Self-organizing network is an intelligent mobile network software solution that deals with complex network operations to ensure smooth running and enhanced network performance. Moreover, it also enables constant monitoring of mobile network and related services. The world self-organizing networks (SON) market is expected to grow at a CAGR of 11.1% during the forecast period (2016 – 2022). Furthermore, the sector is expected to generate $8.3 billion by 2022.
SON collect data from various network sources and utilize it to enable self-optimization, self-healing and self-configuration features in network management. Self-organizing networks basically aim to reduce network operators efforts, by automating network management processes. The self-organizing network including Hetnet, Mobile Core and Mobile Backhaul are expected to contribute the growth of the sector.
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Presently, the telecom industry is facing swift growth in cellular network traffic owing to enhanced use of mobile Internet and rapid uptake in LTE technology. Self-organizing networks offer several benefits, for instance, effective network traffic management, reduced operation cost, improved customer satisfaction and effective load balancing. Moreover, SON facilitate simplified and streamlined management of multi-technology and multi-vendor network that allows service providers to deliver faster services at lower cost.
These advanced features have fostered the adoption of SON solution; thereby driving the growth of the market. In addition, rapid uptake in mobile subscriptions mainly in emerging countries is significantly boosting the market growth and providing huge opportunities for world SON market. However, high initial investment involved in SON implementation is restraining the growth of the market.
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The world self-organizing networks (SON) market is segmented on the basis of architecture, cellular network and geography. The architecture segment is categorized into centralized self-organizing networks (C-SON), distributed self-organizing networks (D-SON) and hybrid self-organizing networks (H-SON). The cellular network segment is bifurcated into 4G/Long-Term Evolution (LTE) and 2G/3G.
Based on geography, the self-organizing networks market is segmented into North America, Europe, Asia-Pacific, and LAMEA, with a country-wise analysis of each of these geographies. North America is further bifurcated into U.S., Mexico and Canada, whereas Europe has been further segmented into UK, Germany, France and Rest of Europe. The countries covered under Asia-Pacific are China, Japan, South Korea, Singapore and Rest of Asia-Pacific. LAMEA includes Latin America, Middle East and Africa.
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Major companies include, Telefonaktiebolaget L. M. Ericsson, Cellwize Wireless Technologies Pte Ltd., Airhop Communications Inc., Amdocs Inc., Actix International Ltd., Alcatel-Lucent Sa, At&T Inc., Celcite, Nokia Solutions and Networks, Cisco Systems Inc., NEC Corporation, Huawei Technologies Co., Ltd, Ascom Holding AG and RadiSys Corporation.
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The report provides a comprehensive analysis of world self-organizing networks market with current and future growth opportunities, market trends, challenges and competitive scenario.
The current market trends are quantitatively analyzed and estimated for the period 2015-2022, which have been provided to highlight the financial competency of the market.
Porters five forces analysis provides inputs on the potential of buyers and suppliers and highlights the competitive structure of the market that would enable market players to devise effective growth strategies and facilitate better decision-making.
Value chain analysis provides key inputs on the role of different stakeholders involved at various stages of the value chain.
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According to Statista, as of 2021 data, the United States held over ~36% of the global market share for information and communication technology (ICT). With a market share of 16%, the EU ranked second, followed by 12%, China ranked third. In addition, according to forecasts, the ICT market will reach more than US$ 6 trillion in 2021 and almost US$ 7 trillion by 2023. In today’s society, continuous growth is another reminder of how ubiquitous and crucial technology has become. Over the next few years, traditional tech spending will be driven mainly by big data and analytics, mobile, social, and cloud computing.
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This report analyzes the global primary production, consumption, and fastest-growing countries in the Information and Communications Technology(ICT) market. Also included in the report are prominent and prominent players in the global Information and Communications Technology Market (ICT).
SELF-ORGANIZING NETWORKS (SON) MARKET SEGMENTATION
The world self-organizing networks (SON) market is segmented based on architecture, cellular network and geography.
MARKET BY ARCHITECTURE
Centralized Self-Organizing Networks (C-SON)
Distributed Self-Organizing Networks (D-SON)
Hybrid Self-Organizing Networks (H-SON)
MARKET BY CELLULAR NETWORK
4G/ Long-Term Evolution (LTE)
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MARKET BY GEOGRAPHY
Rest of Europe
Rest of Asia-Pacific
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The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes.
During the forecast period, the report analyzes the growth rate, market size, and market valuation.
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