The Europe Subscriber Data Management Market would witness market growth of 16.9% CAGR during the forecast period (2023-2029).
Cloud infrastructure development and 5G advancement are made possible by subscriber data management. By maintaining support for older network parts while enabling cutting-edge next-gen services, it maintains crucial data that is needed by a variety of services, easing the network upgrade route. Furthermore, SDM offers dependable, expandable single-point data storage for 4G and 5G subscribers. As a result, important subscriber data and SIM services are efficiently managed. Additionally, it aids communication service providers (CSPs) in generating new revenue sources through alliances and partnerships that support sophisticated 5G services like URLLC, eMBB, M2M, and more. This creates profitable chances for the market's expansion in future years.
Additionally, 5G generates additional requirements for the data that must be stored, managed, and permitted in the core network. SDM performs these tasks by ensuring that data is stored and made available on-demand in a timely manner while controlling access and maintaining security. Because of the diverse requirements of various services across several devices and domains, 5G also makes the control plane more complex. SDM's single platform successfully manages this complexity. On the other hand, SDM's cloud-native architecture effectively allows various deployment strategies to support a variety of network slicing and edge computing use cases, all while maintaining low TCO, OPEX, and CAPEX.
By 2021, the World Bank projected that more than 87% of Europeans had internet connectivity. Furthermore, the European subscriber data management market is experiencing revenue growth owing to growing investments in the implementation of 5G infrastructure as well as internet architectures in developing sectors. The deployment of machine-to-machine (M2M) communication systems and the Internet of Things (IoT) also propel the demand for SDM tools. The telecom industry is flourishing in Europe and has contributed several important societal and economic enablers over the years. In order to satisfy the demands of both retail and commercial consumers, a wide variety of products are offered in Europe. So, the aforementioned factor suggests that the telecom sector in the region is expected to expand, which would largely result in exciting chances for vendors of subscriber data management.
The Germany market dominated the Europe Subscriber Data Management Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $1,055.6 million by 2029. The UK market is registering a CAGR of 15.9% during (2023 - 2029). Additionally, The France market would showcase a CAGR of 17.8% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
By Network Type
By Enterprise Size
By Solution
By Deployment
By Application
By Country
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