Policy Management in Telecom Market By Component, By Type, By Deployment, By Siz, By Geography – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2019 – 2026

Global Policy Management In Telecom Market is valued to reach USD 2,245.0 million by 2025, growing at CAGR of 11.2% over forecast period 2020-2026. Rising number of telecom subscribers, increased adoption of cloud-based policy management solutions and and increased deployment of integrated policy management solutions by telecom operators are a few factors driving the market.

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For IT and Telecommunications to function effectively, there needs to be a proper management framework. Certain functions such as operation & maintenance, administration, accounting, performance and security are some of the areas where IT policies are instrumental in shaping an organizational success. Hence, as the IT and telecom witnesses a maturity phase, policies are gaining a high importance as the evolution in IT sector continues to expand. Also, with the emergence of next generation frameworks & services technological advances have been witnessing a high-growth curve.

The policy management in telecom market is determined by the growing digitalization across the verticals and increase in scope of BYOD devices. In addition, persistency and rising complexity for technological solutions is likely to trigger the market growth during the forecast period. Rise in operational and maintenance costs for companies is triggering the market demand for effective policies in the global market. Moreover, telecom operators are now managing their server-client and client-server policies through virtual deployments which again results in a high market demand.