The Policy Management in Telecom Market has been segmented based on network, component, deployment, and regions and is expected to grow from an estimated value of 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.
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The Policy Management in Telecom Market containing 101 Pages, 29 Figures and 33 table to deeply display the market analysis of global High Voltage Cables & Accessories market from 2017-2022. The latest and the newest trends of the High Voltage Cables & Accessories industry are included in this report.
Moreover, overall global market size, the market size by product segment, growth rates of the global market along with and different product segments of the market, and various product segments with their value and volumes evaluation are also included in the research report.
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.
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Segment: 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.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.
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.
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In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key executives. The break-up of profiles of primary participants is given below:
The distribution of primary interviews is as follows:
By Company Type: Tier 1: 40%, Tier 2: 40%, and Tier 3:20%
By Designation: 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: Ericsson (Sweden), Huawei (China), Nokia (Finland), Oracle (US), Amdocs (US), Netcracker Technology (UK), CSG International (US), Redknee (Canada), Openet (Ireland), ZTE (China), Cisco (US), Cerillion (UK), Sterlite Technologies (India), AsiaInfo (China), Formula Telecom Solutions (Israel)
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 are further classified into two sub segments, 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.