The Asia Pacific Subscriber Data Management Market would witness market growth of 18.6% CAGR during the forecast period (2023-2029).
In its most basic form, the identity management solutions provided by SDM focus on controlling and verifying user identities. The subscriber data that needs to be handled consists of identity data, including international mobile subscriber identity (IMSI) and multi-mobile subscriber integrated services digital network (MSISDN) information. It also includes personalization information, authentication information, settings for special services, and policy settings. Also, it allows operators to share subscribers concurrently.
The rise in cyberattacks linked to subscriber identity phishing is also projected to raise demand for user identity management. Without understanding the communications, traffic, or regional EMEI (International Mobile Equipment Identity) content, data can be misused for unwanted monitoring or surveillance. If the network monitoring is not properly protected, a similar attack or unintentional exposure might reveal a lot of sensitive information and give a thorough profile of an unaware user. Identity management is now necessary as a result of this.
In Asia Pacific, over 72% of people had an Internet connection by 2021, as stated by the World Bank. Moreover, with the widespread implementation of the 5G wireless air interface, this region has developed into a full-fledged cloud-native core network for businesses. Also, the region's high rate of smartphone and smart TV adoption, as well as advancements in radio communications, are fueling the market's revenue growth. The region's expanding IT infrastructure necessitates robust, scalable, and adaptable communication networks, which may increase the need for SDM solutions. In addition, due to the growing demand for cloud-based, affordable telephony solutions, the market will experience higher demand. Thus, the region's increasing smartphone and internet user population is promoting the expansion of the market.
The China market dominated the Asia Pacific Subscriber Data Management Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,449.3 million by 2029. The Japan market is anticipated to grow at a CAGR of 17.8% during (2023 - 2029). Additionally, The India market would exhibit a CAGR of 19.3% during (2023 - 2029).
Based on Network Type, the market is segmented into Mobile Networks and Fixed Networks. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Solution, the market is segmented into Subscriber Data Repository, Subscriber Location and Device Information Management, Subscriber Identity Management and Subscriber Policy Management. Based on Deployment, the market is segmented into On-premise and Cloud. Based on Application, the market is segmented into Mobile, Voice over Internet Protocol (VoIP) and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Subscriber Data Management Market is Projected to reach USD 16.5 Billion by 2029, at a CAGR of 17.6%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Nokia Corporation, Oracle Corporation, Cisco Systems, Inc., ZTE Corporation, Telefonaktiebolaget LM Ericsson, Optiva, Inc., Amdocs Limited, and Enea AB.
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