Companiesandmarkets.com

Global subscriber data management API market to grow at a CAGR of nearly 100%

Press Release  •  Sep 10, 2012 17:09 BST

The global subscriber data management (SDM) API market is expected to account for nearly $7 billion in global revenues worldwide by 2016, growing at a compound annual growth rate (CAGR) of nearly 100% between 2012 and 2016.

By 2017 the SDM API market is expected to have grown to approximately $11 billion in global revenues worldwide, increasing at a CAGR of nearly 100% between 2013 and 2017. This increase is expected to be driven by internal utilisation within carrier services and identity brokering.

The continued deployment of LTE networks and small cells will play a critical role in maintaining the SDM market's growth, amid a growing demand of convergent, intelligent and vendor agnostic SDM platforms by carriers.

It is estimated that with SDM carriers can save up to 40 % in OpE in contrast to legacy mechanisms for managing subscriber data. In addition to OpEx savings, SDM solutions allow carriers to reduce churn rates by enabling carriers to personalize their services, improve marketing campaigns, and thereby improve revenue by gaining rich customer insights.

As carriers continue to invest in network modernisation and migrate networks towards LTE, vendors from both telecommunications and IT centric database backgrounds are intensively competing to gain a share of the SDM market.

As a consequence, we expect SDM vendor revenues to surpass nearly $3 billion by the end of 2016.

As the global SDM API market develops, traditional SDM vendors are facing intensified competition from IT players like Oracle and Amdocs, who are looking to leverage their capabilities in master data management (MDM).

For more information on the global subscriber data management API market, see the latest research: Global Subscriber Data Management API Market Report

Follow us on Twitter @CandMResearch

Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.

You haven't completed the steps for your Hosted Newsroom

You haven't entered a correct link to your helper.html file for your Hosted Newsroom. Go to Publish and complete the steps.