In this report, the self-organizing network (SON) market has been segmented on the basis of offering, network infrastructure, architecture, network technology, and geography. The overall SON market is expected to be valued at USD 6.39 billion by 2023, growing at a CAGR of 11.9% from 2018 to 2023. The need to manage the growing network complexity with the increasing number of small cells and high demand for wireless connectivity are the major factors driving the growth of the SON market.
SON is a solution applied in cellular networks for simplifying operational tasks through the automated mechanism of self-optimization, self-configuration, and self-healing. SON is an adaptive, resilient, and scalable solution that limits a human error, improves the user experience, and mitigates the performance degradation in mobile telecom networks. The SON solution reduces CAPEX by optimizing the resource utilization, as well as reduces OPEX by limiting the human intervention in network designing, building, and optimization. Cisco (US), Nokia (Finland), Ericsson (Sweden), Amdocs (US), and Viavi Solution (US) are a few major players contributing to the growth of the SON market by continuously launching innovative products in the market.
To know about the assumptions considered for the study download the pdf brochure
Among all network technologies, the market for 5G-enabled SON solutions 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 the complexity through advanced automation. SON will support the launch of 5G technology with minimal failures in the network infrastructure. Thus, SON is critical for the successful launch of 5G.
Among all offerings, the SON market for services is expected to grow at the highest CAGR during the forecast period owing to the growing importance of post-sales services, including training and installation services, with respect to SON solutions. The software, once deployed in a network, requires only maintenance and updating services. As the lifecycle of any SON software is long, several companies implementing the SON software enter into multi-million dollar, long-term service contracts. SON services involve product-based add-on services, such as software maintenance, upgrading, and training and consultancy services.
Among all regions, the SON market in the Middle East and Africa is expected to grow at the highest CAGR during the forecast period. In the Middle East and Africa, telecom operators have been focusing on increasing their revenue; the arrival of 5G will be a new opportunity with the rising mobile broadband adoption, growing number of subscribers, and increasing smartphone use. Over the last few years, the regions have witnessed tremendous growth in smartphone users. Further, all major operators within the Gulf Cooperation Council (GCC) have launched LTE technology, which is also expected to increase the demand for SON solutions in these regions.
Self-Organizing Network Market by Revenue Source (Software and Services), by Architecture Type (D-SON, C-SON, and Hybrid SON), Network Type, Technology (2G, 3G, and 4G/LTE) and Geography - Analysis & Forecast to 2014 - 2020
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.SEND ME A FREE SAMPLE