Service Delivery Platform (SDP) Market worth $6.94 billion by 2018 at a CAGR of 9.15%

The Telecom and IT practice at MarketsandMarkets is pleased to announce its Analyst Briefing on the “Service Delivery Platform (SDP) Market – Worldwide Forecasts and Analysis (2013 – 2018)”. The briefing will cover an overview of drivers, restraints and opportunities that impact this market.

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The increasing competition in the telecom industry keeps the telecom network operators to on the look out for technologies that can help them maximize the utilization of their network assets and monetize it. Telecom operators have been continuously looking for new types of services that can provide them with new revenue streams. Also, the customer expectations from telecom operators have been steadily increasing in scale, sophistication, quality and diversity. The service providers are expected to provide accessible, familiar and convenient content, anywhere and everywhere. The service providers are looking for the best and optimal ways to deliver these expectations instead of just faster and cheaper ways of doing it.

Service Delivery Platforms are solutions for telecom network operators that provide an amalgamated middle ground, for the optimal exchange of services, between telecom network operators, service providers, content providers and end users. There is no standard definition for Service Delivery Platforms. However, a Service Delivery Platform can be defined as an IT based environment that enables the creation of services, which are common across different network elements. In general, an SDP consists of a service creation environment, a service orchestration environment, a service execution environment and third party management. An SDP is not a single product. It is a suite of interconnected products and components, both logical and physical that enable flexibility in creation and modification of services and subscriber personalization. MarketsandMarkets forecasts the Service Delivery Platform market to grow from $4.48 billion in 2013 to $6.94 billion in 2018.

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