Press release
New Research on the SON(Self-Organizing Networks) In The 5G Era Predicts it to Witness $ 5.5 Billion growth at CAGR of 11% by end of 2022 with Top Industry Player’s - 3GPP (Third Generation Partnership Project), 5G PPP (5G Infrastructure Public Private
Largely driven by the increasing complexity of today’s multi-RAN mobile networks - including network densification and spectrum heterogeneity, as well as 5G NR (New Radio) infrastructure rollouts, global investments in SON technology are expected to grow at a CAGR of approximately 11% between 2019 and 2022. By the end of 2022, AMR estimates that SON will account for a market worth $5.5 Billion.
SON (Self-Organizing Network) technology minimizes the lifecycle cost of running a mobile network by eliminating manual configuration of network elements at the time of deployment, right through to dynamic optimization and troubleshooting during operation. Besides improving network performance and customer experience, SON can significantly reduce the cost of mobile operator services, improving the OpEx-to-revenue ratio and deferring avoidable CapEx.
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Top Market Player’s
3GPP (Third Generation Partnership Project), 5G PPP (5G Infrastructure Public Private Partnership), Accedian Networks, Accelleran, Accuver, Actix, AIRCOM International, AirHop Communications, Airspan Networks, Allot Communications, Alpha Networks, Alphabet, EXFO, Facebook, Fairspectrum, Federated Wireless, Flash Networks, Fon, Fontech, Forsk, Fujian Sunnada Network Technology, Fujitsu, Galgus, KDDI Corporation, Keima, Key Bridge, Keysight Technologies
The report has the following key findings:
Largely driven by the increasing complexity of today’s multi-RAN mobile networks - including network densification and spectrum heterogeneity, as well as 5G NR (New Radio) infrastructure rollouts, global investments in SON technology are expected to grow at a CAGR of approximately 11% between 2019 and 2022. By the end of 2022, SNS Telecom & IT estimates that SON will account for a market worth $5.5 Billion.
- Based on feedback from mobile operators worldwide, the growing adoption of SON technology has brought about a host of practical benefits for early adopters - ranging from more than a 50% decline in dropped calls and reduction in network congestion during special events by a staggering 80% to OpEx savings of more than 30% and an increase in service revenue by 5-10%.
- In addition, SON mechanisms are playing a pivotal role in accelerating the adoption of 5G networks - through the enablement of advanced capabilities such as network slicing, dynamic spectrum management, predictive resource allocation, and the automated of deployment of virtualized 5G network functions.
- To better address network performance challenges amidst increasing complexity, C-SON platforms are leveraging an array of complementary technologies - from artificial intelligence and machine learning algorithms to Big Data technologies and the use of alternative data such as information extracted from crowd-sourcing tools.
- In addition to infrastructure vendor and third-party offerings, mobile operator developed SON solutions are also beginning to emerge. For example, Elisa has developed a SON platform based on closed-loop automation and customizable algorithms for dynamic network optimization. Through a dedicated business unit, the Finnish operator offers its in-house SON implementation as a commercial product to other mobile operators.
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Market Segments
Market forecasts are provided for each of the following submarkets and their subcategories:
• Mobile Network Optimization
• SON
• Conventional Mobile Network Planning & Optimization
SON Network Segment Submarkets
• RAN (Radio Access Network)
• Mobile Core
• Transport (Backhaul & Fronthaul)
SON Architecture Submarkets
• C-SON (Centralized SON)
• D-SON (Distributed SON)
SON Access Network Technology Submarkets
• 2G & 3G
• LTE
• 5G
• Wi-Fi & Others
Regional Markets
• Asia Pacific
• Eastern Europe
• Latin & Central America
• Middle East & Africa
• North America
• Western Europe
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Our main goal is to Boost and Associate organizations to Build everlasting strategic enhancement and recognize growth Purpose. The organization assists its clients to accomplish business policies and achieve Continuous growth in their respective market domain.
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