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Self Organizing Networks SON Market Will Transform and Touch to a total volume by Latest Industry Expection: Airspan, Teoco, Ericsson, Cisco, Amdocs, Huawei, NEC, Nokia, Rohde & Schwarz, Qualcomm

06-20-2019 04:41 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Self Organizing Networks

Self Organizing Networks

Self Organizing Network Market Report, published by Worldwide Market Reports, forecasts that the global market is expected to garner revenue of $XX billion by 2026, registering a CAGR of XX% during the forecast period 2016 - 2022. In the year 2015, North America dominated the global 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.

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.

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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.

With growing number of mobile phone users every day and increasing network complexity, there is a rising demand for self organizing networks and optimization software to manage complex networks. As a result, future for SON and optimization software industry seems bright in the upcoming years. Implementation of 4G network resulted in network complexity, thus facilitating the need of effective technology to manage such complex networks. In anticipation of these issues, large operators have developed self organizing network technology to address these challenges.

Fourth generation (4G) of cellular communications is offering much greater bandwidth which is expected to stimulate the development, operation, and implementation of many new applications. Each of these applications will be unique in terms of bandwidth and performance needs. With the increase in network bandwidth, it will become much more complex to manage this network which will further facilitate the need for improved operations and OSS (operational support systems). Implementation of newer technology, called self organizing networks (SON) is serving as a key driver for improving operational support systems for 4G networks. Self organizing networks and optimization software market is expected to set up over time and grow positively in upcoming years.

Key Findings Self-organizing Network Market:
• 4G/LTE segment is expected to exhibit high growth potential as 4G/LTE network operators have started deploying SON to deliver streamlined network performance and improved service quality.
• The centralized (C-SON) architecture is the most popular architecture and is expected to hold a significant market share throughout the analysis period.
• H-SON architecture is anticipated to exhibit fastest growth throughout the forecast period, as it enables effective handling of heterogeneous network, reduces operation cost, and offers real-time response to network issues.
• Asia-Pacific is expected to surpass North America, and emerge as a leader in the SON market during the forecast period.

The report outlines the competitive scenario of theself-organizing networks market, providing a comprehensive study of the key strategies adopted by major companies. Key companies profiled in the report are Airspan, Teoco, Ericsson, Cisco, Amdocs, Huawei, NEC, Nokia, Rohde & Schwarz, Qualcomm among others.

This research report analyzes this market based on its market segments and major geographies. It is the comprehensive analysis of current market trends, industry growth drivers, market restraints, market structure, market numbers, and future predictions for upcoming years. It also includes analysis of recent technological developments, Porter’s five force model analysis, and company profiles of top market players. This report provides review of micro and macro factors significant from point of view of new entrants and existing market players along with detailed value chain analysis.

Reasons for Buying this Report:

• This report provides pin-point analysis for changing competitive dynamics
• It provides a forward looking perspective on different factors driving or restraining market growth
• It provides a technological growth map over time to understand the industry growth rate
• It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
• It helps in understanding the key product segments and their future

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About WMR

Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends.

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