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Global Self-Organizing Network (SON) Market was valued at USD 4991.90 million in 2021 and is expected to reach USD 15087.29 million by 2029, registering a CAGR of 13.30% during the forecast period of 2022-2029. Network Security and Authentication accounts for the largest application segment in the respective market owing to the increase in the number of security breaches. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Self-Organizing Network (SON) Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Network Complexity
The increase in the need to manage the network complexity along with growing number of small cells is one of the major factors driving the growth of self-organizing network (SON) market. The surge in demand for wireless connectivity across the globe have a positive impact on the market.
- Virtualization of Mobile Networks
The rapid virtualization of mobile networks and increase in the adoption of open application programming interfaces (APIs) accelerate the market growth.
- Growth of 4G Technology
The rise in demand for SON software owing to the emergence of 5G and rise of 4G technology further influence the market. The self-organizing network (SON) was highly used by the operator for 3G/HSPA+ optimization in the initial phase. 4G SON solutions have been adopted after proper rollout of LTE across developing economies.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the self-organizing network (SON) market.
Opportunities
Furthermore, uptake in mobile subscriptions mainly in emerging countries extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, surge in investments will further expand the market.
Restraints/Challenges
On the other hand, high implementation cost and security concerns with implementation of open APIS are expected to obstruct market growth. Also, limited in-house skillset to manage self-organizing network (SON) and compatibility of SON with legacy network equipment are projected to challenge the self-organizing network (SON) market in the forecast period of 2022-2029.
This self-organizing network (SON) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on self-organizing network (SON) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Leading Key Players Operating in the Self-Organizing Network (SON) Market Includes:
Nokia (Finland), Cisco Systems, Inc. (US), Telefonaktiebolaget Lm Ericsson (Sweden), Qualcomm Technologies Inc. (US), Airspan Networks (US), Innovile (Turkey), Corning Incorporated (US), Hughes Systique Corporation (US), Altran (France), Cellwize (Singapore), Airhop Communications (US), ZTE Corporation (China), Comarch SA (Poland), P.I. Works (Turkey), CCS Ltd (India), Radisys (US), VIAVI Solutions (US) and Infovista (US), among others.
Recent Developments
- In June 2020, VIAVI Solutions Inc. has introduced two 3D geolocation solutions for 5G network, GEOperformance 5G and Coverage Assurance 5G. Both of these give an overview of subscriber experience along with 5G coverage and it will allow the operators to move managing positions which will enable them to generate new revenue streams.
- In January 2019, P.I. Works has introduced Customer Experience Management (CEM) based centralized SON to boost subscriber experience. This application level CEM is combined with uSON (Unified Self Organizing Networks) which enhances user experience metrics along with operational efficiency.
Self-Organizing Network (SON) Market Segmentations:
Offering
- Software
- Service
Network
- RAN
- Wi-Fi
- Core Network
- Backhaul
Architecture
- C-SON (Centralised)
- D-SON (Distributed)
- H-SON (Hybrid)
Network Technology
- 4G/LTE
- 2G/3G
- 5G
Application
- Network Security and Authentication
- WAP
- Intermachine Communication
- Global Positioning System
- Gaming
- Others
Self-Organizing Network (SON) Market by Region:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy and Rest of Europe)
- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia, rest of countries etc.)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria and South Africa)
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-self-organizing-network-son-market
Reasons to Purchase the Self-Organizing Network (SON) Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
The report answers questions such as:
- Which product segment grabbed the largest share in the Self-Organizing Network (SON) market?
- How is the competitive scenario of the Self-Organizing Network (SON) market?
- Which are the key factors aiding the Self-Organizing Network (SON) market growth?
- Which are the prominent players in the Self-Organizing Network (SON) market?
- Which region holds the maximum share in the Self-Organizing Network (SON) market?
- What will be the CAGR of the Self-Organizing Network (SON) market during the forecast period?
- Which application segment emerged as the leading segment in the Self-Organizing Network (SON) market?
- What key trends are likely to emerge in the Self-Organizing Network (SON) market in the coming years?
- Which company held the largest share in the Self-Organizing Network (SON) market?
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