Service Delivery Platform (SDP) Market worth $6.94 Billion by 2018
DALLAS, March 11, 2013 /PRNewswire/ –
According to a new market research report “Service Delivery Platforms (SDP) Market:
Global Worldwide Trends, Adoption and Market Forecasts (2013 – 2018)”, published by
MarketsandMarkets, the SDP Market is expected to reach $6.94 billion by 2018 at a CAGR of
9.15% from 2013 to 2018.
- 83 market data tables - 84 figures - 189 pages and an in-depth Table of Content on "Service Delivery Platform (SDP) Market"
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The telecom industry has always been looking for an open framework that will enable
them to build and modify services rapidly and in a flexible way. SDP came into existence
by the early years of the previous decade. During those years, SDP was in the stage of
conceptualization. So telecom operators had very little understanding about the
capabilities and potential benefits of SDP. Now, it has been close to eight years, and SDP
has matured to a platform with many ready-to-deploy frameworks, as per the requirement.
Today, it has reached a level that telecom operators can implement SDP in their
network whenever they want. Service delivery platform market assist telecom operators and
service providers, in cutting down the Capital expenditure (CAPEX) and Operating
expenditure (OPEX) required for developing, controlling, maintaining and selling new
service offerings. Service Delivery Platform also enables the rapid development of service
offerings, thereby, greatly reducing the time to market for those service offerings. In
the current market scenario, the network evolution towards a complete service delivery
platform is inevitable.
The service delivery platform (SDP) market
is expected to grow from $4.48 billion in 2013 to $6.94 billion by 2018, at an estimated
CAGR of 9.15% from 2013 to 2018. Companies such as Huawei, Ericsson, Alactel – Lucent,
NSN, Oracle and HP are the key players in this market. The report provides in-depth
analysis of various telecom service sectors Mobile, PSTN, Broadband Data Services, and
Residential Broadband. It also describes the emerging trends in the SDP market across
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