DALLAS, January 13, 2015 /PRNewswire/ --
According to the new market research report "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", published by MarketsandMarkets, the self-organizing network market is estimated to reach $6,419.41 Million by 2020; growing at a CAGR of 10.07% from 2014 to 2020.
Browse 75 market Data Tables and 40 Figures spread through 190 Pages and in-depth TOCon "Self-Organizing Network Market".
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The Self-Organizing Network Market is growing at a highest CAGR; it has different types of architecture such as distributed SON (D-SON), centralized SON (C-SON), and hybrid SON. Self-organizing network is used to speed up the planning, configuration, optimization and healing of mobile telecom networks. The self-organizing networks can be divided into three functionalities namely: self-configuration, self-optimization and self-healing. Some of the benefits of Self-organizing network include an improvement in the operation and maintenance efficiency and effectiveness, energy saving, reduction of manual effort, enhanced capacity of network, and improved network quality. These benefits have made SON an integral part for 3G and 4G/LTE wireless cellular technologies.
This report describes the market drivers, restraint, opportunities, and challenges with respect to the Self-Organizing Network Market. The factors which are driving the Self-Organizing Network Market includes rising demand for broadband services, low cost management and installation, CAPEX and OPEX savings, and increasing deployments of LTE. The restraining factor affecting the market is complexity of network. Emerging smart devices, increased use of data driven services is considered to be the opportunity for the Self-Organizing Network Market. Higher implementation cost and requirement of large bandwidth are some challenges for the Self-Organizing Network Market.
This report gives a detailed view of the market across geographies, namely - North America, Europe, Asia-Pacific, and RoW. North America dominates the Self-Organizing Network Market in terms of revenue generation with a highest market share of ~35% in 2013; and market is expected to growing at a CAGR of 9.31% from 2014 to 2020. U.S. and Canada market with regards to Self-Organizing Network Market accounts a collective market share of ~95% during 2013.
The major players involved in the development of Self-Organizing Network Market include: Cisco Systems Inc. (U.S.), Amdocs Ltd. (U.S.), Ericsson (Sweden), Huawei Technologies Co., Ltd. (China), Nokia Solutions and Networks (Finland), Reverb Networks (U.S.), Eden Rock Communications (U.S.), and Cellwize Wireless Technologies Pte. Ltd. (Singapore).
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