DUBLIN, Feb .03, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/bcdbph/selforganizing) has announced the addition of the "Self-Organizing Network Market by Revenue Source, by Architecture Type, Network Type, Technology and Geography - Analysis & Forecast to 2014 - 2020" report to their offering.
The self-organizing network (SON) is relatively new technology and it has been evolving rapidly. The 3GPP standardization body introduced SON in its December 2008 Release 8. The self-organizing network was originally developed as an essential component of LTE, but soon it extended to handle 2G and 3G networks. Initial versions of SON were single vendor and single technology solutions. SON solutions are rapidly becoming more sophisticated, by facilitating multi-vendor and multi-technology optimization through a single and centralized solution. It is used to boost speed and coverage of a network.
In self-organizing networks, the task of configuring, operating, and optimizing network performance are largely automated (50%-60% automation). This reduces operational expenditure and enables a flattering user experience under adverse conditions like congested traffic. The introduction of SON was majorly focused on radio access elements as radio access elements accounted for a large share of cellular networks installation, deployment, and maintenance costs. Self-organizing network has several advantages like an improvement in operating efficiency, improved user experience and network quality, more efficient use of engineers, and capacity based optimization (also known as load balancing).
This report describes the market trends, drivers, and challenges for the self-organizing network market and forecasts the market from 2014 to 2020 on the basis of revenue source, architecture type, network type, technology, and geography. The factor which is 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 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. Services are the major revenue source of self-organizing network market. It accounts a market share of -77% in 2013 and is expected to grow at a CAGR of 9.59% from 2014 to 2020. The software is a highest growing revenue source during the forecasted period and it is projected to grow at a CAGR of 11.61% from 2014 to 2020.
It has become important to implement self-organizing networks which can help in minimizing the installation and management cost, as well as capital expenditure and operating expenditure. Implementation of self-organizing networks can virtually eliminate the involvement of human and thus it reduces the risk of safety at installation level. APAC is the fastest growing region in the self-organizing network market with a CAGR of 11.89% from 2014 to 2020. In APAC, Japan and South Korea accounted for a major market share of -61% in 2013 and the countries such as China and India are growing at a highest CAGR during 2014 to 2020.
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).
Key Topics Covered:
2 Research Methodology
3 Market Overview
4 Industry Trend
5 Market By Revenue Source
6 Market By Architecture Type
7 Market By Type of Network
8 Market By Type of Wireless Cellular Technology
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- Actix International
- Cellwize Wireless Technologies
- CISCO Systems
- Eden Rock Communications
- Huawei Technologies
- Nokia Solutions and Networks
- Reverb Networks
For more information visit http://www.researchandmarkets.com/research/bcdbph/selforganizing
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SOURCE Research and Markets