Albany, New York USA (PRWEB) March 23, 2014 -- Policy management software market is gaining momentum as more number of network operators are using policy solutions to generate revenues from new services and to optimize the subscriber experience. Policy management software industry is set to witness strong growth rate in the near future with increasing policy management applications and new vendors. The global sales of policy management software reached $589 million during 2011 and expected to go beyond $1.9 billion by 2016. Wireless market is the most popular segments of policy management software industry.
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Most network operators are using policy management software to launch new capabilities via secure API networks with third parties. The increasing number of machine to machine connection in next few years will possibly drive the growth of policy management software industry as operators use policy solutions to identify, manage and track machine to machine traffic.
Market Segmentation
Fixed Line Braodband Networks
Cable Broadband Networks
3G Broadband Network
WiMAX
LTE Mobile Network
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Major geographies analyzed under this research report are
Europe
North America
Asia Pacific
Rest of the World
Major Players
Some of the key players dominating this market are Alcatel-Lucent, Amdocs, BandWD, Broadhop, Comarch, Comptel, Comverse, Huawei, Intec, Intracom, Juniper, Nokia Siemens, Openet, Redknee, Tango, Tekelec, Telcordia, Elitecore, Ericsson, FTS, HP, VBS, and others.
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