Self-Organizing Network (SON) Market Will Generate Record Revenue by 2029

Global self-organizing network market is anticipated to grow at a considerable CAGR of 11.0% during the forecast period. Self-Organizing Networks (SON) are collections of AI/machine learning-driven functions for the automatic configuration, optimization, diagnosis, and healing of cellular networks. It minimizes the cost of running mobile networks by eliminating the manual configuration of network elements and troubleshooting operational problems. It helps to reduce capital expenditure (CAPEX) and operational expenditure (OPEX) related to network operations. 

The adoption of self-organizing network technology results in a reduced rate of dropped calls and network congestion. Thereby savings of operational expenditure and hence contributing to an increase in service revenue. The self-organizing network is also playing a crucial role in the increase in the adoption of 5G networks through technologies such as network slicing, dynamic spectrum management, predictive resource allocation, and automated deployment of virtual 5G network functions. 

It is an intelligent mobile network software solution that deals with complex network operations to ensure smooth running and enhanced network performance. With the growing number of mobile phone users and increasing network complexity, there is a rising demand for self-organizing networks and optimization software to manage complex networks. Also, organizations are extending their networks to new places. Thus, they need to connect core enterprise operations to industrial spaces, spanning utility grids, manufacturing facilities, and transportation networks. Therefore, they are prioritizing the adoption of self-organizing networks. Further, the advancement in cloud services by market players to optimize the performance of networks is anticipated to propel the market. For instance, in February 2023, Cisco announced innovations in cloud-managed networking, to help customers simplify their IT operations. With powerful new cloud management tools for industrial IoT applications, it has provided simplified dashboards to converge IT and OT operations along with flexible network intelligence to see and secure all industrial assets. 

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Offering
By Network Infrastructure
By Architecture
By Network Technology

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Airspan, TEOCO Corp., Ericsson, Cisco Systems, Inc., Amdocs Ltd., Huawei Technologies Co., Ltd., NEC Corp., and others.

A full Report of Self-Organizing Network (SON) Market is Available @  https://www.omrglobal.com/industry-reports/self-organizing-network-son-market

Self-Organizing Network (SON) Market Report Segment

By Offering

Software
Services

By Network Infrastructure

Core Network
RAN
Backhaul
WiFi

By Architecture

Centalized
Distributed
Hybrid

By Network Technology

2G/3G
4G
5G

Self-Organizing Network (SON) Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

AirHop Communications, Inc.
ANRITSU CORP.
Adtran Inc.
AirspanNetworks Inc.
Amdocs Group Companies
Blinq Networks (CCI Networks)
Casa Systems, Inc.
Cellwize Wireless Technologies Pte Ltd
Cisco Systems, Inc.
CommScope Holding Company, Inc. (Airvana)
Comarch SA
Huawei Technologies Co., Ltd.
NEC Corporation
Nokia Corporation
Samsung Electronics Co., Ltd.
I. Works Inc.
Qualcomm Inc.
TelefonaktiebolagetLM Ericsson 
TEOCO Corp.
VIAVI Solutions Inc.

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