Global Subscriber Data Management Market to Reach $18.2 Billion by 2030
The global market for Subscriber Data Management estimated at US$6.3 Billion in the year 2023, is expected to reach US$18.2 Billion by 2030, growing at a CAGR of 16.4% over the analysis period 2023-2030. Policy Management, one of the segments analyzed in the report, is expected to record a 16.8% CAGR and reach US$9.3 Billion by the end of the analysis period. Growth in the Identity Management segment is estimated at 15.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 15.4% CAGR
The Subscriber Data Management market in the U.S. is estimated at US$1.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2030 trailing a CAGR of 15.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 13.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.7% CAGR.
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