As per Market Research Future (MRFR) analysis, the global subscriber data management market size is projected to reach USD 17.27 Billion, with 17.03% CAGR from 2022 to 2030 (forecast period). The report identifies the major factors likely to improve or hinder the growth of the global subscriber data management market. The study also describes the potential impact of COVID-19 on the development of the global subscriber data management industry.
Subscriber Data Management combines and incorporates the profile data of subscribers across mobile and fixed networks into a single virtual data store. It provides telecommunications operators with solutions that help them integrate data from various data depositories. Telecom network operators are increasingly expanding their technologies such as 3 G, 4G-LTE, and Wi-Fi, and they must provide their subscribers with a seamless service experience that can be accomplished by authentication of subscriber identity across the network. The identity of the subscriber must also be centrally managed, irrespective of the provider of the network, by using subscriber data management.
Key Players
The key participants identified by MRFR operating in the global 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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Market Dynamics
Driving factors for the growth of the subscriber data management market include a rise in the number of mobile users and mobile devices, the adoption of network function virtualization (NFV) and IP systems, and increased demand for LTE and VoLTE technologies, among others. In addition, the need to minimize network operational costs by leveraging high-per-node capacity is also boosting the subscriber data management market. In addition, the scope of subscriber data management is expanding beyond the telecommunications industry to manage subscriber data in other domains. However, complex architecture and data privacy issues could limit the growth of subscriber data management in the market.
Market Segmentation
The global subscriber data management market study aims at different segments such as solution, network type, deployment model, organization size, and application.
Based on the solution, the global subscriber data management market has been segmented into user data repository, identity repository, equipment identity register, and network congestion analysis.
Based on the network type, the global subscriber data management market has been segmented into mobile network and fixed-line network.
Based on the deployment model, the global subscriber data management market has been segmented into on-cloud and on-premise.
Based on organization size, the global subscriber data management market has been segmented into small-medium enterprises, large enterprises.
Based on the application, the global subscriber data management market has been segmented into home location register, home subscriber server, proxy solution, and revenue assurance.
Regional Analysis
The geographical analysis of the global subscriber data management market is studied for North America, Europe, Asia Pacific, and the rest of the world.
North America has a significant market share for subscriber data management due to the early adoption of subscriber data management solutions and the existence of a substantial number of key players in the area. The Asia Pacific is the fastest-growing market for subscriber data management due to a rising number of subscribers as the population in this area is growing.
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Industry Updates
June 2021- EIC has launched a project for storing energy for data centers in liquid and compressed air.
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