Self-Organizing Network Market Latest Growth, Trends Analysis And Forecast by 2024


Posted November 5, 2019 by navdeep

Growing smartphone penetration, rising mobile data traffic, increasing need for managing growing network complexity, and virtualization of mobile networks.
 
Growing smartphone penetration, rising mobile data traffic, increasing need for managing growing network complexity, and virtualization of mobile networks are some of the key factors driving the growth of the self-organizing network market across the globe.

Self-organizing network technology is responsible for automatically planning, configuring, managing, optimizing, and healing mobile networks. It can maintain a high level of network performance through dynamic optimization and troubleshooting while operation. Moreover, it can minimize the capital expenditure (CAPEX) and operational expenditure (OPEX) of mobile operators through advanced automated configuration, optimization, and diagnosis of a large number of mobile networks.

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Growing smartphone penetration is one of the key factors driving the self-organizing network market across the globe. According to the GSM Association, as of 2018, the smartphone adoption rate in the North American region was around 80%, and it is expected to reach around 90% by 2025. Furthermore, in APAC, smartphone adoption is expected to grow from 54% in 2018 to around 82% in 2025.

Upcoming 5G network is one of the key factors offering immense growth opportunities to the self-organizing network market players globally. Rising number of higher-bandwidth data applications would increase the demand for the 5G network during the forecast period. Currently, due to manual configuration and optimization, a lot of network capacity gets wasted. Thus, the adoption of self-organizing network technology would address the issue through automatic configuration, optimization, diagnosis, and healing of cellular networks, without impacting the network reliability.

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Furthermore, in February 2018, TEOCO Corporation launched SmartCM 2.0, a next-generation radio access network (RAN) configuration management solution. The solution allows mobile operators to roll out, audit, and ensure integrity of the RAN network and offer improved service to their customers.

Some of the other major players operating in the self-organizing network market are Qualcomm Inc., Ericsson Inc., Airspan Networks Inc., NEC Corporation, Nokia Corporation, Huawei Technologies Co. Ltd., CommScope Inc., Casa Systems Inc., CCS Ltd., and Amdocs Ltd.

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Last Updated November 5, 2019