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Policy Management in Telecom Market by Network, Component, Services, Deployment And Region - Global Forecast to 2022

Policy Management in Telecom Market by Network, Component, Services, Deployment And Region - Global Forecast to 2022

  • September 2017
  • 103 pages
  • ID: 5123118
  • Format: PDF
  • By MarketsandMarkets

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The policy management in telecom market is projected to grow at a CAGR of 11.1% between 2017 and 2022
The 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 CAGR of 11.1% during the forecast period,2017 to 2022. The increase in the operational expenditure of telecom service providers and operators has led to the increased demand and adoption of policy management solutions by streamlining industries businesses and operational processes, thereby fueling the growth of the policy management in telecom market. However, the strict implementation of various telecom regulations across the globe is restraining the growth of the policy management in telecom market.

Based on component, the services segment is estimated to account for the largest share of the policy management in telecom market in 2017 Based on component, the services segment is estimated to account for the largest share of the policy management in telecom market in 2017. Services help improve an organization’s performance, reduce complexities and operating expenses, standardize and improve project delivery, maximize the strategic value of solutions, simplify project planning and execution, streamline the project lifecycle, enable making real-time decisions, and improve resource productivity.

Based on network, the fixed network segment is estimated to account for the largest share of the policy management in telecom market in 2017
Based on network, the fixed network segment is estimated to account for the largest share of the policy management in telecom market in 2017. The fixed network helps in providing faster speed and lower latency. The network is quite reliable and can be placed wherever fiber optic connections are available. Thus, it is widely used in IT parks, defense, and government offices. Hence, the fixed network segment is projected to witness considerable growth during the forecast period.

North America is estimated to account for the largest share of the policy management in telecom market in 2017
The policy management in telecom market has been studied for North America, Asia Pacific (APAC), Europe, the Middle East & Africa (MEA), and Latin America. North America is estimated to lead the policy management in telecom market in 2017. An increase in the number of subscribers and rise in the demand for Integrated Revenue and Customer Management (IRCM) solutions by telecom operators are driving the growth of the North America policy management in telecom market. The adoption of policy management solutions in this region is due to the availability of advanced IT infrastructure and proficient technical expertise as well as the presence of a large number of Communication Service Providers (CSPs) are some of the key factors expected to fuel the growth of the policy management in telecom market in North America.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key executives. The break-up of profiles of primary participants is given below:
• By Company Type: Tier 1: 40%, Tier 2: 40%, and Tier 3: 20%
• By Designation: C-level: 45%, Director level: 35%, and Others: 20%
• By Region: North America: 25%, Europe: 30%, Asia Pacific: 20%, Middle East & Africa: 15% and Latin America: 10%

Key vendors profiled in the report are as follows:
1. Ericsson (Sweden)
2. Huawei (China)
3. Nokia (Finland)
4. Oracle (US)
5. Amdocs (US)
6. Netcracker Technology (UK)
7. CSG International (US)
8. Redknee (Canada)
9. Openet (Ireland)
10. ZTE (China)
11. Cisco (US)
12. Cerillion (UK)
13. Sterlite Technologies (India)
14. AsiaInfo (China)
15. Formula Telecom Solutions (Israel)

Research Coverage:
This study provides a detailed segmentation of the policy management in telecom market on the basis of network, component, deployment, and region. Based on network, the policy management in telecom market has been segmented into fixed and wireless network. Based on component, the policy management in telecom market is segmented into solution and services. Services is further classified into two subsegments, professional and managed services. Based on deployment, the policy management in telecom market has been segmented into on-premise and cloud. Geographic analysis has been carried out for North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America.

Key Benefits of Buying the Report:
The report will help market leaders/new entrants in the following ways:
• To define, describe, and forecast the policy management in telecom market based on network, component, deployment, and region
• To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the policy management in telecom market
• To analyze micromarkets with respect to individual growth trends and contributions made towards the overall market
• To analyze the opportunities in the market for stakeholders and offer details of competitive landscape for market leaders
• To forecast the market size of segments with respect to five main regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
• To profile key players and comprehensively analyze their core competencies (includes innovation, quality, and customer experience)
• To track and analyze competitive developments, such as mergers & acquisitions, agreements & contracts, joint ventures, partnerships, and strategic alliances in the policy management in telecom market

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