Subscriber Data Management Market Trends

Growth Drivers

Increasing Penetration of 5G Subscription – The emergence of new needs in terms of the variety of data that can be stored and managed in the core network, as well as new use cases to be handled for subscriber authentication and service authorization across different network domains, is expected to drive the market for subscriber data management in the forecasted period, as SDM is expected to provide new solutions to handle a broader number of data types in a unified manner. According to recent data, by the end of 2022, 5G subscriptions are estimated to reach 1 billion.
Rising Revenue of Telecom Network Functions Virtualization (NFV) Software – This is projected to grow from USD 7.5 billion in 2020 to more than USD 29 billion in 2025.
Upsurge in the Information and Communications Technology (ICT) Spending on New Technologies – For instance, the global ICT spending on new technologies accounted for USD 891,000 million, in 2020.
Growing Demand for Smart TVs – It was found that, by the end of 2020, 665 million homes worldwide owned a Smart TV, which is 34% of global households and is set to reach 51% by 2026.
Increasing Number of Internet of Things (IoT) Connected Devices – According to estimates, worldwide about 18 billion devices to be connected to IoT by the end of 2022.

Challenges

Stringent Data Privacy Policy – With the rising subscribers, the risk of data invasion and data hacking is expected to hamper the market growth in the upcoming years.
Concern about Declining Price per Subscriber of SDM Solutions
Organizational Challenges of Communication Service Providers (CSPs)

Subscriber Data Management Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	18.4%
Base Year Market Size (2023)	USD 5.92 Billion
Forecast Year Market Size (2036)	USD 53.2 Billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of subscriber data management is assessed at USD 6.9 Billion.

The 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. Upsurge in mobile subscriptions as well as rising penetration of smartphones and smart TVs along with increasing trend of wireless communications are some of the major factors anticipated to drive the growth of the market.

North America industry is anticipated to account for majority revenue share by 2036, driven by rapid development of mobile telecommunications along with rising penetration of smartphones phones in the region.

Cisco Systems, Inc., Huawei Technologies Co. Ltd, Nokia Corporation, Hewlett Packard Enterprise Company, Oracle Corporation, Telefonaktiebolaget LM Ericsson, ZTE Corporation, Amdocs Inc., R Systems Inc., Sandvine Corporation

Subscriber Data Management Market Trends