Policy Management in Telecom Market by Network (Fixed, Wireless), Component (Solutions, Services), Services (Professional, Managed), Deployment (Cloud, On-Premises), and Region - Global Forecast to 2022
[101 Pages Report] The policy management in telecom market was valued at USD 898.5 Million in 2016 and is expected to reach USD 1,617.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022
Objectives of the study:
- To determine and forecast the global policy management in telecom market based on network, component, deployment, and region from 2017 to 2022, and analyze various macro and micro-economic factors that affect market growth
- To forecast the size of market segments with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America
- To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the market
- To strategically analyze each submarket with respect to individual growth trends, prospects, and contribution to the total market
- To analyze the opportunities in the market for stakeholders by identifying high-growth segments of the policy management in telecom market
- To profile key market players, provide comparative analysis based on business overviews, product offerings, regional presence, business strategies, key financials, with the help of in-house statistical tools to understand the competitive landscape
- To track and analyze competitive developments, such as mergers & acquisitions, product developments, partnerships & collaborations, and Research & Development (R&D) activities in the market
The research methodology used to estimate and forecast the policy management in telecom market size begins with capturing of data of key vendor revenues through secondary research, such as annual reports, white papers, certified publications, databases, such as Factiva and Hoovers, press releases, and investor presentations of policy management in telecom solutions, as well as articles from recognized industry associations, statistics bureaus, and government publishing sources. Vendor offerings were also taken into consideration to determine market segmentations. The bottom-up procedure was employed to arrive at the overall global market size from the revenues of key market players. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key individuals, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
The breakdown of the profiles of primary participants is depicted in the figure below:
To know about the assumptions considered for the study, download the pdf brochure
The policy management in telecom market ecosystem includes key players, such as the LM Ericsson Telephone Company (Sweden), Huawei Investment & Holding Co., Ltd. (China), Nokia Corporation (Finland), Amdocs Limited (US), and Oracle Corporation (US) that provide policy management in telecom solutions. These Policy Management in Telecom Solutions Vendors are rated and listed by us on the basis of product quality, reliability, and their business strategy. Please visit 360Quadrants to see the vendor listing of Policy Management in Telecom Solutions.
Key Target Audience for Policy Management in Telecom Market
Policy Software Providers
- Communication Service Providers (CSPs)
- Integrated Revenue and Customer Management Service Providers (IRCM)
- System Integrators
- Value-added Resellers
- Channel Partners
- Research Organizations
- Software Providers for Operating Support Systems (OSS)/Business Support Systems (BSS)
- Service Providers of Policy Management Solutions
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The research report categorizes the policy management in telecom market to forecast the revenues and analyze the trends in each of the following subsegments:
By Network
- Fixed Network
- Wireless Network
Policy Management in Telecom Market By Component
- Solution
- Services
- Professional Services
- Managed Services
By Deployment
- On-premise
- Cloud
By Region
- North America
- Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- Latin America
Available Customizations
Along with the given market data, MarketsandMarkets offers customization as per the company’s specific requirements. The following customization options are available for the report:
Geographic Analysis
- Further country-level breakdown of the North America policy management in telecom market
- Further country-level breakdown of the Europe market
- Further country-level breakdown of the Asia Pacific (APAC) market
- Further country-level breakdown of the Middle East & Africa market
- Further country-level breakdown of the Latin America market
Company Information
- Detailed analysis and profiles of additional market players
The global policy management in telecom market is projected to grow from an estimated USD 953.6 Million in 2017 to USD 1,617.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast period. The increased adoption of cloud-based policy management solutions by telecom operators, increased revenue generation for telecom operators, and increased deployment of integrated policy management solutions by telecom operators resulting in integrated revenue and customer management.
The policy management in telecom market has been segmented based on network, component, deployment, and region. Based on network, the market has been further classified into fixed network and wireless network. Fixed network has the largest market share in the market. The growth has been attributed to the availability of cost-effective and geographically widespread backhaul solutions where the demand for Fiber-To-The-Home (FTTH) footprint is increasing among residential and enterprise customers. Based on component, the market has been further classified into solutions and services. The services segment has been further segmented into professional services and managed services. The solutions segment is the fastest-growing market. This is due to the telecommunication service providers who want to control the quality of experience of bandwidth sensitive services, monetize network assets, improve internal service development, protect subscriber identity while maintaining the integrity of the network, and provide pricing models.
Based on deployment, the market is segmented into cloud and on-premise. The cloud segment is expected to account for the largest market share and highest CAGR during the forecast period. Cloud-based services play a crucial role in reducing capital expenditure, where hardware cost is eliminated. Cloud-based solutions also support real-time visibility of data for employees, enabling organizations to communicate with different departments.
As per the geographic analysis, the North American region is estimated to lead the market in 2017. The growth of the North America market can be attributed to the increased deployment of policy management solutions in the region resulting from the expansion of Long Term Evolution (LTE) networks and their integration with various business models and CRM software. The Asia Pacific market is projected to grow at the highest CAGR during the forecast period. The growing economies and increasing government initiatives to promote next-generation networks are major factors driving the growth of the Asia Pacific market.
A few of the restraining factors that affect the growth of the market include the strict implementation of various telecom regulations across the globe, which results in limited investments in the development of new information technology infrastructure and delay in the deployment of various policy management solutions Thus, the formulation and implementation of highly regulated telecom norms are expected to discourage telecom operators to expand their businesses, thereby restraining the growth of the market.
Key players in the policy management in telecom market include LM Ericsson Telephone Company (Sweden), Huawei Investment & Holding Co., Ltd. (China), Nokia Corporation (Finland), Amdocs Limited (US), and Oracle Corporation (US). These companies are focusing on developing policy management in telecom solutions along with the adoption of growth strategies, such as partnerships and collaborations, contracts, mergers and acquisitions, new product launches, and business expansions to increase their shares in the market.
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Table of Contents
1 Introduction (Page No. - 11)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Stakeholders
2 Research Methodology (Page No. - 14)
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations
3 Executive Summary (Page No. - 21)
3.1 Market By Network
3.2 Market By Region
4 Premium Insights (Page No. - 24)
4.1 Attractive Market Opportunities in the Policy Management in Telecom Market
4.2 Market By Component
4.3 Market By Network
4.4 Market By Deployment
5 Market Overview and Industry Trends (Page No. - 26)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Low Operating Expenses of Telecom Operators
5.2.1.2 Increased Adoption of Tailored Policy Management Solutions By Telecom Operators Across the Globe
5.2.1.3 Increased Number of Mobile Subscribers Across the Globe
5.2.2 Restraints
5.2.2.1 Strict Implementation of Various Telecom Regulations Across the Globe
5.2.3 Opportunities
5.2.3.1 Increased Adoption of Cloud-Based Policy Management Solutions By Telecom Operators
5.2.3.2 Increased Revenue Generation for Telecom Operators
5.2.3.3 Increased Deployment of Integrated Policy Management Solutions By Telecom Operators
5.2.4 Challenges
5.2.4.1 Concerns Related to Increased Number of Subscriber Transactions and Continuous Upgradation of Policy Management Solutions
5.3 Industry Trends
5.3.1 Policy Management: Use Cases
5.3.1.1 Need for Policy Management Solutions to Support Existing Infrastructure
5.3.1.2 Need for Improved Revenue Management
5.3.1.3 Need for Policy Management Solutions to Expand Businesses
6 Policy Management in Telecom Market, By Network (Page No. - 32)
6.1 Introduction
6.2 Fixed Network
6.3 Wireless Network
7 Market By Component (Page No. - 35)
7.1 Introduction
7.2 Solution
7.3 Services
7.3.1 Professional Services
7.3.2 Managed Services
8 Policy Management in Telecom Market, By Deployment (Page No. - 40)
8.1 Introduction
8.2 Cloud
8.3 On-Premise
9 Regional Analysis (Page No. - 44)
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific (APAC)
9.5 Middle East & Africa
9.6 Latin America
10 Company Profiles (Page No. - 57)
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments)*
10.1 LM Ericsson Telephone Company
10.2 Huawei Investment & Holding Co., Ltd.
10.3 Nokia Corporation
10.4 Oracle Corporation
10.5 Amdocs
10.6 Netcracker Technology Corporation
10.7 CSG International
10.8 Redknee Solutions
10.9 Openet
10.10 ZTE Corporation
10.11 Cisco Systems
10.12 Asiainfo
*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.
10.13 Key Innovators
10.13.1 Cerillion
10.13.2 Sterlite Technologies Limited
10.13.3 Formula Telecom Solutions (FTS) Ltd.
11 Appendix (Page No. - 92)
11.1 Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.4 Introducing RT: Real-Time Market Intelligence
11.5 Available Customizations
11.6 Related Reports
11.7 Author Details
List of Tables (33 Tables)
Table 1 Policy Management in Telecom Market Size, By Network, 2015-2022 (USD Million)
Table 2 Fixed Network: Market Size, By Region, 2015-2022 (USD Million)
Table 3 Wireless Network: Market Size, By Region, 2015-2022 (USD Million)
Table 4 Market Size By Component, 2015-2022 (USD Million)
Table 5 Solution: Market Size, By Region, 2015-2022 (USD Million)
Table 6 Services: Market Size, By Type, 2015-2022 (USD Million)
Table 7 Services: Market Size, By Region, 2015-2022 (USD Million)
Table 8 Professional Services: Market Size, By Region, 2015-2022 (USD Million)
Table 9 Managed Services: Market Size, By Region, 2015-2022 (USD Million)
Table 10 Market Size By Deployment, 2015-2022 (USD Million)
Table 11 Cloud: Market Size, By Region, 2015-2022 (USD Million)
Table 12 On-Premise: Market Size, By Region, 2015-2022 (USD Million)
Table 13 Policy Management in Telecom Market Size, By Region, 2015-2022 (USD Million)
Table 14 North America: Market Size, By Network, 2015-2022 (USD Million)
Table 15 North America: Market Size, By Component, 2015-2022 (USD Million)
Table 16 North America: Market Size, By Services, 2015-2022 (USD Million)
Table 17 North America: Market Size, By Deployment, 2015-2022 (USD Million)
Table 18 Europe: Market Size, By Network, 2015-2022 (USD Million)
Table 19 Europe: Market Size, By Component, 2015-2022 (USD Million)
Table 20 Europe: Market Size, By Services, 2015-2022 (USD Million)
Table 21 Europe: Market Size, By Deployment, 2015-2022 (USD Million)
Table 22 Asia Pacific: Market Size, By Network, 2015-2022 (USD Million)
Table 23 Asia Pacific: Market Size, By Component, 2015-2022 (USD Million)
Table 24 Asia Pacific: Market Size, By Services, 2015-2022 (USD Million)
Table 25 Asia Pacific: Market Size, By Deployment, 2015-2022 (USD Million)
Table 26 Middle East & Africa: Policy Management in Telecom Market Size, By Network, 2015-2022 (USD Million)
Table 27 Middle East & Africa: Market Size, By Component, 2015-2022 (USD Million)
Table 28 Middle East & Africa: Market Size, By Services, 2015-2022 (USD Million)
Table 29 Middle East & Africa: Market Size, By Deployment, 2015-2022 (USD Million)
Table 30 Latin America: Market Size, By Network, 2015-2022 (USD Million)
Table 31 Latin America: Market Size, By Component, 2015-2022 (USD Million)
Table 32 Latin America: Market Size, By Services, 2015-2022 (USD Million)
Table 33 Latin America: Market Size, By Deployment, 2015-2022 (USD Million)
List of Figures (29 Figures)
Figure 1 Policy Management in Telecom Market Segmentation
Figure 2 Market Research Design
Figure 3 Research Methodology: Data Triangulation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 The Wireless Network Segment is Projected to Grow at A Highest CAGR From 2017 to 2022
Figure 7 The Asia Pacific Region is Projected to Grow at A Highest CAGR From 2017 to 2022
Figure 8 Growing Need Among Communication Service Providers to Increase Their Revenue Generation is Expected to Fuel the Growth of the Market
Figure 9 The Solution Component Segment of the Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 10 The Wireless Network Segment is Projected to Grow at A Highest CAGR From 2017 to 2022
Figure 11 The Cloud Deployment Segment of the Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 12 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 13 Fixed Network Holds the Major Market Share of the Policy Management in Telecom Market for the Year 2017
Figure 14 The Solution Segment is Projected to Grow at A Higher CAGR During the Forecast Period
Figure 15 The Cloud Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 16 The Asia Pacific Region is Projected to Grow at A Highest CAGR From 2017 to 2022
Figure 17 Policy Management in Telecom Market Snapshot: Regional Analysis
Figure 18 North America Market Snapshot
Figure 19 Asia Pacific Market Snapshot
Figure 20 LM Ericsson Telephone Company: Company Snapshot
Figure 21 Huawei Investment & Holding Co., Ltd.: Company Snapshot
Figure 22 Nokia Corporation: Company Snapshot
Figure 23 Oracle Corporation: Company Snapshot
Figure 24 Amdocs : Company Snapshot
Figure 25 Netcracker Technology Corporation (Subsidiary of NEC Corporation): Company Snapshot
Figure 26 CSG International: Company Snapshot
Figure 27 Redknee Solutions : Company Snapshot
Figure 28 ZTE Corporation: Company Snapshot
Figure 29 Cisco Systems: Company Snapshot
Growth opportunities and latent adjacency in Policy Management in Telecom Market