In a recent published report, Kenneth Research has updated the market report for Subscriber Data Management Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
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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.
In 2018, the worldwide GDP stood at USD 84,740.3 Billion as compared to the GDP of USD 80,144.5 Billion in 2017, marked a growth of 5.73% in 2018 over previous year according to the data quoted by International Monetary Fund. This is likely to impel the growth of Subscriber Data Management Market over the period 2019-2026.As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017.
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Market Synopsis
Subscriber data management combines and integrates the profile data of subscribers across mobile and fixed networks into a single virtual data store. It provides solutions to telecom operators which help them to integrate data from different data depository. 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. Therefore, subscriber identity has to be managed centrally irrespective of the network provider, which is done by using subscriber data management.
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. Moreover, the need to reduce the network operational expense by leveraging high-per node capacity is also driving the market of subscriber data management. Furthermore, the scope of subscriber data management is expanding beyond the telecom sector for managing subscribers data across other domains. However, complex architecture and data privacy issues may restrain the market growth of subscriber data management.
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The latest technology trends in subscriber data management are development in network function virtualization (NFV) and heterogeneous networking (HetNet). NFV makes the network faster, simpler and scalable as it offers easy integration of new applications, server, and storage which saves the operators’ time and cost of procuring and racking. Also, while using the subscriber data management system with network function virtualization, operators operating in the virtual environment need the capability to add or remove new nodes with zero impact on performance and sustaining functional integrity of front-end applications of the system. However, any impact on the normal functioning of subscriber data management system may have severe effects such as network outrage.
Subscriber Data Management Market, 2018-2023 (USD Million)
Global subscriber data management market is expected to reach USD 5 billion by 2023 growing with 15% CAGR during the forecast period 2018–2023.
Segmentation.
The subscriber data management market study aims at different segments such as solution, network type, deployment model, organization size, application, regions, and estimating market growth across these segments.
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By solution, the market is segmented into user data repository, identity repository, equipment identity register, and network congestion analysis.
By network type, the market is segmented into mobile network and fixed-line network.
By deployment model, the market is segmented into on-cloud and on-premise.
By organization size, the market is segmented into small-medium enterprise, large enterprises.
By application, the market is segmented into home location register, home subscriber server, proxy solution, and revenue assurance
By region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Regional analysis
The global market for subscriber data management is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of subscriber data management market is studied for North America, Europe, Asia-Pacific, and the rest of the world.
North America hold the largest market share for subscriber data management market due to early adoption of subscriber data management solutions and presence of considerable number of key players in this region. Asia-Pacific is the emerging, as well as the fastest growing market for the subscriber data management due to increasing number of subscribers as population in this region is increasing.
Key players
The prominent players in the subscriber data management solution provider are 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).
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Intended Audience
Subscriber data management service providers
Telecom equipment providers
Cloud service providers
Communication service providers
Mobile network operators
Mobile virtual network enabler
Mobile virtual network operator
Government agencies
Research organizations
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