According to IMARC Group’s latest report, titled “Self-Organizing Network Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global self-organizing network market size reached US$ 4.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.8 Billion by 2027, exhibiting a growth rate (CAGR) of 11.4% during 2022-2027.
A self-organizing network (SON) is an intelligent mobile solution that manipulates complex network operations to ensure smooth functioning and enhance network performance. An efficient SON system is usually designed to plan, configure, manage, diagnose, and troubleshoot network errors through advanced automated configurations.
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Market Trends
The key factor driving the global self-organizing network market is the various benefits offered by SON, including reduced cost of operation, improved customer satisfaction, and effective traffic management and load balancing. Owing to this, SON solutions find wide-ranging applications in various sectors such as e-commerce, advertising, media, entertainment, and healthcare. Besides this, the rising demand for advanced systems to manage network complexities has led to the widespread adoption of SON across the globe. Furthermore, improvements in the information technology (IT) infrastructure, along with 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, act as another growth-inducing factor propelling the growth of the market.
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List of Key Companies Covered in this Market Report:
- 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
The report has segmented the market on the basis of offering, network infrastructure, architecture, network technology and geography.
Breakup by Offering:
- Software
- Services
Breakup by Network Infrastructure:
- Core Network
- Radio Access Network
- Backhaul
- Wi-Fi
Breakup by Architecture:
- Centralized Self-Organizing Networks
- Distributed Self-Organizing Networks
- Hybrid Self-Organizing Networks
Breakup by Network Technology:
- 2G/3G
- 4G/LTE
- 5G
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 Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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