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Mexico to Exhibit Significant Growth in Self-Organizing Network Market During 2018–2023

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Mexico to Exhibit Significant Growth in Self-Organizing Network Market During 2018–2023

February 15
00:08 2020
Self-Organizing Network Market by Offering (Software, Service), Network Segment (RAN, Core Network, Backhaul, Wi-Fi), Architecture (C-SON, D-SON, H-SON), Network Technology (2G/3G, 4G/LTE, 5G), and Geography – Global Forecast to 2023

The self-organizing network market is expected to reach USD 6.39 billion by 2023 from USD 3.25 billion in 2017, at a CAGR of 11.9% during the forecast period. The base year considered for the study is 2017, and the forecast period is from 2018 to 2023. The objective of the report is to provide a detailed analysis of the market based on offering, network infrastructure, architecture, network technology, and geography. The report also provides information regarding the major factors influencing the growth of the self-organizing network market (drivers, restraints, opportunities, and industry-specific challenges), along with the detailed value chain. In addition, the key players in the SON market have been strategically profiled, and their market ranking and core competencies have been comprehensively analyzed, along with detailing the competitive landscape for these market players and strategies such as product launches and developments, acquisitions, partnerships, collaborations, and contracts adopted by them to grow in the self-organizing network market.

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The need to manage the growing network complexity with the increasing number of small cells and the high demand for wireless connectivity are the factors that drive the growth of the SON market. Further, the virtualization of mobile networks, along with the rapid adoption of open application programming interfaces (APIs), is also another contributing factor to the self-organizing network market growth.

The demand for SON software due to the upcoming 5G and growth of 4G technology is expected to grow significantly over the next 5 years. SON was significantly used by the operator for 3G/HSPA+ optimization initially. With the proper rollout of LTE across developing economies, 4G SON solutions have been adopted; therefore, the market 4G SON systems is expected to grow at a significant CAGR during the forecast period.

The market for services pertaining to SON offerings is expected to grow at the highest CAGR from 2018 to 2023 owing to the growing importance of post-sales services, including training and installation services, with respect to SON solutions. The SON software has considerably long lifecycle; however, service providers need to regularly update this software to enhance functionalities, provide new features, and offer users with the latest experience.

The need for huge capital investment for the deployment of SON solutions is anticipated to restrict the self-organizing network market growth primarily for a small telecom service provider. Further, limited in-house skillset to manage SON is expected to pose challenges to market players.

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 a few key players in the SON market. These players adopted strategies such as product launches and developments, acquisitions, partnerships, collaborations, and contracts to grow in the market.

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