The Global Market for Service Delivery Platform is Projected to Surpass US$9 Billion by 2020

Rising Demand for Innovative Value Added Services Drives Telecom Operators to Invest in Service Delivery Platforms, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Service Delivery Platform market. The global market for Service Delivery Platform is projected to surpass US$9 billion by 2020, driven by the growing focus of telecom service providers to build innovative value added services that help tap into emerging opportunities in new areas such as M2M, LTE deployment, and cloud computing.

A Service Delivery Platform (SDP) refers to a set of hardware and software components, which aid in creating, delivering and managing services offered over a telecommunications network. By implementing SDP, telecom operators can rapidly develop and deploy a variety of converged products, thereby expanding the range of service offerings. Though SDPs have been available in the market for nearly a decade, it is only in recent years that the concept has gained popularity in the telecom industry. With telecom operators facing challenges in the form of falling average revenue per user (ARPU) and increasing customer churn rate in both fixed line and mobile networks, operators are focusing on offering a wider range of premium priced, value added services to customers. In order to improve returns on investments and gain an edge over rivals in the intensely competitive telecom sector, operators are deploying scalable and flexible SDPs, which aid in the creation, delivery and management of value added services. SDPs also help facilitate reduction in operational costs and aid in lowering time-to-market of new services.

The market for SDP software and services for both fixed line and mobile networks continues to grow at a strong pace driven by the continuous increase in mobile deployments, particularly in emerging markets. Service providers are also investing in SDP solutions to tap the emerging opportunities in relatively new areas such as M2M (machine-to-machine) and cloud computing. With Telecom operators investing huge financial resources on FTTx, LTE (Long-Term Evolution), and IMS (IP Multimedia Subsystem) network technologies SDP spending is on the rise. Market growth is also favored by the availability of advanced SDP products based on SOA (Service Oriented Architecture) and web services interface, which feature easy plug-and-play capabilities.

As stated by the new market research report on Service Delivery Platform, Europe represents the largest market worldwide. The region is registering strong growth in SDP spending, driven by the growing demand for machine-to-machine (M2M) services. Also in mature markets, the focus of SDP spending is more on service layer transformation, as operators make the shift towards IMS over LTE. Asia-Pacific is poised to record the fastest CAGR of 11.9% over the analysis period. The vast population in the region offers a large addressable market for personalized and diversified service offerings. Regional powerhouses, namely China and India, are expected to raise investments in VoLTE and IMS (IP Multimedia Subsystem).

Major players covered in the reported include Alcatel-Lucent, Amdocs Inc., APEX Communications, Broadsoft Inc., CA Technologies Inc., Comverse Inc., Hewlett-Packard Development Company L.P., Huawei Technologies Co. Ltd., Nokia Solutions and Networks Oy, Oracle Corporation, Tata Consultancy Services Limited, Telefonaktiebolaget LM Ericsson, Telenity, Viaccess-Orca, and ZTE Corporation, among others.

The research report titled “Service Delivery Platform: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies.  The report provides market estimates and projections in US$ Million for all major geographic markets including the US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. The market is also analyzed by the segments – Software and Services. 

Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved. 

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