ALL >> General >> View Article
Key Market Dynamics In Self-organizing Network Market
The Self-Organizing Network Market is expected to grow from USD 3.64 billion in 2018 to USD 6.39 billion by 2023, at a CAGR of 11.9% between 2018 and 2023. The high demand for wireless connectivity, along with the need to manage the growing network complexity with the increasing number of small cells are the major factors contributing to the growth of the SON market.
The service segment to hold the largest size of the SON market by 2023
The service segment is expected to dominate the SON market during the forecast period. This is due to the fact that once the software is deployed in a network, it requires only maintenance and updating services. As the lifecycle of any SON software is long, several companies implementing the SON software into multi-million dollar, long-term service contracts.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36133461
The SON market for 5G to grow at the highest CAGR from 2018 to 2023
Among all network technologies, the SON market for 5G is likely to grow at the highest CAGR during the forecast period. 5G is 1,000 times faster than ...
... 4G, which would lead to a significant increase in the data transfer in the network and poised to increase network-related issues at users’ end. SON can be used to reduce complexity through advanced automation. SON will support the launch of 5G technology with minimal failures in the network infrastructure.
Asia Pacific to hold the largest share of the SON market by 2023
Asia Pacific is expected to hold the largest share of the SON market by 2023. Asia Pacific may witness high mobile data, traffic rate due to the growing number of planned deployments of LTE networks and upcoming 5G. The region has also witnessed growth in the adoption of smart devices and internet connections. These factors lead to the increased complexity of the network. Hence, the implementation of SON solutions is necessary to boost the network capacity, and reduce the complexity of the network in a cost-effective manner.
Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=36133461
The report profiles key players in the SON market. The competitive landscape of the market presents an interesting picture of the strategies adopted by these players to grow in the market. S Airspan (US), TEOCO (US), Ericsson (Sweden), Cisco (US), Amdocs (US), Huawei (China), NEC (Japan), Nokia (Finland), Rohde & Schwarz (Germany), Qualcomm (US), VIAVI Solutions (US), Cellwize (Singapore), BLiNQ Networks (Canada), Bwtech (Brazil), Comarch (Poland), Casa Systems (US), Airhop (US), CCS Ltd. (UK), CommScope (US), and P.I. Works (Turkey) are among a few major players in this market.
Add Comment
General Articles
1. Key Factors To Consider When Choosing New Home BuildersAuthor: longislandhomes
2. Revolutionizing Power Transformers: The Underrated Role Of Good Quality Filament Electrical Tape
Author: jarod
3. How To Deal With Losing Streaks In Online Rummy On Rummyprimes
Author: rummyprimes
4. Canapé Catering | Canape Delivery Service London | Canapébox
Author: any723
5. الاستثمار في فنادق عجمان: فرص واعدة مع أوطان العقارية
Author: tarek
6. Remote Control Production And Iot
Author: Melissa charm
7. What Is Commercial Agriculture? An Overview Of Modern Farming Practices
Author: peter main
8. Shifting Agriculture: A Traditional Practice In The Face Of Modern Challenges
Author: peter main
9. Agriculture Vs Horticulture: Understanding The Differences
Author: peter main
10. The Department Of Agriculture In Orlando: A Crucial Player In Florida’s Agricultural Landscape
Author: peter main
11. Exploring The Strongest Filament Tape: Setting New Standards
Author: susie
12. Gift Ideas For Women: Perfect Picks To Show You Care
Author: Flora2000
13. Best Astrologer In Kolhapur
Author: Pandith Vasudev dixith
14. The Fundamentals Of Procurement And Supply Chain Management
Author: Lanjekarmfg
15. Millionairematch’s Confidentiality Guard™: Your Shield For Secure Connections
Author: Bond