The global self-organizing network market exhibited strong growth during 2015-2020.
Looking forward, the analyst expects the market to grow at a CAGR of around 12% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A self-organizing network (SON) refers to a mobile network software solution that manipulates complex network operations to deliver enhanced network performance. It is designed for planning, configuring, managing, diagnosing and troubleshooting network errors through advanced automated configurations. A well-designed and efficient SON system can achieve and maintain high levels of network performance by continuously finding improvement patterns, minimizing workload on the network operator and automating various network management processes. Owing to this, it finds extensive application across various sectors, such as e-commerce, advertising, media, entertainment and healthcare.
Self-Organizing Network Market
Rapid urbanization, along with the rising demand for advanced systems to manage network complexities, is one of the key factors driving the growth of the market. The increasing requirements for higher bandwidth spectrum and growing mobile data traffic load on the existing networks have led to the widespread adoption of SONs across the globe. Furthermore, the virtualization of mobile networks is also providing a boost to the market growth. SONs are increasingly being deployed with cloud-based Network Functions Virtualization (NFV) models and software-defined networking (SDN) systems by telecom service providers, which aid in creating virtual, flexible and cost-effective mobile networks. Various technological advancements, such as the integration with the 5G spectrum and the Internet of Things (IoT) that aid in network management, fault management and optimizing coverage, capacity and network performance, are acting as another growth-inducing factor. Other factors, including significant improvements in the information technology (IT) infrastructure, along with extensive investments in the telecommunication sector, are projected to drive the market further.
Key Market Segmentation: the analyst provides an analysis of the key trends in each sub-segment of the global self-organizing network market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, offering, network infrastructure, architecture, network technology and application.
Breakup by Offering: Software Services
Breakup by Network Infrastructure: Core Network Radio Access Network Backhaul Wi-Fi
Breakup by Application: Speech Coding Authentication and Network Security Wireless Application Protocol Application in 3G System Intermachine Communication Global Positioning System Gaming Others
Breakup by Region: North America United States Canada Asia Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
Competitive Landscape: The report has also analysed the competitive landscape of the market with some of the key players being Airhop Communications Inc., Airspan Networks Inc., Amdocs Inc., Cellwize Wireless Technologies Pte Ltd., Cisco Systems Inc., Comarch SA, Ericsson, Huawei Technologies Co. Ltd., Nokia, Qualcomm Incorporated, Siemens Aktiengesellschaft, Teoco Corporation, Viavi Solutions Inc., ZTE Corporation, etc. Key Questions Answered in This Report: How has the global self-organizing network market performed so far and how will it perform in the coming years? What are the key regional markets? What has been the impact of COVID-19 on the self-organizing network market? What is the breakup of the market based on the offering? What is the breakup of the market based on the network infrastructure? What is the breakup of the market based on the architecture? What is the breakup of the market based on the network technology? What is the breakup of the market based on the application? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global self-organizing network market and who are the key players? What is the degree of competition in the industry?
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200 pages •
By Global Industry Analysts
• Aug 2021
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Gross Domestic Product
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