Service Delivery Platform Market - Forecast(2024 - 2030)
Service Delivery Platform Market Overview
The Global Service Delivery Platform Market size is forecast to reach US$9.2 billion by 2027, growing at a CAGR of 10.5% from 2022 to 2027. The growth can be attributed to rapid technological advancements, increased penetration of IoT-connected devices and increasing smartphone usage. Although commonly used in telecommunications, Service Delivery Platforms can also be applied in any system that provides a service including voice over internet protocol telephone, internet protocol television, internet services or SaaS. This wide applicability of these platforms also drives the Service Delivery Platform Industry forward. The primary access point, the service creation environment is used by the developers of the service delivery platforms to create software components, scripts and resources which facilitates the rapid creation of new communication services. Therefore, a telecom infrastructure provider can gain a significant advantage with a Service Delivery Platform that provides a rapid service creation environment. These factors will positively influence the Service Delivery Platform Industry Outlook over the forecast period.
Report Coverage
The report: “Service Delivery Platform Industry
Outlook – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis
of the following segments in the Service Delivery Platform industry.
Key Takeaways
- In the Service Delivery Platform market report, Software components are analyzed to grow at a significant rate with a CAGR of 10.8% due to the increasing adoption of cloud-based technologies and the need for process automation by businesses.
- Subscriber data management segment is expected to grow at the highest rate with a CAGR of 11.2% during the forecast period owing to factors such as growing mobile usage and internet penetration.
- North American region had the largest share with a market share of 34% in the global Service Delivery Platform Market size, owing to factors such as increased implementation and continuous R&D investments.
Service
Delivery Platform Market Segment Analysis - by Components
By Components, Software components in Service
Delivery Platform Market report are analyzed to grow with the highest CAGR
of 10.8% during the forecast period 2022-2027. The increasing adoption of cloud-based
technology is offering a new potential for Service Delivery Platforms. A
centralized service delivery platform software enables enterprises to aggregate
external and internal services and to charge business units for service
consumption. Thus, businesses and other systems that use services such as voice
over internet protocol, internet protocol television and others use service
delivery platform software for business automation, delivery automation and IT
automation boosting the adoption of SDP software. In January 2021, Microsoft
introduced blockchain-enabled software that helps businesses and
enterprises to regulate and improve their service quality. These factors will
boost the Service Delivery Platform Market size over the forecast period.
Service
Delivery Platform Market Segment Analysis - by Applications
Based on Applications, the subscriber data management segment in the Service
Delivery Platform Market report is analyzed to grow at the highest CAGR
of 11.2% during the forecast period 2022-2027. The growing
number of mobile users and mobile devices, increased adoption of network
function virtualization (NFV) and IP systems, as well as increased subscriber
demand for LTE and VoLTE technologies, are all driving up the demand for
subscriber data management which in turn also influences the Service Delivery
Platform industry outlook. In February 2020, Enea's Openwave Mobility
Inc.,, launched the Enea Unified Data Manager, a subscriber data management
delivery platform for 4G and 5G data management. These developments will help
grow the Service Delivery Platform market in size.
Service Delivery Platform Market Segment Analysis - by Geography
North America dominated the global market for Service Delivery Platform Market with a market share of 34% in 2021. The report is also analyzed to have significant growth over the forecasting period owing to factors such as constant research and development initiatives along with the increased implementation of SDPs across various industry verticals. For instance, in Q1 of 2021, U.S. spending on cloud infrastructure services amounted to US$ 18.6 billion. As SDP has great applications in cloud computing, these kinds of investments will boost the adoption of SDPs and thereby, boost the market size in the North American market.
Service
Delivery Platform Market Drivers
Growing demand towards lowering operational costs will boost the Service Delivery Platform Market Growth
Growing demand
for minimizing operational costs acts as a major factor driving the market
growth of the Service Delivery Platform market. Companies
are looking to establish more delivery platforms by customizing services for
different industries, upgrading the delivery dispatch system, and improving
delivery infrastructure and reducing operational costs. For instance, in May 2019,
China's Meituan Dianping launched "Meituan Delivery," a
global-delivery platform, in order to expand service to more industries and
customers. As a result, the Service Delivery Platform Industry outlook is
expected to increase over the forecast period.
Increasing adoption of cloud-based services and IoT technology across industries will drive the Service Delivery Platform industry forward
The growing
adoption of cloud-based services and IoT technology among small and
medium-sized businesses is propelling the service delivery platform market forward. Adoption of cloud-based services in business helps
to improve the scalability of Internet-based databases, lower costs and reduce
risks. Service Delivery Platform solutions provide delivery architecture such as service creation
environment and can be applied to internet protocol television and voice over
internet protocol systems, therefore incorporating IoT for data operations into
systems has emerged as a critical factor in driving market demand for the market. According
to Cloudwards' Cloud Computing Statics published in 2022, organizations are
analyzed to rely heavily on cloud computing, with nearly 48% of businesses
choosing to store their classified as well as most critical data, including
both encrypted and non-encrypted data, within the cloud. These factors will
increase the Service Delivery Platform market size over the forecast
period.
Service
Delivery Platform Market Challenge
Data Breaches and Security Concerns with
Service Delivery Platforms will hinder market growth.
Although using
SDPs is a very viable option for businesses, Data security and breaches are top
concerns that hamper the Service Delivery Platform market growth.
Identity and access management needs to be managed before trusting any third-party
service platforms with the company’s sensitive data. As data is constantly
accessed from various electronic devices with multiple accounts, the risk of
data breaches is very high. Thus, security concerns and data breach events have
slowed the Service Delivery Platform market growth.
Service Delivery Platform Industry Outlook
Product launches, collaborations, and
R&D activities are key strategies adopted by players in the Service
Delivery Platform Market. The top 10 companies in the Service Delivery Platform market include
- Microsoft Corporation
- Oracle
- Hewlett-Packard
- Accenture
- Deloitte
- HCL
- SGK International
- Alcatel-Lucent
- Quantum
Recent Developments
- In April 2022, Quantum announced the availability of the new MyQuantum Service Delivery Platform. This is aimed to enhance customer service experience and further expand its service capabilities.
- In March 2022, HCL collaborated with IBM to offer a network modernization technology for telecom providers. This acquisition will boost the adoption of service delivery platforms to transform telecom companies' networks.
- In September 2021, Deloitte launched a new Digital Service Delivery Platform which provides a streamlined, sustainable and cost-effective way to modernize legacy applications.
Relevant Report Titles:
Report
Code: ITR 57620
Report
Code: ITR 46910
Report Code: ITR 0043
For more Information and Communications Technology Market reports, please click here
LIST OF TABLES
1.Global Service Delivery Platform Market Size And Forecast By Software And Services Market 2023-2030 ($M)1.1 By Software Market 2023-2030 ($M) - Global Industry Research
1.2 By Services Market 2023-2030 ($M) - Global Industry Research
1.2.1 By Consulting Market 2023-2030 ($M)
1.2.2 By Integration Services Market 2023-2030 ($M)
2.Global Service Delivery Platform Market Size And Forecast By Sub-Segments Market 2023-2030 ($M)
2.1 Telecom Applications Server Market 2023-2030 ($M) - Global Industry Research
2.2 Mobile Content Management And Delivery Market 2023-2030 ($M) - Global Industry Research
2.3 Policy Management Market 2023-2030 ($M) - Global Industry Research
2.4 Subscriber Data Management Market 2023-2030 ($M) - Global Industry Research
3.Global Service Delivery Platform Market Size And Forecast By Telecom Service Sectors Market 2023-2030 ($M)
3.1 Mobile Market 2023-2030 ($M) - Global Industry Research
3.2 Pstn Market 2023-2030 ($M) - Global Industry Research
3.3 Business Data Services Market 2023-2030 ($M) - Global Industry Research
3.4 Residential Broadband Market 2023-2030 ($M) - Global Industry Research
4.Global Service Delivery Platform Market Size And Forecast By Software And Services Market 2023-2030 (Volume/Units)
4.1 By Software Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 By Services Market 2023-2030 (Volume/Units) - Global Industry Research
4.2.1 By Consulting Market 2023-2030 (Volume/Units)
4.2.2 By Integration Services Market 2023-2030 (Volume/Units)
5.Global Service Delivery Platform Market Size And Forecast By Sub-Segments Market 2023-2030 (Volume/Units)
5.1 Telecom Applications Server Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Mobile Content Management And Delivery Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 Policy Management Market 2023-2030 (Volume/Units) - Global Industry Research
5.4 Subscriber Data Management Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Service Delivery Platform Market Size And Forecast By Telecom Service Sectors Market 2023-2030 (Volume/Units)
6.1 Mobile Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Pstn Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Business Data Services Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 Residential Broadband Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Service Delivery Platform Market Size And Forecast By Software And Services Market 2023-2030 ($M)
7.1 By Software Market 2023-2030 ($M) - Regional Industry Research
7.2 By Services Market 2023-2030 ($M) - Regional Industry Research
7.2.1 By Consulting Market 2023-2030 ($M)
7.2.2 By Integration Services Market 2023-2030 ($M)
8.North America Service Delivery Platform Market Size And Forecast By Sub-Segments Market 2023-2030 ($M)
8.1 Telecom Applications Server Market 2023-2030 ($M) - Regional Industry Research
8.2 Mobile Content Management And Delivery Market 2023-2030 ($M) - Regional Industry Research
8.3 Policy Management Market 2023-2030 ($M) - Regional Industry Research
8.4 Subscriber Data Management Market 2023-2030 ($M) - Regional Industry Research
9.North America Service Delivery Platform Market Size And Forecast By Telecom Service Sectors Market 2023-2030 ($M)
9.1 Mobile Market 2023-2030 ($M) - Regional Industry Research
9.2 Pstn Market 2023-2030 ($M) - Regional Industry Research
9.3 Business Data Services Market 2023-2030 ($M) - Regional Industry Research
9.4 Residential Broadband Market 2023-2030 ($M) - Regional Industry Research
10.South America Service Delivery Platform Market Size And Forecast By Software And Services Market 2023-2030 ($M)
10.1 By Software Market 2023-2030 ($M) - Regional Industry Research
10.2 By Services Market 2023-2030 ($M) - Regional Industry Research
10.2.1 By Consulting Market 2023-2030 ($M)
10.2.2 By Integration Services Market 2023-2030 ($M)
11.South America Service Delivery Platform Market Size And Forecast By Sub-Segments Market 2023-2030 ($M)
11.1 Telecom Applications Server Market 2023-2030 ($M) - Regional Industry Research
11.2 Mobile Content Management And Delivery Market 2023-2030 ($M) - Regional Industry Research
11.3 Policy Management Market 2023-2030 ($M) - Regional Industry Research
11.4 Subscriber Data Management Market 2023-2030 ($M) - Regional Industry Research
12.South America Service Delivery Platform Market Size And Forecast By Telecom Service Sectors Market 2023-2030 ($M)
12.1 Mobile Market 2023-2030 ($M) - Regional Industry Research
12.2 Pstn Market 2023-2030 ($M) - Regional Industry Research
12.3 Business Data Services Market 2023-2030 ($M) - Regional Industry Research
12.4 Residential Broadband Market 2023-2030 ($M) - Regional Industry Research
13.Europe Service Delivery Platform Market Size And Forecast By Software And Services Market 2023-2030 ($M)
13.1 By Software Market 2023-2030 ($M) - Regional Industry Research
13.2 By Services Market 2023-2030 ($M) - Regional Industry Research
13.2.1 By Consulting Market 2023-2030 ($M)
13.2.2 By Integration Services Market 2023-2030 ($M)
14.Europe Service Delivery Platform Market Size And Forecast By Sub-Segments Market 2023-2030 ($M)
14.1 Telecom Applications Server Market 2023-2030 ($M) - Regional Industry Research
14.2 Mobile Content Management And Delivery Market 2023-2030 ($M) - Regional Industry Research
14.3 Policy Management Market 2023-2030 ($M) - Regional Industry Research
14.4 Subscriber Data Management Market 2023-2030 ($M) - Regional Industry Research
15.Europe Service Delivery Platform Market Size And Forecast By Telecom Service Sectors Market 2023-2030 ($M)
15.1 Mobile Market 2023-2030 ($M) - Regional Industry Research
15.2 Pstn Market 2023-2030 ($M) - Regional Industry Research
15.3 Business Data Services Market 2023-2030 ($M) - Regional Industry Research
15.4 Residential Broadband Market 2023-2030 ($M) - Regional Industry Research
16.APAC Service Delivery Platform Market Size And Forecast By Software And Services Market 2023-2030 ($M)
16.1 By Software Market 2023-2030 ($M) - Regional Industry Research
16.2 By Services Market 2023-2030 ($M) - Regional Industry Research
16.2.1 By Consulting Market 2023-2030 ($M)
16.2.2 By Integration Services Market 2023-2030 ($M)
17.APAC Service Delivery Platform Market Size And Forecast By Sub-Segments Market 2023-2030 ($M)
17.1 Telecom Applications Server Market 2023-2030 ($M) - Regional Industry Research
17.2 Mobile Content Management And Delivery Market 2023-2030 ($M) - Regional Industry Research
17.3 Policy Management Market 2023-2030 ($M) - Regional Industry Research
17.4 Subscriber Data Management Market 2023-2030 ($M) - Regional Industry Research
18.APAC Service Delivery Platform Market Size And Forecast By Telecom Service Sectors Market 2023-2030 ($M)
18.1 Mobile Market 2023-2030 ($M) - Regional Industry Research
18.2 Pstn Market 2023-2030 ($M) - Regional Industry Research
18.3 Business Data Services Market 2023-2030 ($M) - Regional Industry Research
18.4 Residential Broadband Market 2023-2030 ($M) - Regional Industry Research
19.MENA Service Delivery Platform Market Size And Forecast By Software And Services Market 2023-2030 ($M)
19.1 By Software Market 2023-2030 ($M) - Regional Industry Research
19.2 By Services Market 2023-2030 ($M) - Regional Industry Research
19.2.1 By Consulting Market 2023-2030 ($M)
19.2.2 By Integration Services Market 2023-2030 ($M)
20.MENA Service Delivery Platform Market Size And Forecast By Sub-Segments Market 2023-2030 ($M)
20.1 Telecom Applications Server Market 2023-2030 ($M) - Regional Industry Research
20.2 Mobile Content Management And Delivery Market 2023-2030 ($M) - Regional Industry Research
20.3 Policy Management Market 2023-2030 ($M) - Regional Industry Research
20.4 Subscriber Data Management Market 2023-2030 ($M) - Regional Industry Research
21.MENA Service Delivery Platform Market Size And Forecast By Telecom Service Sectors Market 2023-2030 ($M)
21.1 Mobile Market 2023-2030 ($M) - Regional Industry Research
21.2 Pstn Market 2023-2030 ($M) - Regional Industry Research
21.3 Business Data Services Market 2023-2030 ($M) - Regional Industry Research
21.4 Residential Broadband Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Service Delivery Platform Market Revenue, 2023-2030 ($M)2.Canada Service Delivery Platform Market Revenue, 2023-2030 ($M)
3.Mexico Service Delivery Platform Market Revenue, 2023-2030 ($M)
4.Brazil Service Delivery Platform Market Revenue, 2023-2030 ($M)
5.Argentina Service Delivery Platform Market Revenue, 2023-2030 ($M)
6.Peru Service Delivery Platform Market Revenue, 2023-2030 ($M)
7.Colombia Service Delivery Platform Market Revenue, 2023-2030 ($M)
8.Chile Service Delivery Platform Market Revenue, 2023-2030 ($M)
9.Rest of South America Service Delivery Platform Market Revenue, 2023-2030 ($M)
10.UK Service Delivery Platform Market Revenue, 2023-2030 ($M)
11.Germany Service Delivery Platform Market Revenue, 2023-2030 ($M)
12.France Service Delivery Platform Market Revenue, 2023-2030 ($M)
13.Italy Service Delivery Platform Market Revenue, 2023-2030 ($M)
14.Spain Service Delivery Platform Market Revenue, 2023-2030 ($M)
15.Rest of Europe Service Delivery Platform Market Revenue, 2023-2030 ($M)
16.China Service Delivery Platform Market Revenue, 2023-2030 ($M)
17.India Service Delivery Platform Market Revenue, 2023-2030 ($M)
18.Japan Service Delivery Platform Market Revenue, 2023-2030 ($M)
19.South Korea Service Delivery Platform Market Revenue, 2023-2030 ($M)
20.South Africa Service Delivery Platform Market Revenue, 2023-2030 ($M)
21.North America Service Delivery Platform By Application
22.South America Service Delivery Platform By Application
23.Europe Service Delivery Platform By Application
24.APAC Service Delivery Platform By Application
25.MENA Service Delivery Platform By Application
26.Accenture, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Aepona, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Alcatel-Lucent, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Amdocs, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Ericsson, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Hewlett-Packard, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Huawei, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Ibm, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Microsoft, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Nokia Siemens Network, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Opencloud, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Oracle, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Telenity, Sales /Revenue, 2015-2018 ($Mn/$Bn)