Press release
SON (Self-Organizing Networks) in the 5G Market Expected to Hit 5.5 Billion $ by 2022 | Worldwide Top Key Players - 3GPP, 5G PPP, Accedian Networks, Accelleran, Accuver, Actix, Alpha Networks, Alphabet, Altran, Amdocs
Marketprognosis.com Publish a New Market Research Report On “Global SON (Self-Organizing Networks) in the 5G Market 2018 - 2030” which contains global key player’s survey information and forecast to 2030.Overview of the Global SON (Self-Organizing Networks) in the 5G Market:
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.
To support their LTE and HetNet deployments, early adopters of SON have already witnessed a spate of benefits – in the form of accelerated rollout times, simplified network upgrades, fewer dropped calls, improved call setup success rates, higher end-user throughput, alleviation of congestion during special events, increased subscriber satisfaction and loyalty, and operational efficiencies – such as energy and cost savings, and freeing up radio engineers from repetitive manual tasks.
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Although SON was originally developed as an operational approach to streamline cellular RAN (Radio Access Network) deployment and optimization, mobile operators and vendors are increasingly focusing on integrating new capabilities such as self-protection against digital security threats, and self-learning through artificial intelligence techniques, as well as extending the scope of SON beyond the RAN to include both mobile core and transport network segments – which will be critical to address 5G requirements such as end-to-end network slicing. In addition, dedicated SON solutions for Wi-Fi and other access technologies have also emerged, to simplify wireless networking in home and enterprise environments.
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, market research analyst estimates that SON will account for a market worth $5.5 Billion.
Purchase this report online with 367 Pages, Top Key Players Analysis and List of Tables & Figure @ https://marketprognosis.com/buyReport/18398 .
Major Key Players:
1 3GPP (Third Generation Partnership Project)
2 5G PPP (5G Infrastructure Public Private Partnership)
3 Accedian Networks
4 Accelleran
5 Accuver
6 Actix
7 AIRCOM International
8 AirHop Communications
9 Airspan Networks
10 Allot Communications
11 Alpha Networks
12 Alphabet
13 Altiostar Networks and More…………….
Any Query? Ask to our Expert @ https://marketprognosis.com/enquiry/18398 .
Key Findings:
1 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, market research analyst estimates that SON will account for a market worth $5.5 Billion.
2 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%.
3 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.
4 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.
5 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.
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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