Market Scenario:
LM Ericsson Telephone Company is one of the prominent telecom company that is offering varied solutions related to policy management in telecom sector. Such as mobile financial services, 5G network architecture and other telecom services.
The regional analysis of policy management in telecom market is being studied for regions such as Asia Pacific, Americas, Europe and Rest of the World. North America region accounts for highest market share in policy management in telecom market owing to presence of major players in the region. The region consists of major telecom solution providers, advance network infrastructure and adoption of high advanced technologies are significant factors boosting the market in the region. Countries such as US and Canada contributes large amount of revenue in the policy management in telecom market in the region. Asia‐Pacific region is expected to be growing at the highest CAGR in the policy management in telecom market. Owing to the increasing subscribers and growing data traffic in the region, growing smartphone users and rise in digitization is one of the significant factors boosting market in the region.

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The policy management in telecom market is segmented on the basis of components, deployment, and organization size and network type. The component segment includes software and service. The service segment includes managed service and professional service. Managed Services can be defined as active supervision of an information technology asset or object, by a third party known as a MSP, on behalf of the end-user. The operative distinction that sets apart a managed service program is the proactive delivery of their service, as compared to reactive IT services, which have been around for decades. The key drivers contributing to the growth of the managed services are rise in digital information, the need to secure it, increasing trend of bring your own devices, flexibility to match custom requirements, continuous upsurge in dependency over heterogeneous networks, and persistent rise in the complexity of technological solutions.

The segmentation on the basis of deployment includes cloud and on-premise. Cloud solution accounts for highest market share as it helps enterprises by minimizing cost associated with the IT infrastructure. Cloud solution enables enterprise to focus on core business competencies. It provides enterprises with data protection and security, efficiently manage storage and privacy issues, offers data integrity and provides information related to managing and coordinating business activities and helps in increasing the overall business productivity.

The Policy Management in Telecom Market is expected to grow at approximately USD 1,606.95 Million by 2023, at 11% of CAGR between 2018 and 2023.

Key Players:
The prominent players in the policy management in telecom market are – LM Ericsson Telephone Company (Sweden), Huawei Investment & Holding Co., Ltd. (China), Nokia Corporation (Finland), Amdocs Limited (U.S.), Oracle Corporation (U.S.), Astea International Inc. (U.S.), Comarch Sa. (Poland), Wipro Limited (India), Intracom Telecom (Greece), Genpact (U.S.) and others.

Segments:
Policy management in telecom market for segment on the basis of component, network type, deployment and organization size.
Policy Management in Telecom market by Component:
By Solution
By Service
• Professional services
• Managed services
Policy Management in Telecom market by Network Type:
• Fixed
• Mobile
Policy Management in Telecom market by Deployment:
• Cloud
• On-Premise
Policy Management in Telecom market by Organization Size:
• Small And Medium Organization
• Large Organization

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Intended Audience
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• IT Solution Providers
• Original Equipment Manufacturers (OEM)

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