Global self-organizing network Market Research Report 2018-2026
Summary – A new market study, “Global self-organizing network market Industry Analysis and Forecast (2018-2026) ”has been featured on WiseGuyReports.
Global self-organizing network market was valued at US$ 3.45 Bn
in 2017 and is expected to reach US$ 8.33 Bn by 2026, at a CAGR of 11.65%
during a forecast period.
Global self-organizing networks basically aim to decrease
network operator’s efforts, by automating network management processes.
Self-organizing network market offers numerous benefits, for instance,
effective network traffic management, cheap operation cost, enhanced customer
satisfaction, and effective load balancing.
The objective of the report is to present a
comprehensive assessment of the market and contains thoughtful insights, facts,
historical data, industry-validated market data and projections with a suitable
set of assumptions and methodology. The report also helps in understanding
self-organizing network market dynamics, structure by identifying and analyzing
the market segments by offering, architecture, network, network technology, and
region and, project the global market size. Further, report also focuses on
competitive analysis of key players by product, price, financial position,
product portfolio, growth strategies, and regional presence. The report also
provides PEST analysis, PORTER’s analysis, SWOT analysis to address question
of shareholders to prioritizing the efforts and investment in near future to
particular market segment
The high demand for wireless connectivity, along with the need
to manage the rising network complexity with the growing number of small phone
users are the key factors contributing to the growth of the self-organizing
network (SON) market. Rapid uptake in mobile subscriptions primarily in
developing countries is significantly boosting the market growth and providing
huge opportunities for global self-organizing network market. However, high
initial investment involved in self-organizing networks implementation is
limiting the growth of the market. Additionally, security concerns with the
implementation of open application programming interfaces (APIs) are hampering
the market growth.
The service segment is estimated to lead the self-organizing
network market during the forecast period due to the fact that once the
software is deployed in a network, it needs only maintenance and updating
services. As the lifecycle of any self-organizing network software is long,
several companies implementing the self-organizing network software into a
multi-million dollar, long-term service contracts.
5G is projected to grow at the highest CAGR during the forecast
period. 5G is 1,000 times faster than 4G, which would dominate to a significant
increase in the data transfer in the network and poised to rise network-related
issues at users' end. The self-organizing network will support the launch of 5G
technology with minimal failures in the network infrastructure.
Centralized (C-SON) architecture is the most popular and widely
accepted amongst network operators. However, the hybrid (H-SON) is likely to
witness highest growth during the forecast period owing to it combines the
features provided by Distributed (D-SON), such as optimization and real-time
response in a complex network arrangement.
North America led the global self-organizing network market
owing to the early adoption of advanced network technologies mostly in the U.S.
and Canada. However, Asia-Pacific is estimated to exhibit the highest growth
over the forecast period. The Asia Pacific may witness high mobile data,
traffic rate owing to the rising number of planned deployments of LTE networks
and upcoming 5G network.
Some of the key players in the global self-organizing network
market are Telefonaktiebolaget LM Ericsson, NEC Corporation, Cellwize Wireless
Technologies Pte Ltd., Airhop Communications, Inc., Amdocs Inc., Nokia
Solutions and Networks, Cisco Systems Inc., Huawei Technologies Co., Ltd, Ascom
Holding AG, and RadiSys Corporation.
Scope of the Global Self-Organizing Network Market
Global Self-Organizing Network Market by Offering
Software
Service
Global Self-Organizing Network Market by Architecture
D-SON
C-SON
H-SON
Global Self-Organizing Network Market by Network
Core Network
RAN
Backhaul
Wi-Fi
Global Self-Organizing Network Market by Network Technology
2G/3G
4G/LTE
5G
Global Self-Organizing Network Market by Geography
North America
Europe
Asia-Pacific
Middle East & Africa
South America
Key Players operating in the Global Self-Organizing Network Market
Airhop Communications
Airspan
Amdocs
Blinq Networks (Communication Components Inc.)
Bwtech
Casa Systems
Ccs (Cambridge Communication Systems) Ltd.
Cellwize Wireless Technologies
Cisco
Comarch
Commscope
Ericsson
Huawei
NEC
Nokia
P.I. Works
Qualcomm
Rohde & Schwarz
Teoco
Viavi Solutions
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