Big Market Research has added a report, titled, “Self Organizing Network Market” A comprehensive information and thorough statistics are offered in the research with the help of tables and figures.
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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