Policy Management in Telecom Market Size – USD 1671.1 Million in 2019, Market Growth - CAGR of 11.1% between 2019 and 2026, Market Trends – Increased revenue generation for telecom operators, and increased deployment of integrated policy management.

New York, NY -- (SBWire) -- 03/06/2019 --The Policy Management in Telecom market was valued at USD 898.5 Million in 2018 and is projected to reach USD 1,617.1 Million by 2026, at a CAGR of 11.1% during the forecast period. The rising deployment of cloud-based policy management systems by telecom operators, rising revenue generation for telecom operators, and increased implementation of integrated policy management systems by telecom operators are the factors driving the market.

Another factor responsible for the growth in the market is growing demand and implementation of Information Technology (IT) services across the world.

High capital expenditure, rising competition among industry players and variations in government rules and regulations acts as a restraint for the market.

This report comprises drivers, restraints, opportunities, and challenges pertaining to the API testing market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2026.

In market segmentation by manufacturers, the Policy Management in Telecom report covers the following
Huawei Investment & Holding Co., Ltd. (China), LM Ericsson Telephone Company (Sweden), Comarch SA (Poland), Wipro Limited (India), Nokia Corporation (Finland), Amdocs Limited (US), Astea International Inc. (US), Genpact (US) and Oracle Corporation (US), and Intracom Telecom (Greece)

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Policy Management in Telecom Market split by Integrant, can be divided into:
Software
Services
- Professional Services
- Managed Services

Policy Management in Telecom Market split by By Network-Type, can be divided into:
- Fixed Network
- Wireless Network

Policy Management in Telecom Market By Deployment, can be divided into:
- Cloud
- On-Premise

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Further key findings from the report suggest:
- The Policy Management in Telecom market was valued at USD 898.5 Million in 2018 and is projected to
reach USD 1,617.1 Million by 2026, at a CAGR of 11.1% during the forecast period. The rising
deployment of cloud-based policy management systems by telecom operators, rising revenue generation
for telecom operators, and increased implementation of integrated policy management systems by telecom
operators are the factors driving the market.
- On the basis of integrant, the services segment market is expected to grow the fastest with revenue of
USD 323.4 Million, at a CAGR of 20% from 2019-2026. The primary factors that are driving the rise of
this market are the enhanced bandwidth sensitive services by the telecommunication service providers,
who also focus on monetization of network assets, improving internal service development, protecting
the subscriber identity while maintaining the integrity of the network.
- Based on deployment, the cloud segment is expected to account for the largest market with revenue of
USD 385.14 Million, at a CAGR of 27%. Cloud-based solutions act as an important factor for reducing
capital expenditure, where the cost of hardware is eliminated. It also offers real-time visibility of
data for employees, enabling organizations to communicate with different departments.
- North American region is expected to grow at the fastest CAGR during the forecast period. The primary
factors that are driving the rise of this market are the deployment of policy management systems in
the region accounting from the expansion of LTE networks and their implementation with several CRM
software and business models.
- The Asia Pacific market is forecasted to grow at the highest CAGR during the forecast period. Growing
emerging economies and rising initiatives of government are the factors responsible for driving 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), Astea
International Inc. (US), Comarch SA (Poland), Wipro Limited (India), Intracom Telecom (Greece),
Genpact (US) and Oracle Corporation (US) among others.

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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

In this study, the years considered to estimate the market size of Policy Management in Telecom are as follows:
History Year:2017
Base Year: 2018
Forecast Year 2019 to 2026

The Policy Management in Telecom further aims at providing insight into:
- The major industry terms and forecasts the Policy Management in Telecom, in terms of growth rate,
value as well as segmentation on the basis of technology advancements, application share, and
geography.
- The market size across major regions including North America, Asia Pacific, Europe, as well as Rest of
the World.
- The micro markets with regards to company growth, prospects, as well as a contribution to the Policy
Management in Telecom industry.
- Data regarding the major drivers, restraining factors, challenges and opportunities affecting the
growth rate of the industry.
- Information about growing investment pockets and competitive landscape for prominent players in the
industry.
- The value chain pertaining to the Policy Management in Telecom market.

The report provides answers to the questions below:
- `What will be the status of competitive development including expansion, product and service launches
and other developments?
- How much funds are major companies rolling out for their research and development activities in the
Policy Management in Telecom space?
- Based on the end user, which category of the Policy Management in Telecom is projected to grow rapidly
at the highest CAGR from 2019 to 2026?
- Among product and service types, which segment will lead the Policy Management in Telecom industry
during the forecast period?
- Which region is expected to make more sales from 2019 to 2026?

Key Points From TOC:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Policy Management in Telecom Market Segmentation & Impact Analysis
Chapter 5. Policy Management in Telecom Market By Type of Service Insights & Trends
Chapter 6. Policy Management in Telecom Market By Industry Verticals Insights & Trends
Chapter 7. Policy Management in Telecom Market By Size of Organization Insights & Trends
Chapter 8. Policy Management in Telecom Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles

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