The Objective of the “Global Self-Organizing Networks Market” report is to depict the trends and upcoming for the Self-Organizing Networks industry over the forecast years. Self-Organizing Networks Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2016 to 2022 mulling over 2015 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation
The world self-organizing networks market is likely to garner revenue of $8.3 billion by 2022, with a CAGR of 11.1% from 2016 to 2022. In the year 2015, North America dominated the world SON market owing to early adoption of advanced network technologies mainly in the U.S. and Canada. However, Asia-Pacific is expected to exhibit the highest growth over the forecast period.
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SON is being increasingly deployed by the telecom operators owing to benefits such as faster response time, improved network management, and self-healing network capabilities among others. SON is widely deployed in several cellular networks which include 2G/3G and 4G/long term evolution (LTE). Among these, the already established 2G/3G cellular networks are expected to contribute over two-thirds of the overall market revenue, throughout the analysis period, owing to a wide coverage. However, the 4G/LTE segment is expected to grow rapidly, with a CAGR of over 15.1% during the forecast period. This growth is likely to be driven by faster deployment of SON in the rapidly growing 4G/LTE cellular networks, primarily in the developed countries.
Within the different SON architectures, centralized (C-SON) architecture is more popular and widely accepted amongst network operators, worldwide. However, the hybrid self-organizing network segment (H-SON) is expected to witness highest growth during the forecast period, as it combines the features provided by S-SON and D-SON, such as optimization and real-time response in complex network arrangement.
North America presently leads the market, on account of high investment in network technologies as well as wide internet penetration. However, Asia-Pacific is expected to emerge as the biggest market, surpassing North America during the forecast period, on account of the rapidly growing advanced cellular technologies such as LTE/4G and the large subscriber base.
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- Cellwize Wireless Technologies Pte Ltd.
- Airhop Communications Inc.
- Amdocs Inc.
- Nokia Solutions and Networks
- Cisco Systems Inc.
- NEC Corporation
- Huawei Technologies Co., Ltd
- Ascom Holding AG
- Telefonaktiebolaget L. M. Ericsson
- RadiSys Corporation
Driving factors for the market
- Exponential growth in mobile data traffic
- Rising complexity of mobile networks
- Increasing demand for effective network management and planning
Market Restraints and Opportunities:
- High initial implementation cost
- Rapid uptake of mobile subscriptions in emerging countries
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