DUBLIN–(BUSINESS WIRE)–The “Self-Organizing Network Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The global self-organizing network market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of around 12% during 2021-2026.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A self-organizing network (SON) refers to a mobile network software solution that manipulates complex network operations to deliver enhanced network performance. It is designed for planning, configuring, managing, diagnosing and troubleshooting network errors through advanced automated configurations. A well-designed and efficient SON system can achieve and maintain high levels of network performance by continuously finding improvement patterns, minimizing workload on the network operator and automating various network management processes. Owing to this, it finds extensive application across various sectors, such as e-commerce, advertising, media, entertainment and healthcare.
Rapid urbanization, along with the rising demand for advanced systems to manage network complexities, is one of the key factors driving the growth of the market. The increasing requirements for higher bandwidth spectrum and growing mobile data traffic load on the existing networks have led to the widespread adoption of SONs across the globe. Furthermore, the virtualization of mobile networks is also providing a boost to the market growth. SONs are increasingly being deployed with cloud-based Network Functions Virtualization (NFV) models and software-defined networking (SDN) systems by telecom service providers, which aid in creating virtual, flexible and cost-effective mobile networks. Various technological advancements, such as the 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, are acting as another growth-inducing factor. Other factors, including significant improvements in the information technology (IT) infrastructure, along with extensive investments in the telecommunication sector, are projected to drive the market further.
Companies Mentioned
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 Key Questions Answered in This Report:
How has the global self-organizing network market performed so far and how will it perform in the coming years? What are the key regional markets? What has been the impact of COVID-19 on the self-organizing network market? What is the breakup of the market based on the offering? What is the breakup of the market based on the network infrastructure? What is the breakup of the market based on the architecture? What is the breakup of the market based on the network technology? What is the breakup of the market based on the application? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global self-organizing network market and who are the key players? What is the degree of competition in the industry? Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Self-Organizing Network Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Offering
7 Market Breakup by Network Infrastructure
8 Market Breakup by Architecture
9 Market Breakup by Network Technology
10 Market Breakup by Application
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/3jy0gn