Openet leads policy management software market, ahead of Huawei, Tekelec and Amdocs
March 28, 2012 - Openet
Openet is leading the policy management software market in 2011, followed by Huawei, Tekelec and Amdocs. Sales of policy management software market grew 41 percent to $589 million 2011. Operators in developed markets continue to make policy vendor selections in line with LTE trials and deployments.
More operators are using policy solutions to generate revenue from new services and to optimize the subscriber experience, as opposed to using policy control as a stick to restrict subscribers' usage of their networks.
"As policy management's applications broaden, we'll see continued strong growth in the market over the next several years, along with additional vendor consolidation as the market matures," said Shira Levine, directing analyst for next gen OSS and policy at Infonetics Research.