The need for a self-organizing network is growing rapidly all across the globe due to its technological advancements and benefits. It is also known as the cosmos of functions necessary for automatic configuration and cellular network healings. The drivers of a self-organized network effectively reduce the OPEX and CAPEX. It is essential as the OPEX and CAPEX numbers gradually increase concerning the increase in several network parameters. For the futuristic mobile operations and network parameters, self-organizing network or SON is intended to save Operational Expenditure (OPEX) and Capital Expenditure (CAPEX). The operators need to make sure about the appropriate function of Son to help them sustain cost-efficient networks.
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The report states the overall market growth and status of the Global Self-organizing Network Market. It also highlights the market classification of the industry with respect to offering segmentation, architecture segmentation, network segmentation, network technology segmentation, and region segmentation. The report also focuses on the major players of the Global Self-organizing Network Market. The market size of the Global Self-organizing Network Market was 3.45 billion US$ in the year 2017. Due to its high demand in the market, the size is expected to grow up to 8.33 billion US$ by the end of the year 2026. The rate of CAGR will be 11.655 for the financial years 2018-2026.
Market classification of the Industry
On the basis of offering segmentation, the Global Self-organizing Network provides service and software operations to its clients and customers. For all organizations implementing SON, the industry offers both software installing and service maintenance for the network.
On the basis of architecture segmentation, the Global Self-organizing Network deals in D-SON, H-SON, and C-SON architecture. Different architectural segmentation serves different purpose in the field of balancing networks.
On the basis of network segmentation, the Global Self-organizing Network deals in providing Core network, Backhaul network, Wi-Fi and RAN network. The companies worldwide offer various network services to their clients depending upon their organizational needs.
On the basis of network technology segmentation, the Global Self-organizing Network extends its service to 2G/3G, 5G, and 4G/LTE network technology. The SON industry is focusing on all operator networks and works on optimizing them.
On the basis of region segmentation, the Global Self-organizing Network is widely spread across various regions of the world including North America, Europe, South America, Asia-Pacific, and Africa. The companies spread across these regions are responsible for boosting the global status of the industry.
Major players of the Industry
There are various companies collectively contributing to this industry to improve their product offerings. Some of the major players of the industry are Casa Systems, Cellwize Wireless technologies, Ericsson, Nokia, Viavi Solutions, Qualcomm, Airshop Communications, Huawei and lot more. These companies are working with full efforts to improve the market revenue of the Global Self-organizing Network market.
Top news of the industry
In September 2019, The Telefonica Group has taken up CellWize’s Self-organizing network for enhancement in the customer experience in the industry. The Telefonica Group is eyeing for better cost-effective operations to over 70 million Telefonica subscribers.
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