ABI Research: PCRF market will grow from $350M in 2010 to $1.6B by 2016

 

A new report from ABI Research finds that "The PCRF .. is the key to implementing policy in a mobile broadband network. Although PCRFs have already been deployed for simple uses, particularly in North American and Western Europe, ABI Research sees significant growth in the PCRF business worldwide as operators try to manage their bandwidth problems and introduce more creative charging for data usage. The PCRF market will grow from approximately US$350M in 2010 to almost US$1.6B by 2016. There are currently 40 to 50 PCRF vendors (my list - here), and this study analyzes the strengths and weaknesses of each vendor. The study also provides a detailed background on the evolution of policy solutions, and concludes with recommendations for network operators as well as equipment vendors".

See "Policy Management for Mobile Broadband" - here. The report also covers Policy enforcement and Diameter routers vendors (see also here)

Jim Eller, principal analyst, said: “Instead of trying to block or throttle data traffic, mobile operators need to figure out how they can profit from the huge opportunity that has fallen into their laps. With worldwide data traffic volume growing at a CAGR of more than 50% annually, trillions of dollars in data revenues are at stake”  (see press release - here).

In March, an Infonetics report found that "Policy management revenue grew 48% in 2010 to $418.7M, with the majority of spending occurring in the wireless market ..policy management market to nearly quadruple from 2010 to 2015, to $1.6B" (here).