Despite challenges relating to implementation complexities and multi-vendor interoperability, SON revenue is expected to grow to more than $5 Billion by the end of 2020, exceeding conventional mobile network optimization revenue by a significant margin.
Albany, NY -- (SBWIRE) -- 03/29/2017 -- With the rise of SON or Self-Organizing Network technology the lifecycle costs of running a mobile network is minimized. This also significantly reduces operator's services costs and improves the OpEx to revenue ratio. To help deeper understanding about this potential market, the latest report titled "The SON (Self-Organizing Networks) Ecosystem Market: 2016-2030 - Opportunities, Challenges, Strategies and Forecasts" is added to the vast repository of Market Research Hub (MRH). This study analyses the trends in the entire SON (Self-Organizing Networks) Ecosystem for a forecast period of 2016-2030.
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Along with limiting expenses, this remarkable technology is also being utilized in the mobile core and transport network areas. Alongside, Wi-Fi access point OEMs and big data are beginning to include powerful SON features. The study interestingly predicts growth of this industry to more than $5 billion by the end of 2020, increasing mobile network optimization revenue remarkably by a significant value. Correspondingly, the exhaustive inspection begins with the market forecasts predicted for each of the following submarkets and subcategories, such as mobile network optimization and SON, through clear explanations in this study. Later on in the study, the SON network segment submarkets such as the following are inspected thoroughly:
Mobile Backhaul & Fronthaul
Simultaneously, these following SON architecture submarkets are also mentioned in the study:
C-SON (Centralized SON)
D-SON (Distributed SON)
Furthermore, the access network technology's vital submarkets such as 2G and 3G, LTE, Wi-Fi and 5G are also examined by analysts in this professional study.
The article further on depicts the vast reach of the industry globally, with detailed description about every regional markets potential. Specifically, the key nations and regions like Asia Pacific, Eastern Europe, Latin and Central America, Middle East & Africa, North America and Western Europe are also covered up in the analysis.
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At the same time, a distinct overview of this remarkable industry is also presented in this extensive evaluation. It also includes a detailed description of the regional markets, major trends and growth drivers for this booming industry. Moreover, the reader greatly benefits from the valuable knowledge about the hindrances faced by the major industry players in the market. Correspondingly, other factors like key market drivers, challenges, and savings potential are also elucidated in this neat evaluation. The most active players from this sector include:
3GPP (Third Generation Partnership Project)
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