Industry Background:
High Demand for Wireless Connectivity will help to boost the demand for Self Organizing Network market in the forecasted period. With the 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. The Global (SON) Self-organizing network market is an intelligent mobile network software solution that deals with complex network operations to ensure smooth running and enhanced network performance. Further, deflection in user concentration in specific areas, surging network traffic owing to festive seasons needs to change the traffic patterns.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Ericsson (Sweden), Cisco (United States), Amdocs (United States), Huawei (China), NEC (Japan), Nokia (Finland), Rohde & Schwarz (Germany), Qualcomm (United States), Airspan (United States) and TEOCO (United States) |
This growth is primarily driven by Increasing demand for self-organizing networks for bandwidth and performance needs, Need to Manage Growing Network Complexity With Increasing Number of Small Cells and Virtualization of Mobile Networks.
Globally, a noticeable market trend is evident Growing demand for optimization of complex networks
The Wireless Telecommunication Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Ericsson (Sweden), Cisco (United States), Amdocs (United States), Huawei (China), NEC (Japan), Nokia (Finland), Rohde & Schwarz (Germany), Qualcomm (United States), Airspan (United States) and TEOCO (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Competitive Intelligence on prominent players involved in the development of SON provides key insights in terms of strategies implemented to gain significant share in the SON market. The key market players are adopting various strategies such as product launch and product innovation, to expand their existing product portfolio and maintain competitiveness in the rapidly growing AI marketspace.
Key Developments in the Market:
On 20th July 2020, Nokia has deployed its EdenNet Self-Organizing Network (SON) software for Telstra to help the Australian operator centralize and automate network operations and to support its move to 5G.
On 3rd December 2018, Cisco has announced its plans to execute on a radio access network (RAN) automation strategy using the Cisco SON (self-organizing network) platform for VodafoneZiggo.
Influencing Trend:
Growing demand for optimization of complex networks, Research and development took place to improve the OSS and operations and Rapid Adoption of Open Application Programming Interfaces
Market Growth Drivers:
Increasing demand for self-organizing networks for bandwidth and performance needs, Need to Manage Growing Network Complexity With Increasing Number of Small Cells and Virtualization of Mobile Networks
Challenges:
Limited In-House Skillset to Manage SON and Compatibility of SON With Legacy Network Equipment
Restraints:
Distortion due to the high cost of establishment and Security Concerns With Implementation of Open APIS
Opportunities:
High Demand due to Upcoming 5G Network
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Self Organizing Network Market
- Analysis about New Entrants in Self Organizing Network Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Self Organizing Network Study Sheds Light on
The Self Organizing Network Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Self Organizing Network industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Self Organizing Network industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.