Over $3.4 billion in revenue has been generated by the global service delivery platform market in 2009 according to findings by Analysys (News - Alert) Mason.

The latest report, “Service delivery platforms: worldwide forecast 2010–2014,” also found that by 2014, the market is expected to generate $6.8 billion, growing at a CAGR of 14.8 percent.

Peter Mottishaw (News - Alert), author of the report and a principal analyst at Analysys Mason said, “In mature markets, the main driver for SDP spending is the need to enable new revenue streams from new services, and to support enhancements of existing services and new business models.”

According to Mottishaw, these drivers also, “apply in emerging markets, but the high underlying growth in subscriber numbers is the more important driver for the increase in SDP spending. In both cases, prepaid services are a major factor in SDP spending.”

One of the key factors driving spending in the real-time charging and telecoms application server sub-segments is the replacement of legacy IN platforms. Mottishaw said.

In addition, the report uncovered that the fastest­growing sub-segment will be mobile content management and delivery. The rapid growth in mobile data services and the increasing penetration of smartphones are the key factors for this growth.

The largest sub-segment currently is telecoms application servers. At a CAGR of 11.2 percent, spending will grow from $1.5 billion or in 2009 to $2.5 billion in 2014. Prepaid enhancement and session control is one of the factors driving the investment. Other factors include next­generation intelligent networks, service brokers, new enterprise and consumer services and third-party service exposure.