Market is segmented on the basis of network type, solution, deployment model, organization size, and region.
1. By Network Type:
1.1 Fixed Network
1.2 Mobile Network
2. By Solution:
2.1 User data repository
2.2 Policy management
2.3 Identity management
2.4 Subscriber data federation
3. By Deployment Model:
4. By Organization Size:
4.1 Large Companies
4.2 Medium Companies
4.3 Small Companies
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
The major players in the market are as follows:
1. Hewlett Packard Enterprise Company
2. Amdocs Inc
3. Huawei Technologies Co Ltd
4. Cisco Systems Inc
5. Nokia Corporation
6. Computaris International Ltd
7. Oracle Corporation
8. Openwave Mobility Inc
9. ZTE Corporation
10. Procera Networks Inc
11. Redknee Solutions Inc
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Subscriber Data Management Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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