Press release
SON (Self-Organizing Networks) Ecosystem Market: Convergence With Big Data, Deep Packet Inspection And Predictive Analytics To Create Opportunities
The report examines the global market for self-organizing networks (SON) ecosystem, focusing on the 2016 statistics of the industry. To explain the self-organizing networks market’s 2030 figures, a detailed overview of the market’s development trajectory since 2016 is given in the report. The report, titled ‘The SON (Self-Organizing Networks) Ecosystem: 2016 - 2030 - Opportunities, Challenges, Strategies & Forecasts,’ is available for sale on the official website of MarketResearchReports.biz.SON ecosystems ensure enhanced network performance and smooth running of the network, which is driving their demand. SON ecosystems are capable of constant monitoring of mobile networks and related services and has the capability of collecting data from various network sources, which is then used for self-healing, self-optimization, and self-configuration. Thus, self-organizing network ecosystems help in reducing efforts of a network operator by automating network management processes and this is a major factor driving the market. Mobile Core, Hetnet, and Mobile Backhaul are some of the SONs which are anticipated to contribute to the growth of the market.
As the telecom industry is flourishing, the cellular network traffic is growing, creating a need for self-organizing networks, which can help with traffic management, effective load balancing, improved customer satisfaction, and also reduce operation cost. Moreover, self-organizing networks aid in providing streamlined and simplified management of multi-vendor and multi-technology network, facilitating service providers to deliver services at low cost and high speed. These features of SONs are fueling their adoption, thereby driving the growth of the market. Additionally, Wi-Fi access point oracle enterprise managers (OEMs) are increasingly integrating SON features such as autonomous performance optimization, plug-and-play deployment, proactive defense against unauthorized access, and self-healing. Thus, there will be a substantial growth of the market in the coming years.
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The high initial investments involved in the implementation of SON ecosystems is one of the factors deterring users from adopting this solution. Implementation complexities and multi-vendor interoperability are other factors restricting the growth of the market. However, despite these challenges, SON ecosystem revenue is expected be worth US$5 bn by the end of 2020. It is expected that the convergence of SON ecosystems with other technological innovations such as Big Data, deep packet inspection (DPI), and predictive analytics will prove to be beneficial for the market. In addition to this, the swift uptake in mobile subscriptions in emerging countries over the past few years is substantially improving the growth prospects of SON ecosystems in these countries.
The report segments the global self-organizing networks ecosystem market on the basis of architecture into centralized SON (C-SON) and distributed SON (D-SON). By technology the market is segmented into 2G & 3G, 5G, LTE, and Wi-Fi. By geography, the market is segmented into Asia Pacific, Eastern Europe, Latin and Central America, the Middle East and Africa, North America, and Western Europe. Some of the companies mentioned in the report are Flash Networks, GoNet Systems, Huawei, Ericsson, Digitata, CrowdX, Lifecell, and Mobixell.
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