Subscriber Data Management Market Size

Subscriber Data Management Market size was over USD 5.92 Billion in 2023 and is projected to reach USD 53.2 Billion by the end of 2036, growing at around 18.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of subscriber data management is assessed at USD 6.9 Billion.The growth of the market can primarily be attributed to the increasing number of mobile subscriptions worldwide owing to increased use of mobile phones for varied purposes. For instance, there were over 8 billion mobile subscriptions by the end of 2021 globally.

The recent growth in the subscriber database as well as increasing advanced telecom services, the demand for subscriber data management is on the rise amongst the telecom service providers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global market during the forecast period. For instance, in 2020, a China-based company provided fixed-line services to 190 million customers and mobile services to 210 million customers. It also provides broadband services to around 110 million customers across China.